This book is complete junk like all Connors/Alvarez material. Their newer book, High Prob ETF Trading, is just a copy with a new name. Considering the recycling of their courses and ideas, I can't believe anyone still buys this stuff. Connors should be charged with plagiarism. How many trading noobs are born every day?
To whomever removed my original post believing that I revealed proprietary methods of Trading Markets (200 day SMA, 2 period RSI, 5 period SMA, etc.), please refer to Trading Markets own website to discover all this information is posted free on their blogs. No information I posted is not already disclosed to the public domain from their own website; most from Larry Connors' own blog. See the small sample of links below for free and public references and compare with the table of contents of their book(s) and systems. It is no secret Trading Markets entire product catalog is based on a few simple concepts; they disclose this on their own website over and over again (i.e. TM 10 Trading Rules ). Posting public information to help new traders is not an offense. Only trying to help the large number of suckers who pay $5000 of their hard earned money for a course already found in the public domain. If only people learned to read and do some research they could discover the truth about these strategies. The Improved R2 Strategy: 84% Correct with Just 6 Rules http://www.tradingmarkets.com/.site/stocks/commentary/editorial/The-Improved-R2-Strategy.cfm TM 10 Trading Rules http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/ TradingMarkets Rule 1 - Buy New Lows, Not New Highs! http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44478.cfm TradingMarkets Rule 2 - Buy The Market After It's Dropped; Not After It's Risen http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44479.cfm TradingMarkets Rule 3 - Buy Stocks Above Their 200-day MA http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44480.cfm TradingMarkets Rule 4 - Short Stocks Below Their 200-day MA http://www.tradingmarkets.com/.site...e-4---Short-Stocks-Below-Their-200-day-MA.cfm TradingMarkets Rule 5 - Use The VIX...It Works http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44482.cfm TradingMarkets Rule 6 - Reduce Overnight Risk; Buy Indices And Sectors Instead Of Individual Stocks http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44483.cfm TradingMarkets Rule 7 - Reduce Overnight Risk (More); If You Buy Stocks, Buy Better Established Companies http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44484.cfm TradingMarkets Rule 8 - Learn how to properly use RSI. It may be the best indicator available to traders http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44485.cfm TradingMarkets Rule 9 - Avoid being churned; stay out of markets which have low ADX readings The narrow trading ranges that have held stocks throughout the session continued during the past half hour, preserving the major averages' mixed performance. http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44486.cfm TradingMarkets Rule 10 - Trade news...but not like everyone else http://www.tradingmarkets.com/.site/AboutTM/general/tmtradingrules/07282005-44487.cfm Dynamic Exits: How to Properly Exit a Trade http://www.tradingmarkets.com/.site...-Exits-How-to-Properly-Exit-a-Trade-81929.cfm
============== Dr.z, its murray T; Most of those links do not work, but i liked some of those titles. Great quotes, i added some, like Rule #9 Avoid being churned {stay out of markets}LOL I wouldnt call a book/booklet on a 200 day moving average a scam, or ''for suckers'';William O Neill gave/sold books/ simply proved the 200 dma............................. Of course if one doesnt believe in trends & buys stocks/Indexes/ETFs above 200 dma in a bear market- one could become a believer in Bear markets/bear downtrends.LOL