Monday, 31 July 2017

菲波纳奇高级交易法

菲波纳奇(有些称为蜚波纳奇)理论是我多年来一直探讨的课题。因此,这类书籍我读了好多本。但是,从来就没有一本书籍能够真正挖掘菲波纳奇的奥妙之处。或许,这个理论本身就是圣杯的替身。因此,不会有人能够真正掌握它的奥妙之处。

这一本当然也不例外。老实说,和其他菲波纳奇的书籍相比,这一本书不算太差。但是,里头确实就没什么惊喜。本人用尽了所有精力很努力的把这本书啃完。结果是,读完后完全没什么印象。(更别说有任何启发性的知识!)

10分满分,没办法不给予这本书1分。个人很认可作者的用心。但是,这类书籍就是没有什么突破性。来来去去都是一些你我都懂的运用方法。如我以上所说,或许菲波纳奇本身就是这一切的问题根源。因为,这个理论实在是太高深莫测了。。。

Tuesday, 25 July 2017

Kroll on Futures Trading Strategy

An old book...and old book on my shelf long time ago... As I am passing certain milestones in my speculating career, I think time is just right to revisit some of those books that I love or I hate those days. I am eager to know whether I still love or hate these books after several years. Well, to be precise, I want to know whether I improve or simply stagnant after these years...

First of all, this book was one of my favorite those days. In fact, I rated it as high as the other two of my favorite, namely "Reminiscences of Stock Operator" and the recent "Trading Psychology 2.0: From Best Practices to Best Processes". Surprisingly, this book is still one of my favorite even though fancy stuff such as internet, algo, etc coming out for the past few years. So, do i regret spending my time on a real old book? Definitely not!!!

In trading, believe it or not, there is actually nothing new under the sun. This book is a good example to prove that "the more things change, the more they remain the same". After so many years, the contents still applicable and every advice are still relevant. Those days, I enjoy reading this book. Now, I appreciate more especially certain excellent advice seems to fade away each day. This book serves as a good refresher and good reminder on things that I almost forgot. I sincerely thank the author for sharing such an excellent write-up to traders like me.

I tried to extract quotes from this book. At the end, I found that everything were so good that I had problems on making a summary of quotes out of this book. This book certainly would not make a trader rich overnight. However, it helps to at least loss less on the journey of speculating. Having said that, I have no hesitation to rate this book at 10/10. This book deserved my attention and I will definitely reread again in the future.