This book is a collection of the writings of 50 of the world's top experts in trading. The experts are drawn from different trading markets such as stocks, commodities, derivatives and currencies. Each expert lists just 10 simply set out rules that he has formulated from his experience in his line of trading, and offers very brief comments on the rationale for each rule. When the 50 gurus are through, you have a functional, readable 180-page book, offering 500 rules covering all segments of trading markets.
It is an interesting format and offers the reader a smorgasbord of trading tips. You don't have to wade through large tomes written by each of the experts. In that sense, the book is, as the editors claim, an antidote to oversupply of tomes on investment, trading and stock-picking. It does not matter to the reader that the book is admittedly not designed to be the last word on the subjects it addresses (is any book ever?), nor that it is not meant to be read from cover to cover in one go. It is not meant to be all things to all people and it is not expected that any reader would have use for all the prescriptions. Contributors to the book include famous names like John Murphy, Larry Williams, Marc Faber, Alan Farley and Lawrence McMillan. |
