Trading: Technical Analysis Masterclass: Master the Financial Markets
- Downloads：6773
- Type：Epub+TxT+PDF+Mobi
- Create Date：2021-03-24 12:17:52
- Update Date：2025-09-06
- Status：finish
- Author：Rolf Schlotmann
- ISBN：1795471859
- Environment：PC/Android/iPhone/iPad/Kindle
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Summary
Trading stocks， currencies， futures， and other financial contracts is not actually complicated and anybody can learn it in a relatively short time。 This has been my daily experience for the past decade and even traders who have tried everything for years without success can make their first profits if the art of trading is explained to them in the right way。 However， the keyword “in the right way” is important here。
This book focuses on technical analysis， explanation and interpretation of price movements and chart patterns as well as on learning effective， ready-to-use trading strategies。 However， it is important to go beyond the usual technical analysis， and to analyze the behavior of traders based on psychological factors and phenomena of mass psychology as well。 The price movements on the international financial markets arise because millions of people interact with each other every day。 Buying and selling decisions are influenced by emotions and human behavioral patterns。
Whether we are looking at a speculator from China 200 years ago， a Wall Street pit trader from New York 80 years ago or a modern-day "Joe Bloggs trader”， trading from his/her smartphone – the human components， i。e。 emotions and instincts， hardly differ。 Greed， fear， uncertainty and the willingness to take risks have determined human actions for millennia and， of course， also how people have maneuvered their money around the world's markets for centuries。 Those who learn to read the buyer and seller interaction from the charts will be able to read and handle any price movement。 This is true because all price charts follow universal and timeless rules that can be successfully interpreted with the help of effective technical analysis。
Over the years， more than one million visitors have already searched for information about trading on our website www。tradeciety。com。 Every day， traders ask us how they can understand technical analysis and trading in a better manner。 This book is a result of the motivation to answer these questions collectively。 It is the book I would have wished for at the beginning of my trading career over 15 years ago。
The first section of this book provides comprehensive knowledge of the fundamentals and individual components of technical analysis and price analysis。 The second section focuses on the most important trading patterns as well as the correct interpretation of chart formations。 We will explore potential entry signal points and trading strategies so that traders can now already make sense of their own charts with confidence。 The third and final section focuses on developing a customized trading strategy。 In addition to an insight into important psychological trading concepts， traders will get numerous practical tips to ensure that they handle their trading professionally at the end of this book。
The goal of this book is it to enable the reader to look behind the price movements and understand why prices rise and fall， how buyers and sellers interact and thus to make effective trading decisions。 The comprehensive and step-by-step knowledge of technical analysis ultimately makes it possible to interpret any chart situation and， thus， hopefully， become an independent trader。
This book focuses on technical analysis， explanation and interpretation of price movements and chart patterns as well as on learning effective， ready-to-use trading strategies。 However， it is important to go beyond the usual technical analysis， and to analyze the behavior of traders based on psychological factors and phenomena of mass psychology as well。 The price movements on the international financial markets arise because millions of people interact with each other every day。 Buying and selling decisions are influenced by emotions and human behavioral patterns。
Whether we are looking at a speculator from China 200 years ago， a Wall Street pit trader from New York 80 years ago or a modern-day "Joe Bloggs trader”， trading from his/her smartphone – the human components， i。e。 emotions and instincts， hardly differ。 Greed， fear， uncertainty and the willingness to take risks have determined human actions for millennia and， of course， also how people have maneuvered their money around the world's markets for centuries。 Those who learn to read the buyer and seller interaction from the charts will be able to read and handle any price movement。 This is true because all price charts follow universal and timeless rules that can be successfully interpreted with the help of effective technical analysis。
Over the years， more than one million visitors have already searched for information about trading on our website www。tradeciety。com。 Every day， traders ask us how they can understand technical analysis and trading in a better manner。 This book is a result of the motivation to answer these questions collectively。 It is the book I would have wished for at the beginning of my trading career over 15 years ago。
The first section of this book provides comprehensive knowledge of the fundamentals and individual components of technical analysis and price analysis。 The second section focuses on the most important trading patterns as well as the correct interpretation of chart formations。 We will explore potential entry signal points and trading strategies so that traders can now already make sense of their own charts with confidence。 The third and final section focuses on developing a customized trading strategy。 In addition to an insight into important psychological trading concepts， traders will get numerous practical tips to ensure that they handle their trading professionally at the end of this book。
The goal of this book is it to enable the reader to look behind the price movements and understand why prices rise and fall， how buyers and sellers interact and thus to make effective trading decisions。 The comprehensive and step-by-step knowledge of technical analysis ultimately makes it possible to interpret any chart situation and， thus， hopefully， become an independent trader。
Reviews
Andrew Dato
，
