Average Reviews:
(More customer reviews)This book is a great introduction to trading and technical analysis. The author explains the technical analysis patterns, and more importantly, the financial psychology behind those patterns. He explains how supply and demand, and the human behavior of greed and fear create those patterns.
The only shortcoming is that there isn't much material on the other important aspects of trading like money management, position sizing, risk management, system testing / validation. For that, you would still need a book like Van K. Tharp's "Trade your Way to Financial Freedom" or Marcel Link's "High Probability Trading". I would have rated this 4 and 1/2 stars if there was such a rating. Worth more than 4 stars, but not quite 5 stars.
Overall, this book is a great primer, and would still be a very good value at twice the price.
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"Online investing is 'back in vogue . . . '"--The Wall Street Journal
Wall Street Journal bestselling author David Nassar changed the course of independent investing--and sold more than 100,000 books--with his landmark How to Get Started in Electronic Day Trading. Times and markets have changed, however, and a sense of caution has replaced that period's go-for-the-gusto ethos.
At the same time, millions of traders and investors can't help but see--and hunger for--the fast-turnaround trading profits that are still there for the taking. How to Get Started in Active Trading and Investing is once again the right book at the right time, distancing itself from the day-trading mania with profitable strategies and techniques for this all-new market. Essential reading for today's new breed of commonsense trader/investor, it explains how to:
Understand--and profit from--the moves of market makers
Discover and implement a personalized trading style
Improve market-timing skills and instincts
Click here for more information about How to Get Started in Active Trading and Investing
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