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Re: Promoters



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Michael Mangiafico wrote:

> diamond wrote:
> >
> > I bought several books on trading *before* I started joined this e-mail
> > group, and Real Traders e-mail group. Since that time I have found out that
> > several promoters out there are writing books that are probably not worth
> > ones time to read, or the money. I mean those, Wade Cook type promoters. I
> > personally have nothing against them. I would be doing the same thing it I
> > could make money at it. For those of us who are fairly new to investing, it
> > would be good to know who these people are so we could avoid their
> > products. I just threw away a book by Jake Bernstein, which I understand is
> > part of this crowd.
> >
> > My question:
> > I am reading a book now by William F. Eng. Forgetting about how good an
> > author he is, and if his systems work, I want to know if he is *sincere* or
> > a Wade Cook promoter?

NW:  Zane, I am personally acquainted with Bill Eng and believe that he is
totally sincere.I think his first book is perhaps the best, especially the part
covering Astro trading, which is one of
the main methods that Bill uses to trade.

Cheers,

Norman

> I don't mind reading anyones book on investing(no
> > matter how good or bad) as long as they are sincere in their investment
> > system beliefs, and not just out to yank us by the chain for a few dollars.
> >  Does anyone care to make a list of the Wade Cook promoter types? There are
> > so many books about investment, it would be nice to weed out a few to help
> > cut down on dead ends, and wasted time.
> >
> > Thanks in Advance.
> > Zane Kori
> > Abilene, Texas
>
> Great books I would recommend:
>
> I second the notion on Computer Analysis of the futures markets by
> Charles Lebeau and David Lucas--great book
>
> Jack Scwager---Tech analysis of the Futures Market ( I forget the
> correct title)
>
> Gary Smith--live the dream.  don't know or care if his model works, the
> book teaches you how to read the market.
>
> I am reading Robert Miners book--dyanamic trading.  I am not a fan of
> elliot wave, I am only reading to better understand timing and price
> projection, but if you like elliot/cycle analysis and that type of
> stuff, this book is the best I have seen.  Trading chaos is also good in
> this respect.
>
> Don't buy anything by Joe Ross--waste of money
>
> Regards,
>
> MM