Product Description

A simple, straightforward guide to the fundamentals of technical analysis
For active traders and investors who don′t understand the complicated art of technical analysis, this commonsense resource covers all the bases. Explaining the basic principles of analysis and showing how to implement them, Technical Analysis For Dummies dumps the confusing jargon and unreadable charts for basic explanations and practical guidance. In no time at all, readers will see how to make better trading decisions.
Barbara Rockefeller (Stamford, CT) is one of the foremost authorities on technical analysis and founder of Rockefeller Treasury Services.

Product Details

• Amazon Sales Rank: #3899 in Books
• Published on: 2004-02-24
• Original language: English
• Number of items: 1
• Binding: Paperback
• 360 pages

Synopsis
A simple, straightforward guide to the fundamentals of technical analysis For active traders and investors who don't understand the complicated art of technical analysis, this commonsense resource covers all the bases. Explaining the basic principles of analysis and showing how to implement them, Technical Analysis For Dummies dumps the confusing jargon and unreadable charts for basic explanations and practical guidance. In no time at all, readers will see how to make better trading decisions. Barbara Rockefeller (Stamford, CT) is one of the foremost authorities on technical analysis and founder of Rockefeller Treasury Services.

From the Back Cover
The tools to perform your own analysis – and beat the market

Study the data, measure your risk, and win in the market!

Sick of losing in the market? Tired of relying on other people’s investment advice? Don’t worry! Technical Analysis For Dummies is the smart way to get on a winning track. This straightforward, non–intimidating guide explains the principles of technical analysis and provides tools you need to develop guidelines you can trust – your own.

Praise for Technical Analysis For Dummies

"Barbara Rockefeller shows that technical analysis works without math and formulas. Her back–to–basics approach is practical and comprehensive . . . This is a great way to learn technical analysis, or a valuable review of how we should trade."
– Perry Kaufman, author of "Trading Systems and Methods" and "A Short Course in Technical Trading"

"This book is written in a clear, concise, no–nonsense style with lots of common–sense ideas . . ."
– Martin J. Pring, President of pring.com, Editor Intermarket Review

Discover how to:

• Identify the trends
• Improve your timing
• Never take a big loss again
• Plan the trade from start to finish
• Treat trading and investing as a business
• Learn when to sell

About the Author
Barbara Rockefeller is one of the world’s foremost authorities on technical analysis and is the author of two newsletters and three popular books, including CNBC 24/7 Trading: Around the Clock, Around the World and The Global Trader.

Customer Reviews

Great stuff. Not so for dummies
Despite this being for "Dummies" it's incredibly detailed and covers just about everything that one needs to start trading with Technical Analysis.

It begins with market basics and I came off reading this with no previous knowledge of technical analysis besides what I had been told by a friend of mine who trades.

It follows through to cover dynamic and momentum indicators in as much detail as you'll need. It doesnt pay to go too into things since indicators INDICATE and do not REVEAL. They give the most likely possibility of what will happen but that's where stop losses come in.

It teaches you early on that money management and long term survival are key. For the price, this is the best technical Analysis book out there. You mat not understand something at first but if you soldier on, things will start to become clear.

SUGGESTION: Read the entire book BEFORE you begin to trade. Read it twice to re-affirm all the knowledge but careful with following it TOO closely. Especially if spreadbetting where the candle formations are created artifically and do not show TRUE market sentiment at the time. Very sueful for CFD and real Share Trading though. You may want to get INVESTING IN SHARES for Dummies too and for a whole trading system to start off with, buy COME INTO MY TRADING ROOM by Alexander Elder. very inspirational for the novice trader.

One year TA users view
Uses the normal `Dummies' layout.

Although clearly it was written for US readers (examples are all US companies and amounts in Dollars) it is relevant to analysis of all stock markets including UK. The techniques relate to charts of all kinds of shares, currencies and commodities. The suggested websites are only useful to a US reader. Reading other books as well will help UK users.

Try "Pocket Guide to Trading Online" by Alpesh Patel - also available on Amazon. This is much more focused for the UK market and gives UK websites.

I have been trading for the past year using TA and found that I learnt quite a bit more on techniques and indicators that I had not tried.

This will now be one of my Reference books to help me improve my share trades.

Recommended

A "must have", however long you've been trading.
What is it they say? "If you could have only one book ...?" Well this should be it. A thin book (only 350 pages) for such a broad subject. Barbara Rockefeller gets right down to the core issues with absolute clarity and simplicity. She rapidly exposes flawed thinking and weak logic, debunking (very decisively) false optimism. This book shows you how to grow as a trader, and the book grows with you. Revisit it again and again over the years. I'd been trading for years before I found this book. I own (and have read) the major works (Murphy, Link, Masonson, Nison, etc). Like many experienced traders I was getting buried in the analysis and begun to lose sight of the basics. Rockefeller rips away the crap. On the front cover she claims you will be able to Identify Trends, Improve Timing, Never Make A Big Loss, Trade As A Business. That's a tall order for one book. This one does what it says on the tin. Get it. You won't need anything else to become profitable. If you've got other books, or are thinking of getting some, then look at them through Rockefeller's eyes and you'll never get bogged down again.