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(More customer reviews)Honestly, there are not too many books in the personal investing genre that we'd recommend for serious investment advice. But if you're a serious investor considering a venture into short-term trading (formerly known as day-trading), you'll benefit from the wisdom, mind-boggling detail and dizzying array of charts presented here. Tom Dorsey likens good investment advice to a sports playbook that a coach can follow through the twists and turns of the game. The plays and strategies that they outline will be valuable for novices, but we [...] figure that they will challenge trading veterans as well. You need to do some homework (like following the indices and making charts) to work with this book. Dorsey and crew urge you to learn stock-market basics, govern your emotions, understand the psychology that drives investors and avoid common mistakes, like investing based on trends and hot tips. And, don't mind their sports jargon; it's just a framework to make the uninitiated feel comfortable.
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Invaluable insights and techniques for trading from aconsummate market pro. What accounts for the loyalty and zeal of TomDorsey's book-buying devotees? What traders and investors want is whatDorsey gives them--the tools for making the right decisions--nottheory or an overly complex trading "system." Tom Dorsey's TradingTips draws upon the collective wisdom of Dorsey and hiscolleagues--whose closely followed newsletter and Web site provide adaily education of insights and research to legions of brokers andinvestors. Tom Dorsey receives constant feedback from traders who havebuilt their success with Dorsey's techniques, so he knows that hisstrategies work. Tom Dorsey's Trading Tips includes invaluablecoaching on the general market, point-and-figure charting techniques,options strategies, as well as a portfolio of other valuabletopics. And Dorsey's tips are simple to apply: self-contained, wellchosen, tested strategies that can be confidently mastered because hehas made them crystal clear, and shows his readers exactly when andhow to use them. This book condenses the author's most usefulstock-and-option trading techniques in a highly accessible,conveniently organized playbook format that readers can and willeasily consult again and again.Includes:* Razor-sharp, proven insights on how to make the right trading decisions* Sound advice from the Dorsey Wright & Associates newsletter that brokers depend on * Solid guidance on how to make consistent money in all market conditions* Proven key technical approaches to investment success
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