Big Mike's Trading Forum
 

Go Back   Big Mike's Trading Forum

> Trading Forums > Traders Hideout


Notices
     

Book Review: "Complete Idiot's Guide to Technical Analysis"
Started:April 23rd, 2011 (03:49 PM) by RM99 Views / Replies:1,047 / 1
Last Reply:April 23rd, 2011 (03:56 PM) Attachments:0

Welcome to Big Mike's Trading Forum.

Welcome, Guest!

This forum was established to help traders by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

BMT is fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 
Thread Tools Search this Thread

Book Review: "Complete Idiot's Guide to Technical Analysis"

Old April 23rd, 2011, 03:49 PM   #1 (permalink)
Fortitudo et Honor
Austin, TX
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Instrument: Futures
 
Posts: 882 since Mar 2011
Thanks: 128 given, 647 received

Book Review: "Complete Idiot's Guide to Technical Analysis"

I posted here, because I really wasn't sure where it would be appropriate.

Firstly, I'm not a publisher or a vendor and have no stake/interest in the success or failure of this book (or any other book for that matter).

I found the book to be highly useful as a reference tool for brushing up on concepts that you may already know and very concise/get to the point and insightful for topics that may be new.

It's laid out VERY well, and very effectively and simply illustrates the concepts quickly and easily.

It covers a ton of topics we discuss on BMT.....candlestick charting, volume analysis, swing charts and channels, spread charts, double tops, heads/shoulders, reversal patterns, support, resistance, gaps and flags/pennants, cup with handles, trendlines, trend channels, pullbacks, Donchian channels, moving averages, oscillators (MACD, Stochastic, Williams, RSI, etc), pivots, convergence/divergence, point-figure charts, price movement, breakouts and breakdowns, Fibonacci Ratios, Jackson lines (which are similar to Murray Math lines), etc, etc, etc.

It's a great reference book for intermediate to advanced traders and an awesome book for those just getting started. I find it much easier to pull the book out than to surf through the internet to get started on concepts like triangle analysis and such.

Anyway, I bought the book at Barnes/Noble for $22 (I was picking up another book), but you can probably find it cheaper online somewhere.

For what it's worth....

Reply With Quote
     

Old April 23rd, 2011, 03:56 PM   #2 (permalink)
Administrator: 'da Big Dawg
Manta, Ecuador
 
Trading Experience: Advanced
Platform: My own custom solution
Favorite Instrument: SP500, Stocks
 
Big Mike's Avatar
 
Posts: 31,127 since Jun 2009
Thanks: 20,728 given, 38,059 received

Moved to Traders Hideout since it is on-topic.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
     

Reply



Tags
analysis, book, breakouts, charting, charts, divergence, fibonacci, gaps, guide, hideout, interest, jackson, macd, math, murrey_math_lines, pat, patterns, pivots, price, pullbacks, resistance, review, rsi, spread, stochastics, support, swing, technical, traders, trendlines, vendor, volume
     

Big Mike's Trading Forum > Trading Forums > Traders Hideout > Book Review: "Complete Idiot's Guide to Technical Analysis"

Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
"Too Big to Fail" review Silvester17 Off-Topic 17 June 25th, 2011 05:58 PM
dealing with GetCurrentBidVolume and GetCurrentAskVolume , "long" casting into "int" jmejedi NinjaTrader Programming 4 May 23rd, 2011 09:33 AM
RJay's "Trader Volume" and "Trader Tick" Indicator Suites RJay The Elite Circle 20 December 20th, 2010 05:01 PM
US Stock Indices: ES, NQ and YM ("intermarket analysis") ikeaboy Index Futures Trading 3 December 17th, 2010 01:38 PM
"time"stop" codes for MC ptcm EasyLanguage Programming 1 September 2nd, 2010 12:57 AM


All times are GMT -4. The time now is 02:29 PM.

Powered by vBulletin®
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Copyright © 2014 by Big Mike Trading. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
 
no new posts

Page generated 2014-04-18 in 0.11 seconds with 19 queries on phoenix via your IP 54.243.23.129