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Getting Started in Technical Analysis: 19
£15.70£17.10 (-8%)
Revered by many, reviled by some, technical analysis is the art and science of deciphering price activity to better understand market behavior and identify trading opportunities. In this accessible guide, Jack Schwager-perhaps the most recognized and respected name in the field-demystifies technical analysis for beginning investors, clearly explaining such basics as trends, trading ranges, chart patterns, stops, entry, and exit and pyramiding approaches. The book’s numerous examples and clear, simple explanations provide a solid framework for using technical analysis to make better, more informed investment decisions and as the basis for mechanical trading systems. Along with Schwager’s invaluable trading rules and market observations culled from years of real-world trading experience, Getting Started in Technical Analysis offers in-depth coverage of:
* Types of charts-bar, close-only, point-and-figure, candlestick.
* Chart patterns-one-day, continuation, top and bottom formations, the importance of failed signals.
* Trading systems-trend-following, counter-trend, pattern recognition.
* Charting and analysis software-price data issues, time frame/trading style considerations, software research.
* he planned trading approach-trading philosophy, choosing markets, risk control strategies, establishing a trading routine.
* Types of charts-bar, close-only, point-and-figure, candlestick.
* Chart patterns-one-day, continuation, top and bottom formations, the importance of failed signals.
* Trading systems-trend-following, counter-trend, pattern recognition.
* Charting and analysis software-price data issues, time frame/trading style considerations, software research.
* he planned trading approach-trading philosophy, choosing markets, risk control strategies, establishing a trading routine.
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Additional information
| Publisher | 1st edition (16 Feb. 1999), Wiley |
|---|---|
| Language | English |
| Paperback | 352 pages |
| ISBN-10 | 0471295426 |
| ISBN-13 | 978-0471295426 |
| Dimensions | 15.24 x 3.05 x 23.11 cm |
by Joachim O.
I think this book is a great introduction for everyone who is interested to get into trading and who wants to utilize technical analysis as another tool in order to increase the probabilities of entering profitable positions. The author points out the strengths and weaknesses for each indicator and the approaches one might take. Unlike other books, this one also points out the potential pitfalls for some of the indicators and what can go wrong.
As book title indicates, this book is a beginner’s guide and therefore only covers the very basic concepts which one might have heard from other sources before. That said, I believe that the basic concepts combined with the right mindset should be enough. Trading is hard work and requires a lot more market analysis but as I said in the beginning, chart analysis is just one other tool amongst many to consider and this book does a good job to cover this particular one.
by D. White
Great book to get started in technical analysis. Worth the read
by Thomas
Couldn’t read Kindle edition – as pointed out in other reviews the charts are nowhere near the referring text.
Apologies for the rating being down to editing rather than content.
by Sj
Found this easy to read and informative with important basic insights into trading technique and mentality. I would recommend this to people just starting out, preceding other books that get into more detail.
by Thomas
Good for beginners
by Amazon Customer
Not much
Ok ok
by Michael G.
Very well explained. Would have liked some practical exercises but don’t know how that could be arranged.
by Massimo
There’s plenty of useful information in this book, and I thoroughly enjoyed it’s little insights. This being said, the Kindle edition is extremely poorly formatted. Many charts are missing (with the caption spliced randomly into blocks of text), whilst others are many pages away from where they should be. The book itself is quite old judging from the references to “now” being 1998, but still useful – but the editing really lets it down. Seems rushed and half-assed. Don’t waste your money.