A Beginner's Guide to Charting Financial Markets: A practical introduction to technical analysis for investors - Softcover

Kahn, Michael

Softcover

ISBN 10: 1905641214 ISBN 13: 9781905641215

Publisher: Harriman House, 2007

Synopsis

This book is about arming investors with one simple tool that will enhance the investment decision-making process - the chart. It is not the Holy Grail and even if applied exactly as offered there is no guarantee that the reader will be successful. But owning a high quality hammer is no guarantee that the user will build a beautiful house. The hammer is a tool and in most cases the user will still need other tools - and knowledge - to build that house. Despite its enormous and still growing popularity, technical market analysis still gets a bad rap.Purveyors of this art have been called tealeaf readers and many similar names but that has nothing to do with what technical analysis is attempting to do. If we strip away all the fancy indicators and obtuse jargon what is left is time-tested method of finding investment opportunities and assessing their risk. There is no fortune telling here; only figuring out what we can do about the market. And what we do is the only part of the markets that we can control. It should be stressed that this book will not replace the reader's current methods of stock selection and investment strategies. What it can do, however, is add a new dimension to the analysis to confirm or refute what is already known. Basically, there is no need to give up other methods for selecting stocks although by the end of the book the reader may be drawn to further learning and eventually discover that charts can, indeed, be the primary, if not sole, investment decision-making tools.

About this title

Review:

Michael Kahn's new book is a nice, clear attempt to explain the art of technical analysis to novices. [It] fulfils its stated purpose very nicely, and will help newcomers decide whether technical analysis is really for them. --Dominic Picarda, Investors Chronicle

About the Author:

Michael N. Kahn currently writes the twice-weekly column 'Getting Technical' for Barron's Online. He also produces a daily technical market newsletter, Quick Takes Pro. Previously, he was chief technical analyst for BridgeNews, a division of Bridge Information Systems. He has been a regular guest on the Nightly Business Report on PBS, has appeared on CNBC and was the editor of the Market Technicians Association newsletter Technically Speaking. His first book, Real World Technical Analysis, was published in January 1998 and his second, Technical Analysis: Plain and Simple, is now in its second edition (2006) and is published in several languages. Prior to writing technical commentary, Mr. Kahn was a senior product manager for Knight-Ridder Financial before that company was merged into Bridge. He was responsible for the marketing design of several of the firm's charting software platforms and launched technical analysis coverage for Knight-Ridder Financial News. He was also a co-editor of the Tradecenter Market Letter. Prior to joining Bridge/Knight-Ridder Financial in 1986, Mr. Kahn was a senior municipal bond specialist with Merrill Lynch. He also worked in the Financial Planning Department at Shearson Lehman American Express. Mr. Kahn holds a Bachelor of Arts in Physics and Economics from Brandeis University and a Master of Business Administration from New York University. He is also working on his Chartered Market Technician professional designation.

About this edition

• Publisher: Harriman House
• Publication date: 2007
• ISBN 10: 1905641214
• ISBN 13: 9781905641215
• Binding: Paperback
• Edition number: 1
• Number of pages: 160