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Published by Soultrader
10-02-2006 |
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By
tab321
on
10-02-2006, 06:03 PM
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Re: Techniques of Tape Reading
Thanks for the tip on this book
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By
Soultrader
on
10-03-2006, 03:08 AM
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Re: Techniques of Tape Reading
Hi tab321,
You are very welcome  I personally found it to be a great book. I recommend it if you are interested in learning about tape reading.Soultrader |
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By
keymoo
on
02-18-2007, 03:59 AM
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Re: Techniques of Tape Reading
Well, I'm going to buck the trend here and say I was disappointed with this book. As I read through I kept waiting and waiting for the author to talk about tape reading, but he never did! The book starts off with an autobiography of how he started and leads on to various tech analysis setups which can be found in any good trading book and he talks about volume which is great. However, there were NO techniques on reading the tape (time and sales). None. There was not even one single screenshot in the whole book of Time and Sales.
If I wanted a general tech analysis book or a book on price and volume, I would have sought that out, I wanted a book on tape reading, and this book does not deliver even 1% of the topic of tape reading. A big disappointment. I am still wondering why the book was called Techniques of Tape Reading, I am amazed. |
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Last edited by keymoo; 02-18-2007 at 04:01 AM.
Reason: added more ranting
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By
ItalianSharp
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07-09-2007, 05:34 PM
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Re: Techniques of Tape Reading
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By
BlowFish
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07-10-2007, 02:40 AM
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Re: Techniques of Tape Reading
I was a bit ambivalent towards this one. As others have said I was a little disapointed on the whole. It seems that Vlad is quite discretionary in his aproach, while he points odd reasons why there might be something he 'does not like' in a setup this side of trading is always hard to get across.
I thought as a beginner book it probably would not be enough to get you trading based on 'reading the tape'. A more experienced trader would probably be familiar with most concepts anyways. Having said all that I still enjoyed the book as I like reading another traders take on things. It also is based on (what I believe) are solid market principles. |
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By
luke24.5
on
10-17-2007, 11:45 PM
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Re: Techniques of Tape Reading
I like this book a lot. I don't understand the comments about not being about tape reading at all. Whether one uses MP, VSA, Delta, Candles, Patterns or whatever to read the market generated data (the tape), it all boils down to identifying support/resistance points and supply/demand shifts so one can plan his strategy and change on the fly if needed.
Graifer shows how he thinks and what he looks for to initiate a trade and what he looks for to stay in or get out of a trade. I would like to have seen more illustrations on the e-minis rather than stocks but the principles certainly apply. He apparently trades in greater quantities and must worry more about his fills than someone trading a few lots on the eminis. Therefore he must focus on the volume spikes. But whatever it is, it's reading the tape. Price + Volume + Time. What he looks for in those elements is in the book. |
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By
jessechan
on
10-18-2007, 12:42 AM
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Re: Techniques of Tape Reading
I like this book as well. This is a beginner textbook for tape reading. After having a grasp over it, one should read the following books as well:
a. Tom Williams: Master the Market b. Bryce Gilmore: Price Action Manual 2007 c. Suri Duddella: Trade Chart Patterns like the Pros d. Linda Raschke: Street Smarts To be more complete, one should spend more time on trading psychology as trading success is a 90% mental game. |
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By
jperl
on
10-18-2007, 11:15 AM
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Re: Techniques of Tape Reading
In today's terms, tape reading would then mean looking at "Time and Sales" data and nothing else. If you want to learn about historical tape reading then look at the early works such as "Studies In Tape Reading" by Rollo Tape (Richard Wycoff) "Tape Reading & Market Tactics" by Humphrey B. Neill "Ticker Technique" by Orline D. Foster and the all time classic: "Reminiscences of a Stock Operator" by Edwin Lefevre |
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LinkBacks (?)
LinkBack to this Thread: http://www.traderslaboratory.com/forums/f8/techniques-of-tape-reading-492.html
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| Posted By | For | Type | Date |
| Traders Laboratory | This thread | Refback | 10-19-2006 03:38 PM |
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