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I guess Barbara must really know what she's doing to be able to get this published, because it's terribly written. And I don't mean it's too technical (I hold a physics degree, so I'm used to formulae and charts). It's just poor writing. For example:
- "Remember" and "Idea" points are supposed to highlight key ideas, but this author uses them for rambling paragraphs that sometimes add little. - It suffers from general wordiness. I bet she could half the number of words in the book. - I've found several grammatical errors throughout the course of the book, such as hyphenating "more-efficient". There are a few other inconsistencies that make the book difficult to read throughout. - She spends the first two chapters pretty much just defending Technical Analysis from would-be critics. I get it. It's not perfect. I picked up your book, so I'm already giving you the benefit of the doubt. - The above point is extra strange considering that she talks about making predictions using the moon, stars and sunspots in chapter 18. I understand that it's good to keep these things in mind because people are irrational, but it came off as a bit silly after all that defending at the start.
There's more, but you get the gist. It doesn't feel like it's seen a professional editor. This book is a good starting point for technical analysis, but it needs serious editing before it should be valued at its current price.
Barbara Rockefeller writes clearly, and amusingly, for much of the time. But sometimes she seems to get bogged down and rambles. Maybe there are some aspects of technical analysis (TA) she finds boring. And fair enough. Some of it is pretty laborious and geeky. She compensates though with some snappy observations and personal advice that I found particularly helpful. One cannot accuse her of not knowing her subject. For some reason, William O'Neil's 'cup and handle' pattern is not mentioned in the index, which is something of an oversight given the pattern's popularity.
For me, the greatest weakness of the book is the lack of colour. It's nearly 2021, for goodness sake, and most of us are used to having coloured lines on our charts, especially things like the MACD. The chapter on the Ichimoku Cloud is almost hilarious because she has to describe the pink and green clouds, and the 5 different lines without mentioning colour - her efforts are valiant but in the end the chapter is nearly incomprehensible to a beginner. It's a bit like describing colour to a blind person. To be fair the fault lies with the publisher and not the author.
Overall this is a good book but it helps to have a good idea of moving averages. candlesticks and chart patterns before starting. Is this a book for dummies or beginners? Probably not. My advice to beginners would be to watch a few Youtube videos on technical analysis (there are hundreds of them, not all of them bad), and then read the book.
Technical analysis is interpretation of charts... I chose this book because the reviews to be encouraging . This book verbally describes basic concepts that should be shown graphically. I am poor reader, ( and not a technical analysis dummy ) . I have been having a real problem finding the right book for me to help others. I am grateful to amazon for letting me return it .
The book is amazing. Very clear, well explained, after taking stock market classes I needed more information. Most stock market educations give you bits here and bits there, but not everything. This book is a great and very helpful tool. I do recommend you to get also the other one on fundamental analysis too. Both go hand in hand.
Thank you Barbara for providing us with such insight and knowledge about technical trading, you are truly an expert. This book will take you from A to Z in technical trading if you are starting. But if you already have a head start, it will take you even further with lots of insights. This book is clearly above average in the "for Dummies series". Or maybe I was just dumber than I thought :-)
Tengo varios libros de trading for dummies, y este es muy malo, no sirve de nada. En lugar de ser un libro técnico es solo texto texto y mas texto, casi no tiene ejemplos prácticos, realmente no te enseña a usar las herramientas técnicas para el trading. Es demasiado general. No cumple su objetivo, busca otro libro para análisis técnico.