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09-14-2006, 11:05 AM
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Mastering The Trade by John F. Carter
Another great book written by a true trader. I have checked out John and Hubert's trading class in the past and I found it to be one of the best places to learn. The insight and education you will receive in this book is priceless. Although John discusses trading setups that require the use of his custom indicators, the chapters on gaps, pivots, and market internals are well worth the price.
In my opinion, the best chapter in the book talks about the use of market internals to...
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By
dowe66
on
11-29-2007, 12:47 AM
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Re: Mastering The Trade by John F. Carter
On 11-28-07 I felt:
As a new trader I am reading it now....I'll have to report on it later...but so far it has been one of the best books I have read as well as enlightening. On 3-8-08 I felt: As a day trader...I liked what the author had to say. I did learn a couple of new things, which made the book worth the price. I have several books about trading, this book is one that I no longer referred to, to check on something I may have read (it stays on the book shelf). If you are new, study something lighter and then take a look at this book-its a little advanced at times. Over all, I would give this book a 8 out of 10 because I did learn something, and that's what counts. |
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Last edited by dowe66; 03-08-2008 at 02:49 PM.
Reason: Updating
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By
sergey22
on
01-23-2008, 06:03 PM
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Re: Mastering The Trade by John F. Carter
I have to admit, this is the book that got me into trading. From a begginer stand point this book is priceless, it touches on many important concepts and setups of trading and leaves the rest for you to discover. I've been a long term subsriber to John's videos and I've learned a great deal from him. I don't think just by reading this book (If you are a begginer) you are going to be able to trade profitably, but it would definately get you on the right path.
Just like John said to become professional it takes at least 10 years, so the sooner you start the faster you will be there  |
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By
OAC
on
01-23-2008, 07:07 PM
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Re: Mastering The Trade by John F. Carter
I can't agree with you more there.
my next question is why does John Carter charge close to $500 for each of his TTM Squeeze, TTM Scalp, and TTM Brick Indicators like they are some Holy Grail Indicators ? Why doesn't he just give them away ? It sure create the wrong impressionj for a newbie in my opinion. Or is it that he needs the money because he can't make enough from trading ? |
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By
sergey22
on
01-23-2008, 07:43 PM
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Re: Mastering The Trade by John F. Carter
Its just another way for him to make money, even though I think its not ethical because those indicators are available for free and they are not that complicated. I really hope he does make money trading (he constantly claims that he does and this teaching business is just a side project from trading). ... There is no way of verifing it. I haven't read anything bad about them, eveyone says they are a real deal.
P.S. I remember him saying that he hired a programmer to develop those indicators, I'm a little sceptical of that because from my research I found that squeeze was not developed by him and he only changed colors on the indicator and claimed it as his. |
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By
james_gsx
on
01-23-2008, 09:51 PM
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Re: Mastering The Trade by John F. Carter
1 - Don't buy his book to learn how to trade and just like anything else, don't use someone else's indicators unless they work for YOU. He even talks about that in his book. 2 - His book is GREAT from the psychology aspect of trading. If you are new to trading then his book is great for that since it will open your eyes and realize just how harsh it really is. 3 - The section on market internals is awesome. He teaches you how to read internals and apply them to your trading. I have read his book and I don't use any of his setups. I'm glad I read it and I recommend it to anyone who is new to futures. I think his book is very real and that's probably the biggest reason why I actually read the book. You can download most of his indicators on TS forums and even some of them are around here. In his book he basically tells you what the squeeze is so it shouldn't be that hard to make the indicator yourself. If you're looking for setups or anything like that then don't buy his book. Buy his book for a great introduction to trading futures then design a system on your own that works for you (with the least amount of indicators as possible). |
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LinkBack to this Thread: http://www.traderslaboratory.com/forums/f8/mastering-the-trade-by-john-f-352.html
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| Posted By | For | Type | Date | |
| Mastering the Trade: Proven ... - Google Buchsuche | This thread | Refback | 01-27-2008 06:56 PM | |
| Mastering the Trade: Proven ... - Google Book Search | This thread | Refback | 11-23-2007 04:13 AM | |
| Any MP video learning resources? - Traders Laboratory | This thread | Refback | 08-02-2007 10:54 PM | |
| Mastering the Trade: Proven Techniques for ... - Google Book Search | This thread | Refback | 07-28-2007 04:24 PM | |
| Mastering the Trade: Proven Techniques for ... - Google Book Search | This thread | Refback | 06-28-2007 07:05 AM | |
| mastering the trade review - Google Search | This thread | Refback | 01-18-2007 05:06 PM | |
| Untitled document | This thread | Refback | 01-15-2007 10:45 PM | |
| mastering the trade - Google-sökning | This thread | Refback | 12-17-2006 05:14 AM | |
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