Getting Started in Chart Patterns
Your plain-English guide to understanding and using technical chart patternsChart pattern analysis is not only one of the most important investing tools, but also one of the most popular. Filled with expert insights and practical advice from one of the best in the business,Getting Started in Chart Patterns, Second Editionhelps new and seasoned traders alike profit by tracking and identifying specific chart patterns.Substantially revised and expanded, this new edition of the popular guide now includes additional charts for ETFs and mutual funds. It introduces more than 40 key chart formations, as well as trading tactics that can be used in conjunction with them. It supplies actual trades (with dollar amounts), along with author Thomas Bulkowski's frank discussion of how trading behavior can affect the bottom line. Interwoven throughout the technical presentations are fascinating anecdotes drawn from the author's quarter-century as a professional trader that vividly demonstrate how one of the best in the business leverages the power of chart patterns.Praise for the first edition ofGetting Started in Chart Patterns"When it comes to chart reading, Thomas Bulkowski can be categorized as a sui generis [constituting a class alone]. Combining objective analysis with a fictional element has resulted in a highly entertaining read, one that any trader will benefit from."—JAYANTHI GOPALAKRISHAN, Editor ofTechnical Analysis of Stocks & Commoditiesmagazine"Nobody explains the nuts and bolts of how—exactly—to use chart patterns to make real money in trading like Tom Bulkowski. I always do better in my own trading after reading a Bulkowski book. This is the practical, down-to-earth guidance you have been looking for in books on technical analysis. Bulkowski doesn't give you platitudes—he gives you live examples. Even better, he admits that patterns don't always deliver what we expect and he quantifies both success and failure rates for the top moneymaking patterns. Nobody writes about chart work better than Bulkowski."—BARBARA ROCKEFELLER, independent trader and advisor (www.rts-forex.com); author ofTechnical Analysis For Dummies"InGetting Started in Chart Patterns, Bulkowski offers easy-to-apply advice for looking at charts and making them work more effectively for you in your trading. It is his passion; it probably also will become yours after reading this book. A must for budding technicians!"—GAIL OSTEN, Executive Editor ofStocks, Futures and Options (SFO)magazine