Most helpful critical review
20 of 21 people found the following review helpful
Content is great but Kindle Readers Caveat
on December 16, 2011
I am new to investing and, as a beginner, I've been building up a library of books I can use to learn more about the market and different trading strategies. I purchased this book in Kindle format thinking that since it is an annual affair I wouldn't want a physical copy that would just take up space once it became out of date.
I want, above all else, to say that the contents of the book are great. As a budding investor I didn't struggle too much with the conceptual points or strategies the book hones in upon; they are described well in sparse, readable prose. Although I'm not sure I have the ability to employ all the strategies from the book the historical patterns and precedents will inform my intuition and I will probably mark up a calendar so that I can reread sections at the appropriate dates to build up some context for the annual patterns it reveals.
The big HOWEVER for ANYONE PURCHASING THIS IN KINDLE FORMAT is that the material is chock full with graphical content that is rendered as an image with mixed results. I have a Kindle DX2 which has a much larger screen than the normal Kindle and I still had difficulty with the calendar pages (they have quotes for each day) and some of the charts (e.g. Market Charts of Presidential Election Years where the patterns are visible but the names are blurry (in technical terms - they render the text as an image so it anti-aliases the lettering making it fuzzy). Even increasing the font size will make no difference since this content is presented as an image.
Fortunately I also have an iPad 2 with the Kindle reader app - on this device the material is a bit more palatable and the pinch/zoom features of the tablet make it much easier to deal with the image based content. I suspect that this is the same with the Kindle Fire though I do not have one to test with.
One final thought is that the material itself, even though it's tied to a specific year (2012), lends itself to a physical copy since the pages containing calendar dates include space presumably for the reader to make notes in. Although I'm not sentimental about physical copies of a book, this intentionality of space for notes reveals, to me, a broader intent about making the book interactive in a physical way - one which could be simulated with a digital calendar and a bunch of alerts, but not as well.
To sum up: this is a good book full of trading ideas, strategies, and techniques that trading neophytes should not find intimidating. It is well written and designed such that it can be a reference one can return to for the whole year for which it's written. However, if you purchase a digital version, be prepared to do some compensating on your part because of content rendered in small images, and text from those images being blurry and hard to read. If you have an E-Ink Kindle you will struggle. On Kindle tablets or iPads it is less of a problem. I am almost certain the issues have to do with the publisher "converting" the book to digital format without considering what would work best for the reader who views it in E-Ink form.