Facebook Twitter
Now With Over 23,000 Reviews!
Sign up now

Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups

https://www.amazon.c..
Category: Books
In Mastering the Trade, veteran trader and educator John Carter shares his hard-won five-point technique for successful swing trading. In addition, Carter helps you move to the next level of confidence by explaining how markets really work...
Filter reviews by
Page:   1
Displaying 1-3 of 3 Total Reviews
Good Primer, Difficult to Implement
This book is well-written, and presents a number of basic and advanced concepts about the futures markets that will provide a solid basis for any futures trader (and which can also be used for equities). Information about the ES itself is very helpful.

Also valuable is the insight regarding what traders use to sense market sentiment and direction (TICKS, TRIN, volume, support, resistance, pit noise), and what common indicators and information they do not use (MACD indicator, etc.).

As a dictionary or encyclopedia, it has a lot of value. I did not find it to be as helpful when devising a system to trade. I played the opening gap and some of the other strategies (pivot points) in my paper account for months and ended up with poor (negative) returns. I was stopped out quite frequently.

I don't doubt John Carter's success. Having watched some of his trading videos, I believe he is a great trader. I did notice that there were many trades that had the right setup that he just didn't take. That, I believe, is the difference between an expert and everyone else - knowing when to pass. However, I was unable to find the key to that valuable information in the book, and subsequently moved on to other systems.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



One of the best trading books out there today
John Carter and Hubert Senters IMHO are part of a small group of honest trading educators. They also make some serious $$ trading.

I bought this book in 2006 and it still sits on the trading desk and is referred to almost daily. The section on market internals and tape reading is very well authored. I met John and Hubert in London in 2006 where they traded live for a couple of hours using these strategies and I can report that they worked :)

A previous review mentions the custom indicators that John refers to. They are expensive, but a good Google Search will reveal alternative solutions. For example code for The Squeeze indicator (on Tradestation, MetaTrader and AmiBroker) are publicly available.

An even if that were not the case, I would still go out and get this book

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
AtticManTrader London, London

User’s Review Ratings
Overall
Education
Entertainment
Value



Offers great advice
John Carter gives lots of valuable insights but I don't like that I have spend all this extra money to apply many of his strategies requiring proprietary indicators and downloads and such. Was hoping for self-contained strategy.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
6 of 6 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Luke11 Charleston, SC

User’s Review Ratings
Overall
Education
Entertainment
Value



Page:   1
Displaying 1-3 of 3 Total Reviews
Recommended For
 
Investimonials Sponsors
 
Similar Products to Review
 
Featured Investing Products