| Title | : | 7 Chart Patterns: Discount Investment and Stock Market Trading |
| Author | : | |
| Rating | : | |
| ISBN | : | - |
| ISBN-10 | : | 9798752378904 |
| Language | : | English |
| Format Type | : | Paperback |
| Number of Pages | : | 63 |
| Publication | : | Published October 23, 2021 |
There are two camps in the trading and investing
Fundamental Analysis and Technical Analysis.
If you are investing with “fundamentals,” you will
be interested in a company’s balance sheet, product focus,
and other prospects for earnings growth.
Fundamentals work great, but the problem is, which fundamentals?
Stocks with astronomic price to earnings ratios,
like Amazon, keep going higher. Stocks with bad news but
sound books and products go down. Trading with such
information is just downright hard—especially when the
market isn’t going up.
Since the day I first started trading some 20 years ago, I’ve
been fascinated and awed by the power of Technical Analysis
and Charting. According to my studies and from talking
with Nirvana customers, successful traders use technical
methods—almost exclusively. Chart patterns work! Why?
Because human behavior repeats itself. There are two forces
at greed and fear. What you see in charts is the transition
between investor elation and terror.
Seven Chart Patterns That Consistently Make Money is
purposely not a long book. I have seen chart books that
went on and on for 200 pages or more. You don’t need that
much information. After studying the markets for 20+ years,
I have come down to these seven patterns as the key predictors
of direction, in any market.
Fundamental Analysis and Technical Analysis.
If you are investing with “fundamentals,” you will
be interested in a company’s balance sheet, product focus,
and other prospects for earnings growth.
Fundamentals work great, but the problem is, which fundamentals?
Stocks with astronomic price to earnings ratios,
like Amazon, keep going higher. Stocks with bad news but
sound books and products go down. Trading with such
information is just downright hard—especially when the
market isn’t going up.
Since the day I first started trading some 20 years ago, I’ve
been fascinated and awed by the power of Technical Analysis
and Charting. According to my studies and from talking
with Nirvana customers, successful traders use technical
methods—almost exclusively. Chart patterns work! Why?
Because human behavior repeats itself. There are two forces
at greed and fear. What you see in charts is the transition
between investor elation and terror.
Seven Chart Patterns That Consistently Make Money is
purposely not a long book. I have seen chart books that
went on and on for 200 pages or more. You don’t need that
much information. After studying the markets for 20+ years,
I have come down to these seven patterns as the key predictors
of direction, in any market.
