In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames. Written with the serious trader in mind, this reliable resource details a proven approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades–from entry to exit.
Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.
Product Details
ISBN13: 9780470181669
Condition: New
Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed
Video Reviews
No video reviews found for this product.
Customer Reviews
No nonsense advice
Review Date: November 23, 2008
Reviewer: Jackal, Singapore
The author presents four very useful tools for trading stocks, commodities, or currencies. These are: two time-frame momentum indicators, Elliott waves, Fibonacci with price, and Fibonacci with time. You can use these four tools as a discretionary trading system, but the Fibonacci discussion is especially valuable in and of itself. The author has been around 20 years providing trading advice - an indication of some quality.
I appreciate that the author isn't trying to hard sell his software and newsletter. You can apply the ideas in the book without buying anything more from the author! That is an honest touch that is appreciated.
The style of the text can be somewhat annoying at times; it is a bit repetitive and has too many comments about not-so-good advisors out there somewhere. (No need for the author to point this out unless he wants to name the offenders.) It would have been good if the author told the reader how this book compares to his earlier book "Dynamic Trading". My take is that the current book introduces the two time-frame momentum and streamlines the other information on Elliott and Fibonacci, but it would have been useful to get this information from the author. Is the previous book superceded in his mind or does it still have value?
All positive reviewers (13 of them at the time of writing) have only reviewed this book and nothing else. Clearly the author has a fan club. Irrespective, I can really recommend this book.
I have written several short reviews on trading books. The best way is to compare the score on the books I've read. Many reviews on amazon.com are just glorious 5 star reviews. I use all five categories; sorry but everything isn't "great". Books rated 5 are very good. Books rated 4 are good solid books well worth reading. Books rated 3 can be bought by some people who read a lot or have very specific needs. Books rated 1 or 2 I would not recommend buying or reading. Naturally all in my humble opinion.
Insightfully Educational
Review Date: November 14, 2008
Reviewer: NYCTrader, USA
Miner is one of the few trading authors that seem to have some practical, successful trading experience. His book offers a complete trading plan from identifying the high probability trade setups for any market and any time frame right through the exit strategy. High Probability Trading Strategies is not the typical compendium of the old tried and true indicators and Fib retracements but a logical and practical approach to high probability trades with small capital exposure.
His Multiple Time Frame Momentum strategy is brilliant in its simplicity and execution. The Beyond Fib Retracements chapter shows a couple of unique strategies that help you to identify in advance which retracement level should be support or resistance. He also explains in a logical and practical way how to use simple pattern and timing strategies to identify the targets for trend reversal. Miner focuses on exit strategies as much as entry setups for a complete trading plan from entry to exit, just as the title describes.
Especially valuable is the video CD that is included with the book. I've had several trading books that included a CD but most of the CD material did not complement the book, let alone appear to be professionally produced. The 2 hour video CD with High Probability Trading Strategies is a valuable complement to the book material as Miner goes through several trade examples bar-by-bar. I think any trader will be very pleased with what they learn from High Probability Trading Strategies.
High Probability Trading Strategies
Review Date: February 2, 2009
Reviewer: Julio C. Valencia, Florida
On his latest book, Mr. Miner teaches four great strategies that help a trader to improve his or her skills. He follows a non-sense approach, helping the student to develop "high probability trade strategies for any market, any time-frame." The book develops a complete step by step trading plan that begins with defining rules for "dual time-frame momentum setups" using stochastic and relative strength index indicators. The next strategy focuses on pattern recognition for trends and corrections based on Elliot Waves. The third strategy uses Fibonacci's retracements and corrections to project price targets for any trade. The fourth strategy uses Fibonacci's time retracements and corrections to improve the probable outcome of a trade.
Each strategy complements the next one and helps to "identify conditions with a high probability outcome to consider a trade." All four strategies together help to develop a trading plan that includes entry and exit strategies and trade management.
Robert's teaching can be used with almost any trading software. The book's approach to trading (and teaching) is practical and to the point and by following the methodologies explained on the book, a trader could be able to improve his or her trading skills. The book has a video CD with some trade examples that helps to understand the process.
The "High Probability Trading Strategies" book is a book that should be on every trader's library. It is not difficult to read, but the reader must spend time learning and practicing each strategy. It is not the Holy Grail for trading but it would help a trader to find high probability trades that might work. The book complements previous works by Robert Miner.
High Probability Trading Strategies
Review Date: November 15, 2008
Reviewer: F. Powers,
High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets (Wiley Trading)
I have been a commodity trader for twenty years and have used Elliott Wave analysis and Fib retracements for probably ten years. Robert's book is the best description I have ever seen of how to use these tools. You can predict both time and price levels when looking to entries and exits from trades. Remember the old saying, "don't tell me what to buy, tell me when to buy it". If you are interested in seroius trading and are willing to work hard, this book will help you devise a trading plan. Without a plan, trading is at best a frustrating experience, and at worst can be a financial disaster. I wish I had this book ten years ago. It would have saved me a lot of time learning the basics.
Two Thumbs Up!
Review Date: November 27, 2008
Reviewer: Gary W. Bradshaw,
An absolutely excellent book (and video CD) on trading. It covers how a trade is properly structured (setup, trigger & follow-through) step-by-step with no nonsense. The author uses multi-timeframe momentum, patterns (probable position in elliott wave), price (fib-price retracements, extentions & projects), and time (fib-time retracements, projects & cycles) to setup trades. After the setup, two entry strategies are defined along with initial stops to get you into the trade, objectively! Exit strategies and trade management are throughly covered to complete the trade life-cycle. The book even covers position sizing (money management). The icing on the cake is the video CD which details the concepts visually bar-by-bar. This is a very parctical book on trading and the author gets an A+ for a job well done.
If you enjoy BBQ, and want the best that it has to offer, visit Barbecue Party for all the BBQ goodness that you can handle.
You will find a huge selection of the best Barbecue Recipes on the 'net, guides, tips and advice, competition schedules, handy articles, as well as a fully stocked BBQ store.
No video reviews found for this product.
- 
- 
- 
Blog Collector
No nonsense advice