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Technical Charting for Profits [Hardcover]

Mark L. Larson (Author)
4.2 out of 5 stars  See all reviews (11 customer reviews)

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Book Description

0471413240 978-0471413240 January 16, 2001 1
An introduction to technical analysis with a free software and data offer from one of the top names in the business

This indispensable book will guide traders and individual investors through the most important-and profitable-advances in today's investment arena. Technical Charting for Profits explains technical analysis topics to traders in an accessible manner, and covers how to apply them in actual trading practice. Filled with helpful sample charts, graphs, and end-of-chapter quizzes, Technical Charting for Profits:

  • Teaches you the basics of understanding and using indicators
  • Includes a CD-ROM video and 30-day free data trial of the most widely distributed charting software package in the industry
  • Covers both theory and practice of technical analysis
    Chart your course for financial success today with the priceless lessons in this much-needed book.

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Technical Charting for Profits + 12 Simple Technical Indicators that Really Work Course Book with DVD (Trade Secrets (Marketplace Books)) + Big Money, Less Risk: Trade Options with foreword by Michael Thomsett
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Editorial Reviews

From the Inside Flap

Technical analysis-the reading of price and volume charts-is the preferred method of analysis for traders of all time frames. Technical analysis allows investors to view a stock's past performance, as well as present and future patterns, resulting in a vastly improved sense of a stock's direction. Such knowledge also frees investors from dependence on professional money managers and brokerage firms-not to mention their fees. In this book, seasoned investment educator and author Mark Larson explains advanced technical analysis topics in an accessible manner, and covers how to apply them in actual trading for both bullish and bearish market conditions.

Utilizing charting patterns and indicators dramatically increases your ability to profit from the market by allowing you to make informed choices and decisions on such matters as timing, diversification, when to hold long-term-and when to cash out-particularly important in today's volatile climate.

Uniting theory with practice, Larson uses examples from TC2000(r), the most widely distributed charting software package in the industry, to teach you the basics of understanding and using indicators. The ideal introduction to technical analysis, this book includes a CD-ROM video and a free month of TC2000(r).com.

Technical Charting for Profits also provides you with an indispensable overview of the history of the stock market, plus helpful quizzes at the end of each chapter. Now you can take advantage of the great changes made by technology-by learning how to utilize them.

From the Back Cover

An introduction to technical analysis with a free software and data offer from one of the top names in the business

This indispensable book will guide traders and individual investors through the most important-and profitable-advances in today's investment arena. Technical Charting for Profits explains technical analysis topics to traders in an accessible manner, and covers how to apply them in actual trading practice. Filled with helpful sample charts, graphs, and end-of-chapter quizzes, Technical Charting for Profits:
* Teaches you the basics of understanding and using indicators
* Includes a CD-ROM video and 30-day free data trial of the most widely distributed charting software package in the industry
* Covers both theory and practice of technical analysis

Chart your course for financial success today with the priceless lessons in this much-needed book.

Product Details

  • Hardcover: 256 pages
  • Publisher: Wiley; 1 edition (January 16, 2001)
  • Language: English
  • ISBN-10: 0471413240
  • ISBN-13: 978-0471413240
  • Product Dimensions: 9.3 x 6.3 x 0.9 inches
  • Shipping Weight: 1.3 pounds (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Best Sellers Rank: #1,069,067 in Books (See Top 100 in Books)

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Customer Reviews

11 Reviews
5 star:
 (7)
4 star:
 (2)
3 star:    (0)
2 star:
 (1)
1 star:
 (1)
 
 
 
 
 
Average Customer Review
4.2 out of 5 stars (11 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

9 of 9 people found the following review helpful:
1.0 out of 5 stars Honest effort, but badly written for target audienmce, June 12, 2006
This review is from: Technical Charting for Profits (Hardcover)
First of all, the writing style. Larson's writing style is easy to follow, but the book itself is badly edited, with lots of padding. For example, we learn on P.69 about the 25 day DMA and two pages later the 200 DMA is presented. I had hoped for a better discussion of TC2000's proprietary indicators, MS, TSV and BOP, but the book presents a rehash of the documentation supplied with the software.

More important is the book's target audience. Don't even bother buying this book uless you intend to use Worden's TC2000 charting software. All discussions, indicators and charts are explained using this software as reference. On the other hand, if you have this software, you presumably already have a good understanding of the standard and proprietary indicators supplied with the package, and don't need lengthy tutorials on moving averages and relative strength. In this respect, the book's audience is unclear.

For me, what the book missed was material for the advanced TC2000 user, such as using the software's scanning and programming language capabilities. I assume that Larson himself is an advanced TC2000 user, it would have been nice if he had included some trading strategies making use of the software's advanced capabilities.
Sadly, all this is missing.
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3 of 4 people found the following review helpful:
5.0 out of 5 stars THIS BOOK WAS EXTREMELY HELPFUL ESPECIALLY WITH PARALYSIS ANALYSIS IN TRADING OPTIONS., March 25, 2006
This review is from: Technical Charting for Profits (Hardcover)
THIS IS ONE OF THE BEST OPTION BOOKS I HAVE EVER READ.IT TOTALLY CLEARED UP MY CONFUSION WITH INFORMATION OVERLOAD.IT WAS VERY HELPFUL TO READ MARKS THOUGHT PROCESSES BEHIND THE TRADE AS WELL AS TO LOOK AT THE CHARTS WITH HIS IDENTIFIED TECHNICALS.HIS DETAILED DESCRIPTIONS ENABLED ME TO SEE WHAT I WAS DOING WRONG.THIS BOOK TOTALLY INCREASED MY CONFIDENCE LEVEL IN TRADING OPTIONS AS WELL AS THE PROFITS I HAVE MADE SEVERAL MONTHS IN A ROW SELLING NAKED PUTS ON ABAX , WEBX AND SBUX. THANKS LARSON!!!! MARY
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3 of 4 people found the following review helpful:
5.0 out of 5 stars This is a great fundemental book The other reviews must have a hidden agenda, March 24, 2006
This review is from: Technical Charting for Profits (Hardcover)
I thought this was a great book on fundementals even though a lot of technical indicators are available from different sources. The bad reviews listed here must have not read the book or had a hidden agenda to trash Mark for some reason. It is hard to understand why. Mark is very successful and spends most of his waking hours helping others learn to be self-sufficient traders.
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Inside This Book (learn more)
First Sentence:
As I begin this, my second book, I ask myself: "What motivates me to write a second book?" Read the first page
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Worden Brothers, Relative Strength, Balance of Power, Dow Jones Industrial Average, New York Stock Exchange, Wall Street, Nasdaq Composite Index, Microsoft Corp, Optionable Daily, Nokia Corp, Quiz Answers, Wal-Mart Stores Inc, Cisco Systems Inc, Apple Computer Inc, Davox Corp, Intel Corp, Uniphase Corp, Biogen Inc, Dell Computer Corp, Drawing Color, Hanging Man, Sun Microsystems Inc, Social Security, Eastern Standard Time, Friday of June
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