Powerful Stock Chart Setups: Profiting from Technical Analysis and Bullish Patterns (Trading Strategies Book 1)
By Charles G. Koonitz
Synopsis
This book aims to shed some of the myths behind the stock market, especially the ones that seem to make little sense. The ones where a stock dips when it looks like it should shoot up and the trader is left with much less than they expected. By following the right charts, this author plans to show the reader how to keep track with the market when it goes bullish.
Review
Charles G. Koonitz sets out his stall with the idea that most stock market downfalls come when the right patterns are not followed, and that knowing when to enter the market and when to exit is the hardest part of all. This is not necessarily a surprise discovery, but finding critical insights into how to manage this can elevate trading to another level.
The author addresses questions over whether certain stocks and indices are better to sell short or hold on and see how the market develops, while also guiding the reader to sharpen their own intuition on the subject.
This book focuses on the idea of passing critical thought on any investment before giving it the green light and suggests that just because the patterns seem to indicate this is worthwhile, it does not always work out that way.
By learning which patterns are worth trusting, it makes it much easier to operate in a bullish market according to the author, as it is then more possible to know when the trends are due to reverse and the stock value is about to immediately fall.
There are illustrations, tools, and charts to help provide the kind of comprehensive guide that can suit any level of trader, as long as their intent is the same. It finishes off by showing how to filter out stocks to end up with an investment list that delivers more often than not.
Details
Paperback: 107 pages
Publisher: Tripod Solutions inc. (9 Mar. 2018)
Language: English
ISBN-10: 1989118003
ISBN-13: 978-1989118009
