Charting For Dummies

by Barbara Rockefeller, Ken Henderson, Larry Lovrencic

386 pages, Library Binding

First published January 1, 2007

Reviews

[Eric Zhu · Rating 3 out of 5]

This book is better than other introduction books of technical analsis of trading. But again, this is only a introduction book of technical analysis, so in the book, a lot of chapters are only talk about basic concepts and definition of indicators and technical trading systems. A lot of concepts are arguarble thought if you have some years experiences of trading. But for a newbie, this is a good book, much better than other introduction books. The main reason I recommended this one to who are new in trading because the boook talk about the phychology reasons back behind indicators and patterns, which is very useful if you can understand it while you are trading. Also, the most importantly, the authors admited that technical analysis most of time are wrong. This is Precious because most of the "best-seller" only tell you the condition when a indicator or system is right, using some fancy words and fancy examples. But the true is most of the time the indicators are wrong. How much can you earn from trading is not based on how many books you can read, but based on yearly and after yearly trading experiences and learning from not hundreds but thousands of mistakes.