Technical Analysis Part one: Stop Blindly Following Stock Picks of Wall Street’s Gurus and Learn Technical Analysis

· Tripod Solutions inc.
4.7
22 reviews
Ebook
125
Pages
Eligible

About this ebook

It’s strange to observe that in an age where information is so abundant and easy to access, a very small number of investors understand how to use stock charts. Many believe that the up-and-down level of a share is strongly connected to a company’s profitability. Either because of doubt or a lack of understanding, most traders and investors trust their friends, colleagues or pseudo-specialist gurus to help them make good trading and investment choices.

This book has been written to help the new traders who trust blindly in those close to them, their colleagues or financial gurus, and want to understand chart patterns before investing in stocks.

“Awesome book, Great buy! Great quick reference guide! Covers all the most popular TA patterns & indicators in short, quick and to-the-point layout.” –Nancy Arsi

Stock Market Investing for Beginners

Technical Analysis for Beginners Part One is easy to understand, and it addresses the people who want to use tools that allow detection of buy-and-sell signals. This book includes more than 100 examples, figures and tables that will help understand investments visually. Several stock market charts show entry points, exit points and even false signals.

Learning How to Be an Intelligent Investor

The best way to foresee the future is to analyze the past. This book is a guide to avoiding many traps in the financial markets. I will show you how to use the stock market charts and how to enrich them with indicators, which will allow you to enter and exit the market at the right time.


“Loads of great information!! There is lot of information contained in this book!!! I plan on this being my bible for the next several weeks.” -BC Hanson


Know How to Spot the Market’s Trend

Numerous examples show you how to highlight the trend, the support, the resistance and the trend channel, as well as the positive and negative divergences and the candlestick patterns.


Identify Breakout and Breakdown on the Financial Markets

The term “breakout” is associated with multiple upward figures and marks the debut of a new rising trend. Learn to detect and use breakout to make good selections of stocks.

Identify Bullish and Bearish Patterns

Some patterns allow anticipating a configuration or a trend reversal. The examples are improved with comments and symbols that facilitate comprehension.

“Beginners will benefit the most of this book.” -J. Olea

Know How to Use the Different Types of Indicators

There are a great number of technical indicators. New ones are created each year. However, you should limit their use and make a choice among the four families of indicators that follow:

Trend indicatorsMomentum indicatorsVolatility indicatorsVolume indicatorsTrading in the Zone and Avoid Traps

Technical analysis cannot guarantee 100 percent success. The traps can be detected on a graph, but they can also come from the ones that make purchase recommendations to you, such as people that provide pump-and-dump scenarios or stock promoters from the web. Graphic analysis of the shares is essential before any investment.

Trading Psychology

It’s difficult to leave your emotions aside when your portfolio has lost 10 percent in just one day. Don’t put yourself in vulnerable situations. Keep your emotions balanced by investing at the appropriate moment.

Ratings and reviews

4.7
22 reviews
Alexander Tham
June 13, 2021
Beneficial for beginners.
3 people found this review helpful
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Martin Steenkamp
February 6, 2024
Good for beginners
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Mesuli Baliso
November 6, 2022
good book
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About the author

Charles G. Koonitz is an author and creative thinker. He is also an illustrator, investor and blogger. He particularly likes produce books that help people solve technical problems. The visual aspect is very important. To improve the understanding of its readers, Charles takes care to create many illustrations, charts or tables for his books. He's also an avid cartoonist.

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