Thoughts on Larry Connors books?

helpme_please said:
That book is about mean reversion strategies. So, if you're not into this kind of strategy, you may not find it useful. Doesn't mean it doesn't work for others .
More...

There isn't ANYTHING that "works for some and not for others". Unless you're claiming "some things work for those who understand and don't work for those who don't". No shit, Sherlock. DUH!

"Mean reversion" IS a thing. Just not reliable "when YOU need it".
 
Scataphagos said:
Yeah, well... I'm not Canadian.

But if you're interested in "market pith", suggest you check out Mark Douglas books... about the psychological aspects of dealing with the markets.
More...
:thumbsup: Trading in the zone is one of my all time favorites.
 
helpme_please said:
That book is about mean reversion strategies. So, if you're not into this kind of strategy, you may not find it useful. Doesn't mean it doesn't work for others .
More...
Spot on, its about what fits your personality. There are plenty of different ways to take money from the market.
 
I don't think any one book will make you a good trader that's for sure. Its not nearly that easy.

That being said I have found great value in Connor's books.

He is one of the only that actually shows statistics of his strategies, and they do hold up (I backtested some of them).

Also, he is a real trader, which is surprisingly rare.

I have been meaning to pickup his new one, The Alpha Formula but its not on Amazon yet, only on his website.
 
BearTrades said:
I’ve recently read two of his books, short term strategies that work, and his new book buy the fear sell the greed. I have implemented a few of the strategies over the past couple months and have great results thus far. Has anyone here personally traded his strategies? thanks.
More...

I read both of those books, and personally programmed and traded his strategies. He's the real deal, and his stuff works. You won't make money without addressing your inner demons, though. I can't help you with that.
 
Maybe my opinion is weird, but when I was reading, I had feeling that I already read this book previously. It's good for newbies, but if you already learned a lot, this book is just the same things combined...
 
all mean reversion strategies. but with different indicators and thresholds. the strategies all work because they are all derived from mean reversion...good books for people to read up on...even if you don't use those strategies, they will give you ideas you can use in your own approach.
 
MiniDowTrader said:
Where are the stop losses in Connors books? There are none. Would you trade that way? Would anyone trade that way?
More...
Connors typically uses 200dma as a stop loss...everything below 200dma is ignored or sold...not a bad rule of thumb
 
You must log in or register to reply here.
Back
Top