Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications
J**S
Ideal and best book I have ever read on learning to read charts
If I was only allowed to buy one book on trading everything from scalping figures to swing trading, this would be the one book I would buy. It covers they key topics on how to read charts with awesome visual examples and not just a long stream of text. I bought compies for other beginner traders I know as a gift to help them get started, which tells you more than any rating I could give or review I could write. Yes there are more complex books but this gives you a solid foundation on which to build.
R**K
used?
purchased and delivered the same day - "used like new". Arrived wrapped in plastic, had a sticker on the plastic that had been removed makes it "used"? Removed the plastic, opened the book and everything about it was new. This is the second time I've chosen "used - like new" and it's exceeded expectations both times. Huge fan, will be choosing this option on other products in the future. ANYWAY, love the book - it has all of the information I need to be learned by Wednesday, a millionaire by Thursday;)
A**S
Recommend seller
Happy with the book , 100% top condition..!! Thanks .
M**S
An excellent reference - well worth the investment
It is entirely possible to spend more time reading trading books than doing any actual trading. This is one of the few books that will remain on my bookshelf and I highly recommend it FOR WHAT IT IS INTENDED - an excellent reference on technical analysis (TA).What I was looking for was something to provide clear, concise descriptions on various technical indicators across all types - trend analysis, price patterns, candles, oscillators, etc. And Murphy not only does this well, but his work provides enough information that I do not see the need for another book on TA on my bookshelf, even though I know that other very good books are available (e.g. Pring). But this one is enough for me. It is well organized and indexed so that I can rapidly look up something while I am setting up trades and get the basic info that I need.One surprise was how well written the book was and how much I enjoyed reading it. I expected a dry reference book but instead found an excellent and engaging read, perhaps with the exception of the chapter on point and figure which was not up to the rest of the book. (If you are completely new to TA, you might find it less entertaining, but in comparison to the dry tome that I expected when the monster-sized book arrived, Murphy is remarkable in his ability to convert most TA topics and examples into 'normal' English.) He also is not a proponent or zealot about any one indicator type, which I appreciate. He does a good job of describing each within the context of its value without trying to convert anyone to any specific indicator. As I do not believe in magic bullets in trading, I appreciate his straightforward approach.Let me also note what this book is NOT so that you do not buy it for the wrong reasons:a) As you should gather from the above, this is not a trading system. Murphy will not tell you which indicators to use most or in which combinations to produce the best results. He will provide insight into many indicators and classes of indicators but he is NOT trying to convince you to use any specific indicator in any specific way. So he doesn't try to convince you of WHAT to use, just helps you understand WHEN, WHY and HOW each indicator type is used by various traders.b) Also, this is NOT intended to be the complete, in depth statement on any of the topics covered. For example, his section on Candlestick formations is simple, clear and includes many examples, but it is undoubtedly not the same as picking up Nison's works on Candlesticks. Similarly, you can find many books dedicated to Elliot Waves, Fibonaccis and other topics. Murphy provides the basics, but do not expect as thorough an explanation or justification as a dedicated book would provide. Then again, expect a dedicated book to try and convince you why its particular system or method is so much better than any other, something that Murphey will not try to do to you!c) Finally, this book is NOT intended to convert people who do not accept TA into believers. Frankly, it is much easier to get most people to accept that `fundamental analysis' affects a stock's value and price, but it is harder for most to understand and accept that simply analyzing the stock's price and related indicators can predict future moves. Murphy's opening chapters include some simple basic background on TA, but verbal explanations have limited value in convincing a pure `fundamentalist' that properly used technical analysis works. The only way to break down this barrier, IMO, is simply to learn and use various indicators for a while to begin seeing how predictive they can be. Murphy does not try to convert - he simply provides a learning reference. From there, anyone using TA needs to practice to become proficient.So, in summary, I highly recommend buying this book for what it is intended to be - a reference book on technical analysis. It does this job excellently.
P**P
Came slightly damaged
Came damaged even the little bit sucks supposed to be brand new book and isn’t cheap the page isn’t cut right so the folded it in to match wierd
M**N
The Bible of trading patterns.
The Bible of trading patterns.Every pattern and oscillator explained and illustrated.Comprehensive and complete.
R**N
Straight Forward
Simple and clear overview without unnecessary noise. Great read.
N**N
Comprehensive
Comprehensive book. Came earlier then said. Happy with the purchase.
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