Skip to Content
Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition
book

Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition

by Michael N. Kahn
June 2006
Beginner
352 pages
7h 6m
English
Pearson
Content preview from Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition

Chapter 19. Risk Versus Reward—Is This Stock Really Worth It?

Chapter 18,“Just What Makes a Stock (Bond, Commodity) Look Good?,” examined what makes a stock a good candidate to buy. This chapter looks more closely at what makes for a good trade. It is a subtle difference. This is where the monetary potential of a stock is assessed, rather than just its paper prospects.

Think about the difference between doing cosmetic dental work on a child and on an adult. The child’s teeth will eventually fall out as the adult teeth grow in. Unless there is a significant health benefit to be gained, the dental “transaction” will not be worth the costs and possible discomfort. The same is true for a stock. Unless transactions costs and the risk for a loss are ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Technical Analysis Plain and Simple: Charting the Markets in Your Language, Third Edition

Technical Analysis Plain and Simple: Charting the Markets in Your Language, Third Edition

Michael N. Kahn - CMT
Technical Analysis: The Complete Resource for Financial Market Technicians

Technical Analysis: The Complete Resource for Financial Market Technicians

- CMT Charles D. Kirkpatrick II, Ph.D. Julie R. Dahlquist

Publisher Resources

ISBN: 0131345974Purchase book