Recommend me a Technical Analysis book

[DrNo888]

Basically, I want to start learning technical analysis for stocks. I did some searching on Amazon and there are quite a few books with good (4+ stars) rating, but not sure if I trust all the reviews.

So, recommend me something you have personally read/used or one that is highly recommended by people in the know.

TIA

[DesertCat]

[ QUOTE ]
“I realized that technical analysis didn’t work when I turned the chart upside down and
didn’t get a different answer.”

Warren Buffett



[/ QUOTE ]

Read "The Intelligent Investor" instead.

[mrbaseball]

[ QUOTE ]
Read "The Intelligent Investor" instead.

[/ QUOTE ]

Hmmm? I didn't realize that was a technical analysis book? What kinds of TA methods does it focus on?

[DesertCat]

[ QUOTE ]
[ QUOTE ]
Read "The Intelligent Investor" instead.

[/ QUOTE ]

Hmmm? I didn't realize that was a technical analysis book? What kinds of TA methods does it focus on?

[/ QUOTE ]

Just the greatest and most effective TA method ever, the "not using TA" method.

[mrbaseball]

[ QUOTE ]
Just the greatest and most effective TA method ever, the "not using TA" method.


[/ QUOTE ]

OP said he wanted to "learn" about technical analysis. Learning is typically a good thing. Once you "learn" you can decide whether you want to "use" it or not. Ignorance of technical analysis is probably not a good idea even if you never plan to to use it.

I'll bet you even Buffett knows a thing or two about chart patterns, trend channels, support, resistance and overbought/oversold indicators even if it isn't his main or even tertiary focus.

[Fishhead24]

Just throwing this out here.........

A subscription to INVESTORS BUSINESS DAILY newspaper.

[DesertCat]

[ QUOTE ]
[ QUOTE ]
Just the greatest and most effective TA method ever, the "not using TA" method.


[/ QUOTE ]

OP said he wanted to "learn" about technical analysis. Learning is typically a good thing. Once you "learn" you can decide whether you want to "use" it or not. Ignorance of technical analysis is probably not a good idea even if you never plan to to use it.


[/ QUOTE ]

If people want to discuss TA, I'll stay out of the way of your fun. But he sounds like a novice so I wanted to point out the "other approach" to him.


[ QUOTE ]

I'll bet you even Buffett knows a thing or two about chart patterns, trend channels, support, resistance and overbought/oversold indicators even if it isn't his main or even tertiary focus.

[/ QUOTE ]

He has said he studied them early in his career and found them useless.

[kimchi]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Read "The Intelligent Investor" instead.

[/ QUOTE ]

Hmmm? I didn't realize that was a technical analysis book? What kinds of TA methods does it focus on?

[/ QUOTE ]

Just the greatest and most effective TA method ever, the "not using TA" method.

[/ QUOTE ]

DC, I know you're a FA investor, but have you ever worked on or studied TA extensively?

I believe both methods can compliment each other. FA can provide you with set-ups and TA can privide your entries and exits.

TA, when used properly, can act like a looking glass mapping the patterns of buying and selling which often points towards impeding moves.

Completely disregarding TA surely will make you lose some edge when using FA for set-ups.

[DesertCat]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Read "The Intelligent Investor" instead.

[/ QUOTE ]

Hmmm? I didn't realize that was a technical analysis book? What kinds of TA methods does it focus on?

[/ QUOTE ]

Just the greatest and most effective TA method ever, the "not using TA" method.

[/ QUOTE ]

DC, I know you're a FA investor, but have you ever worked on or studied TA extensively?

I believe both methods can compliment each other. FA can provide you with set-ups and TA can privide your entries and exits.

TA, when used properly, can act like a looking glass mapping the patterns of buying and selling which often points towards impeding moves.

Completely disregarding TA surely will make you lose some edge when using FA for set-ups.

[/ QUOTE ]

My returns say otherwise I'm not holding positions above IV, nor am I selling at well below IV. I've been doing this long enough to know I have no insight into price patterns.

[thehun69]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Read "The Intelligent Investor" instead.

[/ QUOTE ]

Hmmm? I didn't realize that was a technical analysis book? What kinds of TA methods does it focus on?

[/ QUOTE ]

Just the greatest and most effective TA method ever, the "not using TA" method.

[/ QUOTE ]

You've gotta love the open mindedness of the Finance section. So, if Buffet can't figure it out or use it, I guess it just doesn't work. So, I guess Steven Cohen and Bruce Kovner are on the Forbes riches people by sheer and freak luck.

THE HUN.