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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?


To: togrok who wrote (1127)8/12/1998 9:51:00 AM
From: Rick Slemmer  Respond to of 1729
 
Kenny:

There's a whole thread on Jeff Cooper's "Hit & Run" books. (M. Gordon is the publisher at mgordonpub.com ).

Subject 12444

RS



To: togrok who wrote (1127)8/14/1998 4:07:00 PM
From: Robert Graham  Read Replies (1) | Respond to of 1729
 
"Hit and Run Trading" is a good book that focuses primarily on breakout plays. His approach uses a combination of indicators that identify the direction and strength of the trend and then uses price patterns for entry. But it gives no special "secrets" that will make you wealthy like many naive beginner traders seem to look for in such a book. Also it is incomplete in providing a system to the trader. IMO it will be important for the trader to understand the stock market and how stocks trade before attempting to adapt the information in the book to their own trading approach. You will also need to develop your own exit strategies. This book is not for the beginner.

I have recently ordered his second book: "Hit and Run Trading II". It looks to address topics that was not covered in his first book, so they compliment each other, including that of exit strategies. Jeff Coopers books are two of the very few books out there on the short term trading of stocks. The other books of ST trading that are out there deal with the trading of commodities which is a different animal to deal with than that of trading stocks.

Bob Graham