You often hear that there is nothing out there in the public domain that is useful. I don't think it's the case at all. There are plenty of good ideas out there ( albeit plenty of useless ones as well) but you must be willing to expend the effort to sift through it till you find the useful STARTING points for further individual research. You still need to put in hard work (but smart) and be willing to take it to a level above what most people are willing to do.
Toby Crabel Book...
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You often hear that there is nothing out there in the public domain that is useful. I don't think it's the case at all. There are plenty of good ideas out there ( albeit plenty of useless ones as well) but you must be willing to expend the effort to sift through it till you find the useful STARTING points for further individual research. You still need to put in hard work (but smart) and be willing to take it to a level above what most people are willing to do.
I bought a copy of the book from Amazon earlier this year for $180.00. There was a guy who must have got lots of copies and sold them to all the people that had placed offers. Some were lucky and got theirs for $90. I felt better, however, when I saw that someone paid as much as $1,000 and many others paid more than $300.
It is a very good book, but the only reason it is so expensive is the shortage of supply. Like others have said, the patterns were tested several years ago & only for the futures markets. The sample size was also very small - some as few as 18 trades.
My plan was to carry out my own testing on these patterns with more recent data. More recently though, I have considered selling it at a big profit, simply becaause I've been able to develop my own strategies independently. However, I think I owe it to myself to test out the patterns first.
The main thrust of the text is based on volatility contraction using narrow range & inside bars. Linda Raschke, Connors and a few others have published work in this area. He also discussed opening range breakout and a few other unique ideas.
Is it worth $1,000 - well that depends on the buyer. If you get just one profitable idea from it then the answer is obviosly yes, but you won't know that till you've bought the book and read it!!
If I do decide to sell mine, I'll let you guys know.
It is a very good book, but the only reason it is so expensive is the shortage of supply. Like others have said, the patterns were tested several years ago & only for the futures markets. The sample size was also very small - some as few as 18 trades.
My plan was to carry out my own testing on these patterns with more recent data. More recently though, I have considered selling it at a big profit, simply becaause I've been able to develop my own strategies independently. However, I think I owe it to myself to test out the patterns first.
The main thrust of the text is based on volatility contraction using narrow range & inside bars. Linda Raschke, Connors and a few others have published work in this area. He also discussed opening range breakout and a few other unique ideas.
Is it worth $1,000 - well that depends on the buyer. If you get just one profitable idea from it then the answer is obviosly yes, but you won't know that till you've bought the book and read it!!
If I do decide to sell mine, I'll let you guys know.