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A Beginner's Guide to Charting Financial Markets (Paperback)
Loot Price: R293
Discovery Miles 2 930
You Save: R93
(24%)
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A Beginner's Guide to Charting Financial Markets (Paperback)
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List price R386
Loot Price R293
Discovery Miles 2 930
You Save R93 (24%)
Expected to ship within 12 - 17 working days
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This book is about arming you with one simple tool that will
enhance your investment decision-making process - the chart. It is
not the Holy Grail and even if applied exactly as offered there is
no guarantee that you will be successful. But owning a high quality
hammer is no guarantee that the user will build a beautiful house.
The hammer is a tool and in most cases the user will still need
other tools - and knowledge - to build that house. Despite its
enormous and still growing popularity, technical market analysis
still gets a bad rap. Purveyors of this art have been called
tealeaf readers and many similar names, but that has nothing to do
with what technical analysis is attempting to do. If we strip away
all the fancy indicators and obtuse jargon, what is left are
time-tested methods of finding investment opportunities and
assessing their risk. There is no fortune telling here; only
figuring out what we can do about the market. And what we do is the
only part of the markets that we can control. What this book will
do is give you the basics needed to look at a chart and get a feel
for what the market or individual stock is doing.It covers only the
nuts and bolts of chart analysis, barely touching upon the next
level concepts and definitely leaving the whiz-bang stuff well
alone. It should be stressed that this book will not replace your
current methods of stock selection and investment strategies. What
it can do, however, is add a new dimension to the analysis to
confirm or refute what is already known. Basically, there is no
need to give up other methods for selecting stocks although by the
end of the book you may be drawn to further learning and eventually
discover that charts can, indeed, be the primary, if not sole,
investment decision-making tools.
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