Trading by the Minute

Rating:
Summary: Best book in trading
Review: Excellent book on trading Buy it now

Rating:
Summary: This is as close to the Holy Grail as you can get
Review: I have bought over a hundred books on trading. Each has something to say, however slight. This one has more information than most.

Considering the book was written before E-mini and 8 second fills arrived, it is amazing how much trading technique is still valid.

If you are new at futures trading, it will take a while for the information to all make sense. The more I trade, the more stuff in this book comes home.

I make money (and keep money) on what this guy says in this book on a regular basis! What else do I need to say.

Also, check out the Ross Hook book. They are both classics.

Rating:
Summary: Fasten Your Safety Belt!
Review: I have read the reviews of Trading by the Minute and can identify with almost all of them. I have been there. It's not my intent to argue with some who say the book is too difficult.

Would you want a heart transplant performed by a person who read a book on the subject one time? This stuff does not just jump from the pages into your head and then you go do it. Life just doesn't work that way.

I too when I began to read my first Joe Ross book thought it was too complicated, too hard, too everything! But, I stuck with it, like many of his students. And years later, not weeks nor months, but years, (and after many losses in the market)I began to get it. And, if I can get it, so can you, and probably in less time than it took me.

I'm very slow. I was 50 years old when I discovered Joe Ross. I'm now 60 and things are more difficult to grasp nowadays for me. Joe is like am old friend and when I find myself taking some hits in the market, I pull out maybe, "Trading the Ross Hook" and discover that I have strayed yet once again.

His system for covering costs work. If the specifics he describes no longer fit a market, adjust yourself to the market, but the system is sound.

Joe offers consistency in a world of always looking for the next answer to making money in the market.

When things are slow, I read the S&P trading section of Trading by the Minute. I'm almost sweating by the end. That section is the most spell binding display of trading prowess I've ever experienced.

If you really want to succed in the futures business, do your self a favor, study Joe Ross.

Rating:
Summary: Useful for "MoMo" Internet Stock Trading, too
Review: Most people who trade Internet stocks know by now that these stocks behave more like commodities than anything else. Besides futures, Trading By The Minute will help you to trade these volatile stocks more accurately.

This book also just reads very well. Joe Ross is an excellent author and teacher and his 4 decades of trading experience comes through in his writing. Highly recommended.

Rating:
Summary: WAY TOO OVERPRICED
Review: There are a lot of helpful ideas in this book, and may have been new and special at the time Mr. Ross developed them. But these basic concepts have been expressed over and over again in other more reasonably priced offerings. As a matter of fact, most of what is in this book is available for free at the author's website.

I do not think the cost warrants what is really just a breakout system from a congestion area.

Rating:
Summary: MicroTrading
Review: This is a decent book, but I do not believe it is Ross's best work...I also would say that if taken out of context, it might do more harm than good for most traders...Since the majority of aspiring traders are enamored with the concept of trading on the short-term time frames, a book with a title like this will prove to be a large temptation for most traders...Ross, in other books, states that he is very selective about most of his trading and does not regularly "scalp" in and out of the markets...That being said, I would say that I am not certain that some of the techniques that he advertises such as "bracketing" trades in the sp futures would be successful in the current markets...I do, however, agree 100% with time scaling and using larger time frames to enter the trades on the "micro" time frames...I just do not believe that trading breakouts on the micro time frame will lead to long term success...There is far too much "slop and chop" in today's markets for these techniques to have any real consistency...