Technical Analysis for Beginners: Take $1k to $10k Using Charting and Stock Trends of the Financial Markets with Zero Trading Experience Required

This is an excellent book about learning how to sucessfully trade as a beginner, and is also useful for the more experienced traders, owing to the detailed insights and references provided. From the outset, there is an definite essence of authenticity that has gone into the composition of the content, in terms of its detailed analysis, examples, bonuses and colourful illustrations. My favourite part of the book is being able to resonate with the author following their highlights and mishaps. For a beginner like myself, it was a unexpected surprise documenting the humor, including the research aspects. Highly recommended.

Some great advice about the pitfalls of investing and the danger of emotional behaviour, lack of discipline and hoping to get rich quick. Investing is a long term strategy with money that you do not need and which you hope will return more than the money in a bank, the value of which is eroded by inflation. Perhaps this is a timely tome. There are useful end of chapter quizzes and with Guy Spier's The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment, this book will provide a good platform for an investor. Penn's book is interesting and helps to demystifying technical analysis. With algorithms charting the trajectory of the stock market, it might be a little ambitious to suggest you can move from 1k to 10k after reading this as movements are picked up by large investors who make such great progress, though they do not reveal their losses when they highlight their gains, but I have no doubt that Penn's guide to technical analysis could make you much more money if you take his advice. His explanations clarify the obfuscation and obscurity of the financial markets and give you plenty of sound advice. If you intend to go into the quagmire of investing, or are already 'playing' the stock market, I would say this was an essential tool to aid success. It will help you to understand analysis more clearly and that has to be vital if you are investing money, which after all you worked hard to get and want to work harder for you.

This is a great book for beginners it’s easy to understand plus the bonus content give you loads of information if you are thinking of starting trading/investing I would definitely recommend this book

Well written and thorough look at the basics of TA and trading. As someone who has been in crypto for a couple of years now, I've been slowly learning the ropes as I've gone. This book has really helped to consolidate my prior knowledge and push it on a step or two. Explanations are clear throughout with lots of good analogies to help understand the core concept. Would hugely recommend.

I have enjoyed reading this. The author has an easy to get on with writing style and makes it simple to understand indicators and signals. I'm on my second reading of the book which I highly advice before getting started to solidify information learnt.

This is a good book and very easy to read. There are , of course, a multitude of books on this subject so it is hard to find something new or innovative but the book has a friendly feeling and will be welcomed by people who want to learn some of the rudiments of trading. My only criticism is the title. I do not regard it as being for beginners as I think the stages of learning are not given sufficient time to be fully absorbed and there is a lack of practice time to really embed the knowledge that is necessary for success. This is the same with most literature about technical analysis so it is a common defect. There are some ways in which I think the book could be improved but that is only my opinion and hey! what do I know about writing. At least it is concise and reader friendly so, on the whole, I was happy with the purchase.

I found this book a really useful way to understand and get started in TA. An honest and realistic way to start a trading or investment journey.

Very quickly, the book has helped me to understand some of the basics of TA with personal and what seems like sincere experience of the author to guide the reader. As it is with most things, one has to decide what you get out of ''anything'. Hence trading with the knowledge would be a matter for the individual. But in terms of logic and clarity of thoughts and presentation, this is a cool book to read.

A. Z Penn has written a down-to-earth, easy-to-understand guide to market investing for the beginner, complete with a free online companion masterclass and additional online resources. Even if, like me, you aren't going to be investing at this time in your life, this book makes many arcane investing terms, theories, and practices of investing clear. Not only does Penn explain things very simply but he includes a full glossary of terms and many simple-to-understand diagrams of stock-market patterns. His syntax is good and breezy, with lots of humor and great analogies thrown in. He is not pushing any kind of get-rich-quick scheme but, on the contrary, continually urges caution and watching for the pitfalls many investors fall into. Particularly important are practicing your understanding and pretend earnings & losses first by keeping a paper tally for months before you invest any real money. And always, always, always setting automatic "stop-losses" at the same time you make a purchase. His chapter on investing psychology is excellent, and he warns against getting too greedy or succumbing to FOMO (fear of missing out). Penn's book is particularly appropriate for those who feel they'd like to pick stocks and try short- or medium-term trading. As he makes clear, this requires plenty of time and attention, as well as a little money to invest. ($1,000 is ideal for a beginner, but $500 is fine too.) He uses market charts as "a way of looking at securities' price data and using it to predict the probable future performance of that security" based on many probability indicators and patterns you can learn to recognize in the data. He teaches you how to draw on and analyze many different types of charts, to "do the work yourself and understand what you're doing." Multiple choice quizzes at the end of each short chapter, while often humorous, show you whether you've grasped the salient points of the chapter. If you commit to following his method and advice, you should make a profit, he says, on 70 percent of all your trades, which is a pretty good percentage as these things go, and you can prevent losses from ever becoming more than your gains. And again, even if you don't dip your toe in the market, you will at least understand it better and understand why other people in your life might enjoy trading.

Very good Book for beginners. The autor explain you how to start technical analysis and the psychologie for succes. Thanks

Easy to read book even for us that don't speak English as their native language but manage basic trading vocabulary. Due to the printing method all charts are in black and white but they are available free in publishers web service. As a bonus, you can order free current trading tips from the author to your email.

Well written in a language that even a newbie can understand. The info helped increase my understanding of stock charts and to understand key indicators and patterns. The psychology chapter was beneficial by way of increasing my patience.

It is always good to learn from a good teacher. Penn is very clear in explaining the trends, indicators and strategies in share market. A must read before starting the journey of wealth creation in shares.