worst trading books ever

Quote from Diamond Geezer:

Tools and Tactics of the Master Day Trader:

Absolute time wasting garbage. I bought it when I was just starting to trade and listened to its author/chief snake oil guy speak at a conference. I know better now.

When asked these days about good books, I point people to Excel user guides, Data analysis and especially multivariate time series analysis books. Most people's eyes glaze over. That's just fine

I agree there are lot of garbage out there...

Any titles/papers you would recommend for multivariate time series analysis?
 
Quote from brokershopping:

Just my humble opinion...

Farley's web site is much better than his book.

http://www.hardrightedge.com/tw.htm

I think the info in his articles is a good as anything out there.

I'm not sure what it was about the book, maybe the meter, but it seemed to beat you up a bit as you read it.

Nice spam! Looks like your buddy opened up a thread for you and you stepped in to tout!

ALAN FARLEY'S BOOK IS GARBAGE!
 
Quote from EtfTraderLives:

Nice spam! Looks like your buddy opened up a thread for you and you stepped in to tout!

ALAN FARLEY'S BOOK IS GARBAGE!

Hmm, it looks dodgy, BUT, do you know this for sure, or could this perchance be pure conjecture on your behalf - an Ass-Umption if you may ???

Just for the Curious... :D
 
No shill here, I really do like his web site. And like I said, I didn't care for his book.

I wouldn't be much of a buddy for steering people away from his money-making book and toward his not-much-money-making web page. -g-
 
Quote from horribilicus:

A Random Walk Down Wall Street, by Burton Malkiel
Malkiel is such a flipping hypocrite, touting one thing while doing the opposite himself. And he keeps selling the same damn lie; classic reactionary bushwa.
 
There are so many, you can't slam just one.

I consider these HIGHLY OVERRATED:

1. Daytrading into the Millenium, by Michael Turner. $60 retail. I bought it for $2.98, and that was too much.

2. The Market Maker's Edge, by Josh Lukeman. Information is OK, but the title is highly misleading. I found no "edge" at all.

3. Jake Bernstein, The Compleat Guide to Day Trading Stocks. Futures promoter shamelessly trying to capitalize on the stock market boom.

4. Delta Phenomenon, by J. Welles Wilder. Market astrology. Way overpriced.

5. Kelly Angle, S&P 500 Trading Mastery. Too many words saying way too little. Very disappointed, since I liked his book 100 Million in Profits.

6. Dalton, Jones, Dalton. Mind Over Markets. Psychobabble, for the most part.

7. Albert Pacelli, The Speculator's Edge. Learned absolutely nothing about trading.
 
3. Jake Bernstein, The Compleat Guide to Day Trading Stocks. Futures promoter shamelessly trying to capitalize on the stock market boom.
Somehow I once accidentaly ended up w/one his seminars on dvd. It took place during the bubble when gurus were popping up everywhere everyday everytime you turned around. I watched about 20 mins of it.

He came across like the cheesiest of used-car salesman. He absolutely oozed sleaze. What an extremely off-putting personality, the definition of arrogant jerk.

And I'm sure he was charging those poor suckers a pretty buck for that useless seminar.

H
 
Odd. You are quite right. I love the Farley, have read it through carefuly three times, will no doubt read it again. Not that I use his setups, I just love his attitude toward the markets. And as to the frequently-made assertion that Alan is wordy, I find him to be quite pithy. Often a single sentence of his implies an entire paragraph when you consider it carefully. The more I think I understand the markets, the more I am reminded of ideas he tossed off casually in his book. Like "They see you coming." He's also a very funny guy in private. To me Farley is a test. A poster hates the book? All I need to know. Hahahaha! Mike.
 
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