I feel this title is misleading。 This gives you a great beginners guide but really doesn't go any further then that。 A lot of what is explained is basic tools you should know。 The issue is， he doesn't even go that comprehensive as you would think。 The best example is that he goes over candlestick charts but proceeds to only list a handful of them before telling you to go to his website for more。 Again， if you are starting out， this is perfect to check out to get your foot in the door with techni I feel this title is misleading。 This gives you a great beginners guide but really doesn't go any further then that。 A lot of what is explained is basic tools you should know。 The issue is， he doesn't even go that comprehensive as you would think。 The best example is that he goes over candlestick charts but proceeds to only list a handful of them before telling you to go to his website for more。 Again， if you are starting out， this is perfect to check out to get your foot in the door with technical analysis。 In my opinion， there are shorter and more specific books out there then this。 But give it a shot if you are just starting out。 。。。more
Suryakalyan
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It can easily be understandable for a newbie trader。。。the concepts are useful and it will provide more inputs for a trader to get a handful experience IT DEALS WITG WITH BASIC TECHNICAL INDICATORS， SUPPORT AND RESISTANCE， TRENDLINES AND BASIC CANDLESTICKS
Gábor László Hajba
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Good and quick introduction into TA， explaining the most used indicators and when to use them。If you want to understand TA fast， this is your entry point。
Aziz Aladib
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Short， kinda comprehensive and direct to the point。
Vishnu
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Good thing about this book is that it doesn't beat around the bush and directly gets into the core content about Technical Analysis of the market。 Which is really good if you're not interested in anything else。 However， the kind of details about technical analysis that they've shared in this book is pretty average。 There are easier ways to understand those topics than go through this book。 Plus there's nothing new to offer apart from the same old stuff about how to read candlecharts， how to read Good thing about this book is that it doesn't beat around the bush and directly gets into the core content about Technical Analysis of the market。 Which is really good if you're not interested in anything else。 However， the kind of details about technical analysis that they've shared in this book is pretty average。 There are easier ways to understand those topics than go through this book。 Plus there's nothing new to offer apart from the same old stuff about how to read candlecharts， how to read candle formations etc。 The best chapter was sadly the last one where there was some new perspective around some of the most commonly used indicators。 Until then， it's pretty average。 。。。more
Sebastian Godoy
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I'm trying to learn how to trade， I have read a few books about the subject。 but this one is "by far" the best one that I have read that explains really good the basics。I thought I had understood some concepts before but after reading this book， now I have it much more clear。Very recommended if you are in the learning phase。 I'm trying to learn how to trade， I have read a few books about the subject。 but this one is "by far" the best one that I have read that explains really good the basics。I thought I had understood some concepts before but after reading this book， now I have it much more clear。Very recommended if you are in the learning phase。 。。。more
David
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A littany of different patterns and indicators introduced。 Poor book formatting， and many pages ended half blank just for the image to be on the next page。 This was likely unintended， but still annoying。
Jaron Lewis
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Beyond thankful for this book！！！！I would highly recommend this book to anyone considering trading， this book not only covered all the essential information about candlesticks for me but also included what I thought was bonus material in reference to the indicators and how to use them。 I watched countless YouTube videos and hear a lot of traders only refer to the moving average。 I'll definitely be rereading again soon。 Beyond thankful for this book！！！！I would highly recommend this book to anyone considering trading， this book not only covered all the essential information about candlesticks for me but also included what I thought was bonus material in reference to the indicators and how to use them。 I watched countless YouTube videos and hear a lot of traders only refer to the moving average。 I'll definitely be rereading again soon。 。。。more
France
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Good beginner and refresher book。
arturo hernandez
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Great BookGreat BookSimple explanations。 Great Value。 Easy reading 。Definitely Highly Recommended for the newbies like me。 Two thumbs up
Peter Banachowski
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This is a great book if you have no background in day trading and want a crash course that's straight forward， easy to read， and lots of examples。 It taught me I will never be a day trader。 This is a great book if you have no background in day trading and want a crash course that's straight forward， easy to read， and lots of examples。 It taught me I will never be a day trader。 。。。more
Asher Manangan
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It gives an introduction to the basics patterns and terminologies in the stock market primarily focused on candlestick charting。
Alexandre C Correi
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Best Trading BookVery concise book about trading。 Direct to the point in so many aspects， im reading twice and will post a complete review later
Miel Ulryck
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Good introduction for beginners。 Now， what's the next step？ Any recommendations of other books？Thanks。 Good introduction for beginners。 Now， what's the next step？ Any recommendations of other books？Thanks。 。。。more
Jack
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Great for a beginner， providing great examples and a good introduction to popular indicators， patterns， and the methodology behind them。
James L
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A book about technical analysis for beginners。 It is easy to read with simple and clear graphs。 The only problem I had about the graphs is that the color was too light on my Kindle device。Technical analysis is not rocket science。 It is a supplement for making a better trading decision。 Simply finishing the book will not make you become a master in that area。 Experience， reflection， and continuous learning are the keys to success。 I like this book because it did not discuss too much details， but A book about technical analysis for beginners。 It is easy to read with simple and clear graphs。 The only problem I had about the graphs is that the color was too light on my Kindle device。Technical analysis is not rocket science。 It is a supplement for making a better trading decision。 Simply finishing the book will not make you become a master in that area。 Experience， reflection， and continuous learning are the keys to success。 I like this book because it did not discuss too much details， but give me a clear framework about technical analysis。 。。。more
Philip Melton II
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Challenging readIt may take a couple of reads to fully grasp the concepts that are in this book， but it’s full of valuable information to help strengthen your skills as a trader。
Swagat Gaikwad
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Fantastic book for people learning technical analysisThis is a fantastic book that not only introduces new traders to the world of technical trading， but also goes in depth into candlestick patterns， identification of trends， traps and indicators。 I'm a newbie in forex trading and this book has helpe me immensely in my rather steep learning curve。 Highly recommended to not just newbies but also experienced traders as it is a good reminder of the basics， fundamentals behind buying/selling， dynami Fantastic book for people learning technical analysisThis is a fantastic book that not only introduces new traders to the world of technical trading， but also goes in depth into candlestick patterns， identification of trends， traps and indicators。 I'm a newbie in forex trading and this book has helpe me immensely in my rather steep learning curve。 Highly recommended to not just newbies but also experienced traders as it is a good reminder of the basics， fundamentals behind buying/selling， dynamics behind trading and of course technical interpretation of charts。 。。。more
wakas ahmed
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Trader masterclassThe ideal book for beginner traders。 Cover everything you need to know to start you’re trading journey。 All the best
Tony WANG
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This book should be titled as Technical Chart Patterns for Dummies。 It contains really basic charting techniques and indicators with simple explanations。 This book also teaches you how to analyse common chart patterns like Double Top， Head and Shoulders， Ascending Triangle， Wedges etc。 and how to read and draw trendiness， support and resistance lines。MACD and RSI divergence can be fairly accurate to identify an exhausted rally。 Gradual higher highs are actually losing strength and a trend revers This book should be titled as Technical Chart Patterns for Dummies。 It contains really basic charting techniques and indicators with simple explanations。 This book also teaches you how to analyse common chart patterns like Double Top， Head and Shoulders， Ascending Triangle， Wedges etc。 and how to read and draw trendiness， support and resistance lines。MACD and RSI divergence can be fairly accurate to identify an exhausted rally。 Gradual higher highs are actually losing strength and a trend reverse might be around the corner。 Counter trend trading is one of the most risky tactic as it is not easy to predict an end of a rally。 It takes experience and practice to interpret price action or with momentum signals in order to not hit your SLs。 My advice: keep a healthy degree of skepticism using momentum and volatility indicators。 Most of the time high can get higher and low can get lower aka one will never know when exactly a stock is overbought or oversold。 Learn to use it with care。 The application of indicators are really more art than a set of rules to follow。 。。。more
James Cozzone
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The Quick Trading 101 for DummiesGreat book to get a very quick and comprehensive study into trading。 It's also good to brush up on trading knowledge。 The Quick Trading 101 for DummiesGreat book to get a very quick and comprehensive study into trading。 It's also good to brush up on trading knowledge。 。。。more
Gustavo Alberto Martins Ribeiro da Cunha
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Good book for learning beyond technicalsI think it is a good book to help us understand the dynamics of buyers and sellers behind the technical instruments and patterns that are known。 It gives a different perspective that will help us better understand why markets are moving。
Hany Fahmy
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Not so much infoSome parts are not clear specially at the end of the book ， I don’t find it so useful as it is missing many indicators
Chelsy
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FNGSomeone new to the world， I gave it 5 stars。 Easy read & thoughtful。。 Helped with my understanding of indicators amongst other things。
Sarah Allberry
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Solid adviceAs always you can rely on these gents to be clear， concise and reasoned。 This is solid trading advice。。。 stick to the plan。 Thanks chaps。
Luke Ethan
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Good summary of key trading concepts n toolsGood refresher book as it summaries key facts and important trading concepts， indicators （how to use n pitfalls） into a single book。
Stephen Reed
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Excellent book for the new trader！Really enjoyed this book。 Helped me understand charts and the indicators。 The sections on patterns was super helpful。 Recommended read！
Omar Ali
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Excellent BookI am a new trader and read multiple blogs and watched hundreds of YouTube videos， but did not really understand why and when to use which indicator。 This book simplified for me all that。 I strongly recommend to read this book if you are a new trader。
Maxx
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Simple and easy to understandHighly recommended especially for newbie getting into trading world。 Just follow rolf indicators itself you will have achieve awesome results。
Gert
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