Charting and Technical Analysis has ratings and 22 reviews. Constance said : Makes it all clearAs a new position trader/investor, “Charting and Tech. Stocjk charting and stock technical analysis from best selling author and trader, Fred McAllen. Charting and Technical analysis is the individual investor guide to . Detailed charting and technical analysis and trend trading resources by best selling author and trader Fred McAllen.
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That could not be farther from the truth. Oct 07, Antti Vilpponen rated it it was amazing.
Now, an advisor is going to sell you a mutual fund if they can. Farha rated it really liked it Feb 06, Return to Book Page.
With 25 years experience in trading and futures, Fred McAllen brings an authoritative and to the point guide that is especially useful for Frwd traders, more so than any of the other books on technical analysis. That’s why investing at the RIGHT time is by far the most important strategy when devising an investment plan.
Easy to read and absorb So easy, I wish every trainer or teacher was this simple and clear! Let the market come to you, instead of chasing the market. Charting and Technical Analysis by Fred McAllen With 25 years experience in trading and futures, Fred McAllen brings an authoritative and to the point guide that is especially useful for Forex traders, more so than any of the other books on technical analysis.
Being uninformed or relying on a salesman to make their decisions, they are just lining up behind the other Lambs to the slaughter. There are no discussion topics on this book yet. Point is, anyone, experienced or not, can show you a picture of a Chart and tell you to buy at the bottom and sell at the top. It will not work in a Secular Bear Market. Want to be a Successful Investor or Trader?
No one else has your best interest in mind. The Kindle edition is really cheap. Learning Charting and Technical Analysis is an mmcallen must’ for every investor and trader, regardless how much money you have to invest.
McAllen eliminates the need for more complex tools, although he does not discard them, but makes them unnecessary if someone doesn’t want to use them. Very interesting book This book fharting for the trader who is learning, starting to trade.
The typical Advisor’s sales pitch is to tell you analyss diversify. The Buy-and-Hold strategy worked in the s. All day traders from Chicago, to New York to London learn how to read charts and look for patterns from this book.
To invest successfully or trade in Stocks, Options, Forex, or even Mutual Funds, it is imperative to know AND understand price and market movements that can only be learned from Technical Analysis. Point is, anyone, experienced or not, can show you a picture of a Chart and tell you to buy at the bottom and sell at the top. Goodreads helps you keep track of books you want to read.
Investing your hard-earned money should be done with your own knowledge of market direction, when to buy, and when to move your money to safety. Without this knowledge you will lose. Thus, invariably entering the market at the wrong time and in the wrong investment. If one would only take the time to fully injest this info in small doses they will be greatly rewarded. That Dollar-Cost Averaging is smart.
That Financial Advisors are investment professionals. A wise investor doesn’t have to be a GURU and pick the big winner of stocks or the top-selling mutual fund of the anaylsis. Want to Read saving….
I am new to trading and this book was a major insight into watching trends, looking for indicators, and finding the right time to enter a position. Fire Your Advisor – Do you remember the market crash from ?
Meanwhile, the advisor and chartung firm make money whether you do or not.
Books by Fred McAllen. Book ratings by Goodreads.
Want to Read Currently Reading Read. Another aspect that is specially difficult with a book based on charting patterns, is the fact that each chart tells a story which is unfolded as each new candlestick prints, and keeping pace with that story thought the chart can be complex and confusing. Investing Strategies for the Individual Investor. Looking for beautiful books? Without this knowledge you are at the mercy of a salesperson hungry to earn a commission.
Great introduction to technical analysis This was a great book for beginners or one who technicak to refresh their knowledge with a slightly different analyeis.
Do you really think that will never happen again? All graphic and descriptions are really understandable and helpful. They still lost money. Statistics show financial advisors sold more investments during the all-time market highs than any other time. This book focuses on teaching tevhnical to know for yourself what is a great investment and how to ignore hype and advertising.