Review: I am elated about S&R
Rating: 5 out of 5
Date: 05 3, 2014
In my little world, it is simply the 'ceiling' and the 'floor'.  Support and Resistance is a very helpful tool traders should utilize. This author, Kenneth, has my vote!  I am big on graphs, being a visual person, and the illustrations are extremely helpful. I enjoyed this eBook and feel confident about having this in my library.  I personally am a fan of Spread and Barriers.  I recently learned more about the Bollinger Bands and knowing that S&R can be used along side of it, SMA's and Fractals made me even more elated! I like that one can utilize many options of trading and investing and spread them out over many different options. Utilizing S&R gives you the same flexibility. I have been looking at adding the Bollinger Band strategy to my arsenal of options, taking S&R and adding it to the other options I am interested in is also amazing. Instead of placing a stop loss to early and yes, you can gain a few extra dollars if it rises a bit, but going up higher (if you have the funds and ability to loose it) assist in extra profits. Patience and discipline is very important in trading. Not to get emotion in trading is important as well. Therefore, observe initially before you get involved, utilizing S&R, with a spread of other options. Apply your breaking and stopping points near the ceiling and floor instead of in the middle and have patience. Then collect even more than you expect. The down side is the unforeseeable events externally with a Trade or Company, etc. The market can be predicable and unpredictable. You can loose more than expected as well. So know your investments!  Good book, I enjoyed it.