Customer Reviews

Tape Reading and Market Tactics

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

 

 

The book has given a real inside of market psychology, tradingtechniques.Written in a very easy,and digestible manner. Author's sharp observation , and the charting techiques is worth learning for all the investors.

I bought this book as was recommendated by Investor's Buisness Daily. There are few other books listed which I have bought.Not all the books are avilable but most are. This is one of the best books I have read.

This book is worth reading, learning, and definately pays the price you paid for the book.

I would recommend 1. How to make money in stocks - william o'neil 2. Battle of investment survival. 3 Remminsence of the stock operator. 4 Technical analysis of the finicial market- John Murphy. 5 Trading for Living -Elder,

I believe this book should be in the your personal library if you are an investor.

IMHO, one of the two best traders books ever written, alongside Reminiscenes of A Stock Operator. As opposed to most traders' books that are very much focused on price-centric indicators and pays lesser attention to volume, tape-reading is truly a gem that observes the important co-relation between price and volume, the latter being the fuel of every play.

Tape-reading doesnt predicts target prices of a stock play as opposed to most methods (eg elliot wave) but lets volume (or lack thereof) be the ultimate determinant of a continuation of a move or otherwise. Since I have never been a technical indicators' fan, I now trade solely on tape-reading principles with simple charting techniques using candlesticks (paying due attention to volume on formation of important patterns) and doing very decently ever since.

Great stuff !!!

As an active and profitable day trader (who makes a living trading) , I've read almost all the classics, in my opinion better than any book i've read! Definetly as good as "Reminiscences of a Stock Operator".

Wish all books were so succinct, i would've finished college in 1 year.

If you want to make money, read it!

If you want to know how to spot short-term accumulation or distribution, how to read volume and price change, this is THE book to read. It focuses on just that topic and is very clear.

It's not really "tape reading" in the sense that he tells you how to spot trends by reading ticker tapes. What he did was write down all the sales and the volume during the day for certain stocks and made a graph of the stock at each sale. Day traders or short term traders may find this book very useful.

This is a good book on volume if you are just getting started. He goes over how to spot accumulation and distribution in detail. However, you can tell that this information has been copied in so many other books on price and volume action of a stock. So if you have a good understanding on volume then I wouldn't buy this book. I bought this book on the recommendation of IBD and after reading I didn't learn that much. I would buy How to Make Money in Stocks if you don't already have it, instead of this book.

Price and volume tell the tale for what is happening with a stock. The auther provides an excellent course on how to read the price ad volume action of a stock. No need for fancy wiz-bang technical indicators if you can read the tape.

Get this book. Combine with all of Bill O'Neils books and you have a great foundation.

If you already have a book on volume, you can skip this one.

I bought this because I saw the good reviews on it.

Maybe because the book was written in 1931. A lot of information in this book is already available on the internet or other books on volume.

Basic stuff.

Old time tape reading described in a text written in the 40's that proves basic price/volume relationships still apply. Good reading.

Writing style is easy to follow and material will always be relevant. Hard to beat value wise for trading material.

I read the reviews before purchasing and they were outstanding and was shocked when the book arrived because the publishing date was well disguised as this book was written in the 1930's. The forward was updated twice - the last was in the early 1970's. If one would like a nostalgia look at tape reading this book is for you.