Review: A Must Read For Any Trader
Rating: 5 out of 5
Date: 04 16, 2014
Range trading sounds simple but it is actually very complex. It’s a simple idea buying low and selling high however there is much to learn that is why I wanted to read this book since a friend of mine and read it and raved about it. Range trading is about practice, being familiar with daily trends and finding the opportunities, being confident, setting limits. After reading this book I realized that range trading is definitely the area I want to further my learning with because unlike day trading you won’t be glued to your computer as you will have more time and freedom to do as you please because of the trading parameters you set. This book really breaks down on how to find optimal trading opportunities but also is realistic that you aren’t going to win them all but with a strong knowledge and practice it is possible to win more than you lose. I’m really glad the book mentioned some actual tools to use such as the Stochastic Oscillator and pinpointed on these charts the area of relevance.  If you want to learn more about a style of trading that is a little more flexible than Day Trading you should really read this one as it is well written for the everyday person and made me feel  confident from the start with this style of trading.