The title is another book someone dropped off at a local second-hand thrift store. Looks like a decent sized hard-cover written by Peter Brandt. I will try to get to reading through it this month, and curious if there are any haters/fans of this book in this group.
Brandt is a puzzle. He allegedly made money so he may know a thing or 2 associated with actual trades, yet his tweets and book content is full of conventional, useless ideas around TA, as if he wants to throw people off. I remember in 2020 he tweeted that cbot corn could go as low as $1.50... and sort of became a joke in the grain trading circles, since if you knew how grain insurance worked you'd know there's no way it was going below 2.50. (actual low of that year was around 2.90~) Though to give him credit in one of his interviews he revealed that he relies on fundamental supply/demand, and he changed the subject quickly in the said dialogue.
TA works, really well actually but only when there is no market-impacting news aka news that freaks everybody out.
after you learn TA from the books, you have to decontaminate/cleanse your mind from all the wrong / lousy teachings. Then develop your own TA based on your own definition/likings/preferences/experiences/analysis.
%% Most likely why Rich Dennis's partner said ''don't use thin trend lines'' That quote can be even better with ETFs. But that can be a good thing= many don't like TA.....................................................
That's cuz they haven't figured it out or got spooked by the sudden news and lost some money and are now forever against TA. The truth is, unless you are insider trading, nothing you can do except hedging can protect you (somewhat) from unexpected news. It's like irl you can plan all you want and be careful all you want but you can never prepare for the unexpected. So does that mean you are not going to have barbecues in your backyard? No that's why you buy insurance.