stocks

When I started reading the book I really liked it because there are many chart patterns and not many boring texts. Especially like the chapter that gives you various charts asking you whether you should buy or sell or hold, you can then check answers at the end of the book. As I read it through, though, I became very disappointed that there is NOT A SINGLE REAL LIFE STOCK CHART! All the charts are made up by the author on graphing paper with extremely typical patterns for the purpose of teaching. How can the reader learn to recognize the patterns in the real stock market, where the price changes are seldom so regular or typical??!! If someone has never seen a real life stock chart he will be lost in the real world of stock investing. Even one real chart will tell a lot more to the reader than an fabricated chart. Is that because the author didn't want to take the time and work to find the real charts to illustrate the patterns? It's easy to draw the graphs and make them look like a head and shoulder, triangle, etc.

If you have never read a technical analysis book then I highly recommend this above everything else. For startes it's barely over 200 pages short, with more than half those pages dedicated to charts. Simply put you only read about 100 pages.

The beauty is those 100 pages are powerful and geared perfectly for the beginner. After reading this book I was bitting at the bit to apply my new knowledge, and no longer regard picking stocks as a crap-shoot.

You CAN educate yourself to financial freedom, and this book will help you do that.

This is a practical book about Technical Analysis written by an investor with over 30 years of experience who has "been there and done it". The book has a section with exercises. If I had a complaint, it would be that the patterns shown in the example charts are too clear; things are not that crystal clear in real life. Anyone who reads this book should also read "Trading The Plan" by Robert Deel. Both are very practical.