ON THE STUDY OF STOCK CHARTS

The above is from a book entitled How To Make The Stock Market Make Money For You.  I know, kinda cheesy right? But looking past the title the content offers some fine gems of wisdom.

As a technical trader I find the analogy of the general in the filed of battle an apt one.  Technical traders watch and wait for their strategic opportunity.  When it comes they take action.  And as in any field of battle some are won and some are lost.

By the way, you won’t find this book at your local bookstore.  It was published in 1966.

Reading the markets hasn’t changed because human nature hasn’t changed.

It’s the same as it ever was.

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