Short Term Trading

You might give Alan Farley's book a try...."Master Swing Trader". Available at amazon.com, or perhaps at his website....hardrightedge.com.

OldTrader
 
Originally posted by OldTrader
You might give Alan Farley's book a try...."Master Swing Trader". Available at amazon.com, or perhaps at his website....hardrightedge.com.
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Get it from the library. If you like it, you can buy it. If you think it's the worst book you ever read, as I do, you will have saved yourself some bucks.

--Db
 
Originally posted by profitseer
You'll have to explain it further if you want me to make fun of it. I need to have something to go on. According to my charts, the 18th wave is due Monday.

The wave Friday was just the back to school wave.

28.146935 squared

The death wave already occured and these are just aftershocks.

It didn't show up on the charts because it occurred on a Saturday (sabbath).

Better double check your math.
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Well screw you.

I know when someone is making fun of me.

If you want to live in ignorance, go right ahead.

I won't trouble you anymore.
 
I'm sorry, Now I got it!

Five point five times 144 equals 792!

How could I have missed it?

The death wave! Right in front of my eyes all the time!!!!

Thanks for explaining it.

Too bad Gann didn't live long enough to profit from it. (I heard he was rather poor when he died.)
 
Screw off, asshole

That's it. I'm not posting any more on these subjects till my results on Monday evening. All I get is ridicule from people like profitseer. Have a good weekend everyone.
 
And there you have it Jason. I hope you have benefited from the helpful replies. Just remember the rule of 44 and always check your Monday night results.

You're lucky. It's not always this easy to get clear answers to your questions.

If it falls apart under ridicule, it probably won't last long in the market.
 
Originally posted by dbphoenix


Get it from the library. If you like it, you can buy it. If you think it's the worst book you ever read, as I do, you will have saved yourself some bucks.

--Db
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1) Why is this the worst book you ever read?

2) What are the names of the best books you ever read?

Once you've answer either or both of these questions you'll have added something to the conversation.

OldTrader
 
it takes about ten minutes for the setup the entry and the exit on a scalp, then you can go to class. It also takes the least amount of trading capital.

I gotta get outa here, because once you say sc--lp, everyone who's ever tried it and failed comes out of the woodwork with their warning flares a blazing.

It's not for almost everybody, but it's good for a very few and it leaves you plenty of time to either get an education or get on peoples nerves.
 
Originally posted by OldTrader


1) Why is this the worst book you ever read?
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Because it's largely a recapitulation of Trading for a Living, only written in a language that's nearly impossible to understand, all for a price greater than the original. Add to that the fact that nearly all the examples provided are from the market peak, giving the impression that his so-called "setups" are the key to easy riches.


2) What are the names of the best books you ever read?
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Assuming you mean books about trading, the first two I'd recommend are Trading for a Living and Methods of a Wall Street Master. If you mean best books in general, I'm particularly fond of The Lord of the Rings.

--Db
 
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