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The term insider may be logically 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. -from How to Join the Successful Group Richard Schabacker is considered the grandfather of technical analysis, and his theories and acumen are a continuing influence on investment philosophy today. This classic in the field and still of tremendous value to long-term, short-term, and beginning investors alike, covers, in clear, non-technical language, all the basics of making sure your money serves you well in the market: . the proper attitude-and the wrong approach-to investing . how to take advantage of cycles of business and securities . when to buy and sell . fundamental and technical factors to watch . the proper use of stock charts . market psychology and why it matters . how to diversify risk . whose advice to follow-and whose you should ignore . and much more. American author RICHARD WALLACE SCHABACKER (1899-1935) was financial editor of Forbes magazine. He also wrote Stock Market Theory and Practice (1930) and Technical Analysis (1932).
