Average Reviews:
(More customer reviews)I have read many reviews on other sites on this book and I am amazed by the amount of people that think for one second that Jeff Cooper would just give you a trading system for $100. I must admit, that with a little ingenuity one can make a lot of money with these strategies. You won't find an easier method of trading if you use just a little common sense and approach these strategies with a well devised trading plan. However, this system isn't for everyone, as it usually comes with intra-day drawdowns in your p-n-l, but it's the end of the day that counts. The strategies look to capture the big moves and not the quick bucks, there is more money to be made that way.
The Hit and Run strategies follow the best trading practices:
-enter as a stock is moving in your direction (the trend is your friend)
-know your risk (have your stop-loss in place)
-lock in profits
-maximize your gains
-being prepared before the market opens
-solid strategies based on price-action that have worked for years
The only problem that I have with the strategies are that it seems to me to have too large of a stop-loss for the intra-day trader. Once again, with a little thinking I devised a way that works for me...risking less per trade than what Cooper mentions in the book.
What's so amazing about trading is that so many people are looking for "Something for Nothing" and it just isn't going to happen. Why, who wouldn't pay $100 for a trading system that worked? The truth once again is that many people could be 'given' a trading system that was profitable, but they would somehow mess it up. Trading systems that work, work because the emotional element (the human mind) has been eliminated. So I must say get the book and study the market, you can be successful using the strategies in this book!
Then again, read the other reviews, convince yourself it doesn't work and let me keep trading the strategies my personalized way and let me make the money.
Click Here to see more reviews about: Hit and Run Trading: The Short-Term Stock Traders' Bible, Updated
IBM reports better than expected earnings before the opening.After trading as much as 4 5/8 points higher, Big Blue begins to implode.I sell it short at 115 1/8 and before I blink the stock collapses to 110.I cover my short position for a 5 1/8 point profit for 23 minutes work.Thank you very much... NEXT!"Jeff Cooper is back with a newly updated Hit & Run Trading Volume I.Delivering a day-by-day trading plan of attack, this comprehensive manual is your key to conquering the market on a daily basis.Join Jeff as he reveals his most intimate winning methods for daytrading and short trading the market.While the traditional "buy and hold" strategy may work well in bull markets, Cooper's "Hit & Run" methods work in ALL markets.His easy to follow methods will show you exactly:- Which stocks to focus on each day- Where to place your buy stops and sell short stops- The precise amount of risk you should take- And how to take the psychology out of trading in his NEW! Mind Over Money chapter!PLUS, you'll gain access to Jeff's personal arsenal of strategies including:- Stepping in Front of Size – learn how to buy a stock just moments before the big boys!- 1-2-3-Pullback's – discover the three-day setup that consistently triggers 4-15 point gains within just days!- Expansion Breakouts – master the one breakout that consistently leads to further gains.- The power of Creating the Daily Hit List – learn how to recognize which stocks are rapidly moving and which setups to use to trade them – invaluable knowledge to keep you ahead of the game!A true trading sensation and classic – now in it's newly updated format!Discover winning methods for daytrading and swing trading from the man who wrote the bible on short-term trading.Professional stock trader Jeff Cooper first released his original Hit & Run Trading Book almost a decade ago, taking the short-term trading world by storm.Now, he's back with a newly updated Hit & Run Trading Volume I.Jammed packed with a full arsenal of new tools and strategies to help day traders compete and survive in this fast-paced, volatile arena.
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