Review: Loved this book!!!!
Rating: 5 out of 5
Date: 05 25, 2014
The title of this book grabbed my attention as soon as I saw it.  Being somewhat of a numbers nut, Fibonacci numbers (ratios) have always intrigued me.  To find out that traders used those same ratios as a means to pick successful stocks was amazing.  The author explained how traders used a method called Fibonacci Retracements to discern between true trend reversals and minor fluctuations in the stock prices.  Traders who use Fibonacci Retracements try to figure out if using the ratio will show them things within the market that other methods may not.  What the author tried to do was tell the reader why using this method is valuable.  He explained what swing periods were (low and high) giving final good advice to the novice trader that it doesn't matter why Fibonacci Retracements work and the successful trader should aways be more concerned about whether it DOES work.  Excellent book.