📊 Elevate Your Trading Game: Become the Guru You Were Meant to Be!
This third edition of 'Technical Analysis for Beginners' is a must-have resource for aspiring traders. It demystifies the complexities of stock market analysis, providing clear, actionable insights that empower readers to make informed decisions rather than relying on Wall Street's opinions.
A**I
Awesome book, Great buy!
Great quick reference guide! Covers all the most popular TA patterns & indicators in short, quick and to-the-point layout. I have 2 other technical analysis books that are both thick textbooks, that are very in-depth on every TA pattern, indicator & strategy out there, but are not easily referenced on the spot of a potential trade. Whereas this book is like a cliff notes guide to TA. If you already have some understanding of technical analysis, you'll absolutely love this book. You can very quickly reference what u need in just a few seconds. I'll be keeping this right at my trading station for just that purpose! (Until they're all firmly cemented in my mind, anyway!)For those who don't already have some basic understanding of TA, I would still recommend this quick reference guide. But I'd also advise you to combine it with the knowledge of a more in-depth book on TA, as well as a good candlestick charting book to really give you the ammunition you'll need to day trade successfully!Re: Andy's review- The symbols ARE consistent throughout the entire book. There are both orange buy-in signals and green buy-in signals on the charts. For which logic would dictate that the orange signals are a more cautious, riskier buy-- but could be pulled off under the right conditions and with some experience (and for greater profit), and the green buy-in signals mean there's less risk and greater odds of success at those buy points. And to his comment about the colors of the MACD lines not being labeled--> If it's red: it's bearish! That's industry standard for any chart or technical indicator in existence. Don't let him throw you off... This book is awesome! I love the quick & easy format of it.Oh and I don't see any typos in the hard copy, so that must just pertain to the Kindle version.
A**Y
The charts need better labeling...
As others have commented, there are typos. However, those didn't bother me as much as the inconsistencies on the charts. Throughout the book, he uses little symbols on various charts to indicate notable features, but he doesn't use the same symbols consistently throughout all the charts. So, for example, a buy signal on page 35 is an orange circle, while on page 87 he uses a green circle. I think the material would have been better served with a uniform set of symbols used throughout the book so that each graph could be read more easily without the need for labels on each graph cluttering them up. While he did label those things so they could ultimately be understood, there were times when I wish things were labeled that did not get labeled at all. For example, on page 33 when he discusses the MACD indicator, he talks about the fast and slow MACD lines and how, depending on the way those lines cross, they create an indicator. Unfortunately for the reader, he doesn't label which is the fast and which is the slow MACD line and, to make matters worse, because he doesn't employ a consistent set of symbols for the various features in his charts, it was very unclear as to what was happening in figure 4.7. I eventually figured it out based on my "by low, sell high" intuition, but I feel it should have been labeled.The addition of a glossary and index would really make this book an indispensable resource. Thankfully it's not a very long book, but it is a little annoying having to flip through the book to find a special pattern when an index would easily solve that problem.Overall, the information in the book was good and interesting. I plan on buying his volume 2. I think he wrote the book at the appropriate level and any beginner would feel comfortable reading this and getting the ideas he puts forth.
S**5
Great book
Very easy to read and understand
B**N
Loads of great information!!
I have been trying to invest in the stock market by picking random stocks, without much luck, I might add!!! I bought this series to try and change my luck.There is lot of information contained in this book!!! I plan on this being my bible for the next several weeks. I want to learn as much as I can about technical analysis and charting before investing more money and losing it sure to lack of knowledge!!!!I totally recommend this to anyone looking to increase their knowledge on technical analysis!!!
P**N
Not helpful
Meh. I found this book to be relatively useless. I was able to find more, and better, information in a half hour on google.
K**G
A great resource on the subject
You know that feeling when you finish reading a book and feel like you've actually learned something? Author presented the topics in a logical and simple way for even novices to follow along. I will reread a couple of chapters periodically to sharpen my TA skills.
A**D
Good overall, but references charts with colors, but the paperback is in black and white!
This book is very good in covering that basics with good explanations. I only give it 4 starts because, in understanding the explanations that go along with the charts, the text refers to colors of the lines in the charts, yet the paperback edition that I received is all black and white. Maybe there was some version of the book (hardcover?) that was in color. End result is trying to figure out what the author is trying to explain in some charts takes much longer than it should, because you have to figure out which line in the chart is green or red or blue. Hello! The paperback is black and white! And did the author consider that 1 in 12 men (1 in 200 women) are color blind?
J**S
Great Info!
Be sure to read the book until the very end. There is so much useful information here. I have gathered bits and pieces for years and many of them are In This Book!
J**K
Best Money Can Buy
I have been trading on Forex with success over a year now and earlier on Crypto for another year.Author has a deep understanding of trading and its technicalities and most importantly knows how to present it.It is not a book for people with "attention deficiency" or "space-outs" as author is "on the ball", "eyes on" all the time.There are lot of books there where authors talk a lot, repeat themselves all the time and simply produce lot of pages with no information - like politicians who for many hours talk that they have nothing to say - this is not one of these books.Lot of information in the book applies to stocks trading - however it is also suitable for Forex with some usefulness for Crypto trading.As all his books are similar in nature and I own them all - I am going to copy this review to all comments.In essence - best money can buy.
A**R
It is extremely basic. Read this if you want ...
It is extremely basic. Read this if you want a theoretical understanding of terminoly.
R**N
Useful for stock market beginners
I avoided several stupid investments and limited my losses by knowing those fundamentals technical analysis skills.. The book won't make you rich but it really helps when you're beginning. It's clear, readable and straight to the point!
M**H
Excellent book
Very well written and packed with excellent info would recommend this book to anyone thinking about trading stocks. author does a great job of explaining technical analisys.
G**I
Four Stars
Very nice intro to TA
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