High Probability trading

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High Probability trading
by Marcel Link
from McGraw-Hill

Customer Reviews:

• Avg. Customer Rating: 4.5 / 5.0

• Good for a new trader, good reminders for the rest
  If you have traded for a time and read books on Technical Analysis (TA) such as trading for a living (it seems the author pulled some concepts from that book) or other books you will not find much new here. You can basically read this book in a day. For someone that is new to trading and has not read much on TA then this book has some good lessons.

• Read it many times!
  An excellent book from Marcel, mind you though this is not a novel!. You have to read it and read it many times and take notes. Any real trader at least the shot term traders will find this book very insightful. Excellent discussions about money management, position sizing and about all the indicators you will need to trade the markets. Every trader is unique you will need to study the book from your perspective and it will help you a lot!.

• Possibly good for beginners
  I didn't like this book at all. Clearly it is aimed at beginners and it tries to cover technical analysis, money management, trading psychology, and system testing. Just too much to be able to cover anything in depth. However, the author seems honest in his approach of trying to tell the reader a bit about everything he has learnt himself. Honesty is unfortunately not sufficient to write a good book.
  This book would have been better by cutting down the amount of text, especially the sections that state... more info

• Well-written, no marketing, great foundation
  As an advanced beginner trader, this is one of my favorite books. It does not fill up pages with self-serving marketing, quick get rich schemes, or fluff. It gives you the basic no-nonsense tools relevant for whatever market you trade: creation of a concrete trading plan, importance of specific types of discipline (not just generalities), specific tips on system trading, backtesting, managing your risk, and handling your trading money. It also contains specifics on entries, exits, and technical... more info

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