Getting Started In Technical Analysis By Jack Schwager !!top!! [TESTED]
: Detailed coverage of bar, close-only, point-and-figure, and candlestick charts.
Jack Schwager’s "Getting Started in Technical Analysis" serves as a foundational guide for transitioning from predictive trading to structured, pattern-based market analysis. The book emphasizes mastering chart types, recognizing trends, managing risk through techniques like the 3% rule, and developing a disciplined, psychology-driven trading routine. For a detailed summary of these core concepts, visit Amazon.com Getting Started In Technical Analysis By Jack Schwager
"If a pattern is obvious to everyone standing in Times Square, it is probably a trap." For a detailed summary of these core concepts, visit Amazon
Never risk more than 1-2% of your total account equity on a single trade. He teaches the beginner to look at the
Head and Shoulders, Double Tops/Bottoms, and Triangles.
Before candlesticks (which he covers), Schwager emphasizes the high-low-close bar chart. He teaches the beginner to look at the range (volatility) and the close (the final vote of value).
Schwager is ruthless here: