 |
GetTextbooks.co.uk
Compare Prices & Save up to 90% |
|
|
|
| Login | Sign up | My Wish List |
 | | Technical Analysis and Stock Market Profits: The Real Bible of Technical Analysis (Traders' Masterclass) by Richard Schabacker ISBN-10: 9780273630951 ISBN-10: 0-273-63095-4 ISBN-13: 9780273630951 ISBN-13: 978-0-273-63095-1 Paperback 1998-04-25 Financial Times/Prentice Hall Find Lowest Price |
Editorials | ||
Product Description This classic is the foundation on which technical analysis is built. | ||
Reviews | ||
Root Of All Technical Analysis Books Here is the mother of all technical analysis books, originally published in 1932. This means that "Technical Analysis And Stock Market Profits" pre-dates the Edwards and Magee classic "Technical Analysis of Stock Trends" by 15 years. As a matter of fact, the latter rips paragraphs, word for word, out of the former. But this is OK because Edwards was the son in law of Richard Schabacker. Between the two classic texts, I personally lean towards Schabacker's writing style as I find it more informal and concise while being just as informative, which is a combination that the reader will appreciate as it will help keep the learning curve as painless as possible. In terms of the material, you can't go wrong here, because just about everything you wanted to know about TA is covered by Schabacker. The logic behind all the chart patterns and phenomena are clearly explained, which lends to the theory of technical analysis a reasonable amount of creditability. In a nutshell, all the good stuff is here. It must be mentioned that, like in all trading methods, there are real risks when you jump in. A five-star book | ||
Epic for its time The ironic thing is, you couldn't tell it was written in 1932 or 2002 .. the techniques are identical to basic TA today , even the psychology section about cutting losses and trading with the trend sound familiar. Certainly revolutionary when it came out, it's somewhat dated now and a bit wordy. Anyone familiar with chart patterns - h&s, wedges, flags, triangles, trendlines will likely find nothing new in this book. Also, the explanations are a bit wordy .. though I suspect this was necessary when no one was familiar with it. I give it 3 stars for content and another for the fact that it was written in 1932. However, an advanced trader will find this book useless other than for sentimental curiosity. | ||
Learn from the guy who taught Edwards and Magee Finally available to the rest of the world, this classic is easily the best book on classical technical analysis available. Although it is more than 70 years old, the complete and descriptive discussions of how and why reversal and continuation patterns work are as valid now as they were then. Without Schabacker, there'd be no Edwards and Magee, Elliott, Murphy, or even Poser. | ||
Chart reading, anyone? So you want to learn on how to read charts... This is the one for you then! A little dense sometimes due to it's completeness on patterns, but it's all there, really. Won't teach you on how to make a trading system, but if you're into discretionery trading systems you'll love this one. I haven't found a reversal pattern that's not on these pages, and if you want to know about continuation patterns, they're all almost there too. I recommend this book for beginners as for experienced traders. This is one of those books I keep next to my trading desk! | ||
Technical Analysis' Pioneering Vision Richard Schabacker, in this pioneering book, presents the art and science of technical analysis as an organized subject. In 13 chapters, he discusses important reversal formations, minor reversal formations, major continuation formations, intermediate patterns and phenomena, trend line action, support and resistance levels, measuring rules and formations and trading tactics. First published in 1932, the book gives equal weight to a formation's potential and its flaws and warts. Originally devised as a practical investment course, it still sparkles with application today. Despite today's modern computer methods of interpreting price and buying trends, an investor or trader must still master the basics and there is no finer place to begin than this former Forbes financial editor's ground-breaking work. | ||