Technical Analysis Explained, Fifth Edition: The Successful Investor’s Guide to Spotting Investment Trends and Turning Points
£30.10£36.10 (-17%)
The face of investing has significantly changed in the 30 years since this book’s first publication, but one essential component of the markets has not–human behavior. Whether you’re trading cornerstone commodities or innovative investment products, observing how investors responded to past events through technical analysis is your key to forecasting when to buy and sell in the future. This fully updated fifth edition shows you how to maximize your profits in today’s complex markets by tailoring your application of this powerful tool.
Tens of thousands of individual and professional investors have used the guidance in this book to grow their wealth by understanding, interpreting, and forecasting significant moves in both individual stocks and entire markets. This new edition streamlines its time-honored, profit-driven approach, while updating every chapter with new examples, tables, charts, and comments that reflect the real-world situations you encounter in everyday trading. Required reading among many professionals, this authoritative resource now features:
- Brand-new chapters that analyze and explain secular trends with unique technical indicators that measure investor confidence, as well as an introduction to Pring’s new Special K indicator
- Expanded coverage on the profit-making opportunities ETFs create in international markets, sectors, and commodities
- Practical advice for avoiding false, contratrend signals that may arise in short-term time spans
- Additional material on price patterns, candlestick charts, relative strength, momentum, sentiment indicators, and global stock markets
Properly reading and balancing the variety of indicators used in technical analysis is an art, and no other book better illustrates the repeatable steps you need to take to master it.
When used with patience and discipline, Technical Analysis Explained, Fifth Edition, will make you a better decision maker and increase your chances of greater profits.
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Additional information
| Publisher | 5th edition (16 May 2014), Asia, McGraw Hill |
|---|---|
| Language | English |
| ISBN-10 | 9814599859 |
| ISBN-13 | 978-9814599856 |
| Dimensions | 15.2 x 2.5 x 23 cm |
by Christopher Bleakney
Brilliant book
For anyone interested in learning technical analysis this is a really helpful book. Makes learning technical analysis much easier.
by finmath
The book is a good introduction to the fundamentals of technical analysis. The style is clear and it provides enough practical examples. Obviously it presents only the first steps and prospective traders need to deepen the subjects on further readings. But overall the book gives very good and clear explanations of the basics of technical indicators, candlestick patterns and does a good job also explaining their limitations.
by Motan
Iam learning to trade and bought this book as it is on the STA’s reading list it is a easy to understand and well explained matter.
by Aine
A good starter book. Good detail. Easy to read. Long but you can speed read as its all straight forward
by Georgios Polioudakis
everything great
by Credit Man
If you buy individual stocks, you need to know some Technical Analysis: mainly to time when you buy and sell. This is in addition to a knowledge of Fundamental Analysis (interpretation of accounts etc).
TA can seem like astrology; and it can be very confusing. You do not need to use 101 indicators and understand everything about candle sticks; that merely confuses.
Rather you need to understand, and apply, some basic skills, with lots of practice. It takes time and effort. This book is comprehensive, covering almost every aspect. You do not need to read it as a whole: treat it as a reference manual.
As such this book is well written, explaining difficult concepts clearly. It does not pull it all together by use of comprehensive examples; it is a manual.
Before reading this, I suggest you read superficial papers to get a feel of the subject. Then read books such as The Honest Guide to Stock Trading by Llewelyn James, and Trading the Trends by Fred McAllen (both reasonably priced on Amazon): both very well written, and they explain how to apply TA. If then you believe you can use TA, this book by Martin Pring will be a useful work of reference.
by Amazon Customer
I would say reading it , worth it