A very good book on technical analysis,

John Murphy is just over 500 pages a very good overview of the technical analysis that is suitable as an introduction to the topic. Initially there is a brief definition of fundamental analysis, then this book is based on incremental: Trend, the definition of trend lines, reversal and confirmation patterns, candlesticks, indicators, etc. It will also deal with a lot of mistakes and pitfalls, in particular, but not only, The beginner like groping and ultimately cost the trader a lot of money and can bring appropriate frustration.

I think very positively also Workbuch with "exam questions" at the end that asks when working through even the exact working through and thinking through the various chapters.

As the name implies, the


book Technical Analysis. Therefore, I have therefore no overall illumination of the fundamental and random walk expected theory. Similarly, the reader should be aware that technical analysis of market activity is now once measured in figures. A study of mathematics is nevertheless not necessary.

From my perspective the book is recommended for all who are interested in technical analysis. Those who reject this principle will therefore find little joy in the book.

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