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Review title: Waste of Time
Product review: I have been trading stocks and options for some time now. I found this book to be relatively boring and also a little mis-informative. The book provides a "Master Plan", however as a trader who has worked with sound trading plans, I found this one to be a little inadequate. Aside from format, it does not differentiate between a $5 move for a $12 or a $120 stock. There is insufficient information on signal identification as well as strike rate. This makes it potentially dangerous for new traders. Anyone using this system should thoroughly backtest before putting any real money on the line, to make sure you understand it.You can always learn something from every book, and this one is no exception. However I did not find that my knowledge of swing trading was increased through a simplified presentation of the process. As with many books that offer to enlighten you, the amount of enlightenment is often less than you would like.
