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This book provides an excellent foundation for the full-time or casual trader. He goes into great detail on nightly research, stops, position sizing, and just the overall mental approach. Take notes Read more...
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I have to say this is an engineer's dream and there is a ton of data, charts, indicators, etc. However, without more colorful commentary, stories, examples, etc. the book gets a bit boring and tough to get through. I would say if you are love and want only data, this is a good book for you. If yo Read more...
1 comment
I have not yet purchased the book, but I noticed that 3 of the reviews on Investimonials are identical to old reviews by other people on Amazon.com
12 comments
"This is the best book I've read so far in terms of the breakdown, including success and pitfalls of becoming a full time day trader. This is a long book, nearly 400 pages and it's separated into different concepts that traders must know to take it to the next level. The main points are reiterated Read more...
"Probably the best practical how-to book on the subject of daytrading stocks, indices, and futures contracts. It's all technical - that is, chart-reading - but you get a much clearer idea of how to actually trade using a chart than you do out of all the classic technical analysis books. There is n Read more...
1 comment
"I gave this book 5 stars for the very fact that its the first trading book I've read that emphasises the importance of having a *plan*. This is not really a book about how to do technical analysis - there are libraries of books out there that you can use for that which treat the subject in a lot Read more...
"At the risk of being repetitive, I'm going to have to give this book another stellar review. Like many others, I have read a hundred other trading books and this one stands heads above the rest. The author is obviously an active trader and is not ashamed to divulge his weaknesses, even current ones Read more...
1 comment
"If you want a detailed book about technical analysis, with lots of explanations, setups, etc. etc., there's ""Technical Analysis Explained"" by Martin J. Pring, or you can buy something by Jack Schwager or John Murphy. If you want a book about building and testing a trading system, there's ""Trade Read more...
1 comment
Very clear and well organized with lots of charts and examples to support the Marcel's main concepts he's trying to convey. Trading probabalities is something you have to be aware of esp. if you are trading a lot.
Well-written and put together, lot of charts and examples which drive home key concepts in the book. I believe it is important to be aware of which kinds of setups under which conditions are the high probability setups so you can better weigh risk/reward.
"This book is pretty helpful in my opinion because it provides a lot of charts and examples of the concepts in the book. This is something that most of the books on trading I have read don't do a very good job with. Overall, I think there is a lot of confusion out there about trading probabilities Read more...
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