|PDF Title||:||Trade the Trader|
|Publisher||:||Financial Times/ Prentice Hall|
|Total Page||:||223 Pages|
|PDF Size||:||2.46 MB|
|PDF Link||:||Read and Download|
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“Charts have been used for centuries as a way to display a historical record of an index or stock’s progression through time. Over the past several decades, stock charts have been increasingly used as investment tools.
Despite their current ubiquity, I believe most people still do not truly understand how best to use a chart to give them an edge in making money. To understand why a chart can provide any edge at all, we must first break down the basic emotions tied to a stock purchase, and thus lay the foundation for analyzing stock charts.
First, however, I must stress that just understanding this basic principal and attempting to apply a strategy based on it will not work. Understanding charts and applying technical analysis is not as simple as understanding the human emotion behind investing and attempting to exploit it.”
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