Bollinger Bands for Beginners : What They Really Tell You - The Bollinger Bands Strategy, Tested Against 22 Million Days of Market Data
Language: English
Published by Independently Published Sep 2026, 2026
- Softcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
AbeBooks seller since August 14, 2006
Condition: New
£ 17.69
Quantity: 2 available
Add to basketItem description from seller
Neuware - The number everyone quotes is wrong, and it costs money.You have read the sentence: the bands sit two standard deviations from the average, which captures about 95% of price action. It is in the tooltip that pops up when you switch the indicator on.The real figure is 88.4%.That is not a rounding quarrel. At 95%, price would close outside the bands about one day in twenty - once a month, rare enough to be worth acting on. At 88.4% it happens about one day in nine. Two or three times a month. That is not an event. That is a Tuesday.Measured, not repeated.Every figure in this book was computed from daily prices for 8,929 US-listed stocks and funds, every trading day from 2010 through 2026 - about 22.8 million days of prices. Nothing sampled, nothing left out. The methods and definitions are printed in an appendix, so you can reproduce any number here or catch an error in it.What you will be able to doLook at a chart with bands on it and answer a question most traders never ask: how far is this stock likely to travel over the next month Not which way - the bands have nothing to say about direction, and a whole chapter proves it. How far.That turns out to be the more useful question, and it has a genuinely good answer. It is the number that decides how many shares you buy and where a sensible stop sits. On $500 of risk and a $100 stock, the calmest tenth of a stock's own year supports 92 shares; the jumpiest supports 65. Same price, same money at risk, different size - and you will be able to work out which.What you will stop doingFading band touches, which loses money. Buying them, which loses money in the opposite direction. Acting on the first day of a touch, when half of them are over by the next close. Sizing up into a long quiet stretch because a big move must be coming - folklore this book tests across 330,000 quiet stretches and finds no relationship at all. Reading a squeeze as a direction call, when 199,097 breakouts went on to resolve the expected way 49.7% of the time.Not losing money on those habits is worth as much as any signal, and it is a good deal easier to arrange.What is not in hereNo entry signal. No stop-loss formula. No target. No win rate. They are not withheld to sell you something later - they were looked for across sixteen years of prices and nearly nine thousand companies, and they are not there. What you get instead is a way of sizing a position by measurement, a short list of things not to do, and one page of procedure at the back with every line traced to a chapter and a number.The bands were never a compass. They are a ruler. Used as a ruler, they are one of the better instruments on your screen. …
Seller Inventory # 9798174053946
- Title
- Bollinger Bands for Beginners : What They Really Tell You - The Bollinger Bands Strategy, Tested Against 22 Million Days of Market Data
- Author
- Dean Cross
- Publisher
- Independently Published Sep 2026
- Publication year
- 2026
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- English
- ISBN 13
- 9798174053946
- Item weight
- 152 grams
- Dimensions
- 229x152x6 mm
- Series
- Book 9 of 9: The Technical Indicator Series
The number everyone quotes is wrong, and it costs money.
You have read the sentence: the bands sit two standard deviations from the average, which captures about 95% of price action. It is in the tooltip that pops up when you switch the indicator on.
The real figure is 88.4%.
That is not a rounding quarrel. At 95%, price would close outside the bands about one day in twenty — once a month, rare enough to be worth acting on. At 88.4% it happens about one day in nine. Two or three times a month. That is not an event. That is a Tuesday.
Measured, not repeated.
Every figure in this book was computed from daily prices for 8,929 US-listed stocks and funds, every trading day from 2010 through 2026 — about 22.8 million days of prices. Nothing sampled, nothing left out. The methods and definitions are printed in an appendix, so you can reproduce any number here or catch an error in it.
What you will be able to do
Look at a chart with bands on it and answer a question most traders never ask: how far is this stock likely to travel over the next month? Not which way — the bands have nothing to say about direction, and a whole chapter proves it. How far.
That turns out to be the more useful question, and it has a genuinely good answer. It is the number that decides how many shares you buy and where a sensible stop sits. On $500 of risk and a $100 stock, the calmest tenth of a stock's own year supports 92 shares; the jumpiest supports 65. Same price, same money at risk, different size — and you will be able to work out which.
What you will stop doing
Fading band touches, which loses money. Buying them, which loses money in the opposite direction. Acting on the first day of a touch, when half of them are over by the next close. Sizing up into a long quiet stretch because a big move must be coming — folklore this book tests across 330,000 quiet stretches and finds no relationship at all. Reading a squeeze as a direction call, when 199,097 breakouts went on to resolve the expected way 49.7% of the time.
Not losing money on those habits is worth as much as any signal, and it is a good deal easier to arrange.
What is not in here
No entry signal. No stop-loss formula. No target. No win rate. They are not withheld to sell you something later — they were looked for across sixteen years of prices and nearly nine thousand companies, and they are not there. What you get instead is a way of sizing a position by measurement, a short list of things not to do, and one page of procedure at the back with every line traced to a chapter and a number.
The bands were never a compass. They are a ruler. Used as a ruler, they are one of the better instruments on your screen.
"Synopsis" may belong to another edition of this title.
Shipping rates from Germany to U.S.A.
| Item | 7 to 10 business days | 5 to 7 business days |
|---|---|---|
| First item | £ 29.69 | £ 38.17 |
Payment methods
- Bank Wire Transfer
- Check
- Paypal
Store description
Das Unternehmen AHA-BUCH GmbH: Seit der Gründung von AHA-BUCH im Juli 2005 ist unser Hauptziel, zufriedenen Kunden so schnell und so preisgünstig wie möglich ihren Bücherwunsch zu erfüllen. Unsere Firma beschäftigt 16 Mitarbeiter, die nur ein Ziel kennen: den Kunden und seine Wünsche! Auf über 3700 m2 Fläche haben wir über 100.000 Bücher, Modernes Antiquariat und Spiele auf Lager.
Specialty
Kinderbücher & Kinderhör Casetten, German Books, Software, Natur & Tiere, Ratgeber, Sachbücher, Englische Bücher, Medizin & Gesundheit, Universität & StudiumSeller's business information
AHA-BUCH GmbH
Garlebsen 48
Einbeck, Germany 37574
Terms of sale
Imprint
Seller Info:
AHA-BUCH GmbH
represented by the managing director Christel Glass
Garlebsen 48
37574 Einbeck
Deutschland
Telefon: 055639996039
Telefax: 055639995974
E-Mail: abebooks@aha-buch.de
USt-IdNr.: DE261904229
registered at Commercial register Amtsgerichtes Göttingen
Handelsregisternummer HRB 200691
Alternative dispute resolution:
The European Commission provides a platform for out-of-court online dispute resolution (ODR platform), which can be accessed under https://ec.europa.eu/odr.
We have been a member of the "FairCommerce" initiative since 25.05.2018.
For more information, see www.fair-commerce.de.
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to AHA-BUCH GmbH, Einbeck, Germany, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.
Shipping terms
We ship your order after we received them
for articles on hand latest 24 hours,
for articles with overnight supply latest 48 hours.
In case we need to order an article from our supplier our dispatch time depends on the reception date of the articles, but the articles will be shipped on the same day.
Our goal is to send the ordered articles in the fastest, but also most efficient and secure way to our customers.