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Pros & Cons
Pros
The book is dense with information and cannot be approached lightly. It is very easy to read but does not lack important knowledge and conciseness. This book is pure, low key, unpretentious, dense rock solid value.
Jack schwager uses the first seven chapters to define many of the technical factors that novice traders should know before they can trade in today's active market. Part four is vital to the trader. The appendix in the back about the characteristics of... Read More
Easy read for charting, patterns and technicals. A chart tells you the current behavior of all of the stocks holders.
Cons
The author fails to explain the logic behind price moves. Volume is one of the 'key' elements in ta, but this author ignores volume. In other aspects, he talks about a figure of a chart that most of the time is at least 2 pages away.
Readability is so poor. The text is very wordy and boring.
Highlights
Quality
He covers, among other things, the validity of technical analysis, chart principles and patterns, trendline construction, trade... Read More
The book provides excellent technical analysis information for the selection and monitoring of equities and commodities.
Mine will be breaking apart quite soon!
I had many concerns regarding viability of technical analysis techniques and expected a very subjective approach dismissing cri... Read More
Price
Really a good bargain and should be read even by traders at intermediate level.
In fact, the value-to-price ratio of this book is astounding.
You will pay 4 times the amount for 1/4 the value on hyped selection after selection on these very screens.
Can't put it down, the price is right
Competitiveness
The universal tactics of successful trend trading: finding opportunity in uncertainty delivers powerful and practical advice fo... Read More
While i did not like the "getting started in options" book in this series (written by another author) i thought schwager went a... Read More
), there's no better place to start than with the "getting started.
I recently rolled my 401k into a brokerage account, confident i could manage my $$$ with more investment options than my former 401k.
Overview
- How are reviewers describing this item?
technical, good and many. - Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
- Our engine has determined that the review content quality is high and informative.
- Our engine has discovered that over 90% high quality reviews are present.
- This product had a total of 811 reviews as of our last analysis date on Jun 19 2024.
Helpful InsightsBETA
Posted by a reviewer on Amazon
Got book when delivery was estimated
Posted by a reviewer on Amazon
This book was recommended by a fellow stock enthusiast to brush up on analysis
Posted by a reviewer on Amazon
If you are going to be serious about getting the foundations of investment desisions correct right from the start then you should read this book
Posted by a reviewer on Amazon
The book is a goldmine of information
Posted by a reviewer on Amazon
No one said markets were easy people who find this book difficult to read or absorb should seriously consider their compatability to be able to correctly trade in the markets
Posted by a reviewer on Amazon
I read 34new market wizards34 in one week but this book took two months
Posted by a reviewer on Amazon
Only on flip pages are the actual trade results shown annotated with ruminations on what if anything should have been done differently
Posted by a reviewer on Amazon
Examples of both successful and unsuccessful trades are given
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