Dynamic Trading: Dynamic Concepts In Time, Price and Pattern Analysis With Practical Strategies For Traders and Investors (Hardcover)

~ (Author)

Editorial Reviews

Review

"We could tell from the very beginning of Robert Miner's book, Dynamic Trading, the throughness of the analysis which awaits within. The book is divided into three sections including: 1. The three dimnsions of market activity (pattern, price and time), 2. Trading strategies based on probabilities and risk control, not predictions of the future and 3. How to put it all together in a trading plan.

The discussions of pattern, price and time are thorough and presented with such logic and clear explanation that anyone will be able to understand the reasoning behind the approach. Throughout the book are examples of how all of the information is applied in practical manner.

Dynamic Trading is a complete trading education..." -- 1999 Supertraders Almanac

Dynamic Trading may be the most important trading book of the decade. For the first time an author has put together a complete approach to technical analysis and trading strategies in one course of instruction. Unlike the authors of most other trading and investing books, Miner is a master teacher who has taught trading strategies to traders since the mid-1980's. Dynamic Trading is a step-by-step guide to how to do a comprehensive technical analysis of any market position and what specific trading strategies to implement. Does Miner's Dynamic Trading approach work in the real world of trading decisions? Miner has proven is work has practical application. Miner is a first place winner of the World Cup Championship of Futures Trading which is an annual contest of real-time trading results. Few trading book authors achieve this status. If there is one trading book to have in your reference library, Dynamic Trading is it. -- Traders World Magazine

Product Description

Dynamic Trading was voted the "1999 Trading Book of the Year" by the 1999 Supertraders Almanac. Dynamic Trading is a comprehensive instructional course of the unique technical analysis approach of the stock, index, mutual fund and futures markets developed by Robert Miner. Anyone from day-trader to position-trader may apply the unique time, price and pattern concepts taught in Dynamic Trading.

In Dynamic Trading you will - Learn how to project the precise time and price targets for trend change whether you are charting a one-minute or one-month data file. Learn specific low-risk, high-probability trading strategies. Learn a unique and comprehensive approach how to trade stock indexes, futures, stocks or mutual funds like a professional. Learn practical, simple and low-risk trading strategies.

Whether you are a very short-term day-trader or long-term position trader, Dynamic Trading will put you on the leading edge of a unique technical analysis system and practical trading strategies that will allow you to make confident trading decisions day-by-day.

See all Editorial Reviews

Product Details

• Hardcover: 540 pages
• Publisher: Dynamic Traders Group, Inc. (October 1, 1997)
• ISBN-10: 0967513103
• ISBN-13: 978-0967513102
• Average Customer Review: 4.7 out of 5 stars  See all reviews (16 customer reviews)
• Amazon.com Sales Rank: #3,086,447 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

35 of 36 people found the following review helpful:

5.0 out of 5 stars Best Work Available on Elliott Wave & Gann Approaches, October 14, 2000

By	Charles Holt, CTA (DaytradersBulletin.com) - See all my reviews

Dynamic Trading is perhaps the best work available on the use of Elliott Wave and Gann approaches. Not only are the layout and examples clear and easy to follow, but their real-world application is extensively covered. Robert Miner has produced a seminal work in the practical use of Elliott Wave -- no easy task.

Miner clears the decks early by acknowledging that Elliott's "wave counts" work about 50% of the time. Thus, he does not resort to vague, exceptional wave counts and other fudging factors in an attempt to justify the Master's infallibility.

As a professional trader of almost 20 years, I attempted in the past to apply Elliott wave to daily and intraday trading and failed. I discounted Elliott principally due to the presentation by Elliot academicians.

I get the sense that most authors attempting to explain Elliott and Gann are theorists only and either do not want you to be able to trade using their interpretations or, in fact, are not traders. Miner has clearly been in the trenches, and his book makes the approach accessible.

Though Miner takes a less restricted approach to the interpretation of wave counts, his results are no less impressive. The author is very restrained in touting his software that accomplishes what is explained in depth in the book. However, all formulae (to my knowledge) are revealed and are adaptable to an Excel spreadsheet, which is what I have done.

Wave counts, Fibonacci retracements, time measures, trading strategies, an abundance of practical examples, and much more is covered.

The Wave Structures Check lists, Summaries of the Most Important Price Projections, Ratios by Wave, and Worksheets are invaluable and alone are worth the price of this book. If you trade or plan to, you should buy and study this book.

34 of 36 people found the following review helpful:

5.0 out of 5 stars Excellent and thorough., December 14, 2000

By	Ruth Henriquez Lyon (Duluth, Minnesota USA) - See all my reviews (REAL NAME)

This is a huge binder-sized book, packed with so much information it's a bit daunting at first. But it's worth the work, as it is one of the best books around for people who want to learn the art and science of trading in a disciplined fashion. Miner focuses his teachings on ideas developed by Gann and Elliot having to do with dynamic ratios and patterns in financial markets. Thus there is a lot here about Elliot wave analysis and Fibonacci ratios. However, he tempers these academic theories with a heavy dose of common sense practicality, which makes them much more usable for traders. The book begins with chapters on analyzing chart patterns using Elliot wave principles, dynamic price analysis, and dynamic time analysis. The remaining chapters focus on how to use this information in everyday trading. In reading these final chapters I realized areas in my own trading that could use improvement-compared to Miner's rigorous method, mine has been a bit sloppy.

Robert Miner is not only an expert in his field, he is also obviously an experienced teacher who knows how to present information in the proper steps for maximum learning. He has a very interesting mind-he's one of those rare people who has a metaphysician's visionary propensities coupled with a very down-to-earth common sense and dry wit. Thus the book, though at times difficult, is never dry or pedestrian.

13 of 13 people found the following review helpful:

5.0 out of 5 stars A truly must read for serious students, April 11, 2004

By	Giuseppe V. Verardi (Rome, RM Italy) - See all my reviews (REAL NAME)

This review is from: Dynamic Trading: Dynamic Concepts in Time, Price & Pattern Analysis With Practical Strategies for Traders & Investors (Hardcover)

Robert focuses his books on the three critical aspects a trader has to consider: time, price and pattern and for each of them, the book provides PRACTICAL, sound techniques that once mastered can truly give your trading habits a quantum leap.
The pattern section focuses on practical application of Elliott wave theory, here not meant to describe evey market condition, but just to understand if a market is trending or counter-trending. This is in my opinion a great achievement, having read numerous non-sense books on Elliott.
The sections on price and time describe techniques on how to forecast in advance price and time clusters where change in trend are highly probable. Synthetically, the reader is equipped with a good arsenal of techniques that will allow him to combine the pattern (trend/counter-trend analysis) with time and price projections in order to forecast high-probability set-ups on the markets.
The book provides also a good section on how to build trading strategies, plan and rules and this has helped me a lot to finally put some order into my trading. A number of extremely useful entry and stop-loss techniques are also provided.
Robert Miner IS A TRADER, not sort of guru who talks about markets without having risked a penny on a stock and that adds tremendous value to the practical application of his ideas.
I strongly suggest not only to read but to study this book.