The Adam Theory of Markets or What Matters Is Profit' is a book on market symmet

ry, authored by J.Welles Wilder Jr. and published by Cavida Ltd in 1987.
J.Welles Wilder Jr. is a mechanical engineer from America. He formulated Average
True Range (ATR), The Relative Strength Index (RSI), Directional Index, Average
Directional Index (ADX) and The Parabolic SAR. These are considered as some of
the very important indicators and thus they are included in most of the trading
software.
By reading this book 'The Adam Theory of Markets' you will have access to a Mill
ion Dollars worth of stock trading market secret, because that is what Mr.Wilder
paid to Mr.Jim Sloman, who was the discoverer of this great secret, on December
7, 1985 in Southern California.
I thank Jim Sloman for giving mind and attention to it, so that it could be disc
overed. And I thank Welles Wilder for making it available for all to know and le
arn about Adam's Theory, for just less than $65, though he paid a million dollar
s to get it.
Wilder says,"...I want to make this discovery available to others. It's a contri
bution that I feel is a privilege to be able to make." He adds, "I'm glad too th
at Jim Sloman will get credit for discovering Adam while he is still around to e
njoy it."
Welles Wilder admits that he had learned two important lessons from The Adam The
ory of Markets. They are:
Lesson 1
"There is really a lot less to trading than most people think."
Lesson 2
"...what not to pay attention to."
This book The Adam Theory of Markets gives the answer for the question - What is
the basic principle behind succeeding in markets? It is about the secret of what
it takes to succeed in markets.
Greater a secret, the simpler it is. That is why it is missed, because it is sim
ple.
When we overcome a challenge the ego is satisfied. When the ego rules the mind,
it tends to look for the difficult and challenging issues. It neglects the issue
s which it considers as simple.
Mind has evolved to face and tackle challenges. That is why many times it cannot
understand simple things. It will look for bigger and tougher issues.
In reality all the great achievers are those who have given full attention to si
mpler and smaller issues.

What does "The Adam Theory of Markets" contain?

The book The Adam Theory of Markets has the following chapters:
Chapter 1
Adam is...
Chapter 2
A fairy tale
Chapter 3
To succeed in market we must___
Chapter 4
There is really a lot less to trading than meets the eye
Chapter 5
What matters in markets? - Price
Chapter 6
Is versus Should
Chapter 7
Avoid arbitrariness
Chapter 8
Trading Systems
Chapter 9
What matters in markets? - Trend
Chapter 10
What is a trend?
Chapter 11
What is the most basic form of repetition?
Chapter 12
What does exact repetition leads to?
Chapter 13
What leads to the greatest symmetry?
Chapter 14
Projecting the second reflection
Chapter 15
Constructing the second reflection chart the easy way
Chapter 16
What does the prediction contain?
Chapter 17
Which markets to trade?
Chapter 18
Review of market selection
Chapter 19
How about tops and bottoms?
Chapter 20
The most important statement about markets
Chapter 21
Let your profits run
Chapter 22
What if we get stopped out?
Chapter 23
Discipline
Chapter 24
Review of Adam Theory
Chapter 25
When do we enter a trade?
Chapter 26
Market example - Cotton
Chapter 27
Recap of first example
Chapter 28
The ten trading rules
Chapter 29
The ten rules expanded
Chapter 30
Market example - Eastman Kodak
Chapter 31
Market example - Coffee
Chapter 32
Visualization
Chapter 33
The playful commodity trader
Appendix
What is Adam?
Adam is . . . about making profits trading any freely traded markets, anywhere i
n the world. Adam presents a special way to look at markets and an even more spe
cial way to trade markets.
But Adam is more than that. Adam is the market's own, non-arbitrary, projection
of the most probable course it will move in the future continously updated with
every time frame.
Using The Adam Theory of Markets, the trader is able to project and actually see
that course. Then if he is interested he can take that trade. Adam is applicabl
e to any time frame... a daily chart, a weekly chart, an hourly chart or even a
five minute chart.
Adam is a visual thing. No mathematics are ever involved.
Adam Theory shows why many of the concepts that traders hold dear are doomed to
failure. When you have read Adam Theory, you will never see markets in the same
way again.
Adam is a bottom line kind of thing. It's about what works only. It may seem tha
t it's not fancy enough or complicated enough, but that is a function of what it
 is about. It happens to be exceedingly simple, not nearly complicated enough to
be impressive.
But, if we think about it, we're really only interested in one thing: What works
?
What matters in market is profit. Everything else is perhaps interesting, but no
t important.

I suggest you read this book The Adam Theory of Markets.