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The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities

The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities

List Price: $55.00
Your Price: $34.65
Product Info Reviews

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Rating: 3 stars
Summary: Smart but doesn't know how to write
Review: This book is packed with lots of information, and that's good. The problem is that Farley doesn't know how to write clearly. In my opinion, clear writing is what you get from Dr. Alexander Elder or Toni Turner. For all I know, Farley knows more than they do, but he seems to be too inclined to use esoteric words that cloud what he is trying to say. After you finish reading a paragraph or page, you have no idea of what he was trying to say. I read these trading books very carefully and take notes. When I go back to my notes of his book, there is nothing there but random, unconnected thoughts. You know why? Because that's the way he writes. I am not saying don't buy it; it may be useful for somebody. But if you do by it, be prepared to sift through a rambling prose.

Rating: 5 stars
Summary: Well worth your time
Review: The Master Swing Trader is in a different class than any of the other trading books I've read -- the very high quality of this material cannot be praised too much. Farley's knowledge and insight absolutely shines through every chapter. I especially like the values and techniques discussed in this book -- it speaks right to what I need after 4 years of trading experience. Particularly, the 2nd section on the 7-Bells patterns is an absolute classic.

I see other comments about writing style, grammar, etc. I want to go on record as saying I found this aspect just to my liking. It was neither arrogant nor condescending, just right on point...and realistic to the Nth degree. I will say that this is no "trading for dummies". If you sit down to read it, turn off the boob tube, tuck in the kids, and get to work.

Rating: 4 stars
Summary: A comment on other reviews
Review: Hello - just started reading the book and would like to warn people that it is quite a difficult read. Not for me particularly but I can easily see how many reviewers had trouble - at times long winded or even pretentiously worded, where simplicity and eloquence would have served better. Perhaps the author goes out of his way to sound grand - needlessly - at the expense of readability for some and comprehension for others.

Now that 1st paragraph of mine is an example of babbling on unnecessarily and annoying people, as used in the book.

Having said that, there is substance in this book, there are even specific scans to use / implement / program, you do have to work at it though, but if you do that you won't come away saying "what a waste of time."

It is also very "negative" (realistic - sobering) in the beginning, talking about the many ways to mess up your trades and lose money, perhaps this negative tone might be disillusioning for some people but then again, so many other books have a stupidly optimistic tone to get readers chanting success and rush in with untested systems: to lose money.

Overall I think a very worthwhile book, but you will have to work at it, if you are a complete beginner then get yourself some experience + intro. books first or this will drive you nuts.

Might be an idea to get your hands on one and read a bit before buying.

Good luck!

Rating: 4 stars
Summary: Not for the beginer - read it many times to absorb the info.
Review: This is a very, very good book - probably one of the best- I agree with all the other celebratory comments. There are heaps of in-depth trading stratergies not talked of in many other books. Unfortunately these take many readings to clearly digest - who said trading was easy?

The book should be written more clearly and concisely as the grammar, layout and style of writing is not as simple as it could have been. This for me makes it a labour of love -But worth it. I would have given it 5 start ifnot for this.

As for the one star ratings - I cannot understand the sour milk?

The web site is also very good - read them both.

Rating: 5 stars
Summary: A system for using technical indicators to trade stocks
Review: This is one of the best books on technical analysis I have ever read. I feel it is beyond the range of a beginner to the subject. However, for experienced traders, this book gives a well thought-out, logical system for planning and executing ones trades. Many of the patterns are unmentioned in most books. Mr. Farley shows you exactly how he uses the subject matter to plan his trades. For the novice, this may seem repetitive. For anyone else, this is a valuable contribution. I cannot say this strongly enough: If you are serious about trading, you will benefit from this book.

Rating: 5 stars
Summary: Michael H.
Review: It's obvious that your brain had the capacity to only read for about an hour. The book is not just about candlesticks or S/R zones. You might have discovered that if you read a little longer. You also might want to take a look at The Visual Investor by John Murphy or pick up a copy of Fibonacci Fun by Trudi Garland. The second book mentioned is used by grades 5-8, which would be very appropriate for you.

Rating: 5 stars
Summary: Great book on market strategies.....
Review: If there is a single book on trading that I would recommend to anyone, this is it. The author covers the spectrum of swing trading considerations with a style that forces the reader to reexamine all of the assumptions brought into trade execution and management. It's not an easy read by any means, but both beginners and intermediates can save years of trial and error by starting here first. The methods are applicable across a wide range of financial instruments. Buy it, take a week or two off and study each chapter. Then read it again and use it to trade. The difference is night and day.

Rating: 5 stars
Summary: The Swing Trading Manual
Review: While I'm not sure that all of the market's mysteries can be revealed in one book, I can honestly say that Master Swing Trader is well worth its price. Above all, it gives the reader insights on highly effective approaches, and concepts of trading which I have used successfully for many years. In fact, many methods in this book have been "secrets" to those of us in the business well before the electronic markets took over. In my mind, this is a great indication that many of the patterns and ideas presented in this signature work will stay valid for real-life traders for years to come.

While I don't use the patterns in this book exactly the same way they are presented, the concepts and the insights are the same. The time spent reading it will be very well spent. I consider Master Swing Trader to be among the best trading books I've read, and I certainly feel that it is the best book out there about swing trading. It contains no hype, just sound swing trading techniques. I recommend it highly to all market participants, especially other professionals.

Rating: 1 stars
Summary: The most ill-worded slice of silliness ever concieved
Review: Mr. Farley seems to have received his MBA from one of those vague one inch ads in the back of Field and Stream. Who taught this guy how to sanely and sensibly convey technical trading approaches? After spending an hour attempting to negotiate and hack my way through this ill conceived mess, I just had to put the book down and laugh softly to myself. Who could possibly wade through this? For example, his weak description of the power and sagacity of candlestick techniques was an insult to pioneers like Steve Nison whose book, "Beyond Candlesticks" blows Farley away by miles. The man's got oodles of candlestick charts plastered throughout his epic, many clearly showing top and bottom reversal patterns and all the candlestick wisdom he can manage is a slight homage to Hammers and the Hanging Man candles. His reference to technical pillars of support and resistance zones was tepid at best. I read the defenders of his book before writing this and I must say that you guys must be taking the same acid he took before sitting down at his typewriter, smirking at the idea of all the profits generated from this deception.

Rating: 5 stars
Summary: The Tao of Trading
Review: When I first ordered this book, I was a little concerned that the 5 star reviews I saw might have been written by the author's friends.

Boy, was I wrong.

In my opinion, this is the best book on swing trading I have ever read. Although the primary audience is position traders, the book's principles can be easily applied to all aspects of trading, especially day trading. Most importantly the book is well-written, in fact you know it was written by a professional trader as soon as you open it. I highly recommend it because it offers some amazing insights.

I was afraid this book might be an advertisement for the author's web site. I was very pleased that the site was mentioned only once, and then just giving valuable information. This book is also up to date and doesn't try to sell readers on the tired momentum game, where everyone used to play the markets. It's a very hardcore study of trading strategies, and definitely not a good place for a newbie to start. But for the rest of us, the author has put together a very readable, concise manuscript on beating the market.

This is a must read for every active trader, whether a day trader, swing trader or position trader.


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