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Getting Started in Chart Patterns - Softcover

 
9780471727668: Getting Started in Chart Patterns

Synopsis

An accessible guide to understanding and using technical chart patterns

Chart pattern analysis is not only one of the most important investing tools, but also one of the most popular. Filled with in–depth insights and practical advice, Getting Started in Chart Patterns is designed to help both new and seasoned traders profit by tracking and identifying specific chart patterns. Expert Thomas Bulkowski opens with a basic discussion of chart pattern formation and how bad habits can hurt trading. He then moves on to introduce over 40 key chart formations as well as numerous trading tactics that can be used in conjunction with them. Readers will benefit from the specifics (actual trades with dollar amounts) outlined throughout the book and the frank discussions of how trading behavior can affect the bottom line. Anecdotes from Bulkowski′s own trading experiences are also included to shed light on how one of the best in the business goes about trading with chart patterns.

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About the Author

THOMAS N. BULKOWSKI is a successful investor with twenty–five years of experience trading stocks. He is also the author of Trading Classic Chart Patterns and Encyclopedia of Chart Patterns (both from Wiley), as well as a contributing writer for Active Trader; Stocks, Futures & Options; and Technical Analysis of Stocks & Commodities magazines. Before earning enough from his investments to "retire" from his day job at age thirty–six, Bulkowski was a hardware design engineer with the Raytheon Company and a senior software engineer for the Tandy Corporation.

From the Back Cover

AN ACCESSIBLE GUIDE TO UNDERSTANDING AND USING TECHNICAL CHART PATTERNS

GETTING STARTED IN CHART PATTERNS

"When it comes to chart reading, Thomas Bulkowski can be categorized as a sui generis [constituting a class alone]. Combining objective analysis with a fictional element has resulted in a highly entertaining read, one that any trader will benefit from."
Jayanthi Gopalakrishnan, Editor of Technical Analysis of Stocks & Commodities magazine

"Nobody explains the nuts and bolts of how exactly to use chart patterns to make real money in trading like Tom Bulkowski. I always do better in my own trading after reading a Bulkowski book. This is the practical, down–to–earth guidance you have been looking for in books on technical analysis. Bulkowski doesn′t give you platitudes he gives you live examples. Even better, he admits that patterns don′t always deliver what we expect and he quantifies both success and failure rates for the top moneymaking patterns. Nobody writes about chart work better than Bulkowski."
Barbara Rockefeller, independent trader and advisor (www.rts–forex.com) author of Technical Analysis For Dummies

"In Getting Started in Chart Patterns, Bulkowski offers easy–to–apply advice for looking at charts and making them work more effectively for you in your trading. It is his passion; it probably also will become yours after reading this book. A must for budding technicians!"
Gail Osten, Executive Editor of Stocks, Futures & Options (SFO) magazine

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