Title: Getting Started in Technical Analysis
Author: Jack D. Schwager
Year of Publication: 1999
Synopsis: "Getting Started in Technical Analysis," authored by Jack D. Schwager and first published in 1999, serves as an accessible and practical introduction to the field of technical analysis for both novice and intermediate traders and investors.
Jack Schwager, known for his "Market Wizards" series, provides a comprehensive yet beginner-friendly guide to understanding and utilizing technical analysis in financial markets. The book covers fundamental concepts such as chart patterns, technical indicators, trend analysis, and support and resistance levels.
Schwager's approach emphasizes the visual aspects of technical analysis, with numerous charts and examples that illustrate key principles. He also delves into the psychology of trading and the importance of discipline and risk management.
"Getting Started in Technical Analysis" offers readers a step-by-step approach to applying technical analysis techniques to their trading and investment decisions. It provides practical advice on how to select the most appropriate indicators, develop a trading plan, and interpret price charts.
The book is designed to demystify technical analysis, making it accessible to those with limited prior knowledge of the subject. It serves as a valuable starting point for individuals looking to incorporate technical analysis into their trading strategies and gain a deeper understanding of market trends and price movements.
