High Probability trading
by Marcel Link
Book Summary Information
Author: Marcel LinkEdition: Hardcover
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2003-03-17
ISBN: 0071381562
Number of pages: 288
Publisher: McGraw-Hill
Product features:
- ISBN13: 9780071381567
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
- Click here to view our Condition Guide and Shipping Prices
Book Reviews of High Probability trading
Book Review: a 50 pg booklet in 350 pages
Summary: 2 Stars
First, let me say that the content of this book is just fine. I think the key themes presented are very true, and the author seems to have a basis of personal experience to work from. My complaints are twofold:
(1) the book rehashes the same basic points over, and over, and over, and over. I don't consider myself a particularly quick study, but I don't need to be told 20 times that it's important to have a disciplined money management approach. I think the author could've actually proposed a specific framework (or five) for money management rather than just endlessly saying that you need to cap your losses
(2) it's written in a pretty uninspired way. I like that the author is a trader who writes rather than a writer who trades, but multiple misspellings, poor grammar and sloppy sentence structure. This is the editor's problem, not the author's since I don't expect content experts to be Steinbecks
Read the book if you like, but be prepared to skim after about the first 50 pages
Summary of High Probability trading
A common denominator among most new traders is that, within six months of launching their new pursuit, they are out of money and out of trading. High-Probability Trading softens the impact of this "trader's tuition," detailing a comprehensive program for weathering those perilous first months and becoming a profitable trader.This no-nonsense book takes a uniquely blunt look at the realities of trading. Filled with real-life examples and intended for use by both short- and long-term traders, it explores each aspect of successful trading.
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