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Bollinger on Bollinger Bands 1st Edition

www.traderslibrary.c..
Category: Books
Insiders and experienced traders have long used Bollinger Bands to accurately predict price action. Now -- for the first time ever -- learn to use and apply this extraordinary technique directly from the man who created it. Explained in clear...
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Displaying 1-5 of 5 Total Reviews
Not for beginners
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 bollinger bands.

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6 of 6 people have found this review helpful.
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Luke11 Charleston, SC

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Limited
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 address this issue... but nevertheless there are many stocks will often bounce from one end of the bollinger band to the other..... so you have to be very familiar with the stock you're using this for. If you are a beginner, you may be better off getting a book giving you a more complete education on technical trading, not just one aspect like the bollinger bands.

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7 of 7 people have found this review helpful.
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Angelajk Ellicott City, MD

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Okay Read.
I suggest reading a book that gives u a complete education on technical trading, not just one aspect like the bollinger bands. Nonetheless, the information is valuable.

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6 of 6 people have found this review helpful.
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Ankitpatel Ames, Iowa

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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 bollinger bands are one of the more accurate and easier ways to spot when a stock has veered away from its mean and is due for a reversion.

Its a well-written book by a gentleman of the industry



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4 of 4 people have found this review helpful.
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Betheball Santa Barbara, CA

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Solid Read
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 strategy. It uses a lot chart and demonstrates where the author would buy and sell based on the price bands that he developed.

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2 of 2 people have found this review helpful.
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Page:   1
Displaying 1-5 of 5 Total Reviews
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