Getting Started in Chart Patterns, 2nd Edition

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Includes additional charts for ETFs and mutual fundsIntroduces more than 40 key chart formations, as well as trading tactics that can be used in conjunction with themSupplies actual trades, with their corresponding dollar amounts If you're looking to gain a better understanding of this discipline, look no further than the Second Edition of Getting Started in Chart Patterns. Before earning enough from his investments to retire from his day job at age thirty-six, Bulkowski was a hardware design engineer with the Raytheon Company and a senior software engineer for the Tandy Corporation. read more aid the reader in understanding chart pattern behavior better and learning how to trade confidently.

Especially useful for beginners in the field who need to be acquainted with chart pattern behavior to trade better in complex market conditions and manage risk effectively. Nobody explains the nuts and bolts of how exactly to use chart patterns to make real money in trading like Tom Bulkowski. Anecdotes from Bulkowski's own trading experiences are also included to shed light on how one of the best in the business goes about trading with chart patterns.

Combining objective analysis with a fictional element has resulted in a highly entertaining read, one that any trader will benefit from.

She has performed editing and fact-checking work for several leading finance publications, including The Motley Fool and Passport to Wall Street. Before earning enough from his investments to "retire" from his day job at age 36, Bulkowski was a hardware design engineer with Raytheon and a senior software engineer for Tandy Corporation. Widely acclaimed as a work in its class, which introduced Japanese candlestick charting techniques to the Western world, it is an excellent guide on the background and basic principles underlying this approach. An easy read meant for lay readers interested in learning basic technical analysis concepts without much effort. It discusses an entire spectrum of concepts related to technical analysis, including tested sentiment, momentum indicators, the flow of funds, seasonal effects, risk mitigation strategies, and testing systems, supported with valuable illustrations and practical examples.Relevant statistics Statistics Statistics is the science behind identifying, collecting, organizing and summarizing, analyzing, interpreting, and finally, presenting such data, either qualitative or quantitative, which helps make better and effective decisions with relevance. When it comes to chart reading, Thomas Bulkowski can be categorized as a sui generis [constituting a class alone]. It supplies actual trades (with dollar amounts), along with author Thomas Bulkowski's frank discussion of how trading behavior can affect the bottom line.