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Experts Tell Us the Best Books To Learn Technical Analysis

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This article showcases our top picks for the Books To Learn Technical Analysis. We reached out to industry leaders and experts who have contributed the suggestions within this article (they have been credited for their contributions below). We are keen to hear your feedback on all of our content and our comment section is a moderated space to express your thoughts and feelings related (or not) to this article This list is in no particular order.

A Comprehensive Guide to Trading Methods and Applications

This product was recommended by Rei Garnet from Bunnyhorde

This book is well-written and simple to read and comprehend. One of the best technical analysis books I’ve ever read. It’s a fantastic source of knowledge and information that applies to all markets. In short, this is a great buy for anyone who wants to learn more about technical analysis. Overall, I have no regrets about purchasing it and believe it to be a solid investment.

Getting Started in Technical Analysis

This product was recommended by Stella Cooper from PaydayLoansUK

This technical analysis book provides readers with a supreme foundation of Technical analysis. Also, it’s loaded with credible examples and transparently explains essential topics, such as trading ranges, trends, chart patterns, etc. Hence, it helps train a user about the mechanics of premium order management in exit, entry, strops, and pyramiding strategies. In addition, you will get a full-fledged description of various forms of charting in a hassle-free manner and go deeper into trading signal generation techniques.

Technical Analysis Explained by Martin Pring

This product was recommended by Emilia Flores from UKBadCreditLoans

This book is considered by many to be the “Bible” of technical analysis since it contains an exhaustive amount of information covering the core concepts. The book also covers ancillary topics like trading psychology and market mechanics that help traders understand the why rather than just the how of technical analysis. Despite the wide breadth of knowledge, the book is very approachable and easy to understand for novice traders

Technical Analysis for Beginners

This product was recommended by Tara Orcutt from Veggieslicious

You may make large returns while limiting your risks if you learn how to trade based on what the charts tell you. 90% of new traders lose money because they make the following six common mistakes: They make no comparisons between chart patterns and other indications. They put their entire bank account on a single trade. They have no idea how to calculate the risk/reward ratio for each trade. Even if you’ve never heard a single trading audiobook before, you’ll grasp how to become a successful technical trader right away.

Study Guide to Technical Analysis of the Financial Markets

This product was recommended by Phillip Villegas from Three Pedal Mafia

Readers obtain a complete and easy overview of the area of technical analysis, with a special emphasis on futures markets, from how to read charts to comprehending indicators and the critical role technical analysis plays in investing. This book, which has been updated and expanded to meet the needs of today’s financial world, is required reading for anybody interested in watching and understanding market behaviour.

Charting and Technical Analysis

This product was recommended by Rousseau Vestal from Find The Aisle

You’ll be able to spot market tops and bottoms, as well as stock bottoms and tops, as they emerge. This is extremely important information, and you should never try to trade or invest without it. Because they have a Mutual Fund, most consumers believe they don’t need this information. Nothing could be further from the truth. Investing your hard-earned money should be done with your own understanding of market direction, when to buy, and when to sell. As a result, you’ll almost always enter the market at the incorrect time and with the wrong investment. So learn to safeguard your funds or deposit them in a bank.

How to Make Money in Stocks

This product was recommended by Steve Anderson from Junk-Yard-Near-Me

This book is a classic work on technical analysis. In this book, you will see so many technical strategies and tips for finding entry points, exit points, and minimizing risk.

Encyclopedia of Chart Patterns

This product was recommended by Steve Anderson from Junk-Yard-Near-Me

This book extensively covers chart patterns along with detailed shades on identifying, utilizing, and interpreting chart patterns for trading with great clarity.

Technical Analysis from A to Z by Steven B. Achelis

This product was recommended by Theola Tinney from Vinpit

In the first half, the principles and standard terminology used are presented in an easy-to-understand fashion, making it an excellent read for beginners learning the basics of technical analysis. The second portion of this book explains over 100 technical indicators and a wide range of regularly utilized chart patterns in a clear and concise manner. The author’s meticulous approach to describing each of the indications and showing them with pertinent practical examples in this top technical analysis book is what makes it so useful.

How Technical Analysis Works

This product was recommended by Kimberly Silva from Findpeoplefirst

A lot of people don’t know about technical analysis or how it tends to work and why. This book is a great addition to any of the other ones because it will help you understand how you’re using visualizations. The author doesn’t play any games when he talks about how technical analysis works and why it generates revenue.

Market Timing with Moving Averages

This product was recommended by Kimberly Silva from Findpeoplefirst

What I like about Market Timing with Moving Averages is that it only looks at one thing at a time. The moving average is the only thing that matters. It’s not a secret that moving averages are important to traders of stocks, bonds, futures, and other types of goods and services. There are several possibilities for using the moving average in trading, and this book shows you how to back-test a strategy such that you can be even more sure that it will make money before you invest your money.

Think & Trade Like a Champion by Mark Minervini

This product was recommended by Charles Cridland from YourParkingSpace

Every trader should read this book authored by the two-times US Investing championship winner. Mark answers the most pressing question about trading—’is there a holy grail to technical analysis?’; ‘No’ is his answer. He explains how a strategy may perform well in one market condition but fails in another, which boils down to risk management. The book shows how an optimal risk/reward ratio can make a trader profitable even with a low trade success rate. Moreover, he discusses his trading style and signature strategy, the Volatility Contraction Pattern (VCP).

How to Day Trade for a Living by Andrew Aziz

This product was recommended by Mike Ward from The Finances Hub

Andrew advocates technical analysis/trading as a profitable and flexible profession and considers it a serious business. I like how this book adopts a realistic approach to technical analysis, a person may get lucky with their first trade, but they are bound to fail if they do not respect the market.

The Art and Science of Technical Analysis by Adam Grimes

This product was recommended by Marc Lamber from Lamber Goodnow Injury Lawyers

It is one of the most comprehensive books on technical analysis. It covers so many topics about the market structure and price action, all systematically and logically. The book starts with some fundamental concepts, and then Grimes puts out a personal view of what works in the market. He discusses the concept of a testable edge where whatever pattern you believe in should be backtested for its profitability. Grimes encourages walking through the past, testing the accuracy daily, whether you use a subjective pattern mentioned in the book or a mythical pattern you created. There is no shortcut to this process, and you can not count on paid gurus to get it done for you.

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