The New Science of Technical Analysis
The New Science of Technical Analysis

The New Science of Technical Analysis
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John Wiley & Sons

UPC:
978047103548

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$65.00

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The New Science of Technical Analysis Specs:
Product NameThe New Science of Technical Analysis
ManufacturerJohn Wiley & Sons
Retail Price $65.00
EAN-1409780471035480
UPC978047103548
Specifications 
TitleThe New Science of Technical Analysis
ISBN0471035483
Author(s)Thomas R. DeMark, Thomas R. DeMark
Release Date1994-09-21
FormatHardcover, Paperback
Num of Pages264
Num. of Items1
EAN9780471035480
Deal first added on:14-February-2004

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Latest 6 Reviews
Here is what people are saying about the The New Science of Technical Analysis
2 Star Rating  "Only for those of you who can pay for the indicators"2008-12-04
- Reviewed By my_low_price
FIRST problem: DeMark's indicators are very expensive to subscribe to and they are only availabe in professional software (not esignal or tradestation). This reduces the value of the book for most readers. Nobody is going to hand-calculate indicators.

SECOND problem: The writing in the book is quite opaque so a lot of time and energy is needed to understand the ideas. DeMark is clearly a creative analyst, but I am somewhat sceptical since he has his own indicators for everything. Is it really necessary to reinvent everything? I would have liked DeMark to explain this more clearly.

Perl's "DeMark Indicators" is a clearer book. That fixes the second problem, but not the first problem.

I have written several short reviews on trading books. The best way is to compare the score on the books I've read. Many reviews on amazon.com are just glorious 5 star reviews. I use all five categories; sorry but everything isn't "great". Books rated 5 are very good. Books rated 4 are good solid books well worth reading. Books rated 3 can be bought by some people who read a lot or have very specific needs. Books rated 1 or 2 I would not recommend buying or reading. Naturally all in my humble opinion.
 
5 Star Rating  "Explained by the Expert"2008-08-29
- Reviewed By User: A2T0MMFW5JWDS1
Many talk about mr. DeMark. I'd found soo many versions of his work that I could not make up anymore what is actually original. Thats why I bought his book. Compared to other books, some simpler explanation is done (but not too simple), which means a little more paper to explain the issues, which I like very much. This brings me into the power to skip the things I already understand and continue on my own level. The material is basic and at the same time advanced. Even for non mathematic fellow traders this book is very well readable. I thank mr DeMark for sharing his knowledge.
 
5 Star Rating  "technical perspective from 4th dimension"2007-10-23
- Reviewed By User: A1N44HQU08CCE3
If you want to learn Tom Demark school of technical analysis, this book should be the first step. Learn what's in this book before moving onto other books of Demark. This book will show you that there are indeed different way to look at the market technically. And most importantly, have an open mind. If you earnestly spend some quality time with this book, you will come out with some valuable insights.
 
4 Star Rating  "good if you have mastered the basics"2006-10-26
- Reviewed By User: A3UACRWVS9CPPZ
good book if you have mastered the basics, if not then good luck my friend cause there is no methods that can really stand alone in this book. But this book will really help you if you have a good method but just want something to confirm buy signals . but i guess if you combine 2-3 methods in this book you might just be able to make it into a profitable method.
 
5 Star Rating  "Worth it for chapter #1"2006-03-14
- Reviewed By User: A20HEXZ4N2NJ3D
TD suppy and demand lines. If I only knew before the rules for trendlines I would have save a lot of time and wasted effort. I can't comment on this book past chapter #1 as I've not gone any further. However, this book is worth the purchase many times over just for the proper explaination of trendlines. As this book was recommended to me for the first 2 chapters, I will also recomend it if only for the first. Before I could look at the same chart of a currency pair and "see" different trend lines. Oh, I think that is one. But now I will look at the same chart and see the same trendlines every time. This goes a long way to making trading a repeatable, measurable proccess... essential to success.
 
5 Star Rating  "Info overkill but great book nevertheless"2006-02-12
- Reviewed By User: A4TCETQD765NM
I heard the author speak a few years ago and was bowled over by all the information he covered. I concluded he was either a phenomenal salesman or he was truly an exceptional student of the market. i bought this book as well as one of his other two(?). I knew that if i truly wanted to digest what he presented I had to be committed to studying his techniques. Frustration reigned and interruptions only served to hamper my understanding. Fianlly, after losing countless dollars on sham techniques I learned at seminars and reading books by others I was determined to give the author a serious try. I have never regretted this decision. While nothing is perfect in the investment business I can certainly represent that the author's ideas are fresh, innovative, original and and have enhanced by trading performance markedly. Sure I still have losers and nothing is infallible but his techniques are the closest I have come to providing me with the knowledge and game plan to be a successful trader. Yes, I am making money, lots of it. No, I am not going to share what of his many tools have I found to be the most helpful. That is your job and if for no other reason, it is because some of the methods I may have found to be not to my liking may very well be suited to you and trading psyche. In any case, welcome to the world of a one of a kind trading mind. The author is special and so are his indicators.
 
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