R.I.P. – Walter Bressert

R.I.P. - Walter Bressert

R.I.P. - Walter Bressert  R.I.P. - Walter Bressert

I am sad to say my father Walter Bressert passed away peacefully on Feb 11th, 2017. He was an amazing man and father. He will be missed dearly.

My Father appreciated all your support over the last 40 plus years. And I know he wishes you well in your trading.

www.walterbressert.com

Walter Bressert’s Professional Career: An Overview
Walter, who is credited with bringing cycles into the futures markets, became interested in cycles in the late 1960s. He studied everything available at the time, including volumes of information published by the Foundation for the Study of Cycles, and Jim Hurst’s classic book on cycles, “The Profit Magic of Stock Transaction Timing”. He also attended several of Jim’s workshops. Walter was a trader, and in applying the concepts from Hurst’s book and workshops, and the Foundation, he realized that something was missing. There was plenty of theory on how to use cycles, but no quantification, or structure, that would allow him to trade the markets cyclically with confidence.

He researched the historical performance of the markets, focusing on quantifying the cycles and combining cycles with price performance, including Fibonnaci relationships of time and price. He studied the works of Edwards and Magee, W.D. Gann, Gartley and R.N. Elliott, blending the timing of cycles with the best of the works of others who had studied the market in-depth. It was at this time Walter began using a combination of oscillators and Timing Bands, which compensates for the tendency of cycles to contract and extend. The result of his extensive research was the Bressert Method of Cycle Analysis. Much of the terminology used by cycle analysts today originates with the terminology Walter used to describe cyclic activity for specific cycles that he isolated over 25 years ago. This method, greatly improved by the addition of Oscillator/Cycle Combinations, is still traded today by many who learned it in the 70s and 80s.

In 1974, he began publishing the HAL Commodity Cycles newsletter to make this information available to other traders. Focusing on the futures markets, HAL quickly grew to become one of the largest and most popular newsletters in the business. As Futures magazine stated – “He gets the readership he deserves because he is right so often”.

In 1976, at the request of his subscribers, he began teaching workshops on trading cycles using the Bressert Method. Over the years he has taught thousands of commodity traders, brokers and money managers in the U.S., Europe and Asia how to use cycles to improve their timing.

Walter had been working with oscillators for many years before he joined with Tim Slater in 1979 to build CompuTrac, the first computerized market analysis program available to the public.

After publishing HAL Commodity Cycles for 12 years, of which 10 of the 12 years were profitable, he retired in 1985. In 1990, he saw the need for a book on combining oscillators and cycles, and published “The Power of Oscillator/Cycle Combinations” in 1991. (This book is now outdated with the advent of computerized analysis.)

From 1991 through 1995, he published the CycleWatch newsletter, which forecast time and price moves weeks and months into the future in the S&P Index, Bonds, Precious Metals, Currencies and the Agricultural markets. CycleWatch was available as a daily fax-on-demand, and via DBC Signal, FutureLink and DTN. Walter’s trading recommendations were also featured on the Futures magazine AllStar Advisor’s Hotline.

In 1994, Walter developed award-winning software that over the years has evolved into his current software ProfitTrader. Based on his timing methodology, ProfitTrader identifies trend and trend reversals, plus generates mechanical BUY/SELL signals. The Timing Bands he built for the markets in the early 70s are still valid and much improved. The addition of oscillators and his techniques to enhance oscillator performance greatly improve the ability of anyone – beginner or expert – to trade tops and bottoms of cycles as they are occurring . The real key to trading with cycles is to first identify trend direction, then buy bottoms if the trend is up, and sell tops if the trend is down. The interaction of cycles within cycles shows specific patterns that help identify trend reversals as they are occurring, and in iday trading it is these trend reversals that are often followed by the big intraday moves.

Walter was a director and president of the non-profit Foundation for the Study of Cycles. He has lectured internationally for more than thirty years and written articles for the Wall Street Journal, Barron’s, Futures magazine and the “Commodity Research Bureau Yearbook”. He was a contributing editor to the Financial News Network and has appeared on CNBC from time-to-time as a guest speaker.

Walter is no longer analyzing and trading the markets. His software ProfitTrader and the archived educational material on this website are a wealth of information spanning over 30 years of cycle research and trading.

 


Free Trading Books – Send me an email and  we will send you a link to download Walter Bressert’s book for free.


CycleTRADER Indicators | Systems

Hypothetical performance results have many inherent limitations, Some of which are described below. No representation is being made That any account will or is likely to achieve profits or loses similar To those shown; in fact, there are frequently sharp differences Between hypothetical performance results and the actual results Subsequently achieved by any particular trading program. One of the Limitations of hypothetical performance results is that they are Generally prepared with the benefit of hindsight. In addition, Hypothetical trading does not involve financial risk, and no Hypothetical trading record can completely account for the impact Of financial risk of actual trading. For example, the ability to Withstand loses or to adhere to a particular trading program in Spite of trading loses are material points which can also adversely Affect actual trading results. There are numerous other factors Related to the markets in general or to the implementation of any Specific trading program which cannot be fully accounted for in the Preparation of hypothetical performance results and all which can Adversely affect trading results Risk disclosure:Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Disclosure: investment in securities and commodities involves substantial risks and should not be undertaken without understanding all the risks related to the sale and purchase of securities. The cycletrader, profittrader software described herein is designed to be a tool to assist investors in investment decisions. You have sole responsibility for evaluating and determining when and on what terms to engage in any transactions, and for determining the appropriateness of your choices. By investing in securities or commodities, you can lose all your money money. Past performance does not guarantee future results. Any trading system descibed on this site can in fact not make you any money and you need to understand the risk involved listed above.