Book Review on Japanese Candlestick Charting Techniques by Steve Nison

Most of us who spends the extra time to read andnormally used what i have learned. It is a trading
continue to improve our knowledge on trading andsystem that i paid a hefty sum of $5000 Singapore
investing, are likely to have adopted a tradingdollars for, to aid in making decisions on whether I
system. It can be through books, seminars orshould enter a trade or not. However, something was
courses. However, given the potential risks involvedmissing... That was major reversal patterns that occur
even with all the tools and knowledge we are armedat tops or bottoms. I have lost a lot of money as a
with for our trading battles, we still have a highresult for several trades that were supposed to yield
chance of making a loss in our trades. This is due toexcellent returns using the system I learned all due to
the fact of human errors and mistakes, involvingmy failure and ignorance to understand a missing
human Emotions in our trading, inexperience when wetrading puzzle... Yes, that happens to be candlestick
first started out trading, failure to do our duereversal patterns. I still remember them to be, the
diligence daily...etc All of these play a part in the trade"Morning star", "Shooting Star" and "Bullish Engulfing
turning sour, hence the huge potential loss in capital.pattern". After learning these patterns, the results
One of the missing puzzle that I have discoveredwere shocking. My losses were cut to a minimum,
myself, was the interpretation of candlesticks thatmy self esteem and confidence to execute a trade,
tells the story of the market sentiment for thathave improved tremendously. This is the book that
particular stock at that particular time. Before learningtaught me the knowledge I needed. I never leave
the meaning of candlesticks and charting with them, Ihome for my trading battle without it.