Funniest Post I've read for a long time. 15 years, couldn't "understand shit"! Long Live Padu. Long Live the King.
No books will make you into a successful trader. All they can do is give you a pointer or two to help you come up with your own original ideas. I would recommend you read Sun Tzu's "The Art of War". Why? Because trading isn't about finding the most perfect setup. It's about being able to read the market, that is, market psychology. It's not what you do that matters, but what others are doing that counts. It's not when you get in or out of the trade that matters, but knowing how to avoid traps that counts in the end.
I know what you're saying...there are several books that i got absolutely nothing from...and most have that one golden nugget that will help you down the road. ("love to lose money, hate to make money" from The Dao of Capital comes to mind). I've read AOW twice now and will probably revisit at some point. I am a pretty committed book worm...Probably going to find something else specific to crude but considering PA. Even if there is no guarantee of knowledge i still think it's good to be immersed in related subject matter. thanks.
yes you have to see th other fellow's point of view..... Brooks is forever talking about both sides bull and bear
you are smart.... and you post correct things which is probably why i do not understand it... i would not have lost money for 20 years if i understood correct things. i knew the correct things but did not understand them.
bob volman is very limited he has only one strategy and you have to wait forever for it to set up. Brooks, if you understand him, you can trade in any market condition and there is ALWAYS a trade that is set up . but it took me 20 years but it may take you 20 months or more or less provided you want to learn it. that is why he is a genius. he can teach you to trade in any and all market conditions. he is the Kohinoor of all diamonds
i was happy to lose money fast because then i knew i could make it fast. but it took me 20 years and i still lose money faster -i make more nowadays but it is still slower on the whole