Top Books for Technical Analysis

Several of you have asked me for book recommendations on technical analysis and trading.  Here are my top book picks for those wanting to learn more about the topic.

There are many good ones out there so narrowing it down to 5 was no easy task.  It’s also important to keep in mind that while technical analysis is incredibly important to trading, it’s not the complete tool-set.  You must also learn about trading psychology and money management.  Those disciplines are just as important, if not more so.

Finally, remember that technical analysis is a skill that must be applied within the context of the general market conditions.  It’s not just a mechanical set of rules to follow but is often more of an art.  Over time, you will get better at it if you continue to learn and practice.

Here are are my top choices for those wanting to learn technical analysis:

1. How To Make Money In Stocks – William O’Neil

2. Volume Price Analysis – Anna Coulling

3. Japanese Candlestick Charting – Steve Nison

4. Technical Analysis of the Financial Markets – John Murphy

5. Encyclopedia of Chart Patterns – Thomas Bulkowski

In the video linked below, I discuss a little more about each book and why I like it.  I also point out some great titles to consider beyond these five.