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Title: Good Trading Setups
Review: This book contains a few types of trading setups. Some seem to be renamed candlestick patters and some are just plain good old setups for buying momentum stocks. We have purchased the software and at times reviewed the results in a somewhat limited manner. Our overall feel for this style of trading is that it could work with proper money management and proper filtering. In fact it has to work with proper filtering in an up market because experience tells us that trends experience pull backs and this books contains setups that will get you in to potentially large moves. Perhaps a filter looking for accumulation in the NASDAQ 100 or the S&P 500 would bring solid returns. One caveat, in general, the downside setups seem to have you selling right into the area where professionals love to stuff shorts. Really back test your sell setups. A good book for a person trying to figure out what professionals are thinking.
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