Books : Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance)
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- Murphy, Pro and ConIt is a text book, not a trader's manual. On the upside it provides excellent coverage of charts, trends, reversal patterns, continuation patterns and moving averages. It's chapter on Candlesticks is a small gem of information. The coverage of indicators was skimpy, but this gap can be filled with good internet sources.
On the downside, it was often unclear as to whether his writing applied to individual stocks or to stock markets only. The chapter on point and figure was incomprehensible. Money management was skimpy - again go to the Net.
Rating:
- Extremely ShallowThe Good: May be worth something for a beginner who wants to know what Technical Analysis is about.
The Bad: No in depth view of anything.
My Advice: Go to the library before buying. In one or two hours you would have read all (if anything) that is worth in this self called "Bible". No need to buy.
Rating:
- From the Stock Traders Headquarters libraryA must read. Technical Analysis is the heart and sole of my trading style, it doesn't always work but it sure works enough of the time to make very profitable trades. If you trade on T/A, this book is a must.
David Colletti
Founder
StockTradersHQ.com
Rating:
- Excellent book and deliverygood book, clear and thorough, amazon did a good job with the delivery too, it was sent earlier than the expected delivery date, and that is to Kuala Lumpur, MY
Rating:
- Not as Great as ExpectedThe good: Dow Theory, Major Reversal Patterns, Continuation
Patterns, Basic Concepts of a trend are problably the good
part of this book.
The bad: The section(s) on indicators and oscillators was
too brief for any reader to learn enough to trade.
I nearly wanted
to put this book aside when I started reading the part on
indicators and oscillators.
Quite a thick book with large wordings which I desire.
Have not finished yet. Being a thick book, there's bound to be something you find useful.
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