I still have a difficult time to understand how a very successful method/system would be published in a book rather than just traded . Unless the return from the sale of the book exceeds the return of the trading system. Anything I missed ?
No you pretty much nailed it . Also I think the book is a general study of different TA approaches, showing where each indicator works best, not necessarily touting a specific signal or a specific system. It will still be up to the individual trader to decide which signals to use and when and how to set stops and decide when to get out. The success or failure of any TA indicator or collection of TA indicator still comes down to the individual talent and skill of the trader and how he or she uses it/them. It is no different than a recipe book showing 30 different ways to make beef and the reader has to decide which ways they prefer and apply their individual skills in producing the results. A bit of stretch analogy but the idea is basically there
scientific, objective, statistically valid methods OR subjective tactics verified by anecdotal evidence--- the choice is up to you, that is the bottom line. regards, surf
yes, i have read the book in its entirety and stand by my earlier praise. i wish i would have read this book 10 years ago! surf