My goal is to become a long-term investor, not a short-term trader, but I still think it's best to understand both sides of the market. This is a good resource for learning about some of the most common stock chart patterns, but it doesn't go much deeper than that. It's a useful little guide, but a starter resource at best. If I could give it three and a half stars, I would, but four stars would be a bit generous.
Organized presentation of basic concepts
I would five a "5" if this book would have more details on more advanced subjects. But in general, a good book for most people to start with. Some reviews give this book a "1" or "2", I would say those people bought the wrong book in the first place, not the book itself.
Just like everything else, you can't emphasize enough about the understanding of basic fundamental concept. You don't need to read too many books, read this book, digest the ideas, and apply what you learn. You won't regret.
I found this book to be a good, down to earth, book for all of us that are not math guru's and just want to learn basic chart reading and the cycles that go along with the various patterns in charts. I wish I had of read this book before
I lost five hundred dollars in the stock market last quarter.
Everything investors need to know to understand, utilize, and profit from the basic tools of technicalanalysisTechnical analysis (TA) doesn't have to be difficult or intimidating. In fact, many TA tools are remarkably simple to use and have helped millions of individual investors dramatically improve their results.The Investor's Guide to Technical Analysis provides investors with practical strategies, cut-to-the-chase explanations, and detailed introductions to the basic tools and concepts of technical analysis.More than just an overview of technical analysis, this results-based book shows investors how to apply the most efficient and reliable TA tools to their investment programs and greatly increase both their confidence and their results. Straightforward examples and descriptions show investors of every type how to: * Understand market cycles and their value in choosing optimal buy and sell points * Identify and make use of basic indicators as well as sentiment indicators * Use trend lines to accurately track market movement