Rating: Summary: Pass ont This Title Review: I received this book as a present and found it to be a terrible read. It is useless for active traders and investors. Please save a tree and dont buy this book
Rating: Summary: Not an easy read, but still very useful Review: I bought this book a couple of months ago. I agreed with many reviewers that this book is very hard to read. To be honest, I almost wanted to return the book a week after I got it. I am very glad I didn't though, because it contains lots of useful info, even though I have read only 100 pages at the time of writing. It has helped me find a trading method that's suitable for my trading style and has improved my conviction in my trades. I only wish I had read 100 pages of this book before I start trading. I would definitely recommend this book to anyone who wants to learn technical analysis and indicators. It may take you a year to finish the book, but it will be worth it. Of the 3 essential Ms to trading (money mangement, mind, and method), this will help your method greatly. For mind, I recommend Douglas' Trading in the Zone.
Rating: Summary: Overhyped incomprehensible garbage Review: Lesson Number 1: Don't buy a book on trading written by someone who does not successfully trade for a living, or does not have a track record to back any claims. I'm not sure who this book (if you can call it that), is aimed at. This is obviously one massive brain dump from a guy who I would like to have on the other end of my trades. He has an amazing ability of making simple concepts incomprehensible. I don't know what he was thinking about when he wrote this book. There is absolutely no structure to it and he spews out "advice" (most of which any trader worth his salt would know) without showing how to implement them. I'm amazed at some of the rave reviews this book has got. Ith just goes to show that some people will read anything. As an author myself and a professional derivatives trader, I can honestly say that this is the most vacous book on trading I have come accross. This book is a complete waste of time. Don't waste your time or money on this book. Most of the material is public domain knowledge, we can be found (in more comprehensible prose), freely on the internet - with a little due diligence.
Rating: Summary: Wise insight, bad readability Review: I bought this book a year ago, and tried many times to read though it, but gave up. This guy has good knowledge, but wrote in a way he talks to himself that can hardly absorbed by others.
Rating: Summary: How much time was spent editing this book? Review: Farley covers a ton of ground in this book but it is simply a horrible read. It seems like he sat down and wrote the 400+ pages without any outline. He is all over the place. The subject headings mean almost nothing. He will write a few lines on the specified topic but start to wander off and end up on a topic he has already mentioned half a dozen times. This guy also needs a thesaurus. He seems to have a very limited vocabulary and by the end of the book you are left wondering why he can't mention an indicator without calling it "classic" or go a paragraph without explaining the market using the words "greed" and "fear." Avoid this book.
Rating: Summary: A good book beyond the apprehension of the mass Review: Seldom on Amazon a popular book (with 187 reviews utd) carries so extreme comment as this. I fully understand so because I did have negative feeling of it, which only improved gradually from page to page. In the beginning, the book really seems so complicated, full of jargons, candlestick charts elaborating on chart patterns with little reference to oscillator indicators like MACD, Stochastics, which I personally believe the alignment of several of them to be a prerequisite for any profitable trade. In the end, I realized that if I didnt put so much emphasis on the words "Swing Trading" and its virtual difference with "Momentum Trading" which the author criticized much, this book is not so bad when considered to be a general trading book with above average practical advice. Amongst others, I found the following so called 7 Bells, tools to locate outstanding opportunities most interesting. 1. Dip Trip - Price that moves against a strong trend will rebound sharply 2. Coiled Spring - Constricted price gives way to directional movement 3. Finger Finder - Candles flag reversals in the next smaller time frame. 4. Hole in the wall - Gap downs after strong rallies signal a trend change 5. Power Spike - High volume events print the future diretion of price (Big volume kills a trend) 6. Bear Hug - Weak markets drop quickly after rallying into resistance 7. 3rd Watch - Breakouts through triple tops signal major uptrends In a word, this book is quite a helpful tool of reference amidst the competitive life of trading which regular glance of its graphs do help much to refresh one's mind. Complex, time consuming but well worths the price.
Rating: Summary: Brilliant! Review: One of the few "must read" books on the workings of the market. Only Schwager's "Market Wizards" can rival for passing on insights into the market. I did not find it hard going. It was engrossing. I am reading it for the second time. If you are interested in trading short or medium term, BUY THIS BOOK.
Rating: Summary: Do not buy this book Review: I return this book after a week of reading. In my opinion this book is so hard to understand that it is not suitable for me. I am a professional stockbroker and like to read books especially trading books.
Rating: Summary: I regret this buying Review: I've tried to read this books serveral times but I can't keep reading more than 15 minutes. It is not well organized at all. Graphics are not commented in the text like any good book out there. You have just some lines over the graph and that's all. Obviously, often you don't understand what the autor means. There may be something interesting inside but it's definitely unreadable. I have to recognize that it's the worst compared to other books I've bought (Alexander Elder, Martin Pring, Steeve Nison, Van Tharp, Mark Douglas, Jake Bernstein). I cannot understand other reviews giving 5 stars.
Rating: Summary: Helped me survive Review: This book helped me survive the bear market. I came upon it two years ago as well. It got me thinking like a survivor. Its been paying off this year for sure. So many go out of their way to diss Farley. It sounds like the snake oil guys cant stand having a real teacher around. 5 stars and worth every one.
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