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Top reviews from other countries
Anil K.
Once in a life time
Reviewed in India on 7 May 2023Verified Purchase
Amazon Customer
DYODD
Reviewed in the United States on 18 November 2020Verified Purchase
Luiz Fernando Castilho
Não entrega o que propõe.
Reviewed in Brazil on 12 July 2020Verified Purchase
Luiz Fernando Castilho
Reviewed in Brazil on 12 July 2020
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Sunny S
Knowledge and Experience shared by someone who has a lot of it
Reviewed in the United Kingdom on 30 September 2019Verified Purchase
Sunny S
Reviewed in the United Kingdom on 30 September 2019
It is important to state, this book does not provide you with exact rules saying you must buy here, sell here, place a stop here and diversify across these specific markets, and so on. So, please do not think you are buying a set of exact "Rules" in a list format. Fortunately, these tactics are not shared with us as the majority of us would not stick to it or understand its purpose.
It is even more important to know the strategies Mr. Hite uses and continues to use are shared with us. Following the trend, cutting losses, diversify to reduce risk and catch trends are shared with examples. This gives us the ability to design a system which we will stick to and can be profitable. As long as we use the mentioned fundamental "Rules". My own backtesting as shown this to be true.
There is plenty of information provided in this book which personally gives me more ideas to test and improve my own systems. It also provides ideas which I never even considered. "Thank you for sharing your knowledge and experience".
The book tells us how Mr. Hite applied trend following strategies not just in the market but in life. Can you really be a trend follower in the markets but not in your personal life? Will there be a greater chance of internal conflict which may break your rules if you are not?
The additional advantage of reading this book is that it fills in the gap to Mr. Hites interviews in Market Wizards, also, the information provided by Alex Greyserman in Trend Following with Managed Futures and Mr. Covel series of books such as Trend Following and Trend Commandments, and many other books. This was really helpful to me as I had a lot of questions I felt on Mr. Hite could answer. This book has answered a lot of those questions.
I would rate this book amongst Edwin Lefevre - Reminiscences Of A Stock Operator, Nicolas Darvas - How I Made $2,000,000 In The Stock Market, Michael W. Covel - Trend Following, and Jack D. Schwager - Market Wizards.
I would highly recommend this book to anyone beginning or experienced in trading.
Thank you Mr. Hite. The book was well written and very clear.
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Anindya Biswas
Larry Hite is an inspiration.
Reviewed in India on 28 November 2021Verified Purchase
