BOUGHT THE VAN THARPE BOOK!
very complete on coverage of topics (see amazon table of contents). the book went from simple to advanced. table of contents LINK: amazon.com
This book should be for those that have mastered the BASICS of TA and basics of trading. Ironically, it should be the first book to be READ for trading, but for beginners, most of the material would be hard to relate.
However, this book is perfect me. I've tried some of the different exit strategies on my own, and they are all mentioned in the book. Because I've tried it myself, I can relate to the topics.
For a beginner TA'er, who doesn't even know what a moving average is, it would easy to assume that the beginning trader would lack the comprehension of using moving average of a stop versus a volatility stop.
I will add more comments as I read the book. For those that don't me, I RARELY buy books and rather sit at the bookstore reading it. But, this book was so packed with information, that I bought it. $30 v. $500-$2000 his course, easy decision.
Also, he has a comprehensive comparison between other trading strategies and how they use exits/stops. Again, after many years of trading, those trading strategies are more familiar.
I hope my above post made sense. I'm just typing away -ggg-
Thanks again for ALL THOSE PM's from ppl reviewing and commenting on the book. Any other good books, please share with us! Again, trading, there is NO HOLY GRAIL. You must try different setups/strategies, and see how they fit with your psychology. |
