Product Description
Select top-performing stocks in bull, bear, or non-trending markets
In this follow-up to his bestselling book, Using Technical Analysis, Clifford Pistolese reveals how to effectively apply technical analysis in your day-to-day trading decisions in order to select stocks with the greatest profit potential.
Selecting Winning Stocks Using Technical Analysis gives you practical techniques and exercises for quickly evaluating stocks using simple methods of technical analysis. Pistolese shows you how to conduct your own independent research to obtain objective data and identify investment opportunities, allowing you to shed broker fees and avoid conflicts of interest. He provides expert advice on tactical trading errors, controlling your emotions, and steering clear of the “herd mentality,” as well as how to:Locate companies with effective business models
Complete with lists of small cap and large cap growth stocks that have large capital gain potential, Selecting Winning Stocks Using Technical Analysis gives you the power to select profitable investments, keep your costs to a minimum, and ensure that your own interests receive top priority.
20 Aug
7:05 pm on August 20th, 2010
This was the first book on technical analysis I have read about three years ago. I will start with the stuff I felt the author could have done a better job with in the book. Through out the book the charts patterns are drawn to give examples of… lets say a head and shoulders stock pattern. The problem with drawing charts is that in real life charts never come out perfectly drawn for us to notice. Thus, it made the book simplistic and you get the since of understanding when in reality, you are not really learning from the drawn charts. Other books I have glanced at have real charts showing a head and shoulders pattern. Some patterns are not easy to spot, so using this book to start familiarizing with chart patterns is not a good idea. Unfortunately I have no recommendations for other technical analysis books at this time. I didn’t continue reading on the subject until now. I am currently going to read Technical Analysis Plain and Simple: Charting the Markets in Your Language (3rd Edition), I will eventually review that one.
What I loved about the book is that it was an easy read; I appreciate that since some books are a pain to get through, but you need to gain the knowledge from the book. I also was glad the author put in a glossary, even though you can Google any word and get countless definitions its always nice if something is accessible. In retrospect, the author did his best to stuff a fairly small book with major concepts that can easily be split into separate books for a more through understanding of the different subjects. In my opinion the author rushed through key subjects. Thus, I give this book two and a half stars (its shown as three stars, Amazon doesn’t allow two and a half stars yet). I believe this, nor any other book deserves a 1 star; because it takes more time to write a book than it does to write a measly review.
Cheers.
Rating: 3 / 5
8:53 pm on August 20th, 2010
If you have no idea about technical analysis then you may find this book of some use. If on the other hand you have spent more than a few hours reading about TA on the web then this book will disappoint you. It is very simplistic in its approach and never really goes much deeper than showing you a chart and telling you if it is good or not. This book really isn’t about analysis as much as picture matching.
The book can be divided into four parts. The first quarter of the book discusses TA. The second quarter discusses fundamental analysis. The third quarter is a multiple choice quiz and the last quarter is a glossary. Considering the book is only 200 pages this means things are very superficially covered. There are much better books on TA. This one is very disappointing.
Rating: 2 / 5
11:17 pm on August 20th, 2010
This book is not at all what it claims to be. It shows a basic line chart of a stock whose price is rising and tells you this is a bullish stock and you should invest in it. Then it shows a line chart of a stock whose price is falling and tells you this is bearish so do not invest in this stock. The only technical indicator mentioned is a moving average and it is not explained in any detail. It then tells you that you should also consider investing in stocks with a good dividend. ABSOLUTELY NOTHING in here will help you select a winning stock. I can only guess that the 5-star raters know the author.
Rating: 1 / 5
12:10 am on August 21st, 2010
Great book. I’d recommend it to anybody considering using technical analysis for trading. Very insightful, easy-to-read and understand. Mr. Pistolese has many worthy reads on the subject. I’ve learned a lot and have yet to be disappointed.
Rating: 5 / 5
12:32 am on August 21st, 2010
Please read before buying:
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I bought this book with an intention that, I will be able to analyse the charts of the market and a specific stock. Of course, all know that ‘history is not basis for future of any stock’.
After reading this book, I was not at all satisfied. Only very basic charts (only 3 basic graphs) were explained and that too only for few pages. I believe, that basic information need not be bought and should be found any where on the internet. The graph you see on the cover page of the book (some triangle it is called) and I expected the explanation of such a triangle (which i believe is a good concept) in this book, but it was NOT there in the book.
I don’t even suggest this book for the very beginner. There is seriously nothing in this book, NOTHING. Believe me friends, please don’t waste your money on this book.
In a nut shell, this book will not help you in any way to select a winning stock, defeating the basic title/purpose of the book.
Rating: 1 / 5