Technical analysis and the active trader (McGraw-Hill Trader's Edge Series) Review

Technical analysis and the active trader (McGraw-Hill Trader's Edge Series)
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Gary Norden describes trading how it actually is - hard work. So many people get involved in trading thinking it's an easy way to make money, and many techinical trading systems lead them to think this way. Most of these people ultimately lose money. Those that succeed develop a deep understanding of their markets, understanding that requires time, hard work, and intelligence.
Although Mr. Norden claims he didn't intend to write a "how to trade profitably" book (and it probably isn't possible to write such a book) I found his general advice excellent: understand the context of price moves, weigh possible outcomes and expected returns, and look for disconfirmation in other markets.

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Harness the power of technical analysis for trading success

Technical analysis is a powerful trading tool, but for maximum success and profit it must be skillfully integrated with other key trading tools. Technical Analysis and the Active Trader explains how to seamlessly combine technical analysis with other elements to help you understand the context of price moves, eliminate representative bias, and more.


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