The book consists of 12 chapters, the main purpose of which is to present the technical knowledge needed to achieve successful transactions in the stock market and to address the problems encountered by traders in studying stock charts and conducting stock market analyses。
Among the readers of the book are some who are initially involved in the stock market, some who wish to learn about markets and transactions before entering the market, and others who, more or less, already have some practical trading experience, but so far have actually done so on the basis of what they call “intuitiveness” or on the basis of advice from family and friends and others. Now they are aware that traders can profit from the stock market, but not by luck or blind advice。
The third category of readers of this book is a number of experienced and even very successful traders or investors. They have become aware of the importance of technical analysis, which can help them to correctly interpret market trends and thus choose the right trading signals and timing。
Of course, it does not exclude individual readers who are trying to find in this book a magic “key of all power” that can help them to accumulate wealth without any effort。
There is no doubt that this book is not suitable for this last category of readers. There is no “one-size-fits-all key” that opens the door to market wealth. Using the research equipment of large financial institutions, mr. Shabak, the founder of the shabak technical analysis methodology, has tested hundreds of trading “systems” and formulae by article (please note that the tests are not paper-based, but rather based on the actual results of the market), and has not found any one of the most powerful trading rules. To achieve sustained stability of profits, traders must conduct a comprehensive and continuous analysis of current market trends, based strictly on the principles of technical analysis。
(on this point, we can just say that the pace of technological analysis has never stopped, nor will the future. In addition to the classic pattern of supply-demand relationships, market patterns are dynamic. All the technical and analytical knowledge presented in this book has been validated in the market for many years, consistent with the dynamic dynamics of the market.) so, for those traders who wish to find the secret of market transactions in this book, we can only say that the more time you invest in the book, the more knowledge you get from it, the more you can get from it, and only after you truly understand and understand it through real market transactions, will you get a very strong return from the market。
Dealers who study technical analysis need not have doubts. We are confident that every effort will pay off and will sharpen your thinking. It has been said that in practice, it is only through continuous practicality that traders can truly understand and master technical analysis. Complex or exaggerated mystical theories have proved to be ineffective, as a large number of studies have shown that the use of these theories for trading results is not ideal. On the contrary, the validity of the technical analysis has been recognized, and once the corresponding knowledge is available, each trader may use these basic principles and methods for his or her own research or analysis, and the trader does not have to incur any additional costs in relation to purchasing statistics or transaction proposals。
In short, the book is suitable not only for ordinary investors who spend only about one hour a day, who can trade for hundreds of dollars, but also for full-time professional traders。
Another objective the book seeks to achieve is to build the capacity of traders to think and analyse independently. There is no doubt that only traders with independent thinking, independent analysis, independent operational skills and confidence in their own operations can take advantage of the market. The purpose of this book is to enable traders, after learning and acquiring the relevant knowledge, to analyse themselves confidently, discover opportunities and determine the timing of the sale。
Even ordinary traders with limited intelligence can earn reliable profits from the stock market in the long term and in a stable manner, as long as they are able to do so properly, even if they are able to do so in a quiet manner, even though such a crazy market situation from 1928 to 1929 will not cause them to suffer as much as thousands of other traders. Moreover, investors find an interesting fact: in fact, stock exchanges are one and only commercial activities that can continue to be profitable during periods of economic recession and boom。
Technology analysis and stock market profit forecast: the shabak classic, father of technology analysis sciences - https://book. Douban. Com/subject/2698177/
