Customer Reviews

A Beginner's Guide to Short-Term Trading: How to Maximize Profits in 3 Days to 3 Weeks

5 star:		(29)
4 star:		(11)
3 star:		(5)
2 star:		(1)
1 star:		(5)

 

 

She is an excellent author, that's for sure. I have read this one and also her day trading book. The day trading book is better by a mile, even for those wanting a book on swing-trading or position trading.

Essentially what this book amounts to is the swing-trading chapter in her daytrading book expanded with a whole lot of padding. It doesn't really offer any additional insights in my opinion. I can understand the reason for this book from a marketing perspective, but you are much better off reading her day trading book regardless of your trading time-frame.

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This is a well-written book and presented in an organized manner with some nice inspirational material as an added bonus. Is this the only book you need to succeed as a trader? No, but it's got a lot more practical information, in my opinion, than Farly and Sarkovich (in contrast to the person who posted below). Good luck trying to make it through Farley's material in the "Master Swing Trader." I have a library of good trading books and because I couldn't even understand what Farley was saying half the time or I was bored out of my mind, that one did not make it. I suggest that new traders add some reading by Martin Pring, John Murphy, Alexander Elder, Colin Alexander, and Stan Weinstein to supplement the material in this book.

The author's second book on the subject goes into short-term trading in more depth than in her first guide, which covered Day, Swing, and longer term trading. She writes in a lively, entertaining style that makes learning a very difficult subject simple and entertaining. In addition, she includes very neccessary advice on the psychological aspects of trading, which any successful trader will tell you is about 90% of the game. The techniques included here are tried and true and used by the most successful (read: surviving) traders. There's no spin here, and no angle or hidden agenda being push. What's written in this book is a sincere effort to convey to the reader how to win at short-term trading.

As a beginning short term trader I've encountered a bewildering complexity of oscillators and indicators and all sorts of attendant advice and information. This book nicely distills that information into strategies, reiterates certain key themes, and makes concrete recommendations -- about when to buy & sell and when not to. I have found it to be very helpful.

As a beginner, it doesn't hurt to be reminded of tested approaches over and over. And where the more technical authors like John Murphy barely pay lip service to the psychological underpinnings of technical analysis, Turner makes it front and center. I appreciated this; it helps me to really understand my behavior and the behavior of others as I look at a chart.

Like another reviewer on this page, I too could have done without the cosmic meanderings at the end of each chapter. But basically I've found the book very useful, and I'll keep using it until I'm ready to move on to the next level.

I believe anyone who is even considering this book has heard of the horror stories of day trading and wants to learn and TRY to avoid all the pitfalls so many have before. Some people review this book as incomplete or too vague. However, I believe this books takes the beginner and walks them through the critical areas they need to understand before placing one trade. She covers enough to make you aware of the most common indicators that traders use. The basics on what you need to start your trading experience on the right foot. Then you can develop further with experience and learning.

This book is decent for a beginning active trader. It is easy to read and it is not a costly investment. However, her broad topics culminate in one ending example of trades of Juniper (JNPR). JNPR's behavior at the time was a total aberration and a result of the irrational hype of the internet boom. It was not a "real" example that a beginning trader would encounter. Then I signed up for her newsletter at her website which she touts in her book. All I received in two months were solicitations to buy books through her website. Although I respect her knowledge, you get the feeling that a majority of her income is from speaking engagements and bilking people like me out of $15 to buy her book. There are other authors who make a majority of their income through trading, I hope you can find one of those.

Toni's writing style is clear and concise as she covers dozens of useful tips and strategies in this well-written book. Most trading books are not worth reading; however this gem is one of the few (along w/Steve Nison and Tony Oz and Barry Rudd's) that I put in the "must-read if you're learning how to trade" category. I recommend it to my traders at Daytrading University and it's on the 'short list' of highly recommended reads.

She covers many strategies from start to finish and this is a well written strategy guide, with very well-planned coverage of trading essentials, plus a few advanced tips that are useful as well.

Nice work - buy this book!

There is a lot of day trading hype books but this is a decent little book. The price is fair and the book is worth every penny.

If you are looking to trade then you better figure out the psychology part in your head first. If you cannot take small losses then don't try active investing - you will lose all of your money.

Everybody knows how to buy but many people freeze when it comes to selling.

it is good and easy style book. but if you have her first book, you do not need to buy the second one. nothing new expet that she added some about money management

This is one of the best books I have read on trading. It was so interesting and easy to read that I finished the book the day I got it. And I learned a ton. The author explained complex key points concisely in easy-to-understand English. The key points and tips offered in the book is practical and suitable for both the novice and seasoned traders. The author also touched on the trading psychology early on - a critical issue many other books don't address. I particularly enjoy the quotes from Jesse Livermore at the beginning of each chapter and the Hot Tips throughout the book.