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Trading on Expectations: Strategies to Pinpoint Trading Ranges, Trends, and Reversals

https://www.amazon.c..
Category: Books
Successful traders know that before stepping into the wilderness of the speculative markets, you need a solid understanding of basic market behavior. But the conventional methods often fall short of providing this basic knowledge. Academics assert...
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In short, the author used five chapters on economics/psychology/expectations/sentiment, two chapters on TA tools including Market Profile, Long Term Market Activity Chart, two chapters on merging the former paragraphs into the author's Coherent Market Theory and then Sentiment-Activity Model, and five chapters to illustrate the power of the Model on T-Bond, Sobbeans, DM and Crude Oil. Well, does that look like the thesis you and I did in colleges? It doesnt really matter if the ideas are useful and applicable. However, they are not. It's simply not practical at all for any genuine trader, not to mention the low possibility of any reader to understand the usage of Market Profile and LTMA Chart with the little coverage of them in the book. Besides, the writing of the author is really boring.

Very green trader reader may find the first few chapters interesting, but they will certainly get lost from chapter five onwards and can hardly move to chapter seven. In case you got plenty of time and money to waste, that's fine. If not, go for some book else.

p.s. I can hardly believe that the author is a FX trader, and had traded commodities and cash bond for Fortune 500 companies as well. I might prefer him to write books about his trading life instead of giving a long useless lecture on something useless.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
MachTrader Denver, Co

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