Technical Analysis for Beginners, Part Two: Riding the Stock Market Cycle

by Charles G. Koonitz

*** Second edition *** First, this book will not cover Elliot Wave. This book complements the first one Technical Analysis for Beginners or Stop Blindly Following Stock Picks of Wall Street's Gurus and Learn Technical Analysis. Any new investor to the financial markets will be eaten by the pros in a short period of time. To protect themselves, investors must rely on technical analysis. By using technical indicators, it’s possible to anticipate trend reversals. But to get there, the use of a charting platform and the understanding of the market cycle stages are essential for the investor. This book focuses on the four stages that make up the stock cycle. Being able to detect, before the crowd, the appropriate time to enter an upward stage is the key for any investor. Each stage can be recognized using technical indicators. In fact, everything you know about technical analysis will be used to analyze the market cycle. The use of technical indicators remains fairly simple. In this book, the technical indicators are grouped into two The combination of indicators, volume, lines and patterns with the stages of the stock market cycle leads to better control of trading stocks. Understanding each stage is a great way to anticipate the reaction of the markets. The concept of stages raises some issues in a consolidation period. Are indicators are about to launch an imminent breakout signal? Is a sell signal confirmed by other indicators? It’s not so easy to find the good stocks! The best way consists of using free or inexpensive screening solution. The use of a screening platform allows you to find the rare gems. Sample forms or search filters are available in this book. These filters can be adapted to any screening platform. The logic in creating search filters remains the same, no matter the screening service provider. Like in the first book, the visual aspect of technical analysis plays an important role. The book contains over 70 figures to help investors in understanding the interaction between the stages of the market cycle and the technical indicators and other patterns. This book does not sell a miracle solution to reap huge profits. The price of a stock is subject to external pressures. Understanding the four stages of the market cycle makes us able to identify when a stock is headed for an upward trend, about to fall, or simply sitting in a consolidation area.

105 pages, Kindle Edition

Published November 18, 2016

About the author

Graphic designer, illustrator, investor, blogger, freelance writer and webmaster. I likes produce books that help people solve technical problems.

Reviews

[Brian ochoa · Rating 5 out of 5]

Good book

Great for understanding indicators for beginners. Trading is about understanding what the charts are saying at time. Learning more about the market is important because you need to be confident on the decisions you make.