Technical Analysis for the Rest of Us: What Every Investor Needs to Know to Increase Income, Minimize Risk, and Archieve Capital Gains



In Circulation

A breakthrough explanation of how any investor, regardless of experience, can use technical analysis tools to significantly improve performance

You may consider technical analysis as beyond your expertise and of little tangible value. But evidence proves it can help you achieve your long-term investing goals more quickly. Technical Analysis for the Rest of Us clearly explains basic areas of technical analysis, such as price pattern interpretation and resistance/support levels, and focuses on those areas that are most useful and relevant to individual investors.

This book presents a four-step process for using technical analysis to evaluate your portfolio holdings, sell investments that don't match your objectives, locate stocks that both meet your objectives and provide superior long-term potential, and reshape your portfolio to improve overall performance.

What will you learn from this book

  1. Patterns Recognition: Learning to identify and interpret various chart patterns, such as triangles, head and shoulders, and flags, to predict potential market movements.

  2. Indicators and Oscillators: Understanding how to use technical indicators like moving averages, Relative Strength Index (RSI), and MACD to assess market conditions and make informed trading decisions.

  3. Support and Resistance: Recognizing critical support and resistance levels on price charts to determine potential entry and exit points.

  4. Volume Analysis: Analyzing trading volume to confirm trends or patterns and gauge the strength of a market move.

  5. Risk Management: Emphasizing the importance of risk management techniques such as setting stop-loss orders and position sizing to protect capital.

  6. Psychology of Trading: Highlighting the impact of emotions on trading decisions and strategies to control biases and make rational choices.

  7. Trend Confirmation: Methods to confirm trends using multiple technical analysis tools to increase confidence in trading decisions.

  8. Timeframes: Understanding how different timeframes, including short-term and long-term perspectives, can influence trading strategies.

  9. Combining Technical and Fundamental Analysis: Integrating technical analysis with fundamental analysis to gain a comprehensive view of market conditions.

  10. Real-World Application: Providing practical examples and case studies to illustrate how technical analysis concepts are applied in real-market scenarios.

Language English
ISBN-10 978-0071467216
ISBN-13 978-0071467216
No of pages 198
Font Size Medium
Book Publisher McGraw-Hill Education
Published Date 16 May 2006

About Author

Author : Clifford

1 Books

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