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Rating: Summary: DANGER: AVOID Review: ... I wasn't happy with the software design or signals, but when the data download software stopped working only months after I bought the product making it useless, they told me they didn't know how to fix it? and I would have to "upgrade" for more money, eventually they kept all the product cost without resolving the problems and ignored all my correspondence. I am a Tradestation Easy Language expert, I have been trading and investing now for over ten years including consulting with online sites, and I know for myself how important it is from the very start to cut losses, but just as importantly to cut costs, because reality check, I never found any "system" in my own exhaustive testing that works consistently well. So if I could do it all over, as Trader Vic Sperandeo points out, capital preservation is bottomline crucial for success, I would buy absolutely nothing except a few good inexpensive books with all of the core technicals and fundamentals thoroughly covered. A somewhat useful free book is Charlie Wright's "Trading as a Business" from Omega Research, customer support has always been acceptable to me, and my brother likes his Supercharts software, a relatively inexpensive way to test ideas and find out there is no "system." This "Seven Chart Patterns.." book was mailed to us free of charge by the way and I think it is worth reading for free, probably by contacting Nirvana Systems, but I will personally never do business with them again. "Piranha" Systems demonstrated to me through their business character and my bad experience just how much they support, value, and respect me the customer.
Rating: Summary: Simple but Sublime Review: I agree whole-heartedly with the writer above who stated that this book is simple but gets right to the point. These are the basics, of course you want to build on it by reading other books, but you will rarely find this much helpful imforation in so few pages. (While curious about his software (Omni-trader) I don't think I would leave Tradstation for anything else.)I've read hundreds of books on trading and sometimes I have to put everything aside and review the basics and this book is quick at hand. If you master his simple techniques and use good money management you will be a successful trader. I'm sure many traders want to feel what we do is far more sophisticated but it doesn't have to be. That's the point. Don't stray far from the basics taught here.GAD GAD
Rating: Summary: A Joke Review: I worked for the author. I think the most telling point is he does not trade. He sells software and writes books for you to trade but very rarely executes trades himself. That should tell you a LOT.
Rating: Summary: Don't read too much into the title Review: This book (really a pamphlet - only 42 pages) shows examples of basic chart patterns such as trendline breaks, cup and saucer, retracements, gaps, consolidations, etc. The description of each one is very brief. You can usually get the same information for free by attending a charting lecture at your local investment club. On the other hand, it is brief, concise, and a good primer for someone just beginning to look at the world of technical analysis.
Rating: Summary: A whispy primer Review: This book (really a pamphlet - only 42 pages) shows examples of basic chart patterns such as trendline breaks, cup and saucer, retracements, gaps, consolidations, etc. The description of each one is very brief. You can usually get the same information for free by attending a charting lecture at your local investment club. On the other hand, it is brief, concise, and a good primer for someone just beginning to look at the world of technical analysis.
Rating: Summary: Don't read too much into the title Review: This book covers only the basic of basics. It does not even begin to teach you how to recognise the patterns that the author skims over. Be prepared also to read about the virtues of the trading system that the author is subtly marketing - they are not unique! For the price you pay for this 'brochure', you will gain much more from one of John Murphy's or Vic Sperandeo's books.
Rating: Summary: DANGER: AVOID Review: This book doesn't ramble, and instead cuts right to the chase. It features basic, straightforward rules for watching chart patterns. No frills, no bs, just the basics. I gave it 5 stars because this is what investment books should be like. I've seen other financial books with tens times the number of pages, but only one-tenth the info. If you track charts, this book is a must.
Rating: Summary: Quality not quantity Review: This book doesn't ramble, and instead cuts right to the chase. It features basic, straightforward rules for watching chart patterns. No frills, no bs, just the basics. I gave it 5 stars because this is what investment books should be like. I've seen other financial books with tens times the number of pages, but only one-tenth the info. If you track charts, this book is a must.
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