Getting Started in Technical Analysis
M**E
Loved it!
That's what I wanted! it's very easy to understand and it's still valid even though book is old we might say. I think it's not for newbies tho. I've had some experience in fundamental trading before reading this so I had a clue what I was reading this time. For the people with zero experience, it might be difficult to understand the chart and see the clear pictures behind the examples.For me, The book is perfect. I was not seeking for a straight line, I was looking for the opportunities. I love how the writer says that mostly analysis is arbitrary and depends on individuals, he also included his opinions, saying it's not common to think so, but he does. That's the most important thing to me and what I was interested in. Thank you very much!
O**D
Valuable lessons and guidelines
This was a great read for me personally. I had many concerns regarding viability of technical analysis techniques and expected a very subjective approach dismissing critical views on the subject. I was then very happy that the author chose to begin the book by quoting Burton Malkiel, a well-known advocate of randomness of the market prices. How well Schwager expressed his opinion on random walk theory also impressed me. He emphasized that he may be subjective in supporting technical analysis and acknowledged the reasoning of random walk supporters. Nevertheless he seemed impartial and reasonable to me throughout the book. I am still not comfortable with some specific tools and techniques but this book definitely helped me gain better perspective and I recommend it to anyone interested or even critical of technical analysis.
A**R
Not a bad place to start...
I guess it it not easy to write authoratitatively about a subject that seems a lot like palmistry. There are few verifiable truths in the world of technica analysis. On the other hand, many people use it successfully as an important tool in their amoury. The author does not try to talk up (or talk down) the value of TA, but gives a reasonably good outline of the subject without going into great depth. Lots of good examples, including of plenty of examples where TA failed. This book will not prove to you the value or otherwise of TA, but it will at least give you an understanding of what the chartists believe and how they use it. Then you can make up your own mind. In my view the book is a success.
S**S
New Traders Start Here for Technical Analysis
This book in the "Getting Started in" series was written by one of my favorite trading authors Jack Schwager. While I did not like the "Getting started in options" book in this series (written by another author) I thought Schwager went above and beyond not just clearly explaining technical analysis to the new trader but also how it fits into a viable trading strategy with trader psychology. It was an enjoyable read for what many consider a dry topic 'How to read a stock chart'. I believe that a chart tells you the current behavior of all of the stocks holders, where they buy, where they sell, and the the trend of whether the current holders are getting out of a stock or stubbornly holding on and making outsiders bid the stock up to get in. The appendix in the back about the characteristics of market wizards are just gems and an excellent bonus to this book. I highly recommend this book to traders wanting to learn the basics of technical analysis.
F**R
Only 62 pages in β¦ππππ
Out the gate this book is giving me value on giving the game on how to analyze charts and doing trendlines the right way itβs definitely given a broader perspective on charting
M**X
Excellence
This has definitely been my most favorite book to read, more so study, in terms of financial literacy. It really jump started me into trading and has been very beneficial to look back on over time. I highly recommend this book, although it is slightly advanced for a beginner.
C**3
Many charts from the E-book are missing
For ppl who would like to purchase this E-book, Please note that many charts from the book are missing and I have to buy a hardcopy of this book instead. :(
M**Z
Informative
Nice quick read book that covers the basics of tech analysis and has some discussion about the topic as whole. Advice at the end was mostly what I knew and believe but definitely some good advice in here.Not sure how much I will use what I learned per-se but overall a nice easy read!
Trustpilot
5 days ago
2 days ago