Customer Reviews

Connors On Advanced Trading Strategies

5 star:		(6)
4 star:		(2)
3 star:		(1)
2 star:		(1)
1 star:		(1)

 

 

I have to repeat here what I said in reviewing another (ridiculously overpriced) Connors book ["Street Smarts"]. The only "advanced" strategy Larry Connors knows well is how to make money out of the miriads of hopeful wannabes that overpay for his expensive books and for his TradingMarkets.com web site, which costs more than a thousand dollars per year and is just a hook to get the members to buy more overpriced "trading services", $5,000.00 tutorials, "ultimate" courses, fantastic techniques, books, etc., etc. Just think of this before you dish out your money to this guy: if he knew any "advanced" Trading strategies to make real money he wouldn't be peddling his overpriced merchandise for a living. Wouldn't it be nicer to live as a rich trader, trading from your yatch your great advanced strategies for millions, instead of busting your rear running a Web site in downtown LA to trap yet another fool who thinks that perhaps this new advisory service will "make him" money? Let Connors first show that he can make millions trading before he calls his strategies "advanced". Obviously, they are just not advanced enough to make him rich --though he will be soon, if you pay him ...for this mostly charts collection of silly trading advice. If you still feel you have to learn the basics from the popular self-appointed "gurus", do it at least with a minimal expense.

This book is for anxious traders who think the found the get rich quick book. 250 page book in 16 font size, half of it are charts for stocks that worked using his system. Again no testing is done. Mostly about Wilder ADX, DDI for day trading. If your day trading system is not working you may try this one. The best method is the simplist method. And the high priced books are not the best books.

A good book and a follow-up in our minds to Street Smarts. Somewhat of a review of the previous book co-authored with Raschke. If you like "Street Smarts", are willing to do work, take trades, and develop your own trading style this book is very useful. No book by itself is going to make you a profitable trader. But, if you incorporate high probability trades into a method for trading small and frequently you can make money. This book will help you develop a trading methodology. All we can say is that one of the keys to trading is to take enough small trades to allow a high probability method to get you onto the trading probability tables. If you are going to try and hit home runs once in a while you will be either more skilled than all but one "market wizard" or very lucky.

This is definitely Connors best book. I have most, but this one puts a lot of Connors best strategies into one book.

Connors has made his money from these trading strategies. Like a previous reviewer pointed out, these strategies don't usually produce home runs -- mostly singles and doubles. But I think that makes these strategies more realistic in the world of trading. Anyone who is selling strategies with triple-digit retuns should be avoided like the plague.

Once again, we have a book where most of the strategies do not stand up to historical testing. There is little coverage of specific entry or exit points, and what's the point if trading strategies do not stand up to scientific testing? The book is full of typographical errors. For $150, some proof-reading could have been done.

I've read hundreds of books on trading. This is one of the few that I've found useful. It has had a profound effect on my trading. Any one stategy is worth the price of the book.

Robert

I have read over 24 books on trading in the last 4 months and have spent over a thousand dollars,in my opinion,this is one of the best books on actual trading methodology. The strategies are clear, concise and practical. One important point expressed by the author was the importance of developing a trading methodology that is based on inherent market characteristics. Inherent market characteristics will be evident across all types of trading vehicles and markets because they are,after all, inherent. After many hours and nights of comparing the methods to historical daily and intraday charts I am excited about applying them to my current trading methods. If the strategies and money management principles are used in the manner they are presented they will withstand historical testing and create profits.

Good strategies, all conceptually correct. Great for the novice trader looking to step up to the next level. Bill

Connors in my opinion is one of the best sources for traders to keep up to date on advance trading strategies. This book just proves it even more.

Connor's is clear and concise in his examples and his strategies are easily applied to your trading.

A must read for any serious about trading.

I like Connors' brevity. He doesn't try to wow you with big mathematical theorems, he just gives you common sense explanations of why he markets work the way they do and gives you the zing-bang-boom version on how to take advantage of these market conditions. Not much thought is needed once you are set-up but, does it need to be complex to work? My only problem is getting out with my profits intact. I read the 2-for-1 strategy but mentally I can't execute. Need more discipline. I'm checking out Mark Douglas' book for that part. I am still reading it but it looks good so far.