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Jeff:
I have no problem with the book if it is called The Short-term Stock
Traders's Best Friend instead of Short-term Stock Trader's Bible.
By using the word Bible which would imply the book stands on its own and is
head and above everything else, which is hardly the case. As a matter of
fact, his Expansion Breakout techniques are downright dangerous. Ever heard
of the Turtle Soup ?
Good Trading
John
At 09:47 AM 11/19/98 PST, you wrote:
>If a newbie entering the market is so gullible as to think that the secret
of automatic trading profits can be held in one's hands for a mere $99, no
power on Earth can prevent them from losing hundreds if not thousands of
dollars. I have not seen Cooper's new book, but I have *Hit and Run 1*. In
my opinion it is better than 80-90% of trading books currently in print,
stressing key issues such as money management, risk control, simplicity,
preparation, etc. For example:
>
>"Money management is more important than entry strategies." (pg. 9)
>"I became a much more profitable trader when I learned to scratch a trade"
(pg. 9)
>"Doubling up is for losers" (pg. 10)
>"This is not an easy game......There are probably fewer *full-time*
professional traders in this country than there are professional athletes"
(pg. 11)
>
>A newbie could do MUCH worse than to start out with such ideas.
>
>Cheers,
>
>Jeff Kingery
>taotrader@xxxxxxxxxxx
>----------
>
>>
>> How about those newbies just entering the market who may be losing hundreds
>> or if not thousands of dollars because they thought they had in their hands
>> the BIBLE To Short-Term Trading ?
>>
>>
>> John
>>
>>
>>
>> At 06:33 AM 11/19/98 -0500, you wrote:
>> >There are lots of good ideas.
>> >
>> >There must also be common sense and good followthrough.
>> >
>> >Thanks
>> >
>> >Peyton Morgan
>> >Editor@xxxxxxxxxxxxxxxxx
>> >http://TradersDigest.com
>> >
>> >
>> >-----Original Message-----
>> >From: john shih <jshih@xxxxxxxxxxxxxx>
>> >To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>> >Date: Thursday, November 19, 1998 5:56 AM
>> >Subject: Re: Jeff Cooper's Hit and Run Trading II
>> >
>> >
>> >
>> >Bob:
>> >
>> > Thanks for responding to my E-Mail message. I have no doubt that Jeff
>> >Cooper is a successful trader using the set-ups that he mentioned in his
>> >book. But it is my opinion that he delibrately left out certain key
>> >elements of his strategies in order to NOT GIVE AWAY THE STORE. Why do you
>> >think he has a follow-up daily fax service that cost $150-$500 per month ?
>> >Therefore I firmly believe that in order to make money, you must combine his
>> >set-up with your existing techniques. Using the strategies exactly as
>> >described in the book will not work. It is sort of like President Clinton
>> >when he said he may have misled the general public by not volunteering
>> >certain information ?
>> >
>> >
>> >
>> > Good Trading.
>> >
>> > John
>> >
>> >
>> >>>> At 08:47 AM 11/17/98 -0600, you wrote:
>> >>>> John:
>> >>>>
>> >>>> It looks and acts just like book one...only still more "systems." (To
>> >>>> be fair, it has a bit more and I'd be happy to describe it further) Bu
>> >>>> the big question is, IS ANYONE MAKING MONEY WITH THE SYSTEMS IN BOOK
>> >>>> ONE?
>> >>>>
>> >>>> Regards,
>> >>>>
>> >>>> Bob
>> >>>>
>> >>>> john shih wrote:
>> >>>>
>> >>>>
>> >>>> Has anyone read Jeff Cooper's Hit and Run Trading II ?
>> >>>> Can you give us your opinion ?
>> >>>>
>> >>>> Thanks
>> >>>>
>> >>>>
>> >>>
>> >>>
>> >>
>> >
>> >
>> >
>> >
>>
>
>
>
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