
Good book!

In the age of Meta-Omni-Super-Complex-Trading Software this book offers a very good alternative to the mysterious black box systems and mathematical formula we traders ponder for hours.
Indeed, it was written to be traded off of paper charts! However, the review of basic pattern formations, trend lines, support, resistance, RSI, moving averages, C.O.T. report, etc makes it an indispensable book.
This book is written under the assumption one already understands the basics of the futures markets, but it does offer some suggestions for reference materials. I would recommend this book as a good second book, perhaps after TWMPMM or something similar to explain the basics. If this is a traders first book about commodities, additional reading will be required to understand the mechanics of the markets.
It does offer a tradable system that focuses more on long term gains and is more of a “buy/sell and hold” plan than a day traders system. Money management and discipline are also covered.
Well written, concepts are explained in sufficient detail, I would purchase again.
Review ID: 10000000009898773

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