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Title: Stock Patterns for Day Trading by Barry Rudd ISBN: 0-934380-41-4 Publisher: Traders Press Pub. Date: 06 April, 1999 Format: Hardcover Volumes: 1 List Price(USD): $95.00 |
Average Customer Rating: 3.92 (12 reviews)
Rating: 5
Summary: Doesn't get any better than this
Comment: This book contains a gold mine of treasures. Each page contains nuggets of ideas that can be mined for trading success in the market. The four main sections of the book are broken up as follows: 1) Primary trading strategies - there is some repeat from Barry's first book, but many additional trading patterns are also covered. 2) Supporting tools & tactics - this covers what to look at in addition to daily charts to help with trading decisions. GOOD STUFF. 3) Real-World trade analysis and money management - Puts the whole trading process & thought patterns that go along with it under a microscope to summarize the analysis a trader must conduct to be successful. 4) The Psychology & Discipline of day trading. Know yourself before you trade! Things to analyze about yourself and know about yourself before you begin to trade.
This book, like Barry's first book, contains no fluff. There are no wasted words. Barry concisely gets to the heart of the points he is making.
I own approximately 10 books on daytrading. After trading approximately 1 year the only two books I go back to to consolidate/refresh/ingrain ideas are Barry's books.
Sorry Barry. The rating system only goes up to 5 stars. I'd give this book a 6 star rating also.
Rating: 5
Summary: Worth the Money
Comment: This book is great for anyone who wants to seriously trade stocks for a living, and it covers many crucial topics for persons just starting to make money day trading.
Once you are in the trade, Rudd does not just leave you to fend for yourself.
This book is about as close as you can get to understand how to make day trading successful.
I found this to be an honest and detailed look into the mind and procedures of a trader.
All in all, I have to give a strong recommendation to this book. It is well worth the money.
Rating: 3
Summary: Solid, but hardly spectacular
Comment: Reading all the reviews below, I can see the view of both the positive and negatives. The publisher is Traders Press, who are known for their over priced books, huge pages, fonts and often minimal content. This is no exception. There are 200+ pages in this book, but half of the pages are just charts that may take 3 seconds to look over before moving on. I finished reading this book in about an hour with little effort.
I do like Rudd's style, he gets straight to the point with his pattern setups with very simple (sometimes vague) explanations. He uses typical TA that we already know - support, resistance, price targets, open, close, high, gap resistances. Nothing particularly special for an informed trader. I can't say this is a bad book, the price is reasonable compared to a Joe Ross book and a trader may pick up a thing or two that he isn't aware of.
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Title: Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas ISBN: 0735201447 Publisher: Prentice Hall Press Pub. Date: 02 January, 2001 List Price(USD): $45.00 |
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Title: High Probability trading by Marcel Link ISBN: 0071381562 Publisher: McGraw-Hill Companies Pub. Date: 17 March, 2003 List Price(USD): $39.95 |
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Title: How to Take Money from Wall Street: Learn to Profit in Bull and Bear Markets by Tony Oz ISBN: 0967943515 Publisher: Goldman Brown Business Media Pub. Date: 05 October, 2001 List Price(USD): $49.95 |
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Title: Japanese Candlestick Charting - Second Edition by Steve Nison ISBN: 0735201811 Publisher: Prentice Hall Press Pub. Date: 30 October, 2001 List Price(USD): $90.00 |
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Title: Tools and Tactics for the Master DayTrader: Battle-Tested Techniques for Day, Swing, and Position Traders by Oliver Velez, Greg Capra ISBN: 0071360530 Publisher: McGraw-Hill Trade Pub. Date: 29 June, 2000 List Price(USD): $55.00 |
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