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To: jaytee who wrote (670)10/30/1997 6:47:00 PM
From: 1stSunRay  Read Replies (1) | Respond to of 12617
 
I plan to post my review of Jim Cooper's books soon !
The main idea here is "the blind cannot lead the blind" ...
This thread is offering a great educational chance, let's learn from great daytraders, who are constantly "making a killing" !!!



To: jaytee who wrote (670)11/2/1997 3:26:00 AM
From: 1stSunRay  Read Replies (5) | Respond to of 12617
 
Hit and Run Trading, by Jeff Cooper

Hard Cover, large format, 157 pages, $100

Summary: "You can make money from the stock market every day" - announces this professional trader. He minces no words describing the tools he uses for short-term trading and day-trading. Follow Jeff step by step as he creates his daily "Hit list," waits for the "1-2-3-4 contractions" and then pounces on what he calls "expansion breakouts." Those explosions allow him to catch 4 to 15 point moves within days -
and he shows how he does it.

Table of Contents:

1. The Opening Bell
2. Terms You Need to Know Before Starting
3. Rules are Made to Be Broken - Except These
4. Creating the Hit List
5. Expansion Breakouts
6. 1-2-3-4's
7. Stepping in Front of Size
8. Expansion Pivots
9. 180's
10. Gilligan's Islands
11. Boomers
12. Slingshots
13. Whoops
14. Lizards
15. Secondaries
16. Putting Pieces Together
17. Walking the Talk: a Week of Hit and Run Trading
18. The Closing Bell

You can buy this book by calling 1 888 486-7861
or
by Web visiting:
mgordonpub.com

Jeff Cooper is a professional stock trader in California.

Short and sweet, why I like the book ?
Let me give you three reasons:

Chapter 4. Essential idea to select every weekend a 20
stocks Hit List, based mainly on trend and price, with a
minor criteria of sponsorship and liquidity.
I'm glad I've finaly learned to focus more on stocks above
$30-40 a share, with average volume under 200000 shares a
day. In the past, I was a "high volume penny stocks" fan ...

Chapter 5. Great breakout pattern that most consistently led
to 1-5 days profits. I've learned here to notice one great
theme: the best breakouts were accompanied by a daily range
that was the largest range of the previous nine trading
sessions. Before this book, I was too easy on buying almost
every new high, learning the hard way about false breakouts ...

Chapter 17. Sign of greatness, Jeff is really walking his
talk, showing us how he is reaching, step by step, his
weekly goal to net 10 total points. For me, EVERY page
of this chapter is worthy more than $100 ... Please Jeff,
I hope next editions will include a diary of 2-3 weeks of
actual training. This PRO diary is really opening the door
of a new career for many of us... Thanks Jeff Cooper !

This review is only reflecting my own opinions/likes/ideas,
feel free to check for yourself, everyone is so different ...

If many are interested, we can start a new SI thread.

1stSunRay

PS: My next review will cover Jeff Cooper's "The 5 Day Momentum
Method" !