In Stock Market Profits, Schabacker presents technical analysis as a totally organized subject and comprehensively lays out the various important patterns, formations, trends, support and resistance areas, and associated supporting technical detail.
He presents factors that can be confidently relied on, and gives equal attention to the blemishes and weaknesses that can upset the best of analytical forecasts: Factors which investors would do well to absorb and apply when undertaking the fascinating game of price, time and volume analysis.
The term ” insider ” may logically be applied to those successful operators who do make the market their business. But anyone who takes enough time to study the market and align his operations with successful trends may just as logically remove himself from the “public” class of lambs and enter this indefinite but successful class of ” insiders.”
” If it were not so ” this book, and many others, would not have been written. The grocery-store clerk in a small village of the Middle West may quite conceivably make him self just as successful, comparatively, as the professional operator.
But in order to do so he must first realize the boundaries and definitions of the two classes which we have been attempting to illustrate. Being fully aware of his task will be his first and most important step in accomplishing that task.
- Cycle of Business and Securities
- Long-Swing Investment
- Short-Swing Trading
- The Fundamental Factors
- The Technical Factors
- The Proper Use of Stock Charts
- Market Psychology
- Common Sense and Foresight in Trading
- Diversification of Risk
- Market Counsel-Good and Bad