Review: Better Understanding
Rating: 4 out of 5
Date: 05 25, 2014
Candlestick Charts is a good text that all beginning traders needs in order to understand what the other books mean when they show graphs.  What made author Daniels book unique was its basic explanation of what the candlestick indicators mean and how investors use these indicators to show trends.  What I took from the text was the fact that these charts are almost indespensible in researching things like trend analysis which is reading trends among multiple markets.  Candlesticks seem to be more important in showing the trader how not to lose money as opposed to dealing exclusively in how to make money.  The successful trader will learn how to read these indicators to accurately show when a given stock is trending upwards as opposed to trending lower over a set period of time.  Another book that I wish I had read first as this makes other texts more understandable.  A good read.  The only qualm I may have with the book is its simplicity makes you wonder if there is more to it than just this.