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Books : Mastering the Trade (McGraw-Hill Trader's Edge)

Books : Mastering the Trade (McGraw-Hill Trader's Edge)

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Rating: 5 out of 5 stars - A Must Have for All Traders
This book is a must for day traders. Carter's set-ups for buys and sells are amazing. Since reading and studing his methods I have almost doubled my daily revenue and looking at 6 figures this year.

If you only read one book (and I have read many) this simple to understand and well documented text will serve you for the rest of your career in the market.



Rating: 5 out of 5 stars - Required in my opinion but the setups themselves don't seem great
I read John Carter's book "Mastering the Trade" from cover to cover. There is a tremendous amount of detail in his book. And plenty of it is very useful or even necessary to know if you want to trade full time in my opinion. As a matter of fact, I think after reading a bunch of books on trading, that one book singled out some weaknesses I had in my trading I was finally able to identify. I believe the book gives you a good frame of mind with which to look at the markets. However, I tried to quickly find some of the trade setups described in his book and found at least from a rapid, superficial look, that his trade setups don`t seem to be that promising. But, the book gave me a good idea how some technical indicators work. His ideas combined with ideas from Oliver Velez, Alan Farley, Josh Lukeman and Dave Landry (to name a few) make a powerful combination.



Rating: 4 out of 5 stars - its a grate book, for new traders
i have been trading for 2yrs, so im a new trader, this books helps alot, and it convince me to switch from stoks to futers, its toold really help2. i loved the ttmsqueeze. i also found tradestation a grate trader platform, your going to love using the simulator.



Rating: 5 out of 5 stars - A Must read if you are a serious trader
Excellent book. Chapters 2 needs to be studied by anyone who expects to trade profitably. Definitely top 10 must own trading book.



Rating: 3 out of 5 stars - Read with caution
I found the pivot method works, gap play works sometimes, but the so called 3:52 method never works for me. I doubt some methods in the book still work in 2008.


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Disclaimer: Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

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