Top positive review
Complete trading system
25 September 2018
Hi ,i have been a consistent net looser trader over last 12 years ,had several account wipe outs ,but have passion for stock market which kept me in this market so long ,but this time i was thinking to give it up finally i come across about this book ,so i thought lets give it try .
I know one thing that people loose money in the market just because of too much noise ,charting systems,small time frames and big inflow of data from all sources like TV,social media they create so much noise .Any retail trader fooled by this much randomness and end up blowing the account .
So here comes book Trading the market point and figure way by MR Prashant shah.
As we know that there is just 2% elite winner club in f&o segment in world ,out of that 1 % is the discretionary trader who are born with that gut and nerve ,but another one 1% are made and they are called system trader who are also highly successful because of objectivity in nature , high level of discipline ,consistency and patience .
The book has following quality
1.To the point and focusing on the subject.
2.No story telling how he lost or won the certain amount
3.He does not advocate any particular pattern or system ,he has left it for the reader so he can choose for himself and master it over time .just one pattern is sufficient to make money consistently .
4.Book is in plain English ,very easy to understand .I have collection of more than 50 books ,most of them are foreign author ,so half of content just can not understand because of the tough English .With due respect ,Indian authors but not came across who has original work written ,most of them are just copy cat or quick rich promise content.
5.He has clearly described the entry ,exit ,stop loss ,so trader can be as objective as possible .If trader remain objective in his approach all the psychological issues will be taken care it self ,like fear ,greed.
6.All the are real charts of Indian market and of recent times .
7.Several high probability set ups described thoroughly .
8.Several back tested systems with high expectancy,high frequency are provided with results so trader can choose as per his personality, time and fund availability and what suits him the best .So it can decrease any new trader learning curve by several years .
9.All the chapters are having summary so one can memories it and move it further .
I have one suggestion please make the book color printed ,even 5000 rupees will pay happily.
like the trading for living by DR Elder ,that book was black and white in previous additions but now its in color printed ,because this TRADING MARKET THE POINT AND FIGURE WAY is going to replace my trading bible reminiscence of stock operator in my book shelf .