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Sunday, October 7, 2012

101 Charts for Trading Success by Zak Mir is the Weekend Book Review from UK-Analyst

101 Charts for Trading Success

by Zak Mir

A book review by Luka Lukic of t1ps.com

CLICK HERE TO BUY 101 CHARTS FOR TRADING SUCCESS FROM AMAZON

Zak Mir, editor of the UK's leading technical analysis website Zaks-TA.com , has shot straight to the top of the investment charts with his new Kindle ebook 101 Charts for Trading Success. 101 Charts offers readers an insight into some of the most significant events to affect the financial markets in history, from the Wall Street Crash of 1929 to the Dot-com bubble of the late 1990s, and explains how traders could have used technical analysis to have made big profits in these volatile markets.

Zak goes into considerable depth on these subjects, claiming that if a trader does not know his economic history he is doomed to fail. Zak openly admits that the book benefits from perfect hindsight, but notes that its aim is not to claim that technical trading is easy. Instead, its goal is to show its readers how to detect the first glimmer of a big market move.

Starting with analysis on indices such as the FTSE or Nikkei, Zak moves on to examine a number of individual companies and the signs that pointed to their imminent rise or fall. The book is split into sections covering a variety of events, such as IPOs, takeovers and profit warnings, and provides examples of various techniques that would have given indications of price trends. Each example provides a detailed explanation of how to spot the signal, how to set up your position and when to exit.

While technical analysis is generally considered to only apply to large companies, Zak also provides insight and examples of how it can be successfully applied to penny stocks and that, if done right, this is where the largest profits can be found. The book primarily focuses on equities but Zak also touches on commodities, such as gold and oil, and demonstrates how his methods can be applied across a wide range of asset classes.

While he does cover some of the most intricate of techniques, Zak points out that it is often the simplest techniques that can be the most profitable, but also the hardest to execute correctly. The book, which is lively and clearly written, makes a refreshing change from many other of the many dry and complicated technical analysis books on the market. 101 Charts is ideal for both novice technical analysis and experienced traders alike and at just £4.11 for your Kindle is an absolute bargain!

CLICK HERE TO BUY 101 CHARTS FOR TRADING SUCCESS FROM AMAZON

Visit www.SquareMileBookstore.com for the ultimate range of investment, trading and business books, personally selected by investment experts, with exclusive free reviews from some of the UK's foremost investment writers.



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