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A**R
Excellent
This book is top-notch. I don’t often get excited about a trading book but I did with this one. It's not just a solid trading strategy, the book is also an excellent overview of the dynamics of price movement in the market.The thing I really enjoyed about the book is that it is essentially a discussion about how market prices move and from there a trading strategy is built based on these principles. These are the types of books I seek out. As I have built my market price knowledge over the years I have found a recurring theme that the best understanding and analysis of market movement is from people with a scientific/mathematical background. Those concepts are directly applicable to market dynamics.Volatility is the “master of the markets” and price follows as directed by volatility. In fact, volatility cycles are what the market is. Volatility as energy in the markets is a direct analogy in the book. The best part of this knowledge is that it is mathematically measurable. I trade with the same principles as in the book, just using a few different tools. I have traditionally used the squeeze indicator to measure these potential energy moments and I had never heard of the Choppiness Index before. From the book I have found that the Choppiness Index is an excellent addition to my trading. Multi-timeframe analysis is absolutely necessary and I really enjoyed how it was included it in the approach.I'm glad to find an excellent resource from an analytical approach. It will help my trading and it will be one of the few books I will recommend to new traders going forward in order to give them a good overview of how things work and what they should focus on to get started.
M**S
Best book I've read so far to help identify trends early
Bought this book along with Hacking the Holy Grail. Great insights that I have now incorporated into my trading. Has really help me identify trends early and when to get in to make a profit. I work so I don't have my eyes on the charts all day but for a part time trader this has really helped me make more profitable trades. Using the fractal energy study in TOS along with the hourly/daily/weekly charts has helped me understand the trends, marking the recent lows and recent highs along with the fractal energy to see the movement. Would recommend this to any new trader. This book help you easily see the swings in the market and tickers you want to trade.
S**S
Most cogent trading book I've read!
Once I started reading this book I couldn't put it down. That says a lot for a book on trading! I’ve been trading options while ferociously consuming countless books and courses for the past two years. Most books are poorly written with little useful content but with a lot of hype and countless examples of trades that worked. This book was far and away the best I’ve read. It is cogently well written, humble, and highly educational. I feel like a much better trader today on Sunday than I was last Thursday. The book covers multiple time frame analysis used in conjunction with the Chopipness Indicator (similar to John Carter's TTM Squeeze) in a manner that is straight forward and comprehensible. I highly recommend ths book for new and intermediate traders.
C**B
Fantastic Book Overall
Just wanted to say this book is $$$ and I enjoyed reading it multiple times (repition is the mother of skill). There are some pretty advanced concepts in this book, but they're presented in a strait forward, no BS methodology, and overall the book does a great job of layering additional concepts without overwhelming the reader. Just a heads up, the book doesn't seem to open on the Kindle Cloud Reader (or maybe it's just me) but the book works fine on the Kindle iOS app or the Windows Kindle program. Also, have to give a shout out to Ready Set Crypto on YouTube :)
A**W
Fresh Perspective
This is one of the only books about trading that resonated with me instantly. The concepts are very intuitive. Challenging to master, but intuitive nonetheless. Thanks Doc!
N**S
A good book if you get confused with multi time frame analysis
I liked very much the way the author presents the multi time frame analysis and multi time frame trading with an indicator, very good Indeed.However the Choppiness Index & the laggard LaGuerre RSI would not offer much to your trading ability. I have traded with both in the past and the choppiness index did not result reliable to me and to my style of trading which is basically trading the daily time frame by looking the weekly and monthly time frames in order to ride the trend. But again that is me!The choppiness index is trying basically to measure the linearity of a movement in a non linear environment! but it seems that this indicator speaks to the author! To another successful trader the Acceleration/ Deceleration could even sing to his mind the same story as the chop index index does to the author. With regards to J. Ehlers’s LaGuerre RSI which is a kind binary in its signals indicator (setting of alpha at 0.5 and boundaries at 0.9 and 0.1) which is good but a laggard addition to your trading life. Eventually Price leads, if you were to align your daily time frame with the trend of the monthly time frame, it would be even better! Indicators are good in order to create and set rules to your plan but price action goes first.This book is very good to tell you about how to trade your multi time frame analysis using an indicator, you the reader could use another Indicator(s) and that is the essence to find your way.Thanks for the little gems offered and for the pleasant reading.
A**S
Good book
Good book
P**A
A terrible book. A total waste of money. Nothing worthwhile.
Waste of money
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1 个月前
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