Average Reviews:
(More customer reviews)Mr Rosembloom has written a book outlining the essential principles of technical analysis, properly updated with new concepts developed after the first books on Dow Theory were written almost a 100 years ago.
In the 1980's, when I started, beginners in Technical Analysis were asked to read Magee and Edwards, together with supplementary reading of Rhea. Then came John Murphy's book which was a pathbreaker. Murphy's book soon became essential reading, but did not replace the Magee book. Now, 'The Complete Trading Course' by Corey Rosembloom, may well become the first book to be read, with stdents asked to decide their specialization after reading this book. The book is complete since it covers most significant aspects of technical analysis. It is honest because it repatedly highlights the failings of most indicators and setups. This honest approach makes the book different from many other generalised technical analysis books. The book is modern since it often refers to many of the new writings in TA.
Corey has explained in detail the concepts of positive and negative feedback loops which I think adds value to the current body of TA thinking. His chapters on edge, four basic trade setups are useful for new traders (they are useful experienced traders also but for the new ones they are vital).
This book is not about trading setups. It is honestly titled as 'The Trading Course'. It is a complete course for the 21st century. The book should be read by all budding traders. It is useful to experienced traders since it highlights in easy to understand language, almost all important trading concepts and ideas.
Click Here to see more reviews about: The Trading Course: Technical Analysis, High-Probability Set Ups, and Execution Tactics (Wiley Trading)
A practical guide covering everything the serious trader needs to know
While a variety of approaches can be used to analyze financial market behavior and identify potential trading/investing opportunities, no approach is completely accurate. The challenge for traders is to find a method that they feel comfortable with and are able to implement consistently, through the normal ups and downs of trading.
The Trading Course provides you with a detailed description of the methods used to analyze markets, spot profitable trading opportunities, and properly execute trades. Page by page, this book references different trading methodologies, but focuses specifically on applying them when attempting to identify good trades.
Discusses the principles of price behavior, trends, trade set ups, trade execution, and intermarket relationships
Details different trading tools and techniques, including Japanese Candlesticks, Elliott Wave, Dow Theory, momentum indicators, and much more
If you want to become a successful trader, you have to be prepared. This book will show you what it takes to make it in this field and how you can excel without getting overwhelmed.
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