“#1 all time classic, considered to be the best book on chart patterns ever written.”
Traders Press, Inc.
Technical Analysis of Stock Trends by Robert D. Edwards and John Magee was the first book to produce a methodology for interpreting the predictable behavior of investors and markets.
It revolutionized technical investment approaches and showed traders and investors how to make money regardless of what the market is doing.
Now in its 10th edition, Technical Analysis of Stock Trends remains the benchmark by which all other investment methodologies are measured.
An indispensable reference for technical traders, investors, and finance professionals, after 63 years, Technical Analysis of Stock Trends still towers over the discipline of technical analysis like a mighty redwood. The book contains more than dry chart patterns, it passes down accumulated experience and wisdom from Dow to Schabacker, to Edwards, and to Magee, and has been modernized by W.H.C. Bassetti.
Bassetti, a client, friend, and student of John Magee, one of the original authors, has converted the material on the craft of manual charting with TEKNIPLAT chart paper to modern computer software methods. In actuality, none of Magee’s concepts have proven invalid and some of his work predated modern concepts such as beta and volatility. In addition, Magee described a trend-following procedure that is so simple and so elegant that Bassetti has adapted it to enable the general investor to use it to replace the cranky Dow Theory. This procedure, called the Basing Points procedure, is extensively described in the new 10th Edition along with new material on powerful moving average systems and Leverage Space Portfolio Model generously contributed by the formidable analyst, Ralph Vince, author of Handbook of Portfolio Mathematics.
Bonus: if you’re not already a subscriber to Edwards-Magee.com, you’ll also receive a free 1 month subscription with your purchase – a $39.99 value!