11/07/2009

Review of Candlestick and Pivot Point Trading Triggers + CD-ROM: Setups for Stock, Forex, and Futures Markets (Hardcover)

Before you read this book I would highly recommend reading any other with candlestick being the primary subject. "High Profit Candlestick Patterns" or "Profitable Candlestick Investing" - both by Stephen W. Bigalow or one of Steve Nison books. The more you know about candlesticks patterns and emotions behind them the better trading decisions you might be reaching.
Person's book is one of the very few explaining pivot point - very useful tool indeed. Using high closing and low closing doji with pivot point will not make you a perfect trader, but will allow to avoid disasters being to hasty (or too greedy ) in your decisions. Bottom line of any trading is discipline - and this book is trying to teach this showing how to develop and use very simple system.
CD provides nice overview of everything covered in the book plus pivot calculator. If you need one a bit more sophisticated, you can find it on [...].
Trading is about making money. Keeping things simple will make you a better trader and this book will help you in that.



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