Mark Douglas vs Van Tharp

Hi all,

Barend Baruch's famous dictum: "This book saved me millions" certainly doesn't apply to Douglas and Tharp. I modestly would add: "These books didn't earn me a single penny." Probably these authors never made a penny in the market, except from selling their "books" of course.

Nothing beats doing your homework. It's the only way. Only fools will claim to do it for other fools.

Be good,

nononsense
 
"Nothing beats doing your homework. It's the only way."

For many, part of the homework might be found in these books; available free at your local library. :)
 
Quote from swoop[TR]:

You guys are forgetting my good friend Ari. He writes some good books too. Ari Kiev is the name.
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I don't think they differ so much from Douglas' stuff...
 
Quote from nononsense:


Nothing beats doing your homework. It's the only way. Only fools will claim to do it for other fools.

Be good,

nononsense
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Books are intended to give you a broader perspective, homework is meant to prepare you for the day to day trading... I think a good book is not bad, but is no substitute to a homework...
 
Quote from nononsense:

Hi all,

Barend Baruch's famous dictum: "This book saved me millions" certainly doesn't apply to Douglas and Tharp. I modestly would add: "These books didn't earn me a single penny." Probably these authors never made a penny in the market, except from selling their "books" of course.

Nothing beats doing your homework. It's the only way. Only fools will claim to do it for other fools.

Be good,

nononsense
More...

Right. If you want to read a modern trading book, read "Pit Bull" by Martin Schwartz. At least it's funny to read - and Marty knows what trading is...
 
Quote from electron:

Books are intended to give you a broader perspective, homework is meant to prepare you for the day to day trading... I think a good book is not bad, but is no substitute to a homework...
More...

Nothing wrong with this. If your are learning, it is nice to know what is helpful and what is crap. This is what the initial question was about. If you have to find out by reading everything, you'll not get very far.

Henri Poincarré, the famous mathematician of some 100 years back said it well: "If you want to become a good mathematician, it is sufficient to read the masters."

Be good,

nononsense
 
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