Trading Books
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Trading the Vulcan wayReview Date: 2008-09-06
Over rated. Find another book.Review Date: 2008-08-10
Not a recipies bookReview Date: 2008-07-26
I think it is a must for everone that does not want to jump into trading someone elses formulas, but to understand the mechanics and the psycology of trading. It contains references to other books that will help you understand the trade reciepies.
So if you want to understand what you are doing, or at least what you are supposed to do and the biases associated to your decisions, buy the book. If you want to trade like a maniatic daredevil who is told what to do by following nonsense schemes, you dont need this book.
No wonder why some readers were dissapointed. My impression, its the readers fault not to aim to higher goals while buying and reading a trading book.
ExcellentReview Date: 2008-06-26
A "must read" for active traders.Review Date: 2008-07-12
I have been investing in stocks for many years using the stock picks from one or two good sources. It's been a way to build retirement income in my spare time. I've been moderately successful, but nothing to brag about. In the past few years I've been gradually becoming more active in trading, making many trades a month and recently many per week. I'm considering trading as a living or at least a part-time income.
I've studied fundamental and technical analysis through literature, webs sites, some books, newsletters, and my broker's courses, though I don't pretend to be even close to being any sort of expert. Tharp's book is the first time I've seen what I would consider a fundamental "text book" on trading. It's not a book on how to pick stocks or entry points though the subjects are discussed in the context of an overall system.
Tharp has created a paradigm shift in my thinking. He walks you through all the elements of a successful trading system, including how to define and measure one and how to think about trading. He asks questions and gives practical examples so you get the ideas and the importance of the issues. He's careful to work through examples and explain himself better than any financial book I've read so far, though he does not explain some technical analysis terms. But they aren't necessary to getting the value of the book (and give you some good topics for your own research). I've been at it long enough to realize that he's pretty thorough in the issues he wants you to consider. He also dispels commonly accepted thinking that leads to poor performance (read "loosing money").
If you are looking for fast answers, a get rich scheme, or an algorithm that will tell you how to find winners, what to buy and when to buy it, then you will probably be disappointed - but in fact you may need the book more than you realize.
I wish I had read this book years ago. It would have corrected my understandings of what investment trading is all about and how to go about it. I particularly appreciated the detailed explanations of risk verses reward and position sizing. I have heard "risk vs reward" talked about in many places, but never had it explained in a way that I could use it.
His examples may seem belabored to some, but they helped cement the concepts into my mind. I found Tharp's personable style and stories made the book easy to read and helpful.
If you have been trading for years and are comfortable with it and make money, then you may not gain much from the book. To everyone else I recommend it.

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A book that offers great value Review Date: 2008-09-06
Great book... a whole new level of personal insite!!!Review Date: 2008-07-06
The focus is on improving yourself as a trader, but the material can be applied to any aspect of yourself that you wish to understand or improve.
The explanation about how the our minds create, maintain and use our beliefs is very clear and simple. The explanation of how are minds function with exiting beliefs is followed by methods for overcoming limiting behaviors and instilling new beliefs.
A quote that I think we have all been told in some form or another has much clearer personal meaning after reading this book.
"When it comes to personal transformation, the most important ingredients are your willingness to change, the clarity of your intent, and the strength of your desire."
If you're willing to work on yourself, this book is a fantastic guide.
Buy itReview Date: 2008-07-22
I read the three star review and I agree with it---there's a lot of words in this book. BUT, as that reviewer said, the gems are there and worth every penny I spent on this book. I'd have paid a thousand dollars for them. I actually bought it because another reviewer said it was the best book he'd read on trading. I'd have to agree.
I have fabulous trading days only to have them followed by disaster days. I thought this was just me, but this book says one thing that will hit home to those who trade: euphoria leads to reckless trading. That's exactly the thought I couldn't put into words and hearing him I realized I'm not alone.
I wasn't going to review the book because I don't need the competition, but then I realized what he says is true---there are few great traders.
Don't place another trade until you read this bookReview Date: 2008-07-17
Some reviewers are critical of the style of writing (psycho babble, motivational, etc) and some are critical of the quality of the writing. Some even think the book is over rated. Don't be swayed by the critics -- just get the book and read it.
You'll find that the message (regardless of the delivery or the style of the writing) is all that matters. If at first the message seems redundant or unfamiliar or a bit uncomfortable, keep an open mind. Remember, repetition of a message enables you to integrate it more effectively. And, if the ideas are a little "out there" for you, it is the revolutionary ideas that are often the ones that inspire true discovery (in trading and life).
Mastering our trading psychology and self awareness is the key to pulling all the other elements together. A terrific system plus great fundamentals won't add up to consistent profitability unless we can master our mind.
A must read for tradersReview Date: 2008-06-28

