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Kevin Hammond says:

I was able to triple your trading in the last 18 months with this book. Although in the first and second edition in operation, this third edition, that to me so remarkable results. How do I do that? I followed a stepwise procedure at:

(1) I programmed scan by the author on pages 357-383 offered in my bed scanning software to find long-term deals back from below. I have also adjusted for the scan to look for short transactions from behind and above. This is done quite simply by reversing the above conditions.
(2) I was on the market indicator time on pages 179-185 treats to decide whether the overall market up or down spins. Indicators in the book are best for detecting point decline in the market of vital importance to the catches in the beginning of this trend is progress.
Some signal was given to this indicator in November 2007.
(3) If a common market, a scan is attempted, the long transactions. I concentrated on only discussed the two highest settings profits in the book: VPV twists and highly profitable within a rectangle. My reason for focusing on these settings is that they not only high yield potential, they receive at the beginning of a trend and thus the possibility of being out of the trade and use the resulting least suspended.
While VPV reversals are not hard to find, are highly explosive within the rectangle no more than a few times a year, but if you can find they do profits to 50% less time.
(4) If the overall market turns down, that I ran scan for stocks saw the short. In this case, however, looked for an increase in square model, which is essentially the opposite of afalling rectangle. I have to be accompanied also require rest below the rectangle in a spike belt. Knowing that markets and stocks falling much faster than they would buy water placed in storage in the next shot in the current price. Then the strike price is reached and if the trend is still intact to sell and buy makes room for a lower strike put and so on.
order the explosive profits you can use this technique to show, I give a concrete example: In my brief search program as 8/21/2008 JDSU has established a severe spike in volume. On examination of the chart rectangle under increasing rest is obvious. With the purchase of $ 7. 5th Place when the stock was at $ 10 + and then sell when the stock hits $ 7. 5 and buy a $ 5 strike poses and so on, until the stock hit $ 2. 5, has my little investment of 20-fold increase.
the opinion of the author have to specialize in my profession and provide the specific settings to them well to the point where they may be recognized in view of the table. “
I waited so long before writing a review because I had read many reviews and even writing reviews for books, with the important question: Is the reviewer to make money with ideas in the book. In most cases it is difficult to answer this question, but This case was possible because I followed a specific approach suggested in the book and it works.
Currently the book is still a bit shy 5 (approximately 4 75) stars mainly because of Authors are not addressed, records in detail. It is connected with psychology and to discuss not money management and risk control by the creation of areas of congestion stops, so do not run over by Market Makers and the use of certain strategies in a position to risk control.
I do not think this is a big disadvantage because there are many books that discuss trading psychology and reporting obligations.
are personal note on trading psychology: Where is this trade and began to books read primarily on trade psychology, records, followed their advice, and there is little improvement.
changed, however, a successful trading my psychology, as I have more confidence and want so that the trigger when he saw a recruitment draw, which falls within my specialty. There were many shops profitable is easy, the loss of those that is not reduced, and thus after the cut, said running losses and gains is much easier to do.

Rating: 5.5

Eugene Yeager says:

I have books by so-called “Trader,” which guided more of their income from seminars, stock and trade, to read books than actual trading. It is refreshing, at last a book by someone who actually wrote trades for life.
When I lived in the Midwest, before taking my current job, I belonged to a local marketing group Managed by the author. I had the good fortune of meeting the author of the Chamber of Commerce gathered in this area. Inevitably, we talked about areas of common interest, which is trade. He invited me to a small group of about 50 retailers to join, he leads in the area. I was a member of the group a few short months and looked at me, including profit dealers make over $ 5,000 per week, with methods, many of which are detailed in this book.
After I moved, I went on the implementation of strategies learned in the trade group and by the book. Although my results are not as good as if I am an active member of the group I am now in a position to a comfortable living trading was to make full time.
As the trade group is only open for several local retailers and the book is limited in availability, I am not trying to promote either. My goal in writing this letter is difficult other dealers together to a book that brought me to find much closer to a professional trader more profitable than any other band.
Rating: 5.5