Chart Your Way To Profits: The Online Trader's Guide to Technical Analysis (Wiley Trading) Review

Average Reviews:

(More customer reviews)Knight covers using chart patterns for technical analysis exhaustively and completely. He covers Prophet Charts extensively, which is not surprising since he is founder and continuing principal architect of that software. His book is especially useful for Prophet Chart subscribers who have access to market data through the Investools and ThinkorSwim investing and trading (respectively) providers.
For those who disdain technical analysis in favor of fundamental analysis, a careful reading of this book convinces that you don't have to believe in technical analysis but you can't ignore it.
The book contains an e-mail address for the author, and concludes with a "Practical Guide to Trading" chapter.

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Chart Your Way To Profits: The Online Trader's Guide to Technical Analysis with ProphetCharts (Wiley Trading) Review

Average Reviews:

(More customer reviews)I tend to read books of this type as a college text with highlighter in hand. The highlighter was not used as much as I thought it would be. A lot of info on what Profit Charts has and can do, but no insight into using it, or perhaps I missed that part because I tend to zone out when the obvious is sort of restated. The book almost goes too far in telling you what every click on tab will show, but I was looking for something to tell me that 'When you see this, it means ... and you should react thus if you are in position A, and counter if you are in Position B.' This is more of a software guide and not a how to. I was disappointed considering the 4 other stellar reviews.

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