Trading stocks, currencies, futures, and other financial contracts is not actually complicated and anybody can learn it in a relatively short time. This has been my daily experience for the past decade and even traders who have tried everything for years without success can make their first profits if the art of trading is explained to them in the right way. However, the keyword "in the right way" is important here. This book focuses on technical analysis, explanation and interpretation of price movements and chart patterns as well as on learning effective, ready-to-use trading strategies. However, it is important to go beyond the usual technical analysis, and to analyze the behavior of traders based on psychological factors and phenomena of mass psychology as well. The price movements on the international financial markets arise because millions of people interact with each other every day. Those who learn to read the buyer and seller interaction from the charts will be able to read and handle any price movement. This is true because all price charts follow universal and timeless rules that can be successfully interpreted with the help of effective technical analysis.Over the years, more than one million visitors have already searched for information about trading on our website www.tradeciety.com. Every day, traders ask us how they can understand technical analysis and trading in a better manner. This book is a result of the motivation to answer these questions collectively. It is the book I would have wished for at the beginning of my trading career over 15 years ago.The first section of this book provides comprehensive knowledge of the fundamentals and individual components of technical analysis and price analysis. The second section focuses on the most important trading patterns as well as the correct interpretation of chart formations. The third and final section focuses on developing a customized trading strategy. Technical analysis is not an easy or clear discipline, though. To master its concepts, tools, and approaches, one must possess a great deal of knowledge, talent, and experience. It also entails a great deal of difficulties, unknowns, and restrictions that must be resolved. Furthermore, technical analysis is always changing and adjusting to the dynamics and conditions of the market as well as to fresh advancements. Consequently, the goal of this book is to offer a thorough and well-rounded introduction to technical analysis, encompassing its theory, practice, and application. Six chapters, each concentrating on a distinct facet of technical analysis, make up the book. The book seeks to: Describe the basic tenets and presumptions of technical analysis, as well as how it varies from other market analysis techniques. Describe the many kinds of charts, their reading and interpretation, the prevalent chart patterns, and their meanings. Go over the different oscillators and technical indicators and how to combine and apply them to produce trade signals and confirmations. Explain how trading systems and strategies are developed, tested, and optimized. Show how to apply and modify technical analysis to various markets and time periods, as well as how to combine and enhance it with other techniques and information sources. Emphasize the real-world difficulties and traps that arise in technical analysis, how to avoid or go around them, and the best approaches and pointers for doing it well. Examine upcoming trends and advancements in technical analysis and learn how to stay abreast of and capitalize on them. Anyone interested in learning, developing, or using technical analysis-beginners, intermediates, or experts-is the target audience for this work. Although no prior experience or expertise of technical analysis is required, the book assumes that the reader has a basic understanding of trading and the financial markets.
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Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.