June 2006
Beginner
352 pages
7h 6m
English
book
Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition
by Michael N. Kahn
Content preview from Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition
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Chapter 31. Case Study—The Real World
The perfect world is a nice place in which to live and invest, but unfortunately, that is not the reality of the financial markets. There is a saying, “the market will try to do whatever it can to cause the most people to lose the most money.” Before beginning any financial exercise, remember that the market will rarely present itself clearly. This is the chapter where technical analysis can really be used to determine if your stocks are good or if your broker is recommending winners.
In the real world, nothing follows the theories we learn in school. Hospital patients do not respond equally to the same medicines. Economies do not respond to stimuli in the same way each time. Stocks do not follow technical ...
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