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This is interesting, but I don't think you can really build a trading strategy around bollinger bands... it's just a piece of the puzzle, a small piece, with price and volume being the big two. Beginners would be better served with a book providing a good overview of technical trading, not just b Read more...
Bollinger bands are very limited much like many other indicators in that they don't work consistently. Trending stocks can seem very overbought forever..... so you really have to distinguish between variation that is somewhat random vs. non-random.... There are proprietary indicators which try to Read more...
12/31/2009
Better than most
I am of the belief that every indicator on the planet "works" when traded with discipline and patience. So I don't believe this book will make you rich any more or less than any other book. However, I do think Bollinger is a good guy who has added a lot to the industry. I also happen to think boll Read more...
I believe this a concept that traders can actually use to make money. The book is pretty simply written and kind of shorter than it could be but I think the author does a really good job of showing how you can make money trading a strategy that is basically a swing trading or counter trend type str Read more...
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