How I Trade for a Living (Wiley Online Trading for a Living)

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Master the Markets by Trading from Home! how I trade for a living "Gary Smith deals in reality. If you want to really learn to trade for real profits, not hypothetical, mumbo-back-tested programs, this book is a must. I seldom read market books anymore, but I read every word of this important book. Get it." -Larry Williams, author of Long-Term Secrets to Short-Term Trading "How I Trade for a Living is a remarkable book; truly a treasure trove of market information.. Highly recommended." -Humphrey E. D. Lloyd, MD, author of Trading S&P Futures & Options: A Survival Manual and Study Guide "Straight talk from an accomplished veteran on how to succeed as a full-time trader. Gary Smith recounts the obstacles he overcame on the road to trading mastery and describes the strategies, indicators, and insights he used to reach his goals." -Nelson Freeburg, Editor, Formula Research "It is always valuable to get inside the mind of a successful trader. Gary Smith does a good job taking you there in a book loaded with useful tips and helpful hints. A worthy addition to any trader's library!" -Gary B. Smith, Contributing Editor, The Street.com "In How I Trade for a Living Gary Smith dispenses a healthy dose of that rarest of all commodities, vicarious experience from a consistently winning trader. New traders will find great benefit from looking over Smith's shoulder as he generously shares with the reader the valuable knowledge he has gained over three decades of trading." -Edward D. Dobson, President, Traders Press, Inc.

How I Trade for a Living (Wiley Online Trading for a Living) Review

read several times. at first was very excited as here is someone who has walked the walked, however, if your looking for answers, you won't find here. I've read over and over trying to bring sense to how author trades or insights to use. First, he ONLY trades Funds at this point(present), so those who say he trades futures, options, etc., haven't fully digested the book.Author goes to length to explain an Indicator then several pages later will tell you he finds the indictor doesn't perform any more! Well what does? he spends a lot of time discussing his evolvement as a trader over 19 years!!Lots of talk of momentum and late day reversals, which are suppose to be strong bullish indicators. These don't seem to work as evidenced by 12/6's strong momentum and no follow thru the next day! Also for intra-day trading which I've found to be brutal, unless you enjoy staring at your monitor for 8 hours a day! I've also heard over and over that the Big money is in trading short term (3-10 days) or long term, not intra-day.He does spend time discussing how he USE to trade index futures and some of the patterns he used. However, these too were confusing and contradictory. Ex. "My original price patterns continue to work for me, but only because I filter my trades with the action of the tape." What does that mean?I found books by William O'Neil much more clear and consise.good luck Help other customers find the most helpful reviews� Was this review helpful to you?�Yes No Report abuse | PermalinkComment Comment (1)

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