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Strategies & Market Trends : DAYTRADING Fundamentals
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To: WaveSeeker who wrote (9043)6/20/2000 10:20:00 AM
From: OZ  Read Replies (1) of 18137
 
First, a word about the Cooper/Connors/Raschke books - overpriced, large-print books with simplistic patterns with names such as "Holy Grail". The patterns described in the book simply don't stand up to backtesting,

I make mucho using setups like and similar to what they describe. If these were supposed to be "system trades" they would just program them into a computer and execute them automatically. The kind of setups are best applied by the DISCRETIONARY trader and as a catalyst to be used with his inner resources. This is where the magic occurs. Street Smarts (Raschke) is a great book and worth the money.

OZ
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