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re: Technical Analysis Book Recommendations

Posted on 6/19/14 at 9:17 am to
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 6/19/14 at 9:17 am to
1. Trader Vic by Victor Sperandeo
2. Trading for a Living by Alexander Elder
3. How to Make Money in Stocks by William O'Neil

These are some of my favorites.

A few tips if just starting out. Longer term charts tell you much more about trends than shorter term charts. You can see what you want to see if you look at a short term (60 minute or less) chart long enough. Monthly, weekly, and daily charts are where a beginner needs to be.

One other thing, technical analysis, just like fundamental analysis is just another tool for a trader/investor. The most important thing is risk management (ie being prudent with position size, knowing when to take your loss, and knowing when to double down).
Posted by tigerbean25
Dallas
Member since Jan 2014
18 posts
Posted on 6/19/14 at 1:04 pm to
Thanks, I'll check em out.
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