Technical Analysis and Stock Market Profits
| Author | : | |
| Rating | : | 4.33 (742 Votes) |
| Asin | : | 0273630954 |
| Format Type | : | paperback |
| Number of Pages | : | 480 Pages |
| Publish Date | : | 2018-02-15 |
| Language | : | English |
DESCRIPTION:
"Technical Analysis' Pioneering Vision" according to Craig L. Howe. Richard Schabacker, in this pioneering book, presents the art and science of technical analysis as an organized subject.In 1Technical Analysis' Pioneering Vision Richard Schabacker, in this pioneering book, presents the art and science of technical analysis as an organized subject.In 13 chapters, he discusses important reversal formations, minor reversal formations, major continuation formations, intermediate patterns and phenomena, trend line action, support and resistance levels, measuring rules and formations and trading tactics.First published in 1932, the book gives equal weight to a formation's potential and its flaws and warts. Originally devised as a practical investment course, it still sparkles with appli. chapters, he discusses important reversal formations, minor reversal formations, major continuation formations, intermediate patterns and phenomena, trend line action, support and resistance levels, measuring rules and formations and trading tactics.First published in 19Technical Analysis' Pioneering Vision Richard Schabacker, in this pioneering book, presents the art and science of technical analysis as an organized subject.In 13 chapters, he discusses important reversal formations, minor reversal formations, major continuation formations, intermediate patterns and phenomena, trend line action, support and resistance levels, measuring rules and formations and trading tactics.First published in 1932, the book gives equal weight to a formation's potential and its flaws and warts. Originally devised as a practical investment course, it still sparkles with appli. 2, the book gives equal weight to a formation's potential and its flaws and warts. Originally devised as a practical investment course, it still sparkles with appli. Epic for its time The ironic thing is, you couldn't tell it was written in 1932 or 2002 the techniques are identical to basic TA today , even the psychology section about cutting losses and trading with the trend sound familiar. Certainly revolutionary when it came out, it's somewhat dated now and a bit wordy. Anyone familiar with chart patterns - h&s, wedges, flags, triangles, trendlines will likely find nothing new in this book. Also, the explanations are a bit wordy though I suspect this was necessary when no one was familiar with it. I give it 3 stars for content and . Gotta Start Somewhere Very good and thorough. If you've had no technical analysis experience, this won't go over your head, and it won't bore you to death if you're somewhat familiar. Somewhat out of date in that it was written in the 30's, but the charts and formations it highlights are eerily valid, relevant, and applicable today as it was back then so you KNOW it's been time tested. Stocks don't chart any differently today than they did back then. Advanced technicians wouldn't like itdoesn't go into the "data" side of technical analysis as in ADX, MACD, RSI,etc. But about a
This book is a large part of the foundation of technical analysis as we now know it. This handsomely illustrated reproduction of Schabacker's landmark study of 1932 is a chartist classic. -- Markets, July/August 1998The Information is as solid today as when it was written more than 50 years ago. -- Technical Analysis of Stocks & Commodities, April 1998. Picking up where Charles Dow left off, Richard Schabacker achieved fame in the 1920's and 1930's with his seminal work in technical analysis, which he said was capable of finding "dependable profits in the stock market, year in and year out." Students of his work went on to build technical analysis into the refined discipline it is today
Schabacker achieved his financial fame in the 1920's and 1930's first as Financial Editor of Forbes and later as Editor of the Annalist, a weekend section of the New York Times. Richard W. . During this time he also authored three books: Stock Market Theory and Practice, 1930; Technical Analysis and Stock Market Profits, 1932; and Stock Market Profits, 1934
Richard W Schabacker's great work, Technical Analysis & Stock Market Profits represents one of the finest works ever produced on Technical Analysis. It is as alive, vital and instructional today, as the day it was written.