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fun to readReview Date: 2008-08-28
Zinsser has Style!Review Date: 2008-07-23
The book is easy to read and there is no clutter. As a reader, I want to get to know the author. William Zinsser definitely has a style I will not soon forget!Diabetes Can Be Sweet . . . Once You Bury It
One of a hundred mustReview Date: 2008-07-14
This being said, I add that the ideas written in this book are the ones which any scientific or technical writer must bear in mind. They should be the standard in anybody's mind. Diverging from them is possible and sometimes successful, but risky unless the writer is especially trained or gifted for language. In summary: buy this book. It's worth its price.
In case you don't want to, I sum it up for you: straight words, short number of them, short sentences with as few subordinates as possible and revision and rewriting above all... and some justifications and variations on this philosophy. If you need to be convinced or are curious about why, or simply want examples of all kinds, buy the book.
Very insightful.Review Date: 2008-06-21
the definitive writing textReview Date: 2008-06-09

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Everybody even a fund manger should read it onceReview Date: 2008-08-31
Everybody who does not have time to read and understand Warren Buffet's methodly for investing should read this once.
I would call this as 101 in investing.
I have several years of experience in trading.
When I started reading this I marked the interesting lines/para.
Finally I found out I had marked almost the whole book.
He could have been a very good teacher.
I am thinking of buying several books to give as gift to some of my friends and relatives.
One little criticism in general:
Either this book or random walk on wall street finally conclude saying trade. That is what most of us are doing. The biggest differnce is that; This book says that pick a fundamentaly great stock then trade it until .... you find out.
How to pick a great stock? Buy and read it you will be happy you did it.
Very good value per dollar.
Thanks Phil Town.
Rasappa Palaniappan.
Rule #1 finally makes sense of it allReview Date: 2008-08-22
Great Investment Advice and an Easy ReadReview Date: 2008-08-18
I loved the book and I'm telling everyone about it!
VERY repetitive.Review Date: 2008-07-16
Rule #1Review Date: 2008-06-26

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This is one of her bestReview Date: 2008-06-27
Too sad for me.Review Date: 2008-01-06
Sexual language: moderate. Number of sex scenes: six. Setting: 1993 Mexico and 2003 El Paso, Texas. Copyright: 2003. Genre: romantic suspense.
My first Linda Howard... definitely not my lastReview Date: 2007-10-18
Cry No More has all the makings of a tearjerker, and was deliciously fulfilling and well written. But I didn't cry. I came close once. But for me the story was more enjoyable and engrossing than emotional. I rooted for Milla, for her quest for answers, for her to find her son, for her to be able to move on with her life, but I didn't pity her or empathize with her. She seemed to strong and solid for that. As a character, I don't think she'd want my pity--or my tears for that matter. Or maybe I'm just made of sterner stuff than the typical romance reader. Regardless, Cry No More will take you on a journey that is both enjoyable and difficult to turn away from. Read it when you've got a long weekend ahead of you to become engrossed in the story.
Loved it!!Review Date: 2008-03-29
Loved it!Review Date: 2007-10-17

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Excellent readReview Date: 2008-08-12
EntertainingReview Date: 2008-06-14
Overall a good readReview Date: 2008-06-10
Inspiration for daytradersReview Date: 2008-07-07
Motivating, Exciting, and InsightfulReview Date: 2008-05-25
If you have found that you have a real interest in trading/investing and want to make it a career, not just because of the money potential, but because you like the hunt, analysis, and challenge, get this book.
You will read real life stories of people that lost in the start, or lost it all, and then finally figured out the game (that fits their own style) and made millions. There are many PROs in the book that dish out some very insightful information. I can say it sure is encouraging to hear that these folks at times had a rough start but never gave up. Even if you do not want to buy stocks directly and just want to invest in the mutual funds, this book is really a fascinating look at the pros in this business. These folks in this book are the real pros and not just some analyst writing a recommendation to make a days wage.

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great book!Review Date: 2008-08-06
Innocent In DeathReview Date: 2008-06-25
Gets better and better...Review Date: 2008-01-05
Love how JDR flips from the emotions of one character to another.
This is a definite must read. Am so looking forward to 'Creation in Death'.
THE FUTURE OF MURDER, NEW YORK STYLEReview Date: 2008-07-16
It features a strong, capable (yet vulnerable) female Detective named Eve Dallas, her uber-successful drop dead gorgeous hubby Roarke; Sommerset, their dedicated, faithful and somewhat acerbic major-domo, Roarke's manipulative, sexy and equally gorgeous old flame Magdelana Percell a woman used to getting what she wants....and she wants Roarke; and Eve's partner, the ever observant Peabody.
Added to the romantic triangle aspect of the story is a fascinating mystery concerning the murder of a history teacher at a posh local girl's school. With no obvious motive for the killing, Eve is at a loss in deducing who the culprit could be. The author has provided us with a plethora of possible candidates from rival teachers to spouses to lovers as well as a look at 21st century technology.
Divulging any more details might spoil your enjoyment of this extraordinary tale. So, if your curiosity has been piqued, buy the book and enjoy.
HER USUAL EXCELLENT READReview Date: 2008-02-14

