jd_hunter03
13 posts
msg #27029
- Ignore jd_hunter03 |
6/23/2003 8:41:29 PM
Has anybody read any good books on technical analysis that they would like to share with the rest of us unsophisticated types? I’m looking for something at the beginner level.
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EWZuber
1,373 posts
msg #27035
- Ignore EWZuber |
6/23/2003 10:39:53 PM
Try 'How to Make money in Bull and Bear Markets' by Stan Wienstien. It's a real good place to start.
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jd_hunter03
13 posts
msg #27042
- Ignore jd_hunter03 |
6/24/2003 10:36:43 AM
Thanks EW, I'll go check that one out. JD
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murknd
62 posts
msg #27049
- Ignore murknd |
6/24/2003 10:58:31 PM
Dr. Alexander Elder "Trading for a Living" is outstanding on TA as well as market psychology - few people realize the market is more a study in mass psychology (fear and greed) than it is a study in economics or finance.
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EWZuber
1,373 posts
msg #27051
- Ignore EWZuber |
6/25/2003 3:44:15 AM
Correct title of Stan Weinsteins book,'Secrets for Profiting in Bull and Bear Markets'.
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djnsfc
1 posts
msg #27053
- Ignore djnsfc |
6/25/2003 6:58:20 AM
Hi,
I you're willing to put some hard work into reading the markets i'd suggest the following:
reminiscences of a stock operator - classic, you'll see the market differently after reading this.
Anything by wyckoff - around the same time a Livermore, forecasted the market by price-action and volume alone.
These guys didn't have fancy computers to help them trade so they used volume and price action. No RSI, MA, MACD's etc...
It all holds true today, to take a market up it must be accumulated, to shake out all the weak longs and vice versa.
I hope this helps,
Dan
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jd_hunter03
13 posts
msg #27084
- Ignore jd_hunter03 |
6/26/2003 11:39:14 AM
Thanks everyone. Those all sound like great books. I just recently started following stocks using TA but I don't really know much about it. Thanks again for all your suggestions. JD
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bob79924
38 posts
msg #27104
- Ignore bob79924 |
6/28/2003 8:59:34 AM
I would recommend to anyone to read "Rule the Freakin' Markets" by Michael Parness. Published by St. Martin's Press, ISBN 0-312-28256-7. It's by a man who actually made it himself from "rags to riches", as the saying goes. That's the only kind of advisor you should ever listen to. The subtitle of the book is "or How I Turned $33,000 into $7 Million in Fifteen Months - and Here's How You Can Too". That sounds like sort of a far fetched claim, but I think you will at least make more money faster if you keep his advice in mind while you are trading. I found my copy at Barnes and Noble. And yes, I am coming out ahead in the market, and doing a lot better since I discovered StockFetcher.
BobW
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bob79924
38 posts
msg #27105
- Ignore bob79924 |
6/28/2003 9:06:18 AM
FYI: "Reminiscences of a Stock Operator", is by Edwin Lefevre, John Wiley & Sons, Inc., ISBN 0-471-05970-6. I got mine at Barnes & Noble. Interesting reading.
BobW
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bob79924
38 posts
msg #27106
- Ignore bob79924 |
6/28/2003 9:17:51 AM
For the record, my shelf space of stock market books alone is almost six feet long now, dating back to my first purchases in the sixties. As a rough guess, I'd say about 80 or 90 percent of them aren't worth what I paid for them. So, if you find a good book, tell us all about it and I'll try to do the same. Many books in recent years seem to be shills for getting customers for expensive web site subscriptions. I'd list a few for you, but I couldn't afford the legal fees for when I got sued!
BobW
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