5 Day Momentum Method [Import] [Spiral-bound]

Jeff Cooper (Author)

Product Details

• Spiral-bound: 61 pages
• Publisher: M. Gordon Publishing Group; 1 edition (September 1997)
• ISBN-10: 0965046133
• ISBN-13: 978-0965046138
• Shipping Weight: 1.6 pounds
• Average Customer Review: 3.4 out of 5 stars  See all reviews (17 customer reviews)
• Amazon Best Sellers Rank: #7,524,991 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

17 of 18 people found the following review helpful:

1.0 out of 5 stars 60 Pages with almost nothing !, May 27, 1999

By A Customer

This review is from: 5 Day Momentum Method (Spiral-bound)

First, Amazon should allow ZERO Star Vote, that's how I would rate this manual.

Approximatively: 60 US-letter pages, printed only on one side , 12 introcution and advertising pages, 15 with simple graphics annoted by hand, 15 with a few lines describing the graphics, and some thin explanations. This method can be explained in a line : buy trending stocks and use stop-loss ! Woaa Thanks.

And how to find trending stocks can be discovered in any good Technical Analysis book explaining ADX, Stochastics, and other TA indicators.

See what -A reader from Houston, TX , April 30, 1999- is saying...

At more than 1$ a page that's the holly grail for the author! Buy some good books on AT like Murphy, Schwager, Pring, Blau, etc and you'll get all you need to find trendy stocks. A really disappointed buyer... or should I say a victim ?

15 of 17 people found the following review helpful:

5.0 out of 5 stars All you need is this one method to make money, June 11, 1999

By A Customer

This review is from: 5 Day Momentum Method (Spiral-bound)

I read the reviews from other buyers of the book and was quite surprised at the negativity which were in these comments.

I have traded this method since the manual came out and have made very good money doing so. I can only think that the trader from Houston and the trader from Brussels have not understood the overall way in which to trade.

I agree with Downtown that you must take profits when you see fit. Discretion is important. The method is a TREND FOLLOWING system keep that in mind.

I highly recommend the method.

21 of 25 people found the following review helpful:

1.0 out of 5 stars There is no quick way to wealth, September 4, 2000

By 

"artiecab" (Orlando FL) - See all my reviews

This review is from: The 5 Day Momentum Method (Paperback)

Jeff Cooper is no different than most other writers of stock market books. He makes his money from selling books. Cynical? Not really. If he in fact does make any money from trading in real life, other than what his father probably left him, it's because he has an endless source of seed money coming in from the people who buy his books. I read his book at Barnes & Noble. It didn't cost me anything. Also, to trade his method (which isn't really different from any other day traders or momentum traders methods) requires a sophisticated order entry system. Using E-trade, Daytek, Ameritrade, etc., or any of the usual online brokers won't allow you to get in and out of the trades at the prices you want. And if you put in mechanical stops instead of mental stops, the market makers will stop you out every time as you sit on the sidelines fuming, as your stock moves up. The fact that Cooper didn't explain this very important point makes me question his credibility. He should have also told you that you really need Level II quotes software to trade this way. Save your money and do your own research. It's not that hard to find stocks that are gapping up from good news, favorable earnings or because some leading brokerage upped a stock's rating to a strong buy.