John Murphy - Technical Analysis of the Financial Markets.

CFA General
#1

I just picked this book up at the library. Has anyone read it? What are your thoughts?

#2

It is excellent, many traders and technical analysts consider this as a core component of their required education. I recommend Murphy’s Intermarket Analysis as well.

#3

I have this book and another one by Martin Pring. I have only skimmed them though - haven’t had the time to read these things thoroughly.

#4

About 3/4 of the way thru this one right now I think it is awesome…easy to read, concise yet very descriptive…goes from the very simple basics to more complex TA I recommend it big time After I finish this one I’m going to read techinical analysis of stock trends by edwards and magee…many consider it to be the bible

#5

ditchdigger2CFA Wrote: ------------------------------------------------------- > I just picked this book up at the library. Has > anyone read it? What are your thoughts? I’ve read it. Great overview. I’d recommend buying it down the road as a reference, because that’s what it really is

#6

Philip, we’re ENFJs and apparently, we read the same books too. Let’s start a hedge fund. ENFJ Capital LP

#7

TheAliMan Wrote: ------------------------------------------------------- > Philip, we’re ENFJs and apparently, we read the > same books too. Let’s start a hedge fund. ENFJ > Capital LP haha ok - sounds good. And we can hit up the gym + party after work, etc, as I recall you were paying attention to your omega 3/6s a few months back. My friend might be starting a hedge fund soon (who is an “ENTJ”, triathlete like myself, etc) - he is at a hedge fund now but looking to branch off

#8

I’m a new subscriber to his website, stockcharts.com. Never knew he wrote a book, if I ever get a chance I’ll pick a copy up.

#9

Why would anything in that book work? Does it work? When? Where?

#10

kaklan Wrote: ------------------------------------------------------- > Why would anything in that book work? Does it > work? When? Where? Does CAPM “work”? When? Where?

#11

kaklan Wrote: ------------------------------------------------------- > Why would anything in that book work? Does it > work? When? Where? Trend following is up +20% last year, so um yes. When there are trends. Long bonds, short equities etc etc etc Google managed futures and look at the results.

#12

If you are looking for good Books on TA, go to mta.org and skim their reading list for the Chartered Market Technician Level 1 exam.