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B**4
Crucial For Retail Investors
This was life changing for me. The section on viewing the big picture of how the market cycle works is worth the price of this alone. I really like his approach on keeping things simple.Forget all your fancy indicators, if you can get really good at spotting trends, then you will be ahead of the game. I've made several good trades after reading this book, by spotting trending stocks, and buying the dips during a retracement.Obviously, you don't want to educate yourself from one source, but if you get the following out of this, you are headed in the right path:1. View the big picture of the market.2. Draw quality trend lines, channels, and support and resistance zones.3. SET A STOP LOSS4. I'm sure other fancy indicators can help, but I haven't been using them so much. A trending stock should be easy to spot.5. Don't try to pick a bottom.6. Understand when the smart money is accumulating and distributing.7. A trending stock that is in an uptrend and starts trading sideways, doesn't mean there is going to be a huge sell off, it could just be a consolidation to another leg up. Be very careful here, and listen to Fred.I've been looking for biotech stocks that have had huge declines, and wait until I see a breakout and a new trend emerge. I don't recommend you do this at all, but the possibilities are endless.Thanks Fred.
K**R
Great book, thanks Fred!
I learned and understood so much from this book - trends, strategies, think logically according market phase etc. Thanks Fred for sharing his knowledge and experience!
T**R
great book
This book is super easy to understand. Great information for the novice investor or trader. I like the keep it simple method
S**K
Good read
Good read, but the charts could have been in color. If you are person who can read the content but google for color images so you can follow, buy this book
A**R
A definite “Jedi” text of trend trading
This book is outstanding at bringing it all to simplicity. Simple works! Lots of good real-life charts and scenarios to study. A++
A**E
My fav!
Helped me capture an understanding of how the market moves along side with tracking the candles.
W**J
🧐 I highly recommend this book!!!!
I highly recommend this book to anyone who has a 401k plan and all wannabe investors. I learned so much reading this book about how to control my financial future. If my financial advisors had followed his advice, I would be far, far ahead of where I am now. As a matter of fact, I would not have a financial advisor.
C**S
Psychological Masterpiece
This book is a great supplement to his first. It focuses largely on the psychological aspects of trading (or at least thats what resonated with me). This is one of the books you read annually to perfect your game.
L**O
Goat
Best book out there gets straight to the point
M**E
Good Book
Must read book for both trader & Investor.if you are beginner in stock market then you should definitely read this book.
E**G
Really good
Good befinner book for trading, good tips
Z**O
Look at the Big Picture
This book opened up my mind to see the big pictures of trend. Now I need to get the hard copy :)
M**.
Trend following
Possibly one of the better trend following book. I have read Michael Covel's books before this one and was quite disappointed. There is no magic formula but the concepts are made more practical and it is less pompously written it's also does not come across as an elevator pitch. The philosophy is much more clearly explained and made accessible to anyone interested in the concept and there are no gimmicks. This doesn't mean it's easy as the examples have the benefit of hindsight but it gives you a clear foundation to build from.
Trustpilot
2 months ago
3 weeks ago