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 enlarge | Author: Malcolm Pryor
Publisher: Harriman House Publishing
Category: Book
List Price: £19.99
Buy New: £10.71
You Save: £9.28 (46%)
Rating:  8 reviews
Sales Rank: 3618
Media: Paperback
Edition: Reprint
Number Of Items: 1
Pages: 295
Shipping Weight (lbs): 1.1
Dimensions (in): 9.1 x 6.1 x 1
ISBN: 1897597932
Dewey Decimal Number: 332
EAN: 9781897597934
ASIN: 1897597932
Publication Date: June 29, 2007
Availability: Usually dispatched within 1-2 business days
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| Customer Reviews:
| Showing reviews 6-8 of 8 | | « PREV | | |
 A definite one for your trading bookshelf! September 24, 2007
10 out of 10 found this review helpful
I liked this book and it followed on nicely from The Beginner's Guide to Financial Spread Betting by Michelle Baltazar.
It covers the important areas of Psychology, Methodology and probably most importantly Risk Management. I was expecting more on the Technical Analysis side but this clearly seems to be a big topic in itself which is evident by Malcolms reference to recommended books for further reading.
If you are serious about trading you should read this book.
 Interesting September 14, 2007
7 out of 8 found this review helpful
A good book if your new to spreadbetting, the nuts and bolts of different types of bets, how to open, close and pyramid bets is covered well. The choice of spreadbetting co's is also well done (I.E. how to choose, not what to choose).
The volatility idea's were very good also.
My only gripe is the author's over-reliance on the ADX indicator. One example of BP. was downright dangerous, entering into a long, when most other indicators were showing bearish divergences!
Technically weak, but then it's not what this book is about...
Excellent September 7, 2007
26 out of 26 found this review helpful
I know for a fact that many people have actually bought this book and are using the methods contained therein because of the questions that they are asking about certain technical indicators etc on bulletin boards. You know who you are!
Having read this book, I'm not surprised because it is truly inspirational so I'm somewhat chuffed at being able to write the first review (while all you other chaps are busy trading no doubt).
If you are looking for a structured, systematic approach to your trading then this is the book for you. I read it from cover to cover in 2 days and I've been re-reading it as a reference work ever since. The author makes no grand claims (like others I could mention), it is a modest, unpatronising fund of an immense amount of accumulated wisdom. The central image of the book - the idea of climbing a mountain and what you need at each stage- works very well and I was slightly ashamed to realise on reading this book that I hadn't even adequately covered base camp! Needless to say that I quickly remedied this.
Any cons? Not many that I can see ...perhaps a little too FTSE and Sharescope-centric but again the author is describing what works for him and it's good to walk before you can run.I think there's a slight mathematical typo on p.259 and it should read 4 for every 10 invested or 40 for every 100 but this is nit-picking (and my sums may be wrong).
Other than that, I can't really fault this book and I wouldn't wish to...I've learned a lot reading it. Warmly recommended.
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