Robust analysis shows a more complete picture of market behavior"Getting Started in Stock Analysis" is an exciting visual guide to both technical and fundamental analysis for the private investor. Rather than addressing the benefits of fundamental "or" technical analysis, author and trader Michael C. Thomsett draws upon three decades' experience in the stock market to demonstrate why traders need to employ "both." Readers will learn how both methods are different aspects of the same cause and effect within the market, and how exploiting one method at the expense of the other results in an incomplete picture of the true market behavior. Coverage includes a full explanation of the range of indicators necessary to create a working system of analysis that anyone can perform on their own, helping long- and short-term investors alike improve selection and confirm investment decisions. Charts of actual listed companies demonstrate how these techniques are applied in a real trading environment.Investors and traders are constantly seeking the "magic bullet" for identifying profitable trades and timing both entry and exit. Since the 1940s, the average holding period has fallen from eight years to eight weeks - making fundamental and technical analysis more challenging. This book describes how combining these approaches can compensate for the modern market environment to produce a more accurate - and profitable - analysis.Choose better stocks and other securitiesImprove entry and exit while managing riskDevelop more robust analysis skillsBlend fundamental and technical analysis techniquesThe reduced cost of trading, ease of access via the Internet, and changes in the overall culture of the stock market have increased the pace and volume of trading more than ever before. In this environment, sharp analysis becomes ever more critical. "Getting Started in Stock Analysis" is the visual guide to more confident investing.
Michael C. Thomsett is an expert in technical analysis and stock markets. He has published dozens of books on the topic as well as peer-reviewed papers, magazine articles, and blog entries. He has been writing professionally since 1978 and his best-selling, Getting Started in Options (John Wiley & Sons) is currently in its 10th edition (published by DeGruyter with a new title, “Options”) and has sold over 350,000 copies. The author lives near Nashville, Tennessee and he writes full time.
Great for beginners . Be very focused as you read this as it has so much knowledge to provide, clearly explains a lot of concepts. It has comics to convey the concepts even better. Definitely give it a try!