Technical Charting for Profits
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Technical Charting for Profits
An introduction to technical analysis with a free software and data offer from one of the top names in the business
This indispensable book will guide traders and individual investors through the most important—and profitable—advances in today’s investment arena. Technical Charting for Profits explains technical analysis topics to traders in an accessible manner, and covers how to apply them in actual trading practice. Filled with helpful sample charts, graphs, and end-of-chapter quizzes, Technical Charting for Profits:
- Teaches you the basics of understanding and using indicators
- Includes a CD-ROM video and 30-day free data trial of the most widely distributed charting software package in the industry
- Covers both theory and practice of technical analysis
Chart your course for financial success today with the priceless lessons in this much-needed book.
User Ratings and Reviews
4 Stars Well Worth It
Well worth the price and the read. Very technical and precise. You’ll need to read it at least twice but the rewards are astronomical: you’ll actually begin to understand how to invest with knowledge (not fear) in the game of the stock market.
1 Star Honest effort, but badly written for target audienmce
First of all, the writing style. Larson’s writing style is easy to follow, but the book itself is badly edited, with lots of padding. For example, we learn on P.69 about the 25 day DMA and two pages later the 200 DMA is presented. I had hoped for a better discussion of TC2000’s proprietary indicators, MS, TSV and BOP, but the book presents a rehash of the documentation supplied with the software.
More important is the book’s target audience. Don’t even bother buying this book uless you intend to use Worden’s TC2000 charting software. All discussions, indicators and charts are explained using this software as reference. On the other hand, if you have this software, you presumably already have a good understanding of the standard and proprietary indicators supplied with the package, and don’t need lengthy tutorials on moving averages and relative strength. In this respect, the book’s audience is unclear.
For me, what the book missed was material for the advanced TC2000 user, such as using the software’s scanning and programming language capabilities. I assume that Larson himself is an advanced TC2000 user, it would have been nice if he had included some trading strategies making use of the software’s advanced capabilities.
Sadly, all this is missing.
5 Stars THIS BOOK WAS EXTREMELY HELPFUL ESPECIALLY WITH PARALYSIS ANALYSIS IN TRADING OPTIONS.
THIS IS ONE OF THE BEST OPTION BOOKS I HAVE EVER READ.IT TOTALLY CLEARED UP MY CONFUSION WITH INFORMATION OVERLOAD.IT WAS VERY HELPFUL TO READ MARKS THOUGHT PROCESSES BEHIND THE TRADE AS WELL AS TO LOOK AT THE CHARTS WITH HIS IDENTIFIED TECHNICALS.HIS DETAILED DESCRIPTIONS ENABLED ME TO SEE WHAT I WAS DOING WRONG.THIS BOOK TOTALLY INCREASED MY CONFIDENCE LEVEL IN TRADING OPTIONS AS WELL AS THE PROFITS I HAVE MADE SEVERAL MONTHS IN A ROW SELLING NAKED PUTS ON ABAX , WEBX AND SBUX. THANKS LARSON!!!! MARY
5 Stars Excellent Introduction to technical aspects of trading
A very helpful insight into some of the most commonly used technical indicators for market and individual security price trends. The book offers good explanation of what each indicator is designed to measure and how some of the indicators are used together. Concise, easy to understand and apply—a good resource for anyone investing in paper assests.
5 Stars Sow shall you Reap
Mark has written & spoken of his years of successful trading to thousands across the United States & other countries. I have known him for several years & consider him a sincere giver who is willing to help anyone who is interested in improving their investment skills.
Mark not only can talk the talk BUT he truly can walk the walk. He is proud to display his investment portfolio & does so in many of his investment classes. May God continue to Bless Mark & his family.
