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Books : Technical Analysis for the Rest of Us

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Rating: 4 out of 5 stars - A fairly good intro to Technical Analysis
I think too many people are taking this book a little too seriously. For a $20, 200+ page book it is definitely not a definitive study of Technical Analysis but it is a good introduction on the basics for the beginner. Technical Analysis for Dummies is also a good intro, but this one gets right to the point and it can finished in one afternoon. For advanced study you can get Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance) by J. Murphy for $85.00 ($50+ on amazon), and Technical Analysis of Stock Trends by Edwards and Magee for $100. Both of which I recommend, after reading this one, so you are not reading those "blind". Should you read this book and keep it as a reference while you trade? No, read it and pass it on to a friend who also wants a basic intro to Technical Analysis. The only bad thing I could say about it is the shoddy, hand drawn charts, and it could have used a little more substance. I would have given it 3 and a half stars, if half stars were an option.
Well, I have some trades to make, thanks for reading.



Rating: 1 out of 5 stars - Waste of paper.
I had high hopes for this book even though its title steals the tag-line of a much better book, Technical Analysis for Dummies. Alas the concepts presented here are half-baked and incomplete. Many common TA concepts are barely mentioned. How to effectively use them is left out altogether. What really struck me is the wasted page space - literally squandering the paper. One example is the extensive reliance on oversimplified and over-inflated charts of the crudest, hand-sketched quality. There are also many pages containing only single sentences. These almost blank sheets are ostensibly given over for answers to self-test questions, where normally such answers would be collected in an appendix at the end of the book. Here the countless single-sentence answer-pages are meant solely to beef up the book's weight and thickness. The high frequency of self-tests makes them redundant repetitions of base spoon-feeding. I truly felt stupider and less prepared to trade after reading this book.



Rating: 1 out of 5 stars - Don't bother.
This book is without merit as a source on technical analysis of securities. It is almost impossible to read on the Kindle owing to the many charts and diagram that are separated from the related text.



Rating: 3 out of 5 stars - DON'T USE REAL MONEY TO TRADE WITH THIS BOOK
Very easy to understand, but it lacks depth to use as a real text book for trading. Martin Pring is a much better educator in this field.



Rating: 5 out of 5 stars - great intro for tech novice like me
I have always favoured fundamentals until my buddy convinced me to try out technical analysis. Pistolese has written a good book and i feel it is great for a novice like me. Short questions and answers at end of each chapter serve to reinforce self-study. After this, i am itching to try out on the Malaysian equity market.


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