Showing posts with label Technical Analysis of Stock Trends. Show all posts
Showing posts with label Technical Analysis of Stock Trends. Show all posts

Sunday, December 23, 2012

Wise Words

Among technical traders, the book Technical Analysis of Stock Trends by Edwards and Magee has long been regarded as an essential read. Originally written in the late 1940's, it is a treasure trove of wisdom that is still relevant today. Although I do not specifically trade the various chart patterns that are discussed in the book, the principle of following trends is the cornerstone of my own methodology.