The good and the bad

mightymayesy

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Hi,

Two books.

1 good. 1 bad.

Any recommendations for my next technical analysis read?

Cheers,

S.
 

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I use to own the second one before DVDs. It probably was good, one can learn from even bad books. Even if you get just one or two things it'le be worth it.
I think I gave it away.
Even tho' I'd call myself technical trader, I found books like that just too strict
about rules ect. If you stuck by all the rules for setups, one would never trade.
Personally, I gain a lot more from biographies and true stories.
My last read "Money Ball" although not a stock market book gives great insights into mental make up.
And the biggest awakening was how people on the outside (the inexperienced) can often have better insight of what's wrong then people on the inside.
 
Just study James 16 method of simple support and resistance for entries.

It is really the exits that count when it comes to profitability. I can guarantee you that ANY method no matter how unreliable it is would still get you into trades that turn profitable at least 50% of the time once the buy/sell button is pressed. The real issue comes when you need to grab the profits.

I never started making money in this game until I started focusing on exits.
 
Thank you MoonRocket and Safvan.

I have decided on;

The Definitive Guide to Point and Figure, du Plessis, Jeremy.

S.
 
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