A very good book if you read it carefully . Try to understand every charts, methods , candlesticks . But there's no 100% success in trading , cause it's depend on our psychology .
This is a must for us stock brokers to get hold of. Probably one of the most precise books about Technical Analysis-Stock Trading. If you are heavily into stock trading and would like to understand and dig deeper into the different price movements and fluctuations, this is the right book for you. The book is “purely technical� though. If you don’t have a background on stock trading and a bit too busy to read, Citiseconline also offers INTENSIVE and SIMPLE technical analysis seminars handled by Juan Barredo that would make it easier for you to understand.
Everything in the book works for trading. Except when it doesn't. Pretty much the same for every technical analysis book out there. They pick those charts that work with their system and leave the millions of different circumstances out there that DON'T fit the book OUT of the book. Read with a large grain of salt!
This book was impression to me since many years ago during my novice period as a stock trader. It's provide depth enough explanation of the real technical analysis. The practical of many examples inside the book are useful in the real world trading.
However, the new technical analysis tool already introduce for the modern derivative product. So, let's use this book as an excellent starter kit before you jump to the top.
I'm torn. On one side this book has many good tidbits and interesting takes, especially on trading psychology, but on the other it is just overall very poorly organized and longwinded. Elements that clearly fit in one chapter appear in other places out of context and the exact same insights are repeated across most chapters with little added value to the reader.
It has a lot of potential but it felt like the book could be done in 200 pages if a little more structure was applied.
Very extensive study on Technical anaylisis. It should be used as a guide (as a means of consultation), more than just reading it once. Actually there is much content which I do not even use in my method of investing. However, I found very interesting details and explanations. Some chapters I might reread in the future.
After much research, this is the first technical analysis books I read on stock analysis. It covers almost everything you need to know about the market from the big picture to specific technical points such as drawing trendlines, support/resistance, indicators and candlestick patterns. These are all useful tools that you can use to set up a trading strategy to make a trade. I have definitely learned a lot of knowledge from it, including the technical proof behind common indictors like EMA.
One caveat I have about this book is that the examples stopped at the 2012 market which may not reflect how market is right now. Some indicators that are shared may not be useful anymore. That being said, it is a good reference point to learn the basics. I believe the most important lessons lies in the epilogue where it gives a overarching picture of the mindset a person need to be a trader in the stock market.
It's a fantastic all round book for Technical Analysis. He covers all topics. Uses charts to explain price action. Not a boring read unlike most books on TA. For amateurs interested in Learning TA, read this book first to have an overall idea about this subject. For those who think TA is quackery avoid it.
I have about a 20% understanding of the topic. Above my ability to understand and determine useful information. I think a better understanding of technicals and trends as well as bonds and interest rate knowledge, will benefit me if I decide to read again in the future.
This is the best book on technical analysis by far. I liked how it was written using the simplest of language. The concepts and theories were succinctly explained.
Treat this as a glossary of tools. Good for experienced traders learning to read graphs and formulating their own strategies. For a more spoon fed approach, read How To Make Money In Stocks.
One of the first books i read on technical analysis. I do not think the principles in this book can be used for short-term trading anymore, but its a good introduction to understanding some basic price action setups. It's too long, you don't need to read the whole thing.