Technically...I'm a virgin

[Amarillo Slim]

Hey guys,

Is there any books or resources that would be good for a beginner regarding technical analysis for share trading?

The only exposure I have to any type of technical trading is through David Bullen's book Fake, My Life as a Rogue Trader. And we all know how that turned out

Also, why is technical trading so important and how does it tie in with Fundamental analysis etc.

Thanks...AS

 

[sam76]

check out Louise Bedford's Trading Secrets (might be available from ASF bookshop)

It's an excellent introduction to technical analysis.

hint - go to your local library and see what's there. You might be suprised...

Cheers, Sam

 

[sam76]

Also, why is technical trading so important and how does it tie in with Fundamental analysis etc.
Thanks...AS

Fundamental analysis tells you which stocks to focus on while technical analysis tells you when to enter the trade.

 

[Milk Man]

Adaptive Analysis, by Nick Radge. Especially important are the first 50 odd pages on risk and money management.

 

[wayneL]

Adaptive Analysis, by Nick Radge. Especially important are the first 50 odd pages on risk and money management.

I'll second that, more important than all the squiggly lines and pretty colours.

 

[It's Snake Pliskin]

Hey guys,

Is there any books or resources that would be good for a beginner regarding technical analysis for share trading?

The only exposure I have to any type of technical trading is through David Bullen's book Fake, My Life as a Rogue Trader. And we all know how that turned out

Also, why is technical trading so important and how does it tie in with Fundamental analysis etc.

Thanks...AS

Books is plural so, Are there any books....?

Yes there are.

Radge, and Tharp

 

[GreatPig]

I'd also add Leon Wilson.

GP

 

[lesm]

amarillo,

There are some references at the URL below that you may find of interest:

http://www.trading-naked.com/Articles_and_Reprints.htm

Would also support the recommendation on Nick Radge's book mentioned by other posters.

Cheers

 

[michael_selway]

Fundamental analysis tells you which stocks to focus on while technical analysis tells you when to enter the trade.

yeah i agree,

generally i think Technical Analysis is a step behind Fundamental Analysis imo

thx

MS

 

[It's Snake Pliskin]

Invest in a bear market based on fundamentals..... and that bank account looks a great! :alien2:

 

[wayneL]

Invest in a bear market based on fundamentals..... and that bank account looks a great! :alien2:

 

[bullmarket]

Hi Amarillo

Hey guys,

Is there any books or resources that would be good for a beginner regarding technical analysis for share trading?

The only exposure I have to any type of technical trading is through David Bullen's book Fake, My Life as a Rogue Trader. And we all know how that turned out

Also, why is technical trading so important and how does it tie in with Fundamental analysis etc.

Thanks...AS

I am an investor who uses fundamentals to identify potential investments and then I look at their charts to help time buying points. I have posted an overview of the fundamentals process I go through in other threads. If interested maybe do a search for 'NPV' on my posts.

Anyway, re reading material there is plenty on the internet and books I have suggested reading are:

"Trading on the Australian Stock Market: A beginner's Guide" by Thornton

"Chart Trading" by Daryl Guppy or any of his books I suppose.

"Trading With A Plan" by Compton & Kendall

Hope this helps

bullmarket

 

[Amarillo Slim]

Thanks for all the replies guys. I'll get Nick Radge's book and get stuck in and go from there.

Thanks a lot Bull Market, I did check out your NPV calculations...Brilliant.

I've always been good with figures, stats etc. so I'm looking forward to getting a lot more into the technical side of things. Thanks again guys.

...AS

 

[charttv]

you may find something of use here

www.pollux.biz/charttv

 

[yogi-in-oz]

Hi Amarillo,

..... there's a mountain of technical education at:


Click here for techie stuff .....


Be sure to check the detailed technical info,
in the left-hand menu ..... and all for FREE.

happy dayz

yogi

 

[mlennox]

yeah i agree,

generally i think Technical Analysis is a step behind Fundamental Analysis imo

thx

MS

what an absurd comment to make...

fundamental is normally a step behind technical as you'll see a breakout or higher volume before you get the news about what caused it...

my

 

[michael_selway]

what an absurd comment to make...

fundamental is normally a step behind technical as you'll see a breakout or higher volume before you get the news about what caused it...

my

Nono but u knew the good news was going to come eventually for this stock because it was fundamentally good, thats why u bought it early BEFORE the breakout even started

Also technically it may be good to buy a bad fundamental stock because there was is a "breakout", but before u can escape, it plunges (because it wasnt a fundamentally good stock ie more risky being technical rather than fundamental)

More generally, the charts (technical analysis) is a result of the fundamentals affecting the stock

thx

MS

 

[Bobby]

Greetings,
:brille:
There are not only Fundamental & Technical analysis but a third form.
Those that have found it won"t tell you, but hint! sometimes.

Maybe there is a ASF member who will tell a hint or two ?

Bob.

 

[It's Snake Pliskin]

Greetings,
:brille:

I am sniffing it out now.

Fundamental, technical.....in the rubbish bin.

Lets just say most are delusional. Sorry, I'm not trying to offend, just calling it as I see it.

Snake

 

[Bobby]

Greetings,
:brille:

I am sniffing it out now.

Fundamental, technical.....in the rubbish bin.

Lets just say most are delusional. Sorry, I'm not trying to offend, just calling it as I see it.

Snake

Ha Ha Ah , :
Nice impersonation !

Go Snake

Bob.