Big Trends in Trading: Strategies to Master Major Market Moves (A Marketplace Book) 
asked by ivan on November 12, 2006 11:24 AM
Arms traders and sophisticated individual investors with the tools they need to play the markets successfully
Many traders believe that they must perform at least one trade every day, no matter what. However, as expert Price Headley clearly demonstrates in this groundbreaking book, not only is that assumption false, it can also be dangerous. He shows why focusing too narrowly on the daily ebb and flow of the markets minimizes a trader's chances for the big returns. He explains why maximum results are achieved by identifying the big market trends and riding them for all their worth. Headley explores the major market indicators-including the popular CBOE Volatility Index, Nasdaq 100, Rydex Mutual Fund Flows, and Equity Put/Call Ratio-and shows readers how to use them to identify the stocks that are about to take off. Emphasizing the aggressive use of options, he also empowers investors with stock selection techniques and options strategies that work in virtually every type of market.
Many traders believe that they must perform at least one trade every day, no matter what. However, as expert Price Headley clearly demonstrates in this groundbreaking book, not only is that assumption false, it can also be dangerous. He shows why focusing too narrowly on the daily ebb and flow of the markets minimizes a trader's chances for the big returns. He explains why maximum results are achieved by identifying the big market trends and riding them for all their worth. Headley explores the major market indicators-including the popular CBOE Volatility Index, Nasdaq 100, Rydex Mutual Fund Flows, and Equity Put/Call Ratio-and shows readers how to use them to identify the stocks that are about to take off. Emphasizing the aggressive use of options, he also empowers investors with stock selection techniques and options strategies that work in virtually every type of market.
Reviews
I haven't had any experience personally with the Bigtrends advisory services, but I can say that this book was worth my time to read. It's a bit heavy for me at first on all the systems used, but I found the final chapter on the psychology and money management alone to be well worth the cost of the book. That's where I always seem to lose my money in the market, by getting too high or too low (at the wrong times, of course!). It appears that his systems are designed to profit from these emotional fear and greed panics of the rest of the crowd.
Clearly this is not a book for beginners, but since I had already gotten my feet wet in trading over the last couple of years, I definitely have some ideas I look forward to applying from this book. The Acceleration Bands indicator (appears different than Bollinger bands) looks very promising to me, and I may also now try my hand at options (on a small scale at first)!
Clearly this is not a book for beginners, but since I had already gotten my feet wet in trading over the last couple of years, I definitely have some ideas I look forward to applying from this book. The Acceleration Bands indicator (appears different than Bollinger bands) looks very promising to me, and I may also now try my hand at options (on a small scale at first)!
reviewed by pauls on November 25, 2006 1:09 AM
After reading this book you might go check out their website and you'll see that they offer a few advisory services. Don't be fooled by the track records they email you, I lost thousands of dollars being SUCKERED into a non-refundable yearly membership fee to one of their services only to lose a lot more following their advisory emails. I quit following their stock pick recommendations about 3 months into the service with 9 more months left and watched their picks for almost a year. THEY DID SO HORRIBLE, I WOULD LITERALY DO BETTER PICKING STOCKS OUT OF A HAT, not to mention the horrible customer service. They did not respond my emails when I had questions or concerns about what is going on with these recommendations.
reviewed by rafit on November 29, 2006 8:51 AM
i bot the book and later subscribed to its Bigtrends newsltter service and i had the worst experience ever in my whole trading career. I wrote to them several times for problems i had in its service and i received no replies. They charged me upfront for thousands of dollars and no refund despite cancellations after two weeks.
This is one newsletter that i would not recommend...trust me ! there is no customer service at all !!
This is one newsletter that i would not recommend...trust me ! there is no customer service at all !!
reviewed by vcedwards on November 29, 2006 1:57 PM
