Customer Reviews

Mind Over Markets: Power Trading with Market Generated Information

5 star:		(3)
4 star:		(0)
3 star:		(0)
2 star:		(0)
1 star:		(1)

 

 

This is by far one of the best books I have read about the market. I think for someone to undrestand all the material in this book some basic knowledge of technical analysis is needed.

I bought this on recommendation from a friend, what rubbish. Does this guy really know what he is talking about? Its far to complex, and contains too many opinions.

The best trading book I've ever read. This is not for the faint of heart or the trading beginner. There is a ton of info very well explained and you will need to re-read this several times to truly understand it. I recommend hand charting your own profiles everyday in a spreadsheet and then analyze what happens when the market opens in the value zone, out of the value zone but in yesterday's range, or completely outside of yesterday's range. Eventually you will be able to figure out what the current day will "look" after the day opens with remarkable accuracy. I was almost tempted not to review this publically, since this in my opinion is as close to a Holy Grail as you will get.

The Market Profile has been around long enough for there to be quite a bit of information available for free, in books and in courses. I've read all I can on the web and after reading this book, the Market Profile is finally becoming clear. This book is helping me see how to watch what the other participants are doing based on what they are doing. I'm reducing my reliance on after-the-fact, price-based indicators. It's really a method of trading with the market, instead of following it and being late.