Readers reviews of GETTING STARTED IN TECHNICAL ANALYSIS
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This is a comprehensive book on chart and
technical analysis methods and tools. It fills the gap between the beginners introduction
and the advanced and detailed coverage provides in books like Schwager on Technical
Analysis.
It does not include detailed formula for each
indicator discussed. Instead the focus is on explaining the market features the indicator
is designed to track. The coverage of trends, oscillator based indicators, chart patterns
and other features is good. Many of the charts examples are drawn from the futures market.
It is a handy reference book.
The second section deals with setting stops and
some related money management issues. Despite the lengthy discussion, I think these issues
are covered in a more practical sense in other books. However, this is a good starting
point for further analysis and exploration. The collection of chart examples with answers
is a useful addition to the book.
The third section dealing with software and
trading system development is a general introduction to this area. Again, use this as a
background before moving onto more specialized books which cover this complex topic in
greater depth and detail.
The final section deals with the personal
characteristics that are required for successful market trading. This is a good
comprehensive coverage of technical analysis and some of the issues related to trading. It
is a good book for those who want to move beyond the basics.

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