Rating: 
Summary: Invaluable Insight Into Wall Street and Trading
Review: Having read several books on short term/day trading, I realize that my time up to now has been wasted. This book covers every question I still pondered about and more. Not only do these two highly successful authors cover all of the psychological aspects of trading successfully, but they also cover specific charting techniques which work either alone or in conjunction with other techniques which the trader may already be using. To put it directly, this book has already paid for itself many times over. I highly recommend it to intermediate traders who already have a basic understanding of the markets and trading in general. This book will definitely take your trading to a new level only dreamed of prior to the reading and applying of their mastery. Although, I do have one complaint that I must mention -- shame on McGraw-Hill for all of the typos. The final manuscript obviously wasn't proofed before publishing. Tsk...Tsk!
Rating: 
Summary: Huge Disappointment
Review: This book was a huge disappointment. There are much better books out there written by "real traders" Those who have more experience on Wall Street. The book is an advertisement for their Chatroom which is 750/month.
Rating:
Summary: Professional Traders, probably: Amateur Writers, definitely!
Review: To be fair I am less than half way through and can make no judgment yet on the trading systems and tactics they offer. But if these guys are now so well-off from their mastery of trading, why could they not afford a decent editor for this tome. I honestly have never read more poorly put together prose. Misuse and misspelling of words, so much redundancy that they must think the reader is dumb or has zero attention span, supercilious quotes sometimes repeated accidentally in neighboring paragraphs, and a really really low density of information. If I had wanted a tongue lashing combined with a sophomoric pep talk delivered from an arrogant role model, I'd by a Rambo tape. I have no axe to grind and have not lost money using their services. I will read this drivel to the end. For now it seems that a one page list of dos and don'ts with instructions to copy it over 100 times until it sinks in would replace what I've read so far.
Rating:
Summary: Interesting
Review: I purchased this book becuase of the disparity in the online reviews. Either fives stars or one star. Being a profesional trader for over 15 years, I am always intersted in learning new techniques. Nothing new or interesting here. Just basic information that is avaialbe anywehre. The 200 Period moving average has been around froever, how they call it the Pristine 200 Period MA is amazing to me. Having written serveral trading systems myself, I always backtest what I write before using real money. This tells me whether or not it will be succesful. Why havent any of their techniques been back tested? Maybe becaue they don't work. I am so disspointed that I spent so much money for so little information. He (Oliver) is a master salesman. He should have a Dale Carnegie type seminar instead of a Pristine Traidng seminar, it would provide more value. Save your money.
Rating: 
Summary: Retracting my previous comments
Review: I have done some more backtesting and checked previous results and their strategy doesn't look too bad now (no worse than lots of other stratgies anyway). I got the annualised profit results which are between 70% to 100% pa, however I still have to run additional tests to confirm this. Don't know how stable that is at this stage. Also, I realised that in one area my system I think was slightly different. What happens when the stock keeps falling after the initial buy set up conditions are met - ie 3 days of lower highs and lower lows. My system follows the stock down until a buy trigger (entry point) is finally generated. They state that the peak has to have occurred within the last 8 days so I guess outside that period the buy set becomes null and void. Back to the backtesting...could be promising. I have also moved to papertrading stage with this. Apologies for commenting in such an emotional state last time. Thanks for backtesting ...otherwise I'd probably be too emotional a trader. (LOL)
Rating:
Summary: Disappointing backtesting results
Review: Just like many of other readers I was initially seduced by the entertaining and motivating style of writing. I was so motivated that I couldn't wait to commence the backtesting. My partner (a programmer) and myself went to great length to model the strategy (Key buy setup etc near the end of the book)including all their entry and exit parameters/details as outlined by the authors. The results were truly disppointing - no better than tossing a coin. I still feel deflated. To all those who have been disappointed by the pristine services I can only say - You are not bad traders - you just used a faulty technique.
Rating:
Summary: New York Cowchips?
Review: I have been trading for years very successfully and often find it quite amusing to read books that are about trading. Off the top, I like to give everyone the benefit of the doubt, but I just have to believe that since there is absolutely no hard evidence that any of these techniques really work...they must not....there is not even any backtesting test results which is also not not even respected in the industry...Just show me the real statements of the authors as evidence that's all...and I would pay big money for all of their services in a New York minute....I am going to use this book in the next local cowchip throwing contest....just goes to show that there are also cowchips in New York....
Rating:
Summary: I returned this book after reading the first 200 pages
Review: I couldn't take it anymore. Every paragraph tells the reader that he must join the Pristine Chatroom. My questions to the authors is, "If your chatroom and stock picking services are so great, and you have a limit of 500 people in your chatroom, which has been established back in 1995, why do you only have 60 members in the chatroom? If your service was so good, I am sure there would have been a wait list to get in your chat room. I saw one of the authors give a presentation in California last month. This is what he said, "I would rather see you lose all your money trading the Pristine way than make a million dollars trading the wrong way!" Needless to say, I was in shock.
Rating:
Summary: Avoid this book
Review: This book is a long informercial. It contains nothing in value. Buy Toni Turner's book if you are a beginner then read Tony Oz's and Steve Nisson's books if you want more advanced information. This book is the biggest sales pitch I have ever seen. The author's basically say that you will not make any money unless you will pay them thousands of dollars and subscribe to their services. I returned this book.
Rating:
Summary: Here's the truth...
Review: Before I purchased this book I read the many reviews posted here on Amazon. I was curious to see such a wide and distinct difference of opinion. There were either five star raves or one star pans. How could there be such disparity? So, for all of you wondering the same thing, let me shed some light: This is an excellent book with great insight into trading techniques and the mental state of a master trader. Make no mistake about it -- this is one of the best books (if not THE best)I have read on the subject (and I have read many). So, what about all those pans? I can only draw one obvious conclussion: They must be failed Pristine students. It's the only thing that makes sense. In fact, you'll notice many of the pans sound similar. That's no coincidence, that's probably one disgruntled trader. Yes, these guys constanly flog their Pristine.com service, but who can blame them? They're smart businessmen. As a very successful trader I only have one complaint for Velez and Capra - Stop giving away our secrets!
| 
