If you are looking for an excellent interactive book regarding chart patterns, how to draw trend lines, and identifying support and resistance levels then Stikky Stock Charts is the one. You can think of this book as being the complete opposite of Al Brooks books – they make sense! This should be a staple in your collection if you want to learn about trading stocks or bonds with confidence.
This text focuses on describing what kind of information readers will find inside stock charts (charted pattern types like head & shoulders), drawing trendlines that help predict future price movements, defining terms such as support/resistance levels so traders know where these points are located on their graph-paper.
Stikky Stocks is the book for you if you want to find out what type of information is in your stock charts, how these types of information can help predict future price movements, and how you can identify/define support/resistance levels
The book I am going over today is extremely simple to read and very easy to understand. This should be a staple for everyone to read no matter your experience level in trading.
In the following blog post, we will review a book that can help any trader draw trend lines consistently and accurately. Although they are still very subjective as to how each individual draws them, this guide gives traders an initial foundation for drawing these trends with accuracy in mind. This book is great because it helps break you of bad habits by teaching readers from personal experience what not to do when trading on your own without guidance or advice from gurus who only make money off sales their losing courses
In my years of being involved in the stock market, I have come across many books about technical analysis; most have left me confused due to all sorts of patterns and drawings based on scenarios where people say “buy now!” Yet there’s one particular resource that has really helped me which is the book in this article, Stikky Stock Charts.
Stikky Stocks is an amazing book for beginners and even seasoned traders will find some great information that they can use to their advantage. Stikky Stocks is a very easy read with simple instructions you’ll enjoy using immediately. I hope after reading this review, you’ll consider picking up the Stikky Stock Charts to help your trading.
Stikky Stock Charts
Why I Liked Stikky Stock Charts
The stock charts in Stikky Stock Charts are easy to read. Most stocks books that focus on trend lines and setups try to cram everything onto one page or have them overlap onto the next page which is a major pain when you need to flip back and forth between descriptions of what they’re talking about versus looking at graphs. This book does not suffer from this problem because it’s wider so that full-length plots can fit on each individual spread, making for an easier reading experience with no unnecessary flipping required!
If you’re a novice trader looking for an easy-to-understand guide, this could be the book for you! It breaks down each step and builds on it from there. The author teaches readers how to spot trend lines as well as support and resistance; all of which are extremely important in trading success.
This is not just any ordinary “how-to” manual though – I guarantee that by reading through this concise yet thorough tutorial, your understanding will deepen tremendously upon finishing the last page because what sets this book apart from other books out there today is its simplicity: There’s no need trade complicated when we have such simple solutions right at our fingertips!
This book is interactive. There are opportunities for you to draw your own trend lines and the pages include instructions on how to do it, as well.
The authors provide exercises that require readers to predict what will happen next; after all of these possibilities have been explored in a series of illustrations, they show what actually transpired at each stage so there’s no confusion about which method was most successful or correct. This way when one process step doesn’t work right away, there may be another option down the line that succeeds better because we’re following things from start to finish without skipping any steps along the way!
It literally takes you step by step for the following areas:
- Drawing Trend Lines
- Spotting Support and Resistance
- Identifying Certain Chart Patterns
What I Didn’t Like About Stikky Stock Charts
I’ve never really been a fan of trend lines. They’re just too subjective and I often find them to be broken after they start being followed out in the real world as well. This book, however, teaches people who have drawn trendlines before how you can make sure your charts stay accurate on paper or even online where everything is so different from anything we usually see!
So the only thing I don’t like are trend lines themselves. But if you are a fan of them and use them then you need to read this book. Go ahead and buy it used because it is inexpensive. I did and it was worth it. From time to time I will open it up to quickly go through it to brush up on some items I may be rusty on.
It is an excellent book that I think everyone should own.
Don’t be fooled by the cover. Stikky Stock Charts has everything you need to know about trend lines and other commonly drawing tools used in technical analysis tools like support & resistance.
It’s a great book to have if you are into stock charts or trade Forex, futures, or anything that deals with technical analysis.
Stikky teaches you how to draw them properly and explains everything that technical analysis is relevant to.
I recommend Stikky Stock Charts by Stikky Stocks. It is available for a few dollars used on Amazon that has been linked all through this blog post.
Conclusion
If you want to make sense of stocks and the charts that represent them, then this is a must-read. Stikky Stock Charts will teach you about trend lines, support and resistance levels, as well as how different patterns on stock charts help predict future price movements.
This book provides plenty of examples with accompanying illustrations so it’s easy for beginners to understand what these terms mean in relation to investing while providing more nuanced than some other beginner books I have read before.
It’s not expensive, which is a huge plus. I’ve seen some books go for over $500 and that’s just nuts! On the very rare occasion there might be one worth it but usually only applies to an extremely old or rare trade book.
If you want to draw trend lines for trading, then this book is the perfect solution. You can use it as a quick reference and in just a few minutes understand how to accurately draw these lines on your charts.
This book will help traders make educated decisions about when a trader should buy or sell at any given time. The best part? It’s easy enough that anyone with an interest in investing or trading could follow along without too much difficulty.
Go ahead and purchase this book today!
Popular Links
Here are a couple of links if you are looking at how I view the market and some trade setups as well as products I like and use. You can create your own trading style and setups. Quit paying losing traders to teach you. The only thing they teach is how to lose money.
- How to become a profitable trader using meditation
- How to scan for winning stocks
- Bread and Butter Trade
- How to Improve Your Meditation with the Brain Evolution System
Robinhood Trading Broker Review
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This way each of us will receive a free share of a random stock if you sign up through my referral link.
My Robinhood Review: https://evancarthey.com/review-robinhood-trading-service-with-no-fees-part-1/