Top 5 Books to Learn Technical Analysis (Learn More Earn More)

in mgsc •  6 years ago  (edited)

Hello Guys I Know that Many newbies entering the crypto Market to Earn passive income..
But many of them lose their money..

Did you know why they lose their money on their initial stage? Answer is simple they have No knowledge of Technical analysis.. If you are one of them Then don't worry here i am going to tell you My Favourite 5 Technical Analysis Books..


Here is the List..

1."Japanese Candlestick Charting Techniques" by Steve Nison

This book is the definitive volume on candlestick charting, which is one of the most commonly used technical analysis tools. Prior to Nison’s work, candlestick charting was relatively unknown in the West. He helped publicize the technique and train institutional traders and analysts at top investment banking firms. The book offers a thorough explanation of the subject, including explanations of virtually all candlestick patterns that are used by traders today.

2.“Technical Analysis of the Financial Markets” by John Murphy

This book is an approachable introduction to technical analysis that still provides a high level of detail and actionable insights. As a former technical analyst for CNBC with over 40 years of experience in the market, Mr. Murphy has become a leading voice for technical analysis and is highly skilled at conveying complex topics in an easy to understand manner. Novice traders may want to check out this book before diving into more complex topics.

3.“Encyclopedia of Chart Patterns” by Thomas Bulkowski

This book is truly an encyclopedia that contains an exhaustive list of chart patterns a statistical overview of how they have performed in predicting future price movements. Mr. Bulkowski is a well-known chartist and technical analyst and his statistical analysis sets the book apart from others that simply show chart patterns and how to spot them. The updated version of the book includes a section on event trading and patterns that occur with news releases.

4."Technical Analysis From A to Z" by B Steven Achelis


An excellent read for beginners to learn the basics of technical analysis that presents the concepts and standard terminology employed in an easy-to-understand format in the first part. Over 100 technical indicators and a wide range of commonly used chart patterns are explained in a lucid manner in the latter part of this work. What makes this work of such great utility is the methodical approach adopted by author in explaining each of the indicators and illustrating them with relevant practical examples in this top technical analysis book.

5."Elliott Wave Principle" Key to Market Behavior by by A.J. Frost, Robert R.


An excellent analytical work on Elliott Wave principle which proposes that stock market movements can be studied with the help of patterns which come together to represent larger wave-like movements. This work describes how an understanding of Elliott wave theory can help unravel the mysteries of seemingly random stock market movements and can be used to forecast future market trends with accuracy. The authors assert that the underlying scientific principle behind this system can be found at work in nature, art and mathematics as well as in human body and go on to analyze historical ups and downs with the help of this system. An almost academic work with practical applications in finance and study of stock market behaviour.

What do you think about this Books? And Which Book you should Read first? Reply fast in the comment Section

Liked the article? Please click here! for follow and don't forget to Upvote..

@avinashdebnath!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Source
Plagiarism is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam.

Spam is discouraged by the community, and may result in action from the cheetah bot.

More information and tips on sharing content.

If you believe this comment is in error, please contact us in #disputes on Discord

You got a 43.74% upvote from @th3voter thanks to: @avinashdebnath!



Image Source cloudinary.com


This post has upvoted from @th3voter !For more information, click here!

You can earn daily profit by delegating SP to our bot, 100% of earnings paid out to delegators. To do so, click below:
30SP, 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP, 10000SP,
Custom Amount
Make sure you have at least 15 SP left on your account.

You got a 17.89% upvote from @mitsuko courtesy of @avinashdebnath!

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.investopedia.com/articles/personal-finance/090916/top-5-books-learn-technical-analysis.asp

You got a 2.10% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @avinashdebnath! Delegate us Steem Power & get 100%daily rewards Payout! 20 SP, 50, 75, 100, 150, 200, 300, 500,1000 or Fill in any amount of SP Earn 1.25 SBD Per 1000 SP | Discord server

You got a 9.00% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

You have gotten a vote courtesy of @avinashdebnath!
They have enlisted the help of the @alliedforces!
We gladly answer your call!
(@alliedforces is a collaboration of witnesses @jatinhota & @enginewitty)
Have you supported your favorite witnesses?

Great post!
Thanks for tasting the eden!

You just received a 50.00% upvote from @honestbot, courtesy of @avinashdebnath!
WaveSmall.gif

You got a 11.83% upvote from @cabbage-dealer courtesy of @avinashdebnath!
Delegate today and earn a 100% share of daily rewards!

BOING! You got a 10.28% upvote from @boinger courtesy of @avinashdebnath!

You've received a lifting from @botox ! Consider delegating to earn passive income 20SP,50SP,100SP,200SP.
Tu viens de recevoir un lifting de @botox ! Envisager de déléguer pour gagner un revenu passif 20SP,50SP,100SP,200SP.

Nice article friend

Thanks

sab sir ke upar se gya

Q English weak hai isliye?

You just rose by 30.84% upvote from @getkarma courtesy of @avinashdebnath

The Encyclopedia of Chart Patterns is pretty handy for me

Me to

Good information, that u have provided.

Thanks bro

i love finacial analysis

All Books Are Good Amd helpful too
I would like to read All of these.!

@avinashdebnath nice blog buddy keep it up.

thanks bro

informative article bro

i just saw another book somewhere which i would definitely like to read: The subtle art of not giving a fuck.

yaar cheetah ne kardiya yaar.. tum marwaoge sabko

Thanks will get these books as soon as possible.

Good info. i m liking to read first (ENCYVLOPEDIA OF CHART PATTERNS)

thid analalysis have improve my trading skill