|
PureBytes Links
Trading Reference Links
|
My take on the Joe Ross books [And I own all of them, including one he
published on race track betting] is that these materials should be used as
a catalogue of someone else's tools. Are they valid for your own trading?
There's only one way to find out: Read the books carefully and then watch
the techniques he describes in real-time and do your homework. Some people
may find some merit in the techniques and take some of them and add them to
their trading tools. Others may read the books and get little or nothing
out of them. NO books are all good or all bad--or all useful or all rubbish.
It's vendor world out there, folks. Unless YOU do your homework, you can
and probably will get burned. Test things out for yourselves.
Tim Morge
At 10:14 AM 2/20/01 -0800, WParks wrote:
>On the 5, there are 3 Joe Ross books, which I
>consider as the best ones I ever read, namely:
>The Ross Hook, Trading by the Minute, and Trading Optures and Futions.
>By the way, I would like to exchange one of the above against "Trading is a
>Business", which I would like to read also.
>
>Trading Is A Business is a great first book for anyone interested in trading
>for a living. Like many newbies, I traded without regard to a business plan,
>rules, or any consistency to what I was doing. After reading this book, I
>changed my whole perspective on trading, and what I was doing (or more
>importantly not doing). Six years later I still follow my trading plan,
>voice record my trades, review my wins and losses, etc. The only other book
>I have read by JR, Trading by the Minute, was informative, gave me some
>ideas, that I incorporate with other methodologies I use, but is not the
>holy grail.
>
>William
|