The ABC of Stock Speculation, written by S. A. Nelson in 1903, is a fundamental classic because it was the first book to compile and name the Dow Theory, the foundation of all modern technical analysis. It is a short and direct read, perfect for understanding the roots of market study.
What it is about
Nelson gathered Charles Dow ideas about market behavior and presented them in an orderly way. It explains how the market moves in trends, how movements are confirmed, and why intelligent speculation differs from gambling. Many concepts we take for granted today were born here.
Key ideas you will learn
- The original principles of Dow Theory about primary and secondary trends.
- The difference between speculating with a method and simply gambling.
- The importance of confirmation and volume in market movements.
File contents: the complete book in PDF, a public domain work. A historical gem for understanding where technical analysis comes from.
View the original book page on Internet Archive (public domain)
Spanish 
English