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80 page trading book for $1000.00, Worth it?
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80 page trading book for $1000.00, Worth it?

  #11 (permalink)
Market Wizard
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Fat Tails View Post
There are some classics that sell at higher prices, even if they are used. This book was published in 1990 and is no longer available as a printed copy.

Day Trading With Short Term Price Patterns and Opening Range Breakout: Toby Crabel: 9780934380171: Amazon.com: Books

Worth reading, but I would not pay $ 625 for a used copy. I think Crabel does not wish to produce a second edition of this book for several reasons

-> some of the information in that book is really useful
-> the subject is not really well presented

But the book remains a must read for every (automated) system trader, although it is over 20 years old.


People should keep in mind that for many of these ridiculously priced books, the local library is a great option. I was able to borrow the Crable book from a local university.

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  #12 (permalink)
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I saw this site blog about "the world’s most prominent writer & speaker about trend following.", Michael Covel, (has anyone heard of him?) commenting about the "Toby Crabel’s Day Trading With Short Term Price Patterns and Opening Range Breakout" book with other posted comments and reviews.

Toby Crabel's Day Trading With Short Term Price Patterns and Opening Range Breakout | The Trend Following Blog of Author Michael Covel

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  #13 (permalink)
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Michael Covel is a former member of the turtles trading group...He has a podcast and a good friend and mentor, Nick Radge was interviewed by him a while ago...

Most systematic traders would have heard of Covel. While his comments are a little surprising at their acidity, i can understand why he's pissed...he is published as well.

Cheers,


XS


Last edited by xiaosi; October 15th, 2013 at 01:10 AM.
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  #14 (permalink)
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...i don´t even have the time to read such overpriced books, because since i`ve entered here on futures.io (formerly BMT), i´m still reading and watching, reading and watching, reading and watching....

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  #15 (permalink)
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xiaosi View Post
Michael Covel is a former member of the turtles trading group......
...

XS

no he is not but he has a book about them, here is list of students
Trend Following Family Tree: Richard Dennis, Ed Seykota and Richard Donchian Students | Original Turtle Trading Rules and Stories from TurtleTrader® and Michael Covel

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Well there ya go, thanks for pointing that out.

XS

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