Ebook The Secrets of Trading The First Pullback: A Price Action Guide For Understanding Market Pullback That Works
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The Secrets of Trading The First Pullback: A Price Action Guide For Understanding Market Pullback That Works
Ebook The Secrets of Trading The First Pullback: A Price Action Guide For Understanding Market Pullback That Works
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Product details
Paperback: 120 pages
Publisher: CreateSpace Independent Publishing Platform (April 1, 2014)
Language: English
ISBN-10: 1511779349
ISBN-13: 978-1511779340
Product Dimensions:
6 x 0.3 x 9 inches
Shipping Weight: 8.3 ounces (View shipping rates and policies)
Average Customer Review:
4.1 out of 5 stars
26 customer reviews
Amazon Best Sellers Rank:
#473,667 in Books (See Top 100 in Books)
Although there is nothing new here in the way of technique or application, it is very nicely written and well thought out. I believe that it can significantly help a beginning trader who is looking to "baseline" their Trading Strategy. In that regard, I believe it would be worthwhile spending time working with because of its inherent clarity and definition. In any case, I bought the book to discover for myself if there was anything there for me personally as a 20 year market veteran, and a perennial student of the market. And I found my answer. Further, after communicating with the author, I found him to be candid, honest, and forthright in what he was attempting to convey in the book. I've got to respect that, and I have revised my previous rating accordingly. And now I will be selling the book back to another like minded truth seeker. Thanks!
Great little book overall. It's a relatively short book to ready but make no mistake, there is some meat in it.Got the paper copy btw.The author is to the point and does not spend endless pages talking about how much of a trading stud he is or dropping some Wall Street anecdotes.Learning to trade pullbacks properly is a must for anyone aspiring to get the upper hand on Wall Street. I am confident this book will help you firm up your game. It's not the last word on pullbacks trading but all the basics are very well covered and in my opinion the trading set-ups discussed are sound.Great job. I will more than likely give a shot at another of the authors book.
As the title implies, this book discusses in great detail different types of pullbacks and how to identify them on the charts. There are charts that clearly show the examples of what he is discussing. Even on a kindle, the charts were clear and easy to read. He really did a good job explaining how the ideas he was discussing played out on the charts (pointing out entry and exit points). I found the information to be helpful. Unlike many trading books, this book doesn't have any filler chapters where the author goes on and about how his method is the best and the rest are stupid and blah blah blah. He got right into the discussion of pullbacks. Another reviewer mentioned how the author tried to sell a trading course on his website but that is misleading. The only discussion of his website was in the last chapter of the book, after all of the author's points had been made. His website was not mentioned in the discussion of pullbacks at all.
Finally a trading book that is an excellent first step in the right direction.If you're tired of searching for a system to use in your trading then grab a hold of Secrets of Trading the First Pullback as a first step to solving your problem. Pullbacks occur in the market on a daily basis and Alwin does an exceptional job of taking you step by step through the complete process.While the book is a fantastic first step, no trading book will or has EVER taught you a complete method. Try one on Flying....Golf.....Heart Surgery. You need more than just reading. Even the best in sports have coaches and mentors.Let Alwin Ng take care of you. Sure he directs you to the course material on his site. The course is wildly inexpensive for what you get and he does a first class job of meticulously filling in the blanks that couldn't possibly be covered in the book.Having been a pullback trader for some time now it certainly gave me some immediate and actionable changes I could make to improve my win ratio. Believe me, you'll read a lot of advice from many in other books but what you get in Secrets of Trading the First Pullback is great first step, even if you never take the course, that will take care of you for the rest of your trading life.
Still perfecting my own Pullback method, entry, exits, risk stops etc., if I had this book, I could of saved myself 16 yrs. lost in translation so to speak. luckily I was too poor to lose any money starting out. I read about how new traders without any experience blow up their accts, then spend the next several years learning how the market really works. Just buy this book and save yourself years of guessing and wondering. Pullbacks is in every chart, every market, every time frame. Always money to be made. Thanks!
Very clear, easy to read and professional. Many example illustrating the points made. Suitable for beginner and intermediate. For me, very informative and something I intend to incorporate into my own strategy.5 stars for useful and practical information which is written in step by step fashion.
Excellent review of a pull back trade. One can build a comprehensive trading system from this knowledge by adding additional filters.
If you are looking to learn and improve your trading, this is a helpful book. Pullbacks are part of the structure of price movement and have longed been used by t he best traders to make money. This is a good beginning for you to learn how they do it.
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