The Logical Trader

M

my7tvette

This book pops up quite frequently as recommended reading on ET. Are any of you utilizing strategies based, loosely or directly, from this book.

Just wondering whether I should plunk down cash for a copy...Expanding my trading library, and I don't want to waste $$ on one of the many trading books that are now irrelevant, counterproductive, or just plain useless.

Perhaps any strategy, once published for the masses, is automatically rendered irrelevant. I hope not.

Any thoughts?
 
Quote from my7tvette:

This book pops up quite frequently as recommended reading on ET. Are any of you utilizing strategies based, loosely or directly, from this book.

Just wondering whether I should plunk down cash for a copy...Expanding my trading library, and I don't want to waste $$ on one of the many trading books that are now irrelevant, counterproductive, or just plain useless.

Perhaps any strategy, once published for the masses, is automatically rendered irrelevant. I hope not.

Any thoughts?
More...

The explanation of trade setups with the psychology behind the trades make this book a keeper.

If you are looking for a sure thing or a solid trading system fully revealed, you won't find it here or anywhere else.

I've referred to this book many times this year just to refresh myself about the mindset behind certain trade setups.
 
thanks for your input. I realize that there is not sure thing out there, but if you can find a few nuggets of valuable information, that can often pay for your investment in a trading book.

I take most of what I read with a grain of salt.
 
If you're interested in his book, go to his website loicaltrader.com or nymex.com.
You can watch for free a three day seminar which covers his ACD system.
 
my7tvette,

I thought the book was worth the money. However, if you are hesitant why don't you stop by Barnes & Noble and look through it yourself. If its not your cup of tea then you don't have to buy it.

-Neo
 
Quote from my7tvette:

This book pops up quite frequently as recommended reading on ET. Are any of you utilizing strategies based, loosely or directly, from this book.

Just wondering whether I should plunk down cash for a copy...Expanding my trading library, and I don't want to waste $$ on one of the many trading books that are now irrelevant, counterproductive, or just plain useless.

Perhaps any strategy, once published for the masses, is automatically rendered irrelevant. I hope not.

Any thoughts?
More...

Great book.
 
I'll definitely check out that seminar online...Cool!

I have spent my share of time reading through the first chapter or so of numerous trading books in Borders...is that cheating?
 
The seminar is great, but Fisher talks a million miles a second. I only had a good grasp of what he was saying after reading his book.
 
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