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Technical Analysis and Stock Market Profits: A Course in Forecasting (Traders Masterclass)
 
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Technical Analysis and Stock Market Profits: A Course in Forecasting (Traders Masterclass) [Paperback]

Richard. Schabacker , Donald.(Ed Mack

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Product Description

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.


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Amazon.com:  7 reviews
18 of 18 people found the following review helpful
Epic for its time 18 July 2003
By A Customer - Published on Amazon.com
Format:Paperback
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 another for the fact that it was written in 1932. However, an advanced trader will find this book useless other than for sentimental curiosity.
22 of 24 people found the following review helpful
Technical Analysis 30 July 2000
By A Customer - Published on Amazon.com
Format:Paperback
Do you want to know how everything started ? Do you want to know why this silly "Technical Analysis" really works ? Well, this is the right way to start. Do not believe in these new computer intraday graphs that stockbrokers try to push to you until you really knows how technical analysis really works. You may be a hero to them (who earn comissions on your trade)but your wife will probably hate you for losing your house.Please, learn how everything begin before you start trading in the market
17 of 18 people found the following review helpful
Gotta Start Somewhere 9 Aug 2000
By Eddie Arabaci - Published on Amazon.com
Format:Paperback
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 it...doesn't go into the "data" side of technical analysis as in ADX, MACD, RSI,...etc. But about a good a starting point as you're going to find. A great foundation builder.

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