Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Stikky Stock Charts: Learn the 8 major chart patterns used by professionals and how to interpret them to trade smart--in Paperback – January 1, 2010
The Amazon Book Review
Author interviews, book reviews, editors picks, and more. Read it now
Customers who bought this item also bought
What other items do customers buy after viewing this item?
As entertaining as it is effective -- PBS, June 24, 2003, review of Stikky series
Don't expect an ordinary book -- Washington Post, June 20, 2003, review of Stikky series --This text refers to an out of print or unavailable edition of this title.
Browse award-winning titles. See more
If you are a seller for this product, would you like to suggest updates through seller support?
Top Customer Reviews
Stikky Stock Charts is the first book I'd ever read about trading and it helped me to become familiar with the basic structure of the markets. By the way, it was recommended to me by a trader who made his first million dollars CASH out of the markets by age 22. After having given this book a read and asking the guy if it were really of any value, what he told me was that if I wanted to trade successfully, Stikky Charts was really all I needed in terms of Technical Analysis. I didn't quite believing him, so I went on my own quest and studied indicators, geometric chart patterns, fundamental data, etc. I became frustrated because it was as if nothing worked. Then, I finally developed a method that was consistently profitable and 85-90% accurate. When I finally start making money in the markets, guess what it was that was making money for me consistently? The basic techniques discussed in this book. You see, I'd looked all around the world for a working method but the one that I developed was already taught in this simple book!
That being said, here's the only few things you need to know about reading charts: Support & Resistance/Trading Ranges, Trend Lines, Trend Channels, overall market context and maybe a couple of more things. But, nevertheless, if you know those things (which this book teaches), the possibility of earning a lot of money is high. Truth be told, I day trade crude oil futures and it's not unusual for me to take 30+ points out of the market per day trading these simple price action tools.
Conclusion: If you wanna make money, the simple concepts discussed in this book is really useful. If you wanna talk a good game and sound like an "analyst," then go ahead and learn about MACD, oscillators, RSI and the millions of other useless crap.
This is an extremely quick read. I read it (and did all the exercises) in about 30-40 minutes. The text is huge (26 font?) and reminds me of a children's book. The most condescending portion of the book is when it tells you step by step how to place an order with your broker... on the phone! The book definitely shows its date since now a majority of traders use online means to place trades.
The book does NOT go into candlesticks but uses basic line charts. The whole first "chapter" is showing you how to draw a trend line... Seriously!??! 1/3 of the book is how to connect three dots that trend up or down?
The next 1/3 of the book shows you the different triangles (ascending, descending, and symmetrical). The last 1/3 briefly touches on head-and-shoulders and double peaks.
Overall I feel this book spends too much time on the basics and doesn't really get into the depth of technical chart reading. I'm passing this onto my mother who has trouble just getting a chart up on the computer (say nothing of reading one).
After reading this book you should be able to look at a stock chart and understand, trend, direction the stock looks like it's heading, support, resistance etc. A great book if you are interested in learning how to trade using technical analysis and chart patterns.
This really demystifies stock price movement and gives you an edge when investing. The premise is that the graph reflects the stocks fundamentals and has priced in analysis and that no matter how much other analysis you do, reading company reports, it will not be as useful as the analysis of the chart.
Most Recent Customer Reviews