Rating: - About as Advertised
I agree with the reviewer who said the book could have been condensed. 300 pages is a bit long, and just makes it a little more cumbersome to carry, etc. However, that in and of itself does not make or break the book.

I had subscribed to the Befriend the Trend newsletter and wound up losing money. However, I thought Dr. Carr had a pretty good feel for the market, so I wanted to try the book to see if I could understand the whole trend trading idea.

The book seems like a data dump of all the possible ideas and strategies for trend trading. That is a bit much in my opinion. Too much information for a book focused on teaching people the methods. I think books by folks like Bill O'Neil and Steve Nison are a little simpler and make it easier to understand when you are learning a new trading strategy.

I think this is a good intro book for someone who wants to learn a little about market psychology and a unique trading strategy. Dr. Carr has a lot of relevant ideas, and explains some of the market intricacies well. However, I don't know if I will try trend trading or not.

I hope this made sense. BTTT said they would email me a free trading manual if I left a review so this is it...

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Rating: - This book is a real "stand-out".
I would like to highly recommend "Trend Trading For A Living". I have over 100 books on my shelf on technical analysis and this one is a real "stand-out". From the moment I picked it up and started browsing it, I could tell it was something special. I love the way the book is laid out and the charts are easy to read and understand. Dr. Carr explains all his strategies thoroughly and takes you by the hand until you understand them. He gives you 5 ways to look for "high-probability" Bullish set-ups and 5 corresponding Bearish ones. On top of that, he explains to you how to trade them with options, in order to reduce risk and increase leverage. As if that wasn't enough, there are 2 lists in the book, entitled, "The 10 Habits of Highly Successful Traders" and "Dr. Stoxx's (Dr. Carr's nickname) Rules For Trading Stock Options", both of which are worth the price of admission alone.
If you've been floundering around trying to figure out a good way to make money in day-trading (or swing-trading), this book will help you immensely. I can almost guarantee that once you've finished reading it, you will have a sharper eye for seeking out "high-probabilty" trading situations.

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Rating: - It's good...ideal for creating a watchlist and a trading plan
Positives: Specific set-ups and the formulas to scan for them using stockcharts.com.
How to create a watchlist of trending momentum stocks and finding a potentially low-risk time to enter them.
It's one of the few books that discusses different methods of actually taking profits, which anyone who's tried to trade for a living knows that's far more important than entries.
A discussion of trading options in a very clear and simple manner.

Negatives: No backtesting provided to give the probabilities of success, drawdowns, etc for the set-ups provided.
It could have been better had the author spent a few pages discussing position sizing and money management of one's account instead of the last chapter about his "utopia" world of future trading.
The constant referencing of his website/newsletter gets annoying, but I guess one has the right to advertise in their own book as much as they can.

It's a good book but I can't say if it's worth the $40 since I got it for free...Obviously the biggest factor leading to the success of these set-ups is recognizing the trend and having the discipline to stick with it.

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Rating: - way too vague
this book is 300 + pages, if the margins, type size, line spacing were of normal size the book would be 75 pages. there is no way to cover psychology of trading, trend trading, indicators, options, entries, exits, money management and many more aspects of trading in such a brief book. every chapter was entirely too vague about real life trading. if any novice were to put money in the market by following this book, kiss your hard earned money good bye. try dr. elder's book "trading for a living", read the psychology section first, then if you think you want to trade then reread it again. if you still want to trade finish the book, then read marcel link's superb book "high probability trading" then read "bollinger on bollinger bands" then read daryl guppy's "trend trading", then read j. james wilder's "new concepts in technical trading" so you can learn "adx", then read steve nison's "the candlestick course", then read william o'neil's "how to make money selling stocks short". then read them all again and again until all your highlighted areas are automatic when you look at charts. then find more books to read. i've been reading studying and practicing for 2 years since i first tried trading, thinking i knew what i was doing, only to lose my hard earned money. i've read alot more books than i've listed, those are the best yet. i feel i'm close to being ready to try the market again. "trend trading for a living" wouldn't help, especially after reading the thorough, specific books listed.
john c

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Rating: - Trend Trading for a living is a must have
I am new to trading and having read several books, I find
this one to be the most helpful. It is written in a clear concise manner in which I find easy to understand and actually see the strategies work when applied. I guess one can teach an old dog new tricks! Peggy E.