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Techniques of Tape Reading

Techniques of Tape Reading

List Price: $49.95
Your Price: $32.97
Product Info Reviews

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Rating: 5 stars
Summary: Fantastic book and thank you Vad and Chris
Review: If you are serious about trading and want to know what being a successful trader is all about, then get this book. The reviews discounting this book as vendor promotion are hogwash and done out of complete ignorance - IMHO. This book was founded on Vad's desire to help students hone their craft. Yes, a lot of the material has been covered in other books. Yet, Vad found a way to make many previously discussed concepts come to life in a profoundly useful manner, while introducing new concepts and ideas of his own. I consider this book a gift to the trading community and feel fortunate to have read it now three times. The folks at Reality Trader are the most honest, knowledge and powerful educators in the industry. Get this book and be thankful that there are people like Vad, Chris (and other Realitytrader.com educators(like Bo)) willing to take the time to help you through the stages of development. Fantastic work.

Rating: 1 stars
Summary: no use, go murray's technical analysis
Review: no indicator, if you want some thing more objective, find some books with indicator

i recommend 'high probability trading' by marcel or murray's book

Rating: 5 stars
Summary: Three Punch Book
Review: Psychology of a trader, tape reading techniques, real examples. Book was easy to read and understand and apply to my trading. I've read the book twice already in full and reading the first part on psychology again. This book is one of my classics that I go back to when I'm having difficulties. Thank you for the efforts.

Rating: 5 stars
Summary: Three Punch Book
Review: Psychology of a trader, tape reading techniques, real examples. Book was easy to read and understand and apply to my trading. I've read the book twice already in full and reading the first part on psychology again. This book is one of my classics that I go back to when I'm having difficulties. Thank you for the efforts.

Rating: 1 stars
Summary: Where is the tape reading?
Review: The contents do not have what is considered to be traditional tape reading. Maybe a little pattern recognition, some psychology, and some remarkably simplistic charts, haphazard in their application of technical analysis tools. I hate to be a skeptic, but I am extremely wary of books published by vendors. What happened to the thick, well-researched tomes of yesteryear? Writing a book seems to be more of an ego trip these days or a vehicle to sell one's services. Case in point: this book has a 1-page glossary with only a dozen entries. I consider that to be a lazy effort, which leads to my main criticism. The book is neither thorough nor complete.

Rating: 3 stars
Summary: Not Real Tape Reading
Review: The first part of this book is the best part. It talks about Vadym's progression from a losing trader to a winning trader. I would recommend reading the book just for this if not anything else. However, the tape reading part doesn't tell much about what real tape reading is. It tries to describe some principles behind volume but nothing in depth into how to interpret time and sales information, read tick information or read blocks. Plus, there are no NYSE examples which leaves 1/2 of the market out of the examples. While the first part of the book is excellent, the title is misleading as most of the value is in the first part with some attempts at Tape Reading in the second and third.

Rating: 4 stars
Summary: Will be on my Top 20 Shelf
Review: The progression of Vadym from his worst levels to his best levels shows a good trading psychology. The tape principles were informative and usable. The examples (although only Nasdaq and I agree with other reviews that I wish there were listed examples also) were very illustrative of the principles and overall general psychology of the book. Rarely do books have it all. Psych, principles and a system/examples to follow. This is a book I'm sure I'll go back to every once in a while if I am having trouble.

Unlike a few reviews, I don't feel this book is solely to push products. And to the individual that said Vadym came to America to live the good life, evidentally this person didn't even read the book. He "fled" to Canada, not America, lost a big part of his capital on a few dumb trades, before finally making it as a trader. That is far from the good life. Clearly just a bush league tactic to put some other advisory service in a review. Who's pushing products now?

Anyway, I can recommend this book as one in my top 20 on my trading shelf.

Rating: 4 stars
Summary: Will be on my Top 20 Shelf
Review: The progression of Vadym from his worst levels to his best levels shows a good trading psychology. The tape principles were informative and usable. The examples (although only Nasdaq and I agree with other reviews that I wish there were listed examples also) were very illustrative of the principles and overall general psychology of the book. Rarely do books have it all. Psych, principles and a system/examples to follow. This is a book I'm sure I'll go back to every once in a while if I am having trouble.

Unlike a few reviews, I don't feel this book is solely to push products. And to the individual that said Vadym came to America to live the good life, evidentally this person didn't even read the book. He "fled" to Canada, not America, lost a big part of his capital on a few dumb trades, before finally making it as a trader. That is far from the good life. Clearly just a bush league tactic to put some other advisory service in a review. Who's pushing products now?

Anyway, I can recommend this book as one in my top 20 on my trading shelf.

Rating: 4 stars
Summary: Good Book
Review: This book contains a great section on psychology and a good deal of examples on their perception of tape reading. I like the examples that dealt mostly with the capitulation and euphoria setups as I'm more of a contrarion trader. The volume and price combinations outlined in the book helped me to realize what I was looking at in these overeaction trades and why they were happening. I think traders will find enough information either in the first part or the 2 and 3 parts (or combined) to justify the cost for the book. I expect to go back to this one every 6 months or so as a refresher.

Rating: 1 stars
Summary: Self Serving
Review: This book is about a vendor that wanted to tell his own story to push his products. We are all supposed to be amazed at how he came to America to live the good life. This is nothing but a story to promote himself. Save your money.


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