Soultrader

After receiving this book from Suri Duddella himself (author), I must say I was highly impressed. Previously reading two volumes of Bulkowski's, Encyclopedia of Chart Patterns, I was quite stunned to learn various chart patterns I was never exposed to. Suri's book contains over 65 chart patterns, most of which was new to me. For a purely technical based trader relying on pattern recognition, this book is a gold mine. Packed with illustrated charts, Suri goes into depth on entries and exit points as well. From NR7 breakouts, Globex pivots, channels, M & W patterns, etc... Trade Chart Patterns Like The Pros explains things easily even for the novice trader. There are alot of technical analysis books out there on the market but this book was perhaps one of the easiest to understand. I recall reading Technical Analysis of Stock Trends by Edwards and Magee my first month entering the trading world and it was quite overwhelming. I personally am not a chart pattern based trader but many intraday traders I come across here in TL have done an amazing job trading intraday technical patterns. I highly recommend this book for both the seasoned and novice trader to expand your knowledge of technical price patterns. A few examples of patterns explained in the book: 1. Three Hills and a Mountain Pattern 2. Bearish and Bullish Bat Pattern 3. Fractal Pattern (interesting reversal pattern) 4. Various Channels (rectangle, donchian) 5. Symmetry Patterns 6. 3 Bar Patterns (MSL and MSH)

Included in this 2 volume collection are 24 classic stock speculation books from 1880-1938 in chronological order. The titles in Volume 1 are: 1. Speculation as a Fine Art and Thoughts on Life - 1880 2. Duncan on Investment and Speculation - 1895 3. The Game in Wall Street - 1898 4. The ABC of Stock Speculation - 1903 5. Wall Street Speculation - 1904 6. The Pitfalls of Speculation - 1906 7. Studies in Tape Reading - 1910 8. Psychology of the Stock Market - 1912 9. One-Way Pockets - 1917 10. Tidal Swings of the Stock Market - 1918 11. How I Trade and Invest in Stocks and Bonds - 1922 12. The Stock Market Barometer - 1922 The titles in Volume 2 are: 1. Common Stocks as Long-Term Investments - 1923 2. The Facts about Speculation - 1923 3. Studies in Stock Speculation - Vol. II - 1926 4. The Psychology of Stock Speculation - 1926 5. Proper Time to Buy Securities for Big Profits - 1926 6. Detecting Buying and Selling Points - 1926 7. Stock Market Quotations - 1926 8. If You Must Speculate, Learn the Rules - 1930 9. Why You Win or Lose - 1930 10. Tape Reading & Market Tactics - 1931 11. Stock Market Technique #2 - 1934 12. Commonsense Speculation - 1938

Charting The Stock Market: The Wyckoff Method, takes a modern look at a seminal way to use technical analysis: the Wyckoff method. Charting The Stock Market presents and explains how to use the Wyckoff method for investing and trading in stocks, bonds, and commodities. This method was first documented by Richard D. Wyckoff (a trader and market forecaster who started in the business in 1888 as a 15-year-old stock runner) and published in the 1930s. Charting The Stock Market applies these classic and time-honored principles to today's market. Back to the basics: The Wyckoff method principally uses price charting and volume studies as a means of analyzing and forecasting the stock market. It incorporates a common-sense approach to trading that emphasizes study, practice and risk limitation. It also