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Rating: 
Summary: You Not Only Trade the Plan, you Learn to Plan
Review: Deel teaches you, from an insider's mind (he used to work the Floor), how to trade the markets. He teaches technical analysis and he doesn't stay clear of fundamental analysis although he stresses the technical side of things. It is his view that all the information is in the price. It is. But he goes on to teach that in spite of the price being the ONLY thing that matters in knowing where to place your investment money, he also explains that every stock does exactly what it's supposed to do... just not exactly WHEN it's supposed to do it. Therefore, your plan has GOT to make room for contingencies. I appreciate how he stresses stop losses. I know of many (poor) investors who heard the lie, "Don't place stops or the specialists will take you out!" If you're brand new to the market, I'd get a VERY intro book on investing first, and then I'd read/devour this text. It's not an advanced book but if you've never bought or sold a stock, it will confuse you. You don't need much experience though to make this work for you.
Rating:
Summary: You Not Only Trade the Plan, you Learn to Plan
Review: Deel teaches you, from an insider's mind (he used to work the Floor), how to trade the markets. He teaches technical analysis and he doesn't stay clear of fundamental analysis although he stresses the technical side of things. It is his view that all the information is in the price. It is. But he goes on to teach that in spite of the price being the ONLY thing that matters in knowing where to place your investment money, he also explains that every stock does exactly what it's supposed to do... just not exactly WHEN it's supposed to do it. Therefore, your plan has GOT to make room for contingencies. I appreciate how he stresses stop losses. I know of many (poor) investors who heard the lie, "Don't place stops or the specialists will take you out!" If you're brand new to the market, I'd get a VERY intro book on investing first, and then I'd read/devour this text. It's not an advanced book but if you've never bought or sold a stock, it will confuse you. You don't need much experience though to make this work for you.
Rating: 
Summary: Fantastic, Well Written, In-depth Information
Review: I have read many books on trading and this one stands out as one of the best. Very detailed, concise, comprehensive, and well written, this book will enhance the knowledge of any serious trader --- whether a novice or an expert. If you can only read one book on trading, this is it.
Rating: 
Summary: Disappointed
Review: I was disappointed by trading title. The large text (12 or 14 type font) and small size should have been warning signs. While the book definitely imparts important information every trader or investor should know, the advice is very simplistic. For example, chapter one explains that we should "buy low and sell high" or that we must be emotionally prepared for losses and gains. One rule he gives could be dangerous if incorrectly applied, and this involves selling too early. The author says that selling too early does not cause you a loss, after all. However, this could be hazardous to a trend following system which depends on a few large gainers. If those few large gainers are sold early, they will never develop into large gainers and offset the many losses. In short, and as other trading experts have noted, one CAN broke taking profits early because this may avoid the big gainers - unless your system is one which is more dependent on the frequency of winners than the size of those winners (e.g. a day trading system). The text is very introductory and should be for the introductory trader.
Rating:
Summary: Basic, but effective
Review: This book is a paradox. How can just a few simple concepts explained in a somewhat shallow way be 'enough'? Well, i've read books on money management that go too far on systems and techniques that aren't that easy to grasp or implement. This book by Mr. Deel goes a long way on showing you ways to complement your trading system with just a few rules that will keep you alive for many losing trades in a row, if such a tragic situation ever occur. So, don't waste too much time on making a buying decision. This book is for you. If you're into mathematics, this one will leave you wanting. If you just want a simple and effective way to complement a trading system so that you'll be right there for that next trade with enough tradind capital, than this is it. If you trade futures only, look elsewhere...
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