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Pros & Cons
Pros
Fred mcallen's covered calls and covered calls are good for trend swing traders and day traders. Probably with a bit less relevance for forex but nevertheless a good read! Lots of great information for every trader.
The 50 dma and 200 dma are discussed with examples. Must read for anyone looking to familiarize themselves with technical analysis. Lots of examples starting with the basic things in charts.
The author’s style is clear and his advice is applicable. Clear, concise and to the point. Easy read and very easily understandable.
The book is a super easy read and chapters are fairly short so its not overwhelming. These books explain everything you need to know and reminds you to keep it simple.
This type of book builds your market knowledge which will lead to trading profits. The step by step trades are well presented and the logical explanations help you to start approaching your trades in a more confident and systematic way.
Cons
Did not waste my time finishing the book.
Highlights
Quality
An alternative to traditional buy and hold strategy with the tools needed to actively manage ones investments
Covered calls involve owning stock and using call options this lines up more with the investor strategy versus short term trad... Read More
Lots of examples starting with the basic things in charts
I skipped the covered calls section because i know i wont trade that way but it is consistent with the rest of the book
Competitiveness
Really helps you stay on the right side of the market
This book combined with this author’s book on charting and technical analysis have given a wealth of knowledge in how to succee... Read More
Overview
- How are reviewers describing this item?
great, easy, technical, good and simple. - Our engine has detected that the listing/variation has anomalous review count history. Please review the historical review count graph.
- Our engine has profiled the reviewer patterns and has determined that there may be deception involved.
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- Our engine has analyzed and discovered that 74.9% of the reviews are reliable.
- This product had a total of 757 reviews as of our last analysis date on Nov 16 2023.
Helpful InsightsBETA
Posted by a reviewer on Amazon
People try to steer you away from reading books about trading and how to trade but their wrong
Posted by a reviewer on Amazon
I advise anyone read books on trading forex i promise you gain so much more insight
Posted by a reviewer on Amazon
Thank you sir for taking the time to write this book
Posted by a reviewer on Amazon
Not excessively indepth but not intended to be
Posted by a reviewer on Amazon
If my financial advisors had followed his advice i would be far far ahead of where i am know
Posted by a reviewer on Amazon
The problem with best sellers was that sometimes it was difficult to understand the concepts as a novice investor
Posted by a reviewer on Amazon
My recommendation is to skip the one about common sense investing and just read this book 34trading with trends34 is better written and includes the most important concepts that are included in the other book and many important ideas that are not included in the common sense book
Posted by a reviewer on Amazon
I am middle of the road trader “swing trader” but i think i can do better after reading this book
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