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Rating: Summary: Goes Beyond the Average Book Review: Chande goes beyond the average book on technical analysis to some of the most important topics of trading. Unfortunately, he is stuck in an old paradigm of one contract/market at a time. As a result, his conclusions are not at all accurate. This is a disappointment because he really is trying to take the trader to the next level. Interesting, but be careful of the results.
Rating: Summary: Don't bother Review: Chande is a respected technical analyst, but his book is lacking. The trading concepts he brings out are interesting, but the systems themselves are weak. Someone might be able to take his concepts and improve upon them by writing better systems based on his ideas. For example the "channel-break pullback" pattern is a very valid concept. The code does not capture, in my opinion, a real life breakout and pullback. To place an arbitrary number of days to buy on a pullback, instead of using conditions to verify the completion of the pullback is like saying the market will always top or bottom after "n" number of days. I was very disappointed especially with the high price of the book. These systems will not improve your bottom line. Pass.
Rating: Summary: Beyond Technical Analysis : How to Develop and Implement a W Review: I found this book helpful in formulating ideas in how to develope trading systems.It could have been formated better to make reading easier.The formula's should have been written in both Metastock and Easy language code.
Rating: Summary: A must for a system trader Review: The book gives a very systematic way to the trading system development and the guidelines on the "performance" measurements. Recommended !
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