Is there any books or resources that would be good for a beginner regarding technical analysis for share trading?
The only exposure I have to any type of technical trading is through David Bullen's book Fake, My Life as a Rogue Trader. And we all know how that turned out :eek:
Also, why is technical trading so important and how does it tie in with Fundamental analysis etc.
Thanks...AS
sam76
13th-March-2006, 08:10 PM
check out Louise Bedford's Trading Secrets (might be available from ASF bookshop)
It's an excellent introduction to technical analysis.
hint - go to your local library and see what's there. You might be suprised...
Cheers, Sam
sam76
13th-March-2006, 08:14 PM
Also, why is technical trading so important and how does it tie in with Fundamental analysis etc.
Thanks...AS
Fundamental analysis tells you which stocks to focus on while technical analysis tells you when to enter the trade.
Milk Man
13th-March-2006, 08:31 PM
Adaptive Analysis, by Nick Radge. Especially important are the first 50 odd pages on risk and money management.
wayneL
13th-March-2006, 09:06 PM
Adaptive Analysis, by Nick Radge. Especially important are the first 50 odd pages on risk and money management.
I'll second that, more important than all the squiggly lines and pretty colours.
It's Snake Pliskin
13th-March-2006, 09:13 PM
Hey guys,
Is there any books or resources that would be good for a beginner regarding technical analysis for share trading?
The only exposure I have to any type of technical trading is through David Bullen's book Fake, My Life as a Rogue Trader. And we all know how that turned out :eek:
Also, why is technical trading so important and how does it tie in with Fundamental analysis etc.
Thanks...AS
Books is plural so, Are there any books....?
Yes there are.
Radge, and Tharp
GreatPig
13th-March-2006, 10:22 PM
I'd also add Leon Wilson.
GP
lesm
13th-March-2006, 10:49 PM
amarillo,
There are some references at the URL below that you may find of interest:
Would also support the recommendation on Nick Radge's book mentioned by other posters.
Cheers
michael_selway
14th-March-2006, 12:42 AM
Fundamental analysis tells you which stocks to focus on while technical analysis tells you when to enter the trade.
yeah i agree,
generally i think Technical Analysis is a step behind Fundamental Analysis imo
thx
MS
It's Snake Pliskin
14th-March-2006, 01:06 AM
Invest in a bear market based on fundamentals..... and that bank account looks a great! :alien2:
wayneL
14th-March-2006, 01:58 AM
Invest in a bear market based on fundamentals..... and that bank account looks a great! :alien2:
:xyxthumbs
bullmarket
14th-March-2006, 09:48 AM
Hi Amarillo
Hey guys,
Is there any books or resources that would be good for a beginner regarding technical analysis for share trading?
The only exposure I have to any type of technical trading is through David Bullen's book Fake, My Life as a Rogue Trader. And we all know how that turned out :eek:
Also, why is technical trading so important and how does it tie in with Fundamental analysis etc.
Thanks...AS
I am an investor who uses fundamentals to identify potential investments and then I look at their charts to help time buying points. I have posted an overview of the fundamentals process I go through in other threads. If interested maybe do a search for 'NPV' on my posts.
Anyway, re reading material there is plenty on the internet and books I have suggested reading are:
"Trading on the Australian Stock Market: A beginner's Guide" by Thornton
"Chart Trading" by Daryl Guppy or any of his books I suppose.
"Trading With A Plan" by Compton & Kendall
Hope this helps :)
bullmarket
Amarillo Slim
14th-March-2006, 11:52 PM
Thanks for all the replies guys. I'll get Nick Radge's book and get stuck in and go from there.
Thanks a lot Bull Market, I did check out your NPV calculations...Brilliant.
I've always been good with figures, stats etc. so I'm looking forward to getting a lot more into the technical side of things. Thanks again guys.
...AS
charttv
15th-March-2006, 12:19 AM
you may find something of use here
www.pollux.biz/charttv
yogi-in-oz
16th-March-2006, 09:30 PM
:)
Hi Amarillo,
..... there's a mountain of technical education at:
Click here for techie stuff ..... :) (http://www.incrediblecharts.com/index.htm)
Be sure to check the detailed technical info,
in the left-hand menu ..... and all for FREE.
happy dayz
yogi
:)
mlennox
11th-April-2006, 12:07 AM
yeah i agree,
generally i think Technical Analysis is a step behind Fundamental Analysis imo
thx
MS
what an absurd comment to make...
fundamental is normally a step behind technical as you'll see a breakout or higher volume before you get the news about what caused it...
my :2twocents
michael_selway
11th-April-2006, 12:43 AM
what an absurd comment to make...
fundamental is normally a step behind technical as you'll see a breakout or higher volume before you get the news about what caused it...
my :2twocents
Nono but u knew the good news was going to come eventually for this stock because it was fundamentally good, thats why u bought it early BEFORE the breakout even started
Also technically it may be good to buy a bad fundamental stock because there was is a "breakout", but before u can escape, it plunges (because it wasnt a fundamentally good stock ie more risky being technical rather than fundamental)
More generally, the charts (technical analysis) is a result of the fundamentals affecting the stock
thx
MS
Bobby
11th-April-2006, 12:50 AM
Greetings,
:brille:
There are not only Fundamental & Technical analysis but a third form.
Those that have found it won"t tell you, but hint! sometimes.
Maybe there is a ASF member who will tell a hint or two ?
Bob.
It's Snake Pliskin
11th-April-2006, 02:56 AM
Greetings,
:brille:
I am sniffing it out now.
Fundamental, technical.....in the rubbish bin.
Lets just say most are delusional. Sorry, I'm not trying to offend, just calling it as I see it.
Snake
Bobby
11th-April-2006, 03:10 AM
Greetings,
:brille:
I am sniffing it out now.
Fundamental, technical.....in the rubbish bin.
Lets just say most are delusional. Sorry, I'm not trying to offend, just calling it as I see it.
Snake
Ha Ha Ah , :p:
Nice impersonation !
Go Snake :D
Bob.
It's Snake Pliskin
11th-April-2006, 03:17 AM
Ha Ha Ah , :p:
Nice impersonation !
Go Snake :D
Bob.
Thanks.
Bobby
11th-April-2006, 03:27 AM
Hey Snake your box is full of inmail mate.You do need to clear some .
Bobby,.
It's Snake Pliskin
11th-April-2006, 03:31 AM
Hey Snake your box is full of inmail mate.You do need to clear some .
Bobby,.
I've done it.
wayneL
11th-April-2006, 04:10 AM
Greetings,
:brille:
I am sniffing it out now.
Fundamental, technical.....in the rubbish bin.
Lets just say most are delusional. Sorry, I'm not trying to offend, just calling it as I see it.
Snake
Delusional? Well rampant bull markets will certainly create, and feed delusions! But surely there is there a better mousetrap... and my curiousity is certainly piqued!!
Is the hint in the above? :sly:
Cheers
tech/a
11th-April-2006, 08:55 AM
Snake I agree.
We may attack it from different perspectives but wouldnt be suprised if on the same page if not the same book.
Analysis doesnt make the $$s.
It's Snake Pliskin
11th-April-2006, 12:32 PM
Delusional? Well rampant bull markets will certainly create, and feed delusions! But surely there is there a better mousetrap... and my curiousity is certainly piqued!!
Is the hint in the above? :sly:
Cheers
Wayne,
Yes, delusional in the the fact people believe what they analyse due to their biases.
No there wasn't a hint in my post before.
