Average Reviews:
(More customer reviews)...Well, first of all, this book reveals a method of trading using only market-generated information - price action - no other input, including volume,
is needed. No forecasts, no guesses, no hocus-pocus mystery talk...
Secondly, I like the fact that he concentrates on producing high probability trades. I like to win - that's why I trade. ...BR>Thirdly, after reading his book, I honestly believe that I can use and successfully adapt my $.../Mo ... Basic subscription to building John's indicators into that online charting service so that I can profitably trade those Rydex index funds...I don't need the more expensive charting packages.
Fourthly, I believe him to be a man of integrity - this is of absolute importance to me. I believe this because (1) he is willing to share an eminently successful, crystal-clear, and
easy-to-implement trading strategy with the public, (2) his book not only includes examples of successful trades, but also trades that have not been successful, just like in real life (3) he goes
out of his way to ensure the reader's understanding of the concepts by clear and error-free text reference to charts, clear accurate definitions, appropriate examples, and repetition of past trading technics, and, finally (4) he has arranged his book to have all the necessary textbooklike qualities...including chapter reviews and an index (the "Putting It All Together" chapter is outstanding!) so as to ensure that his readers have every opportunity to learn. Let me say, considering the multitude of overpriced investment books I've bought in which I've found most of that structure lacking, I very much appreciated both the quality and clarity of John's writing throughout the entire book.
I am very happy with the book...I give it my highest recommendation.
Click Here to see more reviews about: Four Steps to Trading Success: Using Everyday Indicators to Achieve Extraordinary Profits
Everything a trader needs to know to develop a successful systemTechnical analysis--the reading of price and volume charts to identify trading opportunities--has long been a staple in the trader's toolkit. Well before computers took much of the labor out of technical analysis, traders have examined trends, filters, patterns, and especially indicators to help them identify when to get in and out of trades for maximum profit. Now, a highly experienced analyst divulges his proven techniques for identifying the major trend, determining the "trend within the trend," finding the optimal entry, and then choosing the right time to get out. He shows traders how to most effectively use multiple indicators and know what they are really telling about the markets. While his techniques can be used without the aid of computers, he explains how readers can automate their systems using commercially available software.John F. Clayburg (Coon Rapids, IL) is a technical analyst with over twenty years in the game. He is the developer of the Cylone S & P Day Trading System and the author and developer of Parallel User Function Technology, a unique self-adaptive trading software platform.
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