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Technical Analysis for Beginners, Part One: Stop Blindly Following Stock Picks of Wall Street’s Gurus and Learn Technical Analysis

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“Best Money Can Buy! Author has a deep understanding of trading and its technicalities and most importantly knows how to present it.” — Jan M. Ostapiuk

“Awesome book, Great buy! Great quick reference guide! Covers all the most popular TA patterns & indicators in short, quick and to-the-point layout.” — Angel Arsi

“Loads of great information!! There is lot of information contained in this book!!! I plan on this being my bible for the next several weeks.” — BC Hanson

“Beginners will benefit the most of this book.” — J. Olea

It’s strange to observe that in an age where information is so abundant and easy to access, a very small number of investors understand how to use stock charts. Many believe that the up-and-down level of a share is strongly connected to a company’s profitability. Either because of doubt or a lack of understanding, most traders and investors trust their friends, colleagues or pseudo-specialist gurus to help them make good trading and investment choices.

This book has been written to help the new traders who trust blindly in those close to them, their colleagues or financial gurus, and want to understand chart patterns before investing in stocks.

Stock Market Investing for BeginnersTechnical Analysis for Beginners Part One is easy to understand, and it addresses the people who want to use tools that allow detection of buy-and-sell signals. This book includes more than 100 examples, figures and tables that will help understand investments visually. Several stock market charts show entry points, exit points and even false signals.

Learning How to Be an Intelligent InvestorThe best way to foresee the future is to analyze the past. This book is a guide to avoiding many traps in the financial markets. I will show you how to use the stock market charts and how to enrich them with indicators, which will allow you to enter and exit the market at the right time.

Know How to Spot the Market’s TrendNumerous examples show you how to highlight the trend, the support, the resistance and the trend channel, as well as the positive and negative divergences and the candlestick patterns.

Identify Breakout and Breakdown on the Financial MarketsThe term "breakout" is associated with multiple upward figures and marks the debut of a new rising trend. Learn to detect and use breakout to make good selections of stocks.

Identify Bullish and Bearish PatternsSome patterns allow anticipating a configuration or a trend reversal. The examples are improved with comments and symbols that facilitate comprehension.

Know How to Use the Different Types of IndicatorsThere are a great number of technical indicators. New ones are created each year. However, you should limit their use and make a choice among the four families of indicators that

Trend indicatorsMomentum indicatorsVolatility indicatorsVolume indicatorsTrading in the Zone and Avoid TrapsTechnical analysis cannot guarantee 100 percent success. The traps can be detected on a graph, but they can also come from the ones that make purchase recommendations to you, such as people that provide pump-and-dump scenarios or stock promoters from the web. Graphic analysis of the shares is essential before any investment.

Trading PsychologyIt’s difficult to leave your emotions aside when your portfolio has lost 10 percent in just one day. Don’t put yourself in vulnerable situations.

154 pages, Kindle Edition

Published July 5, 2018

40 people are currently reading
18 people want to read

About the author

Charles G. Koonitz

47 books5 followers
Graphic designer, illustrator, investor, blogger, freelance writer and webmaster. I likes produce books that help people solve technical problems.

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Displaying 1 - 3 of 3 reviews
4 reviews
June 9, 2020
A great resource on the subject

You know that feeling when you finish reading a book and feel like you've actually learned something? Author presented the topics in a logical and simple way for even novices to follow along. I will reread a couple of chapters periodically to sharpen my TA skills.
1 review1 follower
December 3, 2018
Never use the word never this many times

The beginning of chapter 4 says to never invest more than $2000-2500 in any one stock. I get the intent, but this should be a percentage of assets recommendation, not a dollar value. This, to me, shows a financial immaturity of the author. Also, what if the value goes up above the recommended amount? Rebalance? What?

Also, it recommends you never buy in more on a losing stock, which is silly. A stock that is still fiscally sound, but is available at a cheaper price is a good buy, not a bad one.
2 reviews
February 8, 2022
Thank you it was very helpful

I learn so much about the stock market and it how works. I recommend reading these book for Educational purpose.
Displaying 1 - 3 of 3 reviews

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