Review: Essential Items Traders Should Understand
Rating: 5 out of 5
Date: 06 29, 2014
This book lays out the basic concepts -- chart patterns, indicators, sentiment ratios etc -- in a really easy to read fashion that I learned a lot from. It's done in a format similar to Market Wizards, where you learn about the techniques. While most swing traders shy away from fundamental analysis, the book covered the essential items traders should understand in a company's financial statements and how to arrive at a ball park estimate for a company's shares in a few minutes. The book has several charts to illustrate trading examples and stresses the importance of simplicity in designing a strong trading system.