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The two best books by Martin Pring IMO are Investment Psychology Explained
and Martin Pring On Market Momentum. Joe Granville's first two books: A
Strategy of Daily Stock Market Timing for Maximum Profit, and Granville's New
Key to Stock Market Profits (where he introduces On-Balance Volume) are
excellent. If you have the math background, I also would recommend P. J.
Kaufman's Commodity Systems Trading and Methods. Others on my top ten list
are Gerald Appel's Winning Market Systems and everything by Larry Williams
including the many trading systems he has developed over the years and his
old newsletters. Last, from a technical analysis standpoint are Bill Williams
books on Chaos Theory. On the fundamental side, I think William J. O'Neil's
books and IDB will give you the initial screening you will need. I,
personally, have not been able to apply e-wave theory in a consistent enough
manner to use it, in spite of many years of effort. Sometimes it was very
very good and other times it was horrid! (like the little girl). My
evaluation of all of the experts on this theory have left me with the same
conclusion: sometimes they do very well and other times they are totally
wrong.
These recommendations are based on my background with master degrees in
business and applied mathematics and extensive computer programming of more
than 130 systems that I have programmed for others, without charge, in
exchange for learning what they thought was worth using. It is also based on
over 44 years of successful market investment and trading and reading over
145 books on the subject.
My final offering is a saying used on Wall Street: "You make money in your
business and loose it in the other guy's business." If you have not invested
the time and effort to make financial investing and trading your business,
you are in the "other guy's business".
Hopefully these thoughts and recommendations will cut some of the time off
what I have gone through to make you consistently successful in the markets.
Good trading,
Joe Nemecek
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