Thoughts on Larry Connors books?

Discussion in 'Educational Resources' started by BearTrades, Dec 18, 2019.

  1. There isn't ANYTHING that "works for some and not for others". Unless you're claiming "some things work for those who understand and don't work for those who don't". No shit, Sherlock. DUH!

    "Mean reversion" IS a thing. Just not reliable "when YOU need it".
     
    #21     Dec 19, 2019
  2. Arnie

    Arnie

    I had probably 40+ trading books. All the great ones, including Connors, Rashke, Crable. There is some value in most, but in the end you have to figure it for yourself.
    I sold all of them years ago.
     
    #22     Dec 19, 2019
  3. :thumbsup: Trading in the zone is one of my all time favorites.
     
    #23     Dec 19, 2019
  4. Spot on, its about what fits your personality. There are plenty of different ways to take money from the market.
     
    #24     Dec 19, 2019
  5. I don't think any one book will make you a good trader that's for sure. Its not nearly that easy.

    That being said I have found great value in Connor's books.

    He is one of the only that actually shows statistics of his strategies, and they do hold up (I backtested some of them).

    Also, he is a real trader, which is surprisingly rare.

    I have been meaning to pickup his new one, The Alpha Formula but its not on Amazon yet, only on his website.
     
    #25     Dec 19, 2019
    SunTrader and BearTrades like this.
  6. I read both of those books, and personally programmed and traded his strategies. He's the real deal, and his stuff works. You won't make money without addressing your inner demons, though. I can't help you with that.
     
    #26     Dec 21, 2019
    BearTrades likes this.
  7. Karin42

    Karin42

    Maybe my opinion is weird, but when I was reading, I had feeling that I already read this book previously. It's good for newbies, but if you already learned a lot, this book is just the same things combined...
     
    #27     Dec 22, 2019
    BearTrades likes this.
  8. guowei58

    guowei58

    all mean reversion strategies. but with different indicators and thresholds. the strategies all work because they are all derived from mean reversion...good books for people to read up on...even if you don't use those strategies, they will give you ideas you can use in your own approach.
     
    #28     Dec 23, 2019
    BearTrades likes this.
  9. Where are the stop losses in Connors books? There are none. Would you trade that way? Would anyone trade that way?
     
    #29     Feb 27, 2020
  10. guowei58

    guowei58

    Connors typically uses 200dma as a stop loss...everything below 200dma is ignored or sold...not a bad rule of thumb
     
    #30     Feb 28, 2020