How to Take Money from the Markets: Creating Profitable Strategies plus Six Ready-to-Use Systems
Foreword by Chuck LeBeau<p.>With How to Take Money From the Markets: Creating Profitable Strategies plus Six Ready-to-Use Systems, Steve Palmquist has written a highly informative and easy to read book that makes its critical point in the early part of the preface: ''Most trading tools work in some market conditions and do not perform well in others.''The six trading systems that Steve shares in this book are all very logical, well researched, and the test data suggest that they might actually work. However, Steve goes an important step further than most authors and carefully describes the market conditions that are necessary for the systems to perform their best. Steve uses his knowledge and experience to avoid the common trap of proposing systems that supposedly work all the time. Each of Steve's systems has its place and the reader is carefully instructed as to when each system should be applied or avoided.I hope that other authors will follow Steve's example and pay more attention to fitting systems to particular market conditions. I believe that thoroughly understanding a system and knowing when it will work best can be the difference between success and failure. Steve has written a wonderful book that was obviously intended to help the reader succeed.--Chuck LeBeau''Palmquist does an excellent job of meticulously validating six trading methods. He thoroughly backs his research with historical and statistical data to stress the importance of context and market conditions. This book gives the trader a real look at the components under the 'hood' and helps the traders to understand how and when to apply the methods to achieve the most optimum results. Very well done!'' --Jea Yu, UndergroundTrader.com