murray t turtle
Registered: Dec 2001
Posts: 6300 |
01-18-12 09:00 PM
Frankly my business plan allows for frequent trading;
but the swing/ position trading did much better on a %% basis, so I am selling some market making time frame books.
This David Floyd book is helpful;
How I Achieved Triple- Didget Returns In Daytrading.
I agree with his 20 period working moving average/charts;
not that it is as helpful as a 200 day ma.But rather than use his 58 or 60 /1 minute candle charts... I found 58 days/60 days 60 weeks weeks, 60 months much more helpful. Much less comissions also .
Some of his info is a bit dated[early 2000 area];
like his bid ask spread is a bit wide.LOL
Book is in above average shape;
i marked some candles it with federal reserve color green;
blood red for downtrend ........................$49.77 plus $4.99 postage.
COD deliverys will work, or i will take a personal check,i dont use paypal.Money Back ,if not satisfied 7 day inspection.I usually take 7 or 8+ days to respond to any email
Also while his track record is quite good, assume he is telling the truth;
this book is not nearly as good as Market Makers Edge, by Joshua Lukeman, with Joshua's 6 month candle charts.
David Floyd much prefers NYSE stocks,[for example GE.C] noting they' re more orderly, still true today BUT frankly some NASdaQQQ stocks are plenty orderly enough for swing position trading /imvesting
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