"Candlestick and Pivot Point Trading Triggers" by John L. Person is a valuable and informative resource for traders looking to utilize candlestick chart patterns and pivot point analysis in their decision-making process. The book offers a comprehensive overview of these techniques, delving into their historical significance while also explaining how they can be applied in modern-day trading.
One of the standout features of this book is the author's ability to break down complex concepts into clear and concise explanations. Person takes the time to explain each candlestick pattern and pivot point strategy in detail, providing real-world examples that help traders understand their significance. This approach makes the book accessible to beginners while also offering more advanced techniques for experienced traders.
Another noteworthy aspect of "Candlestick and Pivot Point Trading Triggers" is the emphasis on risk management. Person highlights the importance of implementing stop-loss orders and monitoring risk levels to ensure successful trading. The book provides practical advice on how to effectively manage risk, adding further value for traders.
Available on Audible
The companion website that accompanies the book is another asset for traders. It offers useful tools and software to aid in identifying chart patterns and calculating pivot points, saving time and improving accuracy. The website also provides updates and additional content, enabling readers to stay up to date with the latest developments in the trading world.
Overall, "Candlestick and Pivot Point Trading Triggers" is a comprehensive guide that covers the essential aspects of using candlestick chart patterns and pivot point analysis in trading. The author's clear explanations, real-world examples, and practical advice make it suitable for both beginners and experienced traders. The companion website further enhances the book's value by providing additional resources and tools. Whether you are new to trading or looking to enhance your existing skills, this book is a valuable resource to add to your collection.
What are readers saying?
John L. Person's book, "Candlestick and Pivot Point Trading Triggers," has received a mix of reviews from readers. While some reviewers appreciate the comprehensive content of the book and praise the author's ability to explain complex trading concepts clearly and concisely, others feel that the book lacks depth and practical guidance. They believe that the author could have provided more in-depth analysis and guidance on implementing the trading strategies effectively. Some readers also find the book overly technical and requiring a solid understanding of trading terminology.
One common criticism of the book is the lack of updated information and examples. Some reviewers feel that the content is outdated and suggest that the author could have incorporated more recent trading scenarios. They recommend supplementing the book with other resources to stay current in the fast-paced financial markets.
However, despite these mixed reviews, most readers agree that "Candlestick and Pivot Point Trading Triggers" is a valuable resource for expanding one's knowledge of technical analysis and trading strategies. They appreciate the author's expertise and the book's practical approach, which helps them understand market trends and improve their trading skills.
Overall, the book is seen as a useful guide for traders looking to enhance their understanding of candlestick patterns and pivot point trading strategies. It is acknowledged that additional supplementation may be needed to stay up-to-date with the ever-changing dynamics of the market. Despite its limitations, the book serves as a valuable tool for traders seeking to expand their knowledge and improve their trading abilities.