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I assume you have read Brooks' books. And after taking his course. Don't you feel you had enough? I think Volman is similar but more simple and basic than Brooks. So why would you go from extensive course to a simpler book?
I am highly interesting in any meaningful price action trading book, especially if it is related to Brooks trading method in any way or form , because i describe my self as a wolf hunting anything that look like price action ,so that i will feed my understanding of market action .l know studying Bob Volman price action can help me to sharpen my understanding of Brook's Methodology which is hard and difficult to understand but fruitful at the end of the hardship.
I've recently read a book which although not about 'trading' per se, imo has major implications which can be readily applied to the trading journey. I really wish I had discovered it when I was in my 20's as I believe it would have had a major impact on my life in many ways.
The title is 'Mindset' by Carol S. Dweck and you can usually find it 'used' as well as 'new' on Amazon.
I guess I am kind of out of step with many of the members here. The two books you hear about all the time are two I don’t like.
Reminiscence of Stock Operator is the story of a Jesse Livermore who lost all he had in the markets many times and by begging, got back in, to take higher risks and make another fortune for a short time and then loose it all again. What’s worse, there are hints that his best methods were based on hunches and inside information. The book stops short of the last of the story, but in the end On November 28, 1940, Livermore shot and killed himself in the cloakroom of the Sherry Netherland Hotel in Manhattan. A note to his wife said, “My dear Nina: Can’t help it. Things have been bad with me. I am tired of fighting. Can’t carry on any longer. This is the only way out. I am unworthy of your love. I am a failure. I am truly sorry, but this is the only way out for me. Love Laurie”. Honestly I would hope my trading never goes like that.
Trading in the Zone is a book that says that you should find your “edge” but offers no further clue about that. Then it says you should pull the trigger every time you see your edge form on the charts. Master your fear -- pull that trigger my man!! Well lets see if that was all there was to it, I would imagine the computers based systems would be scoring way better than they do. They have a proven edge, and they pull the trigger every time. Still many have a 40% draw-down. Yup that’s about as good as saying “go learn to count cards on a five deck shoe” then go in every blackjack table and use that method to clean up! I found this book frustrating and perhaps dangerous for new traders.
Hi
What do you think about:
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
From what i read in amazon this book is a bit counter to what we are trying to do as the author seems
to think that most shouldn't mess with trading but invest in index funds if i understand correctly.
Personally i have a little irritation with that
But wonder if i can learn something useful from it despite that that would make this book worth a read.
The reviews are abit mixed in amazon
I'd be glad to hear opinions from people who have read the book
Thanks
Rafael