- Table of contents (6 chapters)
- TRADING BULL
- 67 Pages
- Business, Trading
About this Book
It is a simple book about trading called ‘Simple Trading Book: Technical Analysis Simplified.’ It is meant to help simplify technical analysis so that traders at different levels can easily comprehend it.
In a manner that is clear and comprehensible, the book simplifies technical analysis to its bare bones.
If you are a newcomer in the trade industry or you need to recap on your understanding of market movement, chart patterns and technical indicators, then this guide will be useful for you.
The book intends to give the readers basic resources which they could use to analyze markets effectively making them capable of making better trades.
What You'll Learn
- Technical Analysis Basic Concepts : Understand technical analysis basics such as market cycle, support and resistance, the trends etc. It is very easy to understand and apply these ideas.
- Patterns on a Chart : Learn about common chart patterns like double tops, triangles necklines, head and shoulders. These patterns can alert you to possible changes in the market or good trading opportunities.
- Signals from Technical Indicators : Understand how to use some of the common indicators among them RSI (Relative Strength Index), moving averages EMA (Exponential Moving Average), MACD (Moving Average Convergence Divergence) among others. Specifically, this guidebook provides information about trading with respect to these indicators.
- Simple Trading Tactics : Examine basic but efficient trading strategies based on technical analysis. The book gives step-by-step instructions on how to use your computerized tools for preparing a trading plan.
- Fundamentals of Risk Management : Grasp the significance of risk management and learn basic ways of protecting your capital through stop-loss orders setting up and position size management.
Who This Book Is For
- Beginner Traders : If you’re new to trading and want to learn the basics of technical analysis, this book is an ideal starting point. It breaks down complex concepts into simple terms, making it easy for beginners to understand and apply.
- Casual Investors : Investors who want to enhance their understanding of market analysis and improve their decision-making process will find this book a useful resource for learning the essentials of technical analysis.
- Traders Looking for Simplicity : If you’re a trader seeking a straightforward approach to technical analysis without getting bogged down in overly complex theories, this book offers a practical guide to the key tools and techniques.
- Students of Finance : Finance students who need a clear and concise introduction to technical analysis will benefit from the book’s simplified explanations and focus on core principles.
- Anyone Interested in Market Analysis : Whether you're an investor, trader, or simply someone interested in learning more about how markets work, this book provides a solid foundation in technical analysis.