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Books : Technical Analysis for Dummies

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Rating: 4 out of 5 stars - Honest Description of TA
I bought this book secure in the knowledge of what I didn't know, so the choice of a Dummies book was perfect. When I say that the book was honest, I mean that it made no extravagant claims as to what Technical Analysis (TA) could do for me as an investor. Instead, it consistently qualified any statements it made about the predictive nature of TA. If anything, the book erred on the side of caution; statements along the lines of "The trend is your friend--until it isn't." were common. Some might find this to be overly cautious; I found it reassuring. I didn't want a book on TA with the word "Rich" in the title.

I give the book four stars instead of five, because it could be a bit difficult in explaining more obscure points. Rarely, a paragraph which referred to a chart to make a point would be difficult to follow. This might have been avoided with better annotated illustrations. All in all, the book does a good job of defining the key concepts in each chapter. It is profusely illustrated, and doesn't run the risk of information overload.

Lastly, this is a book for beginners. It does give a good idea of the scope of all that is included in TA, but it isn't an exhaustive look at any specific topic. I often found myself wanting to read more on certain subjects. While this is perfect for an introductory book, those who already have a passing acquaintance with the subject matter might best look elsewhere, say Alexander Elder's Trading for a Living: Psychology, Trading Tactics, Money Management.



Rating: 4 out of 5 stars - Overall, a good introductory book on TA
I'm new to individual stock investing, and wanted a good introductory book on TA. I've found the "Dummies" series of books quite good. This book is no exception.

Before reading this book, I wouldn't know trending, momentum, or volume indicators if they bit me. After reading the book, they're my good friends.

When initially "putting my toe in the water", TA seemed quite daunting. After carefully reading the book while pouring over TA charts on various financial websites, I'm now fairly comfortable with the fundamentals of TA and ready to dive in.

This book gave me the basics and the confidence I need to start. Experience and additional learning will just make me better...

Let's hear it for the 3-way crossover!



Rating: 2 out of 5 stars - Typical dummies book
There was a modest amount of good info embedded in a lot of fluff and useless verbiage which is typical of these dummy books. I found myself having to carefully review and sometimes reread sections to parse out the important bits. I think what I really needed was just a book of pictures of chart patterns with short explanations for each one. Anyway I got enough out of this to get me started but it was more work on my part than it needed to be.



Rating: 2 out of 5 stars - There's gotta be better than this
The author attempts a very difficult subject and falls flat on her face.
Very unclear. Sentences an English professor couldn't diagram. Most any other book on Technical Analysis would be better



Rating: 5 out of 5 stars - Great and easy to read
My investment friend was surprise when I told him that this book help me a lot. I keep this book by me at all times if I need to go back and review something. You should have this in your library.


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