Ended up... well, not a bad book overall. However... it is too simple and basic to me. Principles and theories being discussed are nothing new. As usual, this could due to the facts that there is really nothing new under the sun. As such, I actually found it quite boring even though some of the ideas discussed are right and make sense.
On the flaws....first of all, prediction stuff are presented all over the book. To me, a simple moving average always sound complicated when predictive elements are added in. This is the case in this book. Then, we got this very special technique: Don't trade on Mondays (trade on Thursday instead). Well, predictive stuff obviously not my cup of tea. To predict such a way would be real disastrous in view that I might lose tons of opportunities along the way. To me, every single opportunity is so important since money making opportunity does not presenting itself all the time. To make things worse, the author even suggest trading only on certain season or certain time frame. Again, another predictive stuff... Lastly, I am also quite confused by the idea of teamwork as suggested by the author. To me, trading industry is always unique in a way that individualistic at times seems more appropriate and easier to apply. After all, more voices means more noises too.
Overall, I do recommend this book if any new trader finally realized that buy and hold does not suit his or her character. Like I mentioned above, this is not some a-ha ideas. It is more like a repetition of ideas that were presented in many similar books. With the flaws as mentioned, I am going to rate this book at 2/10. After all, this sort of books are everywhere and there is better alternative if one wanted to explore further in buy high, sell higher stuff.
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