This review is from: All About Market Indicators (All About Series) (Paperback)
My first book on technical analysis of stocks was "Technical Analysis from A-Z". That was way, way over my head. I needed something a little easier to start out on and didn't kill me with math. This book is it and I would absolutely recommend it to anyone who wants to learn about these valuable tools for investing short or long-term. If you don't know anything about indicators (or a still relatively new to the subject) and are investing, I would urge you to read the material in this book. There are valuable lessons that could prevent serious financial hardship (like the simple rules around moving averages, which you can use to get a feel for where the market is going).
It is a primer. It is not an exhaustive study, and the author never makes a claim that it is. It's really a wonderful "appetizer" that shows you the different strategies. It also points you in the direction of where you should look next. He also does a nice little "back-test" to see which of the major strategies work. I found this useful in having a starting direction.
On a side note, I like Sincere's style. It's very easy to understand. I bought his book, "Understanding Stocks", for my teenage son. I have read two of his other books, "Understanding Options" and "101 Investment Lessons". "Understanding Options" I found to be a great starting overview of this complicated field; "101 Investment Lessons" was useful and should be read, but was a bit dated (it was written in the late 90s), and needs to be read with an open mind.
But this book -- Understanding Market Indicators -- I really believe is an absolute must-read if you are investing and are not familiar with technical analysis. It could save you a LOT of pain.
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