What are the best books for learning about technical analysis?
Ones I consider essential would be Trading For A Living, by Alexander Elder and The Way of the Warrior Trader, by Dr. Richard McCall. For more selections, there is a professional certification program which bestows the chartered market technician designition. Their required reading list can be found through the Market Technicians Assn. at 212 912-0995. Q: Is an individual investor best served by using technical analysis or combining it with other forms of analyzing stocks? A: I think most technical analysts are at least aware of the fundamentals and company news at some level and I think it makes sense to try to use all the tools together when you can. For example, one of my favorite setups is when a stock is at or under book value and the chart is just scooping out a base with a huge amount of accumulation (usually found by using on balance volume or the Williams Accumulation/Distribution study). If the news is terrible, but the stock has stopped going down this is a good sign. This s