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I'm still not clear what the actual commandments are? There is very little on actual trend trading strategies. Ok maybe discussing actual strategies isn't the point, but there is only so much 60 plus chapters can say without much detail.
Almost ever chapter was the same, a defense of momentum trading and a criticism of those who dismiss it. Save yourself the time and money and find the cliff notes and you'll get as much as reading the book.
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Jesse Livermore said he made MOST of his money sitting. That's where the BIG MONEY is!! Letting the trade work. Trading is not a get-rich-quick scheme It's a business!! Approach it like the state lottery and you will always be on the losing end. ALWAYS!! Add this book to your library of books on trading the market. If your looking for the Holy Grail that will bring you riches in the market, stop the search. It don't exist!! If you're willing to put in the work and LEARN this business, then this book is the best place to start to understand the psychology of the market.
7 of 8 people found this review helpful