How to Develop a Profitable Trading Strategy: Why You Should Do the Opposite of What the Majority of Traders are Trying to Do Paperback – February 14, 2017
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How to Develop a Profitable Trading Strategy: Why You Should Do the Opposite of What the Majority of Traders are Trying to Do Paperback – February 14, 2017

3.9/5
Product ID: 44841606
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3.9

All from verified purchases

C**T

Great book that shows a different view on trading

I totally agree with this book, many smaller profits can give great results. It helps to target pricier trading vehicles, such as e-mini, or options on SPX or AMZN. The strategy of the book (cross-over of MA's) is a bit basic, there are other signals that can be used, you're looking for a signal that indicates a small trend start (begin of swing up). Even Heikin Ashi candles can be used for this. The five minute chart is much to noisy, the one hour chart is more relaxed and you can easily target profits of 10 - 20 points with little risk.

R**E

Short and Sweet

Wow a different perspective. I have been looking at trading from the 1:3 risk. I think I’ll swap that and start looking at 3:1 risk. Let’s see what happens.

K**R

Insight on a whole different approach

This book has been an eye opener to see how trading can be approached completely different from the norm. A must read for anyone struggling in trading.

M**T

ok

okay

T**Y

Waste

Don't bother wasting money. What is annoying is a book made out of notes.

K**O

This Method Looks Good!

I have read several of the author's books and they are short, but excellent. This newest book is no exception.The advice given, as the title suggests, flies in the face of trading dogma. However after trading in demo mode for only a short period of time, I can see that this method has merit.It's an inexpensive, easy read. If you, like me, find it difficult to sit in trades for a long time, then this scalping methodology might be for you.Kempo

K**R

Very informative.

Very informative. Already reaping dividends and opened my eyes to new avenues of trading. Clear presentation provided examples that were/are applicable to my current and amended strategies. Would definitely recommend this book to any trader like myself who has been in the market for a year or so and needing info along with encouragement.

A**R

OK

OK

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Good experience, but the tracking updates could be better.

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