Technical Charting for Profits

A very helpful insight into some of the most commonly used technical indicators for market and individual security price trends. The book offers good explanation of what each indicator is designed to measure and how some of the indicators are used together. Concise, easy to understand and apply---a good resource for anyone investing in paper assests.

THIS IS ONE OF THE BEST OPTION BOOKS I HAVE EVER READ.IT TOTALLY CLEARED UP MY CONFUSION WITH INFORMATION OVERLOAD.IT WAS VERY HELPFUL TO READ MARKS THOUGHT PROCESSES BEHIND THE TRADE AS WELL AS TO LOOK AT THE CHARTS WITH HIS IDENTIFIED TECHNICALS.HIS DETAILED DESCRIPTIONS ENABLED ME TO SEE WHAT I WAS DOING WRONG.THIS BOOK TOTALLY INCREASED MY CONFIDENCE LEVEL IN TRADING OPTIONS AS WELL AS THE PROFITS I HAVE MADE SEVERAL MONTHS IN A ROW SELLING NAKED PUTS ON ABAX , WEBX AND SBUX. THANKS LARSON!!!! MARY

Mark Larson's book on technical charting has been one that I reference frequently while preparing and researching my trades. It is one of the top books in my trading arsenal. I've respected his work enough to attend several of his seminars as well as receive one on one trading help with Mark on a monthly basis. His style is straight forward and well intentioned. Knowing and trading with Mark has been an absolute pleasure. As any trader knows, trading carries risk. The greatest risk is the trade that is improperly researched or simply gone on the word of another without accepting personal responsibility for the decision to place your money on the line. Education is the key to success and I think this book is a great investment towards your trading education.

I thought this was a great book on fundementals even though a lot of technical indicators are available from different sources. The bad reviews listed here must have not read the book or had a hidden agenda to trash Mark for some reason. It is hard to understand why. Mark is very successful and spends most of his waking hours helping others learn to be self-sufficient traders.

As a member of Mr. Larson's Monthly CD club, I can candidly say that I've learned more about using technicals to trade options than from any other source. In his recent monthly conference call dubbed "Stock Talk" Mark mentioned Nucor (NUE) as a bullish stock/option play. The stock was in the $95 territory and in less than two weeks time Nucor has rallied above the $100 mark to trade at a fresh new high. Another illustration dating back to early last Fall was when MSO closed below it's 30 day SMA. Mr. Larson adroitly pointed out that a major point of support had been broken (beginning w/ closes on higher volume below MSO's 10 & 20 day EMA) and that the stock was poised to "drop like a rock." Strictly for educational purposes, the MSO puts were highlighted and ended up appreciating substantially as Martha Stewart Omnimedia's stock plunged from the $29 area to the low twenties in a matter of weeks. (And those were only 2 examples of Mr. Larson's trading acumen!) I highly recommend reading Mark's educational materials.