Comments for The Essentials of Trading

Comment on Trading with Elliott Wave, does it work? by John Smith

John Smith — Sun, 22 Nov 2009 03:46:00 +0000

I’ve studied the Elliott Wave and it is not a get rich scheme. Its use is mainly on the Dow Jones Industrial Average and not individual stocks, they are to narrow and volatile to spot a wave. The Elliott Wave provides a good means of studying the market in hindsight, not in predicting it.

Comment on Most Active Forex Currency Pairs by The Dominant Players in Forex | The Essentials of Trading

The Dominant Players in Forex | The Essentials of Trading — Thu, 19 Nov 2009 15:21:14 +0000

[...] of the $3.2 trillion in daily forex market transaction volume done each day is derivatives (see Most Active Forex Currency Pairs). That’s heavily in swaps. The focal point of that FT article is on the potential impact of [...]

Comment on Book Review: Way of the Turtle by Trading Education is Not Just About Trading Systems | The Essentials of Trading

Trading Education is Not Just About Trading Systems | The Essentials of Trading — Wed, 18 Nov 2009 14:31:54 +0000

[...] sources. For example, the Turtle system employed by Richard Dennis (first book) can be found in Way of the Turtle. Furthermore, many of them trade in a discretionary fashion not readily [...]

Comment on Looking at Volatility Across Markets by Rod

Rod — Tue, 17 Nov 2009 15:58:54 +0000

It’s ironical that those making such accusations end up being “suckers” !

“New traders have a habit of being quite scattershot when it comes to their early development”. Exactly my experience.

Very advisable to “concentrate” on the essentials. Things have changed for the better since I did.

Great stuff on market volatility. Thanks.

Comment on Trader: The Paul Tudor Jones Documentary Video by John

John — Sun, 15 Nov 2009 12:09:54 +0000

Ann – Yes, I found a way to make a copy. The issue is in terms of distributiong without legal infraction.

JP – I have heard of people listing Trader on Ebay. Don’t know what price they may have fetched, however.

Comment on Trader: The Paul Tudor Jones Documentary Video by Ann Woolf

Ann Woolf — Sun, 15 Nov 2009 04:36:47 +0000

Hi, I assume you have by now found a way to copy this video.

I have been doing this for some time now with an Panasonic VHS – DVD Recorder Model #DMR-ES35V with excellent results. Bought it 2nd hand.

Comment on Trader: The Paul Tudor Jones Documentary Video by JP Boileau

JP Boileau — Sun, 15 Nov 2009 02:22:40 +0000

I happened to read this week that some people are willing to pay a good price for “The Trader”. I went though my VHS collections and found the copy I purchased years ago.
I went to Ebay and was unable to find any reference to it.

Any ideas how/where I could get the best price for my copy?

Thanks.

Comment on Looking at Volatility Across Markets by John

John — Sat, 14 Nov 2009 11:18:46 +0000

Peccadilloes – Concentrating is a good idea for anyone in this game. New traders have a habit of being quite scattershot when it comes to their early development. They jump from one thing to the next when they don’t see the immediate results they want. That’s one of the things I tried to address in the way I developed my book. I’ve actually been accused of sucking the fun out of the subject because I dared try to get my readers to approaching things in a structured fashion.

Comment on Looking at Volatility Across Markets by Peccadilloes

Peccadilloes — Sat, 14 Nov 2009 01:58:31 +0000

I thank you for your clarity. We are subject to lots of misinformation by financial service providers who want to steer us to their offerings so they can earn fat fees by preying on our ignorance and fear.
I will recommence learning the essentials of trading with oanda.
I was sidetracked watching J Murphy’s presentation, which I felt was qualitative more than quantitative.
as a 59 year old newbie, I need to pace myself and concentrate only on the essentials as I tire easily.

Comment on Beginner Trading Book by How much money can I make trading? | The Currensee Exchange

How much money can I make trading? | The Currensee Exchange — Fri, 13 Nov 2009 21:11:48 +0000

[...] Forman, Senior Foreign Exchange Analyst for the IFR Markets group of Thomson Reuters and author of The Essentials of Trading. John is a 20+ year veteran of the financial markets. He holds an MBA from the University of [...]