Authored by TradeKing All-Star commentator and Barron’s Online columnist Michael Kahn, A Beginner’s Guide to Charting Financial Markets arms investors with one simple tool that will enhance the investment decision-making process: The chart. Charts are not the Holy Grail and - even if applied exactly as offered - there is no guarantee that the reader will be successful. But owning a high-quality hammer is no guarantee that the user will build a beautiful house, either. The hammer is a tool and in most cases the user will still need other tools - and knowledge - to build that house.
This book gives readers the essentials needed to look at a chart and get a feel for what the market or individual stock is doing. It will cover only the nuts and bolts of chart analysis, barely touching upon the next level concepts and definitely leaving the whiz-bang stuff well alone. A great read for beginning investors or more experienced traders who want to bone up on the essentials.