Learn to Chart, Learn to Lose Less Money, Learn These Books

Here is reality: Books on charts, or technical analysis, sell like hotcakes.

People who try to extract what stocks, bonds, currencies, and commodities will do in the future love books that talk about candles, lines, support, resistance, and whether J. Welles Wilder's Average True Range is an Act of God. They adore the underlying arithmetic and calculus of the x- and y-axes, and sometimes even the z-axis, with a religious fervor. They sleep with pencil in hand. Two types of animals graze on the Cartesian plane—those who are purists and those who blend technical with fundamental and economic analysis. I am in the latter group.