How to Make Money Trading with Candlestick Charts With Examples and Charts from Indian Markets
Balkrishna M. SadekarVision Books : How to Make Money Trading with Candlestick Charts : Balkrishna M. Sadekar : Book (ISBN: 8170948126) Pages: 206 Price: Rs. 395 Format: sc
ISBN13/10: 8170948124 / 8170948126 Availability: Yes
Latest Print in 2012
rice traders have successfully used candle signals to amass huge fortunes
nearly four centuries. Constantly refined and tested over time, candlestick
signals are now being used the world over for trading all financial markets,
including stocks, derivatives and currencies, etc.
book explains step-by-step how you can make money by trading the powerful and
proven candlestick techniques. Here is how:
of major candle signals; how to recognize them and use them effectively
underlying market psychology revealed by each candle formation
to combine candlestick signals with Western technical analysis to take
advantage of high probability trades which generate explosive profits
loss settings for various candlestick signals for cutting losses. Masterthis and you will be way ahead of fellow traders
the use of candlesticks with technical analysis provides a simple mechanical
trading system which eliminates emotional interference, panic and greed
to use candlestick charts for making money from longer term trading and
Proven, market-tested trading ideas tips and common mistakes to avoid based
on the author's rich experience of trading stocks and options.
book will enable both new traders and experienced traders derive systematic and
consistent profits from the market by adding candlestick charting to their
book not only manages to live upto the expectations but probably excels them.
Sadekar attempts to keep things simple, and targets the beginner to intermediate
level technician as his target audience.
Each type of reversal, consolidation and continuation pattern is tackled
in individual chapters and illustrated liberally with charts of Indian stocks.
The author leaves ample strategies for the not so active trader, also combining
Dow theory tools like trend lines, oscillators and moving averages with the
oriental techniques. This gives the reader an immediate advantage of getting the
best of both the worlds.
all chapters are interesting read, chapters 11 & 12 are the highlights of
the book as they lay out a simple but actionable game plan for a trader and
investor. As if the overall package was not sweet enough, Sadekar has compiled a
tear-away candlestick ready-reckoner at the end of the book to identify emerging patterns in real time. At
its price, the book is a value buy. All in all, a must read book for every freshman
candle sticks trader."
— Vijay L. Bhambwani, Technical Analyst, CEO - BSPLIndia.com
"Educative addition to the technical trader's shelf." — The Hindu Business Line
"Clearly explains and reinforces the message of each candlestick pattern, pointing out other details that can help determine success or failure at each occurrence. The real life examples are manifold, well chosen and amplify the lessons being taught. Highly recommended reading for traders in all markets to discover ways of profiting from candlestick trading." — Alan Northcott
Balkrishna M. Sadekar
M. Sadekar is
the founder of Profitable Candlestick Charting LLC., an educational company
providing training to stock traders in the proper use of candlestick charting
and technical analysis. He is also a member of Technical Securities Analyst
Association (TSAASF.org), a leading authority for technical analysis in the
a Masters degree in Engineering, Sadekar has passionately blended technology
with investor psychology analysis via candlestick charts. Himself a
trader for more than a decade, he has trained and continues training novice and
experienced traders in correctly applying trading systems for profiting from
resides in Richmond, VA in the US and can be reached via his website, www.ProfitableCandlestickCharting.com. With this book, which is one of the first
candlestick charting books with Indian stock charts, Sadekar hopes to get Indian
traders comfortable, confident and successful in the proper application of