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A Beginner's Guide to Charting Financial Markets: A practical introduction to technical analysis for investors
A Beginner's Guide to Charting Financial Markets: A practical introduction to technical analysis for investors
A Beginner's Guide to Charting Financial Markets: A practical introduction to technical analysis for investors
Ebook178 pages1 hour

A Beginner's Guide to Charting Financial Markets: A practical introduction to technical analysis for investors

By Michael Kahn

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About this ebook

This book is about arming you with one simple tool that will enhance your investment decision-making process - the chart. It is not the Holy Grail and even if applied exactly as offered there is no guarantee that you will be successful. But owning a high quality hammer is no guarantee that the user will build a beautiful house. The hammer is a tool and in most cases the user will still need other tools - and knowledge - to build that house.
Despite its enormous and still growing popularity, technical market analysis still gets a bad rap. Purveyors of this art have been called tealeaf readers and many similar names, but that has nothing to do with what technical analysis is attempting to do. If we strip away all the fancy indicators and obtuse jargon, what is left are time-tested methods of finding investment opportunities and assessing their risk. There is no fortune telling here; only figuring out what we can do about the market. And what we do is the only part of the markets that we can control.
What this book will do is give you the basics needed to look at a chart and get a feel for what the market or individual stock is doing. It covers only the nuts and bolts of chart analysis, barely touching upon the next level concepts and definitely leaving the whiz-bang stuff well alone.
It should be stressed that this book will not replace your current methods of stock selection and investment strategies. What it can do, however, is add a new dimension to the analysis to confirm or refute what is already known. Basically, there is no need to give up other methods for selecting stocks although by the end of the book you may be drawn to further learning and eventually discover that charts can, indeed, be the primary, if not sole, investment decision-making tools.
LanguageEnglish
PublisherHarriman House
Release dateAug 20, 2010
ISBN9780857190529
A Beginner's Guide to Charting Financial Markets: A practical introduction to technical analysis for investors
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Author

Michael Kahn

Michael Kahn is a trial lawyer by day and an author at night. He wrote his first novel, Grave Designs, on a challenge from his wife Margi, who got tired of listening to the same answer whenever she asked him about a book he was reading. "Not bad," he would say, "but I could write a better book than that." "Then write one," she finally said, "or please shut up." So he shut up—no easy task for an attorney—and then he wrote one. Kahn is the award-winning author of: eleven Rachel Gold novels; three standalone novels: Played!, The Sirena Quest, and, under the pen name Michael Baron, The Mourning Sexton, and several short stories. In addition to his day job as a trial lawyer, he is an adjunct professor of law at Washington University in St. Louis, where he teaches a class on censorship and free expression. Married to his high school sweetheart, he is the father of five and the grandfather of, so far, seven.

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