What Books For Trading Beginners Focus On Technical Analysis?

2025-08-09 10:49:01 272

4 Answers

Kate
Kate
2025-08-10 20:52:20
When I first started day-trading, 'Getting Started in Technical Analysis' by Jack Schwager saved me from blowing up my account. It’s short, straightforward, and focuses on the basics like support/resistance and volume. For crypto traders, 'Crypto Trading 101' by Kiana Danial includes a solid section on reading crypto charts with technical tools. And if you love stories, 'Reminiscences of a Stock Operator' isn’t technical, but it shows how legendary trader Jesse Livermore used price action—super inspiring alongside the textbooks.
Wesley
Wesley
2025-08-11 12:45:05
'Charting and Technical Analysis' by Fred McAllen is my go-to rec for absolute beginners. It skips the jargon and teaches you how to draw trendlines properly. 'The Little Book of Trading' by Michael Covel has a great chapter on using moving averages to spot trends early. For a quick read, 'Technical Analysis For Dummies' simplifies things without dumbing them down—perfect if you’re just dipping your toes in.
Caleb
Caleb
2025-08-12 19:35:22
I’ve been trading for a while now, and the book that clicked for me early on was 'Technical Analysis Explained' by Martin Pring. It’s got this no-nonsense approach to indicators like moving averages and Bollinger Bands that just makes sense. 'How to Make Money in Stocks' by William O’Neil isn’t purely technical, but his CAN SLIM method blends fundamentals with chart patterns in a way that’s super practical. Also, 'Trading in the Zone' by Mark Douglas isn’t about analysis per se, but it tackles the psychology behind sticking to your strategy—which is half the battle.
Harper
Harper
2025-08-14 00:59:51
I can’t recommend 'Technical Analysis of the Financial Markets' by John Murphy enough. It’s the bible for beginners—covers everything from candlestick patterns to trendlines in a way that’s actually digestible.

Another favorite is 'Japanese Candlestick Charting Techniques' by Steve Nison. This one dives deep into how candlesticks predict price movements, and it’s packed with real-world examples. For a modern twist, 'A Beginner’s Guide to Technical Analysis' by Matthew Driver breaks down complex concepts like RSI and MACD using simple analogies. If you’re into visual learning, 'The Visual Investor' by John Murphy pairs charts with clear explanations, perfect for spotting patterns early.
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