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Why so negative?Review Date: 2008-07-22
Perceptive guide to trading behavior.Review Date: 2008-04-18
Parts I, II and IV are great; Part III not so greatReview Date: 2008-07-30
Parts I and II of the book were what I expected -- psychology in the context of stock market trading.
Part III was very disappointing; the kind of pseudo-psychology to be found in many self-help books. Not only did this have little or nothing to do with trading, but it was also based on very dodgy science. I quote from page 100 "The experiences [...] will be transformed into electrical impulses of energy [...], the experiences will carry an eletrical charge [which] will be either positive or negative." I get this as an analogy; but to state baldly that positive experiences will be stored in the brain with positive charge whereas nagative experiences will stored with negative charge is ridiculous and plain wrong.
Part IV had the right trading bias, and contained useful information about market support and resistance points as a function of the market participants' psychologies and future expectations. In this part, the book redeemed itself -- but it was too little, too late, for me.
Throughout the book there is an undercurrent of advice to cut your losses efficiently without emotion when the market does not go the way you expect. Sound advice.
Tony Loton, author --
DON'T LOSE MONEY! (in the Stock Markets)
Financial Trading Patterns
Warning! Amazon's book is faultyReview Date: 2008-05-13
This book is absolutely awesome. I have nothing against it, and I consider it a must read for any trader. My purpose of this review is to caution you that there are missing chapters in the book that I received. It looks like the publisher screwed up.... Just a caution.
Best trading psychology and self-help bookReview Date: 2008-04-07
The best advice I get out from this book is "there're no failures or mistakes in trading, they are only reflections of what one needs to learn to grow." I have found many of the wisdom and "revealations" apply not only to improving trading results but also to almost all aspects of living too. Highly recommended to new traders!

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Good Day Trading BoookReview Date: 2000-08-28
lots of pages and little contentReview Date: 2000-10-01
The first 35 pages (sec. 1-3) is a broad introduction into the psychology of successful day trading, which says all correct things but its style is so dry that you would rather skip to the next section than to read it carefully. Even if you do read every word, you will get such absolutely correct but next to useless statements as the following recipe for successful trading (p.33): "1) identify an opportunity, 2) take immediate action (buy or cell), and 3) feel good no matter the result as long as the trade is consistent with you specific method or technical bias and was based on probability".
The second part of the book (Sec. 4) uses another 50 pages for interviews with several successful traders. This section is not too bad, although one cannot expect to learn much about techniques of successful individuals (even assuming that they are willing to disclose all their secrets) from 6-10 page-long interviews.
The third part on technical analysis is the most useful part of the book. It discusses how to identify trends and select entry points. Unfortunately, the charts used to illustrate the text are too numerous and large, and the text itself tends to be somewhat on the side of general statements. It is sufficient to say that about 50 out of 80 pages in this section are charts, and in my opinion only about 10 pages contain really useful concrete practical wisdom. These 10 pages were very useful since they suggest analysis techniques which I have not seen anywhere else, but its only 10 pages out of 260!
The rest of the book, about another 100 pages, is essentially a large appendix with lists of all NASDAQ and S&P-500 stocks, long excerpts from the TradeCast 3.0 user manual (who needs this section? those who bought this program had presumably gotten the full manual, and those who do not own it do not need these excerpts), and a glossary.
My advice: don't waste your time and money, there is so many better books around than this one.
Poorly done, slapped togetherReview Date: 2005-02-13
Worst sin? They didn't even take the time to format the "graphs" horizontally on the page, or with text. Every time you look at one of these graphs to try to understand the point Howard is making, you have to page ahead and turn the book 90 degrees and try to remember just what HA was getting at. By the time he mentions the 3rd graph you're already skipping ahead.
This is my first Howard Abell book and I have two pieces of good news: first, since I borrowed the book from the library I'm not out any $$$ (although I still feel cheated by the time I put in) and second, it's the last Howard Abell book I will ever read.
(I have a library of maybe $2,000 worth of investment books, so it's not like I won't buy a book of some value. Stick with Weinstein, Tharp, Morris, Nison, McMillan, Bill Williams.)
0 STARSReview Date: 2000-08-24
WHERE'S THE BEEFReview Date: 2000-09-06
Summary-For $40.00 and 269 pages, I found 90 pages (half of those charts) dealing with the Authors title(Moving from One Winning Position to the Next) or as a very famous advertisment slogan goes..... WHERE'S THE BEEF

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SEE THE DATES OF THE REVIEWSReview Date: 2006-07-28
That's why I always look at the "most helpful reviews", before buying a book. I certainly won't buy this one.
ExtraordinaryReview Date: 2004-04-21
High Octane Trading has all the elements for successReview Date: 2004-04-11
High Octane Options a better name is Lame Options Review Date: 2006-10-19
What Octane?Review Date: 2006-08-06
It is unfortunate that at the end this book ignores its own warning No. 11 "Do not be Jack of All Trades, the Master of None."
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Find out why trading is exactly 100% psychological.
If you harbour any other point of view, read this, you must.
Cheers, Yoda.