Applied Technical Analysis

This book describes the practical and useful indicators to predict the stock market, sectors and stocks. Many technical indicators are damaging if they're not properly used. Prefer to master some of the practical and useful ones.No one including all the Federal Reserve chair (wo)men and all the Nobel-Prize winners in economics can predict market plunges. Many predicted correctly market crashes by pure luck and some even received Nobel Prizes and became famous. There is no model and...
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This book describes the practical and useful indicators to predict the stock market, sectors and stocks. Many technical indicators are damaging if they're not properly used. Prefer to master some of the practical and useful ones.No one including all the Federal Reserve chair (wo)men and all the Nobel-Prize winners in economics can predict market plunges. Many predicted correctly market crashes by pure luck and some even received Nobel Prizes and became famous. There is no model and formula to predict market plunges except my simple chart described in this book. It works for the last two market plunges and hopefully it will work to the next market plunge. The chart depends on the falling stock prices, so it will not detect the bottoms and peaks precisely, but it will prevent further losses and reenter the market for larger gains. The chart is very simple to use and there is nothing to buy or subscribe.We would make far more money when selling at the peak and buying at the bottom. Described in Chapter 34, there are some common parameters in the last two market peaks / bottoms. They are all common sense to me. The chart could be the best-kept secret. I guess most folks do not want to share this shocking tool to detect market crashes.It also have several chapters to use TA to search and evaluate stocks.Updated: 09/15 Size: 230 (6*9)