Is This Trading Book Worth $175.00

[youngsequan 10]

Hello Everyone,

 

I was searching on Amazon for a trading book to read

 

I saw this: http://www.amazon.com/Street-Smarts-Probability-Short-Term-Strategies/dp/0965046109/ref=sr_1_1?ie=UTF8&s=books&qid=1281959921&sr=8-1

 

I'm wondering just how good the content is for it to be this high

 

Hopefully someone here has read the book and can tell me what they think

 

I guess if it has content that can help change your financial future, it is worth the price

 

Any input would be appreciated!

 

Thanks in Advance

[zdo 20]

No. I think I gave my copy of this book away long ago...

No gems therein... precious or semi- precious.

One or two of the 'studies' do have 'collector' value - like the HistoricalVolatility work can be used in automated breakout work - but not stand alone

...and one other concept is 'tradable' but don't remember what it was right now... if I remember will let you know and you can google it.

...ie all the 'studies' are available elsewhere.

[TheDude 10]

LOL!

 

Spend the money on a good steak and lobster dinner.

 

That book is available free in some places. Try Googling it. At the very least you'll be able to get an e-copy off a Torrent site for the price of a burger & fries.

 

I had a copy on an old computer. I never gave it much time as trading is about more than a bunch of set-ups.

[thalestrader 14]

Beauty is in the eye of the beholder, I suppose.

 

I've learned a lot from Linda Raschke, though much more from her seminar than from her Street Smarts book; and much more in terms of attitude and managing my own emotions than particular "set-ups." As The Dude said, trading is more than a bunch of set-ups.

 

However, when I first applied myself to day trading, her "anti" set-up from Street Smarts became my "bread and butter," and a few years of doing nothing but watching for those short term pullbacks against a longer term trend has paid off for me in that I can "see" those entries without relying on the stochastic any longer, regardless of time frame. I bought a copy used, and I cannot remember how much I paid for it, but to me, it was worth many thousands of percents over what I paid for it. But that's me.

 

And yes, trading is more than a bunch of set ups, but as Linda Raschke points out in the opening pages of Street Smarts, you don't need a bunch of them - You just need one. You can't work on the other stuff if you don't have an approach you that you trust.

 

If you'd like to see a copy of her book, go grab my email from my profile at my blog, The Speculator King and shoot me an e-mail - I'll let you borrow mine.

 

Best Wishes,

 

Thales

[macdfx 10]

Hello Everyone,

 

I was searching on Amazon for a trading book to read

 

I saw this: Amazon.com: Street Smarts: High Probability Short-Term Trading…

 

I'm wondering just how good the content is for it to be this high

 

Hopefully someone here has read the book and can tell me what they think

 

I guess if it has content that can help change your financial future, it is worth the price

 

Any input would be appreciated!

 

Thanks in Advance

 

Guess the powers that be didn't want me to make your life easier for you...so just Google it and I'm sure you'll find an archived preview copy of it soon enough.

[thalestrader 14]

Guess the powers that be didn't want me to make your life easier for you...

 

Methinks the powers that be might be a bit concerned with copyright law and the potential for nettlesome and potentially expensive lawsuits. I used to post eBooks here as well, but I have been advised that it is more prudent to share materials privately among friends than publicly amongst the entire domain.

 

Best Wishes,

 

Thales