09-14-2006, 11:56 PM
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Status: Super Moderator Join Date: Aug 2006 Location: Tokyo Thanks: 545
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| A Professional Look at S&P Day Trading
As you may have noticed from the poor rating I did not enjoy this book. In fact, this is more of a pamphlet than a book. At $29 with 69 pages of mostly charts, this is way overpriced. The only strategy the author talks about is using stochastics on 3 different time frames. When all stochastics point in the same direction, this is the trading signal. If this strategy worked, every trader would make money.
The only trading wisdom that is worth noting is using indicators in multiple time frames for confirmation. Unfortunately this is not my method. I can not quite recommend it. So hence my rating.
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