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FAO: Professional Stock Investors
I'm looking for resources (books, websites, etc.) to learn how to read/interpret various stock charts. I would like something simple and concise that is geared towards the beginner/intermediate level. Only professional/expert people need respond. Thanks for your help!
So far I know about http:/www.stockcharts.com.
PS: If this is in the wrong forum section... oops
Simple and concise is exactly what investing isn't.
In the most simple terms there are two ways to make money investing.
1. Buy a stock, hold it, get dividends as the company does well.
2. Buy a stock, hold it, sell it at a higher price.
Beyond this it gets confusing, long winded, and debatable.
Every person is going to give you a different theory about how to invest and why.
I come from an engineering and clasical economics background, have experience in international resource trade, and read way to much about macro economics, politics, and international relations. This makes my thoughts on "stocks" longer term and rather general. I might be able to tell you elements of what you are looking for in a company, such as which countries are good, which currencies look sound, which industries are stable, but not which company to buy.
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| Originally posted by atbell Simple and concise is exactly what investing isn't. In the most simple terms there are two ways to make money investing. 1. Buy a stock, hold it, get dividends as the company does well. 2. Buy a stock, hold it, sell it at a higher price. Beyond this it gets confusing, long winded, and debatable. Every person is going to give you a different theory about how to invest and why. I come from an engineering and clasical economics background, have experience in international resource trade, and read way to much about macro economics, politics, and international relations. This makes my thoughts on "stocks" longer term and rather general. I might be able to tell you elements of what you are looking for in a company, such as which countries are good, which currencies look sound, which industries are stable, but not which company to buy. |
| quote: |
| Originally posted by atbell Simple and concise is exactly what investing isn't. In the most simple terms there are two ways to make money investing. 1. Buy a stock, hold it, get dividends as the company does well. 2. Buy a stock, hold it, sell it at a higher price. Beyond this it gets confusing, long winded, and debatable. Every person is going to give you a different theory about how to invest and why. I come from an engineering and clasical economics background, have experience in international resource trade, and read way to much about macro economics, politics, and international relations. This makes my thoughts on "stocks" longer term and rather general. I might be able to tell you elements of what you are looking for in a company, such as which countries are good, which currencies look sound, which industries are stable, but not which company to buy. |
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| Originally posted by FuzzyChicken Thank you for your quick reply, but unfortunately I was looking for resources specifically geared towards learning about stock charting (and the like). Not a basic lesson on investing. Again thanks for your help! |
| quote: |
| Originally posted by FuzzyChicken Thank you for your quick reply, but unfortunately I was looking for resources specifically geared towards learning about stock charting (and the like). Not a basic lesson on investing. Again thanks for your help! |
| quote: |
| Originally posted by atbell what do you mean by "stock charting"? |
Jeesh! I didn't realize this topic would be so difficult for people to understand/help with. 
I just wanted to learn more about how to interpret and understand various stock charts (ie: Point & Figure, and click here ) as well as general technical analysis of stocks.
Possibly books like this (but I would prefer user recommendations):
1) Encyclopedia of Chart Patterns (Wiley Trading) by Thomas N. Bulkowski
2) The Encyclopedia Of Technical Market Indicators, Second Edition by Robert W. Colby
3) Stikky Stock Charts: Learn The 8 Major Stock Chart Patterns Used By Professionals And How To Interpret Them To Trade Smart
4) How Charts Can Help You in the Stock Market
5) Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications
6) Select Winning Stocks Using Technical Analysis by Clifford Pistolese
etc. etc.
Basically, read my first post again but more carefully!
Edit:
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| Originally posted by Trancer-X http://www.esignal.com http://www.esignallearning.com |
| quote: |
| Originally posted by FuzzyChicken Jeesh! I didn't realize this topic would be so difficult for people to understand/help with. I just wanted to learn more about how to interpret and understand various stock charts (ie: Point & Figure, and click here ) as well as general technical analysis of stocks. Possibly books like this (but I would prefer user recommendations): 1) Encyclopedia of Chart Patterns (Wiley Trading) by Thomas N. Bulkowski 2) The Encyclopedia Of Technical Market Indicators, Second Edition by Robert W. Colby 3) Stikky Stock Charts: Learn The 8 Major Stock Chart Patterns Used By Professionals And How To Interpret Them To Trade Smart 4) How Charts Can Help You in the Stock Market 5) Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications 6) Select Winning Stocks Using Technical Analysis by Clifford Pistolese etc. etc. Basically, read my first post again but more carefully! Edit: I will look at these when I have more time. Sleep is calling me atm. Thanks for your suggestions! |
| quote: |
| Originally posted by FuzzyChicken Jeesh! I didn't realize this topic would be so difficult for people to understand/help with. |
| quote: |
| Originally posted by FuzzyChicken I just wanted to learn more about how to interpret and understand various stock charts (ie: Point & Figure, and click here ) as well as general technical analysis of stocks. Possibly books like this (but I would prefer user recommendations): 1) Encyclopedia of Chart Patterns (Wiley Trading) by Thomas N. Bulkowski |
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