Trident: A Trading Strategy [Hardcover]

Charles Lindsay (Author)

Book Description

Publication Date: April 1, 1991

Rumor and greed abound in the futures markets. The fact that price reacts predictably to rumor and greed is the basis of this objective trading strategy.

Product Details

• Hardcover: 250 pages
• Publisher: Windsor Books (April 1, 1991)
• Language: English
• ISBN-10: 0930233484
• ISBN-13: 978-0930233488
• Product Dimensions: 9.3 x 6.3 x 0.9 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 3.2 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #1,128,399 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

14 of 16 people found the following review helpful:

3.0 out of 5 stars Poor nomenclature snags magnificent concept ..., August 24, 2002

By 

Rolando Gonzalez (San Antonio, Tx, USA) - See all my reviews

This review is from: Trident: A Trading Strategy (Hardcover)

The concept behind Trident is great. Mr. Lindsay deserves proper recognition of his work. But while his ideas are great, his capacity to express them leaves you wishing for better clarity, and further elucidation. Initially, as we board the subject, we are presented with the study of three points, P1, P2, and P3. So far, so good. But the foundation of my point comes when we are faced with the study of previous points to the well defined P1, P2, and P3. Here, as we are introduced to the use of a previous point to the P set, that new point is being referenced as P1, and the subsequent points as P2 and P3. So, now the new point is P1, what used to be P1 is now P2, and the old P2 becomes P3. And, as if this would not be confusing enough, still, a preceeding point is brought to the study of the Trident system. And guess what? ... well, you guessed right ... that new point is referenced as P1, and the subsequent two, P2 and P3 ... Five points ... three names ... it just becomes hard to follow Mr. Lindsay's technique ... I have rewritten his formulas in my book, assigning the names P0 and P-1 to those two points that are later introduced in the study ... not without the frustration, the hardship, and the affliction that become an additional cost to understand this great concept ... and I haven't tackled the Bs yet ... Mr. Lindsay overly compensates his lack in communications skills with the gift of his brilliance ... the book would have been worth well over $500, if an expert in the field would have imparted clarity to such plain, simple, and brilliant concept ...

13 of 17 people found the following review helpful:

4.0 out of 5 stars Trident Trading strategy full of promise, June 10, 2001

By 

Ian McClure (Victoria 3146, Australia) - See all my reviews

This review is from: Trident: A Trading Strategy (Hardcover)

As a newcomer to trading, I quickly became engrossed in this book. The first five chapters are readily understood, and describe a logical, mechanical trading system, which appears to be based on W.D. Gann's trading principles. The system as such proves to be a profitable trading tool, but the final chapter, which shows promise of being the icing on the cake, is intangible and not easily understood. This is very frustrating for, although I have read the entire book several times, the essence of that final chapter still eludes me. The appendix speaks of further Trident developments in the future, but to my knowledge, Charles L. Lindsay has written nothing further on the subject, sadly.

5 of 8 people found the following review helpful:

2.0 out of 5 stars draw a trend line, July 27, 2006

By 

d0nt - See all my reviews

This review is from: Trident: A Trading Strategy (Hardcover)

draw two more trend lines. One equidistant above and one equidistant below the first trend line, either buy or sell when the price crosses the one of the two outside trend lines............the trident strategy.