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Trade What You See: How To Profit from Pattern Recognition (Wiley Trading)
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Trade What You See: How To Profit from Pattern Recognition (Wiley Trading)

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"…should prove valuable to those already practicing technical analysis and who want to take their trading to the next level." (Investors Chronicle,  Friday 28th March 2008)

 
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Product Details
Author:Larry Pesavento
Hardcover:224 pages
Publisher:Wiley
Publication Date:November 02, 2007
ISBN:047010676X
Package Length:10.16 inches
Package Width:7.17 inches
Package Height:0.87 inches
Package Weight:1.23 pounds
Average Customer Rating: based on 11 reviews

Customer Reviews
Average Customer Review:4.5
Write an online review and share your thoughts with other customers.

3 of 4 found the following review helpful:

3Good Book but Pasavento is known for better  May 31, 2008
Great Book on simple TA... It was not what I expected but a cool book..

2 of 5 found the following review helpful:

5This book is fantastic  May 07, 2008
I am new to the world of trading, and I have already read many books, seen seminars, etc.

Out of everything I have read, this book is not only the most practical and objective, but it also includes many poignant examples of both successful and failed trades. The patterns in this book are consistent and all build from Fibonacci ratios as well as the classic AB=CD pattern.

I cannot recommend this book enough. Out of every trading book I have, this is my favorite. It is well worth the money.

One note: it does take a little time to break into at first. I don't know that the opening of the book eases the reader into it, but if you get frustrated just skim the Fibonacci parts and go into the AB=CD pattern. It gets clearer from there.

One of my favorite books!!

6 of 6 found the following review helpful:

3...If You Can See It  May 02, 2008
Respect to the author, but a lot of this material can be found on the internet already, such as the AB=CD and Gartley patterns. For a book about visual pattern recognitions, the b/w blurry charts were a disappointment. Authors take note, shell extra for some color and larger charts will convey more than words, it would become a bestseller fast. Still, I've timed some profitable options trades using the geometric patterns.
A Pesavento must have book is Astro Cycles...if you are ready for it



0 of 3 found the following review helpful:

4Good for Fiboinacci aplications however few patterns used as Recognition Trading  Apr 30, 2008
Should be used by Advanced Traders...Also if you like to use triangules and Fibonnacci as tolls for trading decisions.

5 of 8 found the following review helpful:

5One of the Easiest Technical Trading Books  Mar 21, 2008
This book is one of the easiest reading technical analysis books I've read. The book lays out a fairly simple mechanical system which can be implemented immediately to improve one's bottom line. I've been using the patterns and techniques in this book for a little over a month and it has helped me more than just about any other book out there. I now have a specific plan of action and rules to follow when I enter the market every day.

I would say that the only area lacking in the book is the mental side of the equation. But this isn't a book on the psychology of trading. The psychology of trading is far too important to be covered in a chapter in a book on technical pattern recognition. Those looking for guidance on the psychological side of trading would do well to read books by Dr. Brett Steenbarger, and the first half of Trading Chaos by Dr. Bill Williams.

I would say that reading the first half of Trading Chaos and then Trade What You See could be a real recipe for success for a lot of traders. Every trader has a different perspective and style, and every trader needs to find their own style. These two books fit my style best and I think they could help others as well.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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