One of the best books i ever read on pattern recongition and high probablity trades. It Is the first book i recommend for people interested in charting. The price of this book takes alot of people by surprise, but the material covered and the profit potential (and my personal opinon..the reliable setups are the best out there) outweighs that negative greatly.
* Stepping In Front Of Size -- You will be taught how to identify when a large institution is desperately attempting to buy or sell a large block of stock. You will then be taught how to step in front of this institution before the stock explodes or implodes. This strategy leads to gains from 1/4 point to 4 points within minutes.
* 1-2-3-4s -- Rapidly moving stocks tend to pause for a few days before they explode again. You will be taught the three day set-up that consistently triggers 4-15 point gains within days!
* Expansion Breakouts --Most breakouts are false! You will learn the one breakout pattern that consistently leads to further gains. This pattern alone is worth the price of the manual!
* Creating The Daily Hit List -- You cannot make money in stocks that are not moving! You will learn the powerful method that identifies which stocks to trade on a daily basis. You will be taught how to recognize which stocks are rapidly moving and which set-ups to use to trade them. This knowledge assures you of being in the correct stocks everyday.
* Also, you will learn how to trade market explosions (Boomers), how to trade secondary offerings, how to trade Slingshots, and you will learn a number of other profitable strategies that will make you a superior trader.
The follow up version of the classic, I feel the charts here are a little more complex, but overall it is a great addition to the library as it does cover some great set ups, including how to trade using Level 2.
1. Section One deals exclusively with momentum continuation patterns including: Hot IPO Pullbacks, Flat-Top Expansion Breakouts (this alone is worth the price of the book), Reversal New Highs Method, Intraday Relative Strength Trading Strategy, Extended Level Boomers, V-Thursts, Jack-in-the-Box setups and so many more!
2. Section Two features Cooper's top three advanced daytrading strategies including his best trading method, Stepping in Front of Size.
3. Section Three highlights more reversal strategies focusing on short-term reversal strategies that will allow you as Cooper puts it to "pounce on stocks as wrong-footed traders run for cover."
4. Section Four focuses on the vitally important techniques of a Professional Trader that are often overlooked including money management, stop placement, exiting positions, daily preparation and more. Plus, an interview with the author and more than 40 actual learning sheets from Cooper's daily trading service.
The famous Hit & Run Trading author and columnist unveils personal weapons for winning in short-term markets. Jeff goes beyond anything he's written, sharing his coveted intra-day strategies with you, one-on-one. He'll teach you .. - How to read intra-day charts for maximum profits - 3 principles he routinely uses to profit - Time-tested techniques for spotting unique trading set-ups - The best set-ups for volatile markets - How to pick the right entry price, place protective stops, how to prosper in tumultuous markets - and so much more. "The wealth of different patterns presented is awesome - and very usable. A truly great workshop for active traders." ntra-day trading strategies are brought to life by the indisputable Intra-day master - Jeff Cooper.
A real book about the Wall Street, Learn the secrets from top traders, who developed the methods of there craft over years of trading in up and down markets, Though not a charting or technical book, this book help me realized why great traders survive and most fail, the info in this book is priceless. This is one of the top-selling trading books of all time and is timeless a fantastic read which i find myself always picking up again if i feel i am slipping form my goals of being trader i can be.
From Publishers Weekly
In these absorbing interviews with star performers in the financial markets, Schwager ( Market Wizards ) humanizes the mechanics and psychology behind billion-dollar daily world trading in such sophisticated instruments as currencies, stock options, commodity futures, and mutual-fund accounts by individuals, investment firms and group-trading computerized "money machines." One trader focuses on market response to news events, another calculates mathematical probabilities--one even cocks an ear to the noise level on the exchange floor. All rank assiduous research, self-confidence, a specific plan and the courage to cut losses among essentials to success. Few consider their work gambling, but Schwager entertainingly argues that a successful trader needs many of the qualities of a good poker player. Though the subject matter is esoteric, there is much here to attract the general reader, and Schwager appends a "primer" of technical basics.
My library consist of over 70 books on trading, from my first book to my last, most of them purchased when i was learning the trade, and my thirst for knowledge kept me scouring the book shelves for that one perfect book. I now look back at my collection and laugh at how all the junk i acquired over the years, but there were those few gems, I share with you here, i will be adding to these as i get the time, and i will categorize them by subject. The few i am am listing now are invaluable to the beginner and experience trader alike. Knowledge is power. Learn from the best and you will strive to be the best.
A pure masterpiece, The classic among classics, Not a technical book , but a story about a trader starting with $10,000 learning as he goes turns it into $2,000,000 in 18 month, He developes his own "box System" based on todays support and restance concept, He learned from his mistakes and made most of his money on the road. Getting stock info by telegram. I could not put this book down, A paperback about 130 pages . A must read!
In this revised and expanded second edition of the bestselling Encyclopedia of Chart Patterns, Thomas Bulkowski updates the classic with new performance statistics for both bull and bear markets and 23 new patterns, including a second section devoted to ten event patterns. Bulkowski tells you how to trade the significant events -- such as quarterly earnings announcements, retail sales, stock upgrades and downgrades -- that shape todays trading and uses statistics to back up his approach. This comprehensive new edition is a must-have reference if you're a technical investor or trader. Place your order today.
"The most complete reference to chart patterns available. It goes where no one has gone before. Bulkowski gives hard data on how good and bad the patterns are. A must-read for anyone that's ever looked at a chart and wondered what was happening."
-- Larry Williams, trader and author of Long-Term Secrets to Short-Term Trading
I came across this book at the Traders Expo years ago, I always find myself referring back to it as a great reference, I am sorry i haven't put this book up here earlier. The book contains basically a notebook of real time trades from a successful trader Barry Rudd. The best part of the book is how the trades are broken down from best probability to least with real time market charts with the traders annotations. It has the meat and potatoes where a lot of books just try to sell themselves on basic material that can be found anywhere. As this is a rare book, i did find it available on Amazon. It is worth moving to the top of my list ,but i don't want to deal with all the code of changing the webster so if you got down this far you found a gem. A must have for because the chart patterns here are the real deal. I seen so many fake books on the market, I wonder why there are not more real trader notebooks out there for purchase.
Visitors to Daytradingradio.com are entitled to a free complimentary subscription to am array of Financial magazine, Many of them dealing with Trading the markets, This is a "free" offer and requires no payment. The catch is they are intended for professionals in the industry, I conceder any one trading the market a professional so subscribe to as many as you like just fill out the forms as you would as a professional in the field and enjoy the magazines.
PS
there is also 100's of other magazine in other professions you can subscribe to so look them over.
