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Studies in Tape Reading Paperback – November 1, 2005
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Top Customer Reviews
That being said, the material in this book is top notch. Wyckoff was a pioneer and a genius. Every trader can benefit from reading his works.
This is the book that begin it all for me. It got me into reading price and volume together and introduced me to how accumulation and distribution are conducted. I carried a different version of this book around with me everywhere, finally I bought this version after my current one got dog eared and mangled. The added Original magazine articles are a nice touch and round the book off very well. Once my current copy gets dog eared and mangled I am going to re-buy this version.
Great bang for the buck.
...but it really had less to do with Tape Reading, and a lot more to do with Charts and Levels...
...no mention of 'hammers', block orders,lock ups, or basic 'footprints' of major players/market makers,etc...
...also, not good for Kindle.
Page formatting issues, there are better books on tape reading.
Only philosophy and benefits are described but no real explanation or very brief
These books from the early 1900s reinforce the idea that there's nothing new in the markets. Nowadays you hear a lot of howling that GS or the Fed manipulates the markets and the little guy has no chance in making any money trading. Well, just do a search for the words 'manipulator' and 'manipulation' in this book. :)
Most Recent Customer Reviews
The more things change the more they stay the same.A wonderful read when you have traded for a while to see that nothing has changedPublished on May 3, 2014 by johannes pretorius
"By proper mental equipment we do not mean the mere ability to take a loss, define the trend, or to execute some other move characteristic of the professional trader. Read morePublished on November 29, 2010 by d.m.