Technical Analysis and Stock Market Profits
$22.73
Technical Analysis and Stock Market Profits is one of the foundational works of classical technical analysis, presenting a disciplined framework for understanding market behavior through trend structure, chart interpretation, volume analysis, and price patterns. R. W. Schabacker approaches markets with a conservative, process-driven mindset, emphasizing preparation, patience, and probabilistic thinking over speculation or prediction.
The book establishes why price trends and formations reflect collective psychology and capital flow, and how properly interpreted charts can reveal shifts in demand and supply before they are obvious to the broader market. Schabacker places strong emphasis on trend identification and confirmation, explaining how trends begin, mature, weaken, and reverse—while cautioning against premature conclusions and emotional overreach.
A major contribution of this work is its clear separation of analysis from execution. Schabacker explains how technical evidence should guide decisions, while risk control, diversification, and common sense govern position sizing and trade selection. Chart patterns, support/resistance structures, and volume behavior are treated as decision filters, not guarantees—reinforcing a professional, probability-based mindset.
Beyond charting mechanics, the book addresses market psychology, crowd behavior, and the dangers of unreliable “market counsel.” This holistic treatment—combining structure, psychology, and risk—makes the book as relevant today as when it was written, particularly for traders and investors seeking a timeless, principle-based technical framework.
✅ What You’ll Learn:
- How to identify and confirm primary and secondary market trends.
- Proper interpretation of classical chart patterns and formations.
- The role of volume in validating price movement and breakouts.
- How technical evidence reflects market psychology and crowd behavior.
- How to distinguish actionable signals from market noise.
- The importance of discipline, patience, and confirmation in execution.
- How to integrate technical analysis with prudent risk and diversification practices.
💡 Key Benefits:
- A timeless, principle-based foundation for technical market analysis.
- Emphasis on discipline and probability rather than prediction.
- Clear guidance on trend behavior and structural interpretation.
- Practical insights into crowd psychology and market extremes.
- Applicable across equities and broader speculative markets.
👤 Who This Book Is For:
- Traders and investors seeking a classical, conservative approach to technical analysis.
- Intermediate market participants building long-term analytical discipline.
- Readers studying the historical roots of modern chart analysis.
- Professionals who value structure, confirmation, and risk control over shortcuts.
📚 Table of Contents:
- TECHNICAL APPROACH TO STOCK TRADING
- IMPORTANT REVERSAL FORMATIONS
- MINOR REVERSAL FORMATIONS
- MAJOR CONTINUATION FORMATIONS
- MISCELLANEOUS INTERMEDIATE PATTERNS AND PHENOMENA
- TREND LINE ACTION
- SUPPORT AND RESISTANCE LEVELS
- MEASURING RULES AND FORMATIONS
- USE OF LONG-TERM CHARTS, AVERAGES AND GROUPS
- TRADING TACTICS
Technical Analysis and Stock Market Profits By R. W. Schabacker
| Author(s) | |
|---|---|
| Product Type | Ebook |
| Format | |
| Skill Level | Intermediate to Advanced |
| Pages | 471 |
| Publication Year | 2005 |
| Delivery | Instant Download |
10 reviews for Technical Analysis and Stock Market Profits
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Rudy Barnett (verified owner) –
if u want to know deep knowledge about patterns and trend lines then go for this .its worth the money
Talia Small (verified owner) –
Original, famous and concise way of predicting trends.
Alexandria Gallegos (verified owner) –
Very good and thorough. If you’ve had no technical analysis experience, this won’t go over your head, and it won’t bore you to death if you’re somewhat familiar. Somewhat out of date in that it was written in the 30’s, but the charts and formations it highlights are eerily valid, relevant, and applicable today as it was back then so you KNOW it’s been time tested. Stocks don’t chart any differently today than they did back then. Advanced technicians wouldn’t like it…doesn’t go into the “data” side of technical analysis as in ADX, MACD, RSI,…etc. But about a good a starting point as you’re going to find. A great foundation builder.
Jonas Allen (verified owner) –
So you want to learn on how to read charts… This is the one for you then! A little dense sometimes due to it’s completeness on patterns, but it’s all there, really. Won’t teach you on how to make a trading system, but if you’re into discretionery trading systems you’ll love this one. I haven’t found a reversal pattern that’s not on these pages, and if you want to know about continuation patterns, they’re all almost there too. I recommend this book for beginners as for experienced traders.
This is one of those books I keep next to my trading desk!
Marley Neal (verified owner) –
I think this book is just like a bible for the investers. you have to read it for understanding the basics.
Riley Waller (verified owner) –
One of the best books on technical analysis
Chana Brandt (verified owner) –
Still reading this book on technical analysis. The detail and examples, even though the book was written in the 90’s, is still relevant today. Take your time with this one and I think your trading will profit more as a result.
Jayden Stout (verified owner) –
Excellent book for the chart pattern trader
Harlow Nunez (verified owner) –
Ok, it’s a classic but I have read a ton of trading books and just because it’s old, doesn’t mean you should spend your time and money on this. Yes, it was old and if you had read it a long time ago, it would have been valuable. There are so many other great trading books that are newer and this one was a “skimmer”. Not a lot to draw on to help a trader that has been trading for a some time.
Damir Molina (verified owner) –
Richard Schabacker, in this pioneering book, presents the art and science of technical analysis as an organized subject.