Day Trading with Heikin Ashi Charts (Day and swing trading of stocks Book 1)
By Tim Haddock and Ravi Kapoor
Synopsis
As clear aims for a book go, this one stands out on the horizon. For any reader looking to discover how Heikin Ashi charts work, it is likely that this book will tick the box. Delivered with a mixture of illustrations and accessible material, Haddock and Kapoor look to show how anyone can improve their day trading success by following the right charts and implementing better strategies.
Review
From the very start, this book says it aims not to bore its readers with material for beginners when that can be sourced elsewhere, so it is immediately clear that they are aiming a little higher with their offering, and seek to be as informative as possible.
Their work centers on a type of chart called the Heikin Ashi, and is based around the idea that with the right information it is much easier to stick with a stock for longer and hold on to it without letting go at a time when it is still going to rise.
That is a marked difference from many other books which offer ways to guarantee stop loss and use exit and entry functions but tend not to go into exactly why tracing the right patterns offers some of the best benefits.
One of the exciting aspects here is that it is well suited to copy trading, and automated trading processes, as it can be traced in and implemented, before allowing it to run and accumulate.
For those looking for a more in-depth profile into particular candlestick trading methods, this is an interesting read, and is likely to provide new insights without going into overkill on unnecessary details. The authors say all of it is designed to be deliberately manageable without resorting to lots of spreadsheets, so this should help the time-poor day trader to get better results.
Details
Format: Kindle Edition
File Size: 2000 KB
Print Length: 58 pages
Sold by: Amazon Media EU S.à r.l.
Language: English
ASIN: B00ESDRXL4
