Timing the Trade: How Price and Volume Move Markets

I had virtually given up on trading and was about to cancel this purchase but I figured what the heck. Boy am I glad I didn't cancel. This book has revolutionized the way I trade. I've been trading on and off for about 10 years, this year I decided to take it seriously, took several courses read more books and proceeded to continue losing.I noticed in my trading that I had an idea of entry and exits but not with a high degree of confidence. I tended to be right on direction but wrong on timing both entry and exit. Well after this book my confidence is higher than it's ever been. I have just started trading using Tom's techniques and my problem now is that I need to trust my analysis. So far I have been kicking myself for not trusting my new method and as I said my confidence is increasing. I can honestly say for the first time that I believe a breakthrough is imminent.Tom's style is the epitome of clarity and simplicity. He puts more actual meat (no fluff) in one chapter than you'll find in most books. I only wish this had come out 10 years ago!This is by far the best book on trading I have ever read but the following have also helped to one degree or another in order of importance:Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude - Mark DouglasHow I trade for a living - Gary SmithJesse Livermore: World's Greatest Stock Trader- Richard SmittenHigh Probabilty Trading - Marcel LinkPit Bull - Buzzy SchwartzMarket Wizards - Jack Schwager

I have high praise for Tom's book - especially the discussions about ice/creek and Fibonacci related items such as confluence. These are discussed in other books of course, but Tom brings them together in a nice package and explains it well.If you combine his book study with a solid study of the stocks he discusses on his show, you are well on your way to understanding his system. He usually has several downloadable broadcasts a day, so there are plenty of opportunities to study the stocks that Tom analyzes. I have also attended the Master Trader Series course he offers, but the course was little more than a live rehash of his book.Lastly, this is a judgmental system, so you have to decide to make the trade. He has an excellent section on risk/reward that provides the tools to give the confidence in that trade execution. If your trading results suffer, check it out.

I found the book a basic view of technical trading with Tom's special approach. Since I am not an experienced technical trader, it was very helpful to me. I will have to read a number of times an digest the infomation to fully use it. My basic problem is in translating book knowledge to the real charts. Hopefully, some of Tom's insight should help me do that.

Terrific & essential trading book

good read

It is easy to read.

This book presents a simple and proved trading methodology. His combination of price and volume at swing points is powerful. It is a step by step recipe to a more disciplined trading career.I must admit that I have been following the author since early 2000 and his major calls on the market and gold have been priceless to me. The early days was via radio show which is still active and available on the internet.This should be read by all who take technical analysis seriously.On the light side, when I first heard Tom on the radio I thought he was more likely a nut than an expert. I have grown to love following him and can point to many 10's of thousands of dollars both saved (loss avoidance) and made.Al, "Old Fogg"

For the beginner, simple and straight forward descritpions and examples on trade setups and how to recognize them. If you're an experienced trader and need to review common sense technical setups and trade management, this book can be a helpful reference. Written in a simple common man style that is easy to understand by just about anyone interested in markets. A bit pricey, but will make a great addition to your library.

This book is very good for beginners, I found it easy to understand and super useful techniques were provided. I would recommend it.

arrived in good used condition, as the description had indicated.