Monday, April 15, 2013

Recommended Reading

Technical Analysis Plain and Simple 
Excellent overview of the whole idea of technical analysis. Covers a wide range of topics with enough depth for beginners to become proficient
http://www.amazon.com/Technical-Analysis-Plain-Simple-Charting/dp/0137042019/ref=sr_1_1?ie=UTF8&qid=1366068008&sr=8-1&keywords=technical+analysis+plain+and+simple

Getting Started in Candlestick Charting
Good overview of candlesticks as well as individual candlestick meanings (doji, etc.) and candlestick patterns. Focuses on reversal patterns. Also includes some trend analysis, gaps, and volume correlations. Wish it also covered continuation patterns, but still worth the read.
http://www.amazon.com/Getting-Started-Candlestick-Charting-Logan/dp/0470182008/ref=sr_1_1?s=books&ie=UTF8&qid=1366068180&sr=1-1&keywords=getting+started+in+candlestick+charting

How to Make Money in Stocks
If you're serious about combining fundamentals and technicals, get this book - if for no other reason that it comes with a one month trial subscription to http://www.investors.com and eIBD (which is roughly the price of the book). So you essentially get the book for free. And, even if you don't use the CAN SLIM system, the book is a great reference for bases and patterns.
http://www.amazon.com/Money-Stocks-Complete-Investing-System/dp/0071752110/ref=sr_1_2?s=books&ie=UTF8&qid=1366068555&sr=1-2&keywords=how+to+make+money+in+stocks

Trading for a Living
Excellent book on the psychology of trading and more.  My favorite parts are the psychological parts, but he also covers practical and useful technical analysis.  Highly, highly, recommended.

Note that if you order through Amazon from Elder, Dr. Elder will autograph the book for you.
http://www.amazon.com/gp/product/0471592242/ref=oh_details_o00_s00_i00?ie=UTF8&psc=1

Options as a Strategic Investment
The cover says it very well - The most comprehensive guide to options investing on the market.  While I personally would have arranged the content differently, all of the subjects and strategies are covered - in depth.  Also, this book makes a great companion to Market Wizards - because as you read through Market Wizards (especially as someone who's new to trading) the author glosses over strategies and pretty much assumes the reader knows what they are.  Well, if you don't, this book will fill you in.
http://www.amazon.com/Options-Strategic-Investment-Lawrence-McMillan/dp/0735204659/ref=sr_1_1?ie=UTF8&qid=1371952241&sr=8-1&keywords=options+as+a+strategic+investment

Technical Analysis for the Rest of Us
The only redeeming value in this book is that it does a decent job of reviewing bases/patterns.  Well, that, and it was only $4.00.  The first book in this post is a far better value.
http://www.amazon.com/gp/product/0071467211/ref=oh_details_o01_s00_i00?ie=UTF8&psc=1

A Beginner's Guide to Short-Term Trading: Maximize Your Profits in 3 Days to 3 Weeks
Excellent book, and highly recommended.  For those familiar with the NeUventure on Wall Street program, this book is an excellent review of many of the principles covered in Seminar I.  Although some of the website references are a little out of date, the book overall is a great refresher on the basics of trading rather than investing.
http://www.amazon.com/gp/product/1598695800/ref=oh_details_o00_s00_i00?ie=UTF8&psc=1

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