In the equities, commodity, and currency markets, technical analysis is the most popular and widely used decision-making tool. The top investors use it with traditional fundamental research to determine when to enter and quit the market.

An attentive market trader cannot disregard its relevance whether trading hourly, intermediate to long-term, or long-term.

There are several books available now on the topic of technical analysis in trading. Not all of these works, however, cover topics that are still relevant today. Many of these publications include out-of-date and irrelevant material.

A select handful has become classics and continues to remain relevant in today’s stock market. These publications address subjects such as trading system creation, crowd psychology, chart patterns, and more, in addition to technical analysis.

This article will look at five of the greatest technical analysis books to help investors and traders better understand the market and make smart stock market bets.

1. Getting Started in Technical Analysis | Jack Schwager

This book is regarded as one of the greatest technical analysis books available, and it is a fantastic choice for novices in technical analysis. Identifying exit and entry locations, constructing trading techniques, and devising a lucrative trading plan are all covered in the book as a supplement to understanding chart patterns and technical indicators.

These are all crucial parts of becoming a successful trader, and few books supply all of this knowledge in one location. This is a book to think about if you’re a beginner trader who wants to go to the next level.

2. Technical Analysis Explained | Martin Pring

Many readers consider this book to be the “Bible” of technical analysis, and with good reason: it includes a large number of basic topics related to technical analysis.

Another noteworthy quality of this book is that, despite a large number of topics, it is still highly approachable and easy to understand and use for new traders, making it one of the best technical analysis books available.

This book should be your first investment as an investor wanting to make the appropriate trading investment in the stock market, and you will get your ROI in multiples of ten.

3. How to Make Money in Stocks | William O’Neil

This book is considered an evergreen work on technical analysis since it was written by the founder of Investor’s Business Daily, one of the world’s premier financial periodicals. O’Neil was a strong supporter of technical analysis, and he based his book on a century of stock price swings.

In the book, he discusses a wide range of technical strategies and concepts for decreasing risk and discovering entrance and departure points. This is a fantastic book that each aspiring or professional investor should have on their desk since there is a lot to learn as a novice and an expert.

Read the full article on Best Books for Technical Analysis here.

In Closing

Finally, the technical analysis book collection stated above is broad and offers readers with a firm foundation in technical scanning. However, we must remember that technical analysis is only one facet of trading; financial planning skills and psychological factors are equally important. That concludes the article on the 5 Best Books for Technical Analysis You Must Read! Good luck with your investments!