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Books : Trend Following: How Great Traders Make Millions in Up or Down Markets, New Expanded Edition, (Paperback)

Books : Trend Following: How Great Traders Make Millions in Up or Down Markets, New Expanded Edition, (Paperback)

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Rating: 4 out of 5 stars - Fantastic evidence
This second edition not only has good bones but there is plenty of meat. If you are serious about increasing your wealth in a consistent manner over the long term in a rather mundane fashion, then buy, read and implement this book! After a six year hiatus, my passion for trading has been reignited. Excellent charts and data back up his claims.



Rating: 1 out of 5 stars - Title is Misleading
This book's sub-title say, "How Great Traders Make Money in Up or Down Markets."

The content of this book falls far from delivering its promise. The cover of this book promises that it will show you how to apply trend following techniques to your trading. "Covel walks you through the process, one step at a time, in plain English." He certainly does no such thing.

If you are looking for a trend-following system, you will not find it in this book; nor will you find any help or guidance in how to go about developing your own trend following system.

As someone who trades for a living, I found nothing between the covers of this book applicable to improving real-world trading results.



Rating: 5 out of 5 stars - TOP FIVE TRADING BOOKS EVER WRITTEN
This is one of the best trading books I've ever read. I have an extensive library and this will go down as a classic. Don't trade without reading this gem...



Rating: 2 out of 5 stars - A lot of hype, but not enough useful material
I really believe in trend following - I use this strategy. I bought this book with an expectation of gaining more knowledge about the strategy. After I read it, I can honestly say that it gave me nothing but an overview of the greatest trend followers. Actually, I should have known that before hand, since the title of the book is "How Great Traders Make....", it does not say "How YOU can make...".
So, if you are looking for "trend following" know-how, you will not get it from this book. You can learn a lot more by reading the "trending" tutorial on the clearstation.



Rating: 4 out of 5 stars - Trading on my level
This book is written in a very easy to understand way. My only criticism is there is too much space in the book devoted to success stories and not enough teaching strategies.


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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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