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Charting Secrets: Stop Reading, Start Practising
A leading Australian trader shows you how to succeed on the sharemarket with proven charting techniques Now completely revised with the latest trading information, this revised edition of bestselling author Louise Bedford's Charting Secrets is the perfect guide for beginners and experienced traders and chartists alike. Unlike other books on trading, you'll find no get-rich-quick schemes here. Bedford believes that successful trading is a matter of study and hard work, just like any other job. With this in mind, Charting Secrets serves as a workbook that will have you practising what you read and mastering charting techniques as you go. The book begins with explanations of charting patterns and methods and includes sample charts for you to practise on, as well as step-by-step solutions that allow you to compare your results to hers. Whether you're new to the trading game or an experienced trader looking to polish your charting techniques, Charting Secrets will show you how to turn potential into profit.
360 pages, Kindle Edition
First published July 11, 2013
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Displaying 1 of 1 review
September 6, 2013
Minus:
I know a book gonna be bad if the cover containing a figure posing with business suite. This people needs to be famous. And indeed she is.. She regularly say :in my mentorship program; what I do in my trading class.. Blabla..
Again, Japanese saying: "if you believe everything you read, you better not read"
And so then I read it objectively. Sometimes she did a horizontal support line when I saw an descending triangle. Sometimes it was cup and handle but she seems not familiar with cup and handle, and describe it as double bottom. She doesn't cover bullish harami.She uses EMA, I prefer use MA. She showed an example of chart with strong bullish breakout but in few days it went sideways. So I'm kinda..
Plus:
When I review my skill; I realize the small small thing that I skipped last time. I mean, I try to check if she's right and I repeatedly found things myself. It's not that bad, I would like to keep this book and open it again sometimes. It's just in my opinion, you can't go blinded with technical alone. If there's is a big down gap, there must be something behind it. I tend to check top-down from main index; sectoral and finally individual basic income statement to see if real people with logic trading in it. If not, it will just a bunch of gambler trading with a lot of emotion. So.. well.. worth to keep as guidance to know how to read charts.
I know a book gonna be bad if the cover containing a figure posing with business suite. This people needs to be famous. And indeed she is.. She regularly say :in my mentorship program; what I do in my trading class.. Blabla..
Again, Japanese saying: "if you believe everything you read, you better not read"
And so then I read it objectively. Sometimes she did a horizontal support line when I saw an descending triangle. Sometimes it was cup and handle but she seems not familiar with cup and handle, and describe it as double bottom. She doesn't cover bullish harami.She uses EMA, I prefer use MA. She showed an example of chart with strong bullish breakout but in few days it went sideways. So I'm kinda..
Plus:
When I review my skill; I realize the small small thing that I skipped last time. I mean, I try to check if she's right and I repeatedly found things myself. It's not that bad, I would like to keep this book and open it again sometimes. It's just in my opinion, you can't go blinded with technical alone. If there's is a big down gap, there must be something behind it. I tend to check top-down from main index; sectoral and finally individual basic income statement to see if real people with logic trading in it. If not, it will just a bunch of gambler trading with a lot of emotion. So.. well.. worth to keep as guidance to know how to read charts.
Displaying 1 of 1 review