Greetings,
I thought it would be interesting to start a section of posts that contain reading material. Feel free to add any reviews your like.
The best medicine for trading ignorance is education and discipline. I'm an avid reader and try to read at least a book every one to two weeks. My reading time frame also depends upon the detailed nature of the material. For example, Frost and Pretcher's Book "Elliott Wave Principle" is not an easy read, and I've went back through it at least 4 times. Most of my reading is either technical, factual, or tells a story of true inspiration. Of course, most of my reading is usually 95% involved with the financial markets.
Usually my reading material is based upon a need for knowledge or a story of inspiration to keep my positive vibe rolling. Other times, I look at a general category of financial books at Amazon, pick up a dart and just buy something. One thing I have always liked about Amazon is that they always have the books I want. Last week, I was at the Books-A-Million, Barnes and Nobles, and some other no-name bookstore at the mall. I usually find that the nature of the material I want to learn is too specific for availability there. I can always find a Cramer or Lynch book, but not Natenburg.
Two weeks ago was one of those dart throwing weeks, and I ordered Stikky Stock Charts. The title claimed to go over 8 major chart patterns in a step by step instruction form. I said, "why not, lets see what they have to say about charting". When I first looked at the book, I thought it was written for a 7 year old. The print was very large and there was only a paragraph or two per page. The book is also about 234 pages long, but you can probably finish it in about 3-4 hours.
The majority of book is aimed at the know-nothing-about-stock-charting people, but I was surprised at how much enjoyment I got from reading it. The book starts out discussing trendlines and basic rules for trendlines. After it discusses the rules, it has a numerous sample charts for you to work on. If you think your analysis was right, you can flip to the next page and see where you stumbled or excelled. The book also discusses the principles of support and resistance, and a brief section on volume and volume pressure.
The rest of the book is dedicated to identifying these major stock chart patterns: Rectangle, Channel, Double Top, Head and Shoulders, Megaphone, Ascending Triangle, Descending Triangle, and Symmetrical Triangle. I was so impressed at the way the material was presented that I printed about two dozen charts from Profitsource and pulled out the pencil and ruler. This was an easy, light, fast, and informative read that was a great little refresher for me. I think it would also be a great read for the kids...might as well get em started early!
Click on the pic if you want to check it out:
Later,
Fibonacci 
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