Mastering Technical Analysis: Strategies and Tactics for Trading the Financial Markets

I learn a lot from this book

Clear and understandable explanation especially for beginners in financial trading or investments. For beginners, this book is a must to read.

Great book to get acclimated with technical analysis.

good coverage of the topic

Nicely explained

I think this is a great summary for beginners. Even though it's just basic known concepts, it is all in one place for beginners to start with.

I expect chart images that are large enough to view the specifics. For instance, if a chart shows MACD, I should be able to read something like MACD (12,26,9). The charts in this book are far too blurry to see any specific suggestions for how I might set up my technical charts. Further, there are NO annotations suggesting how to interpret the chart, when to consider buying or selling, when a stock is overbought or oversold.

This is a really good book for several reasons. It's one of the few that take you all the way from starting with no idea what technical analysis is (or even trading for that matter), all the way up to locked, cocked, loaded and ready to trade. I think after you trade for a while you forget just how daunting those first few steps can be for many people. I've always been more of a technical trader (as opposed to trading fundamentals), it's a way of thinking I was first exposed to as a teenager, and using this perspective I was able to trade futures with a fair degree of success. Since then I've also traded stocks and Forex this way, and I've found that many of these techniques hold-up in, well, any market really. This book covers a lot of ground, from understanding markets and their trends, older techniques such as moving averages, candlesticks, trend patterns, etc... and also using more advanced analysis techniques available with most modern trading software. It's a lot, but it's written in a highly accessible, no-nonsense language that reflects the considerable amount of experience of the author. I found it to be a nice refresher. I don't think this book is really aimed at seasoned traders; it's quite broad, I think seasoned traders wouldn't get a whole lot from it, although I could be wrong about that, I guess I'm just speaking for myself. I will say that if you are just getting started however this book is pure gold, it basically hands you everything to enter the market and not lose your butt! Highly recommended.

I am about 66% way through this book, and it is really perfect for anyone who is new to trading and wants to understand how you can trade the markets with confidence. It gives clear and easy to understand detail on how to spot patterns and trends in any graph, followed by details on how to use various indicators to verify and even anticipate these trends. It also covers various risk mitigation strategies and explains most of the jargon that you need to know. Everything is well explained, but it never goes deep into unnecessary detail, which means that you DON'T need to wade through reams of dry material to find the bits that are most relevant to you, as it is pretty much all relevant! Many thanks to the Author for creating such a concise and straight forward guide in what can seem like a very complex subject, especially to those of us who don't have any previous experience in trading.

I found this book is for all levels to gain knowledge about trading. I have to complete the book to know all because each chapter keeps me "next chapter explain more".

Good

The book gives you a comprehensive explanation of the major aspects of technical analysis. After reading it you have a thorough view of what you really need to become a trader. It’s obvious that you need to study in detail what you want to implement in your strategies. That said, I think that it is a good book to start your career as a trader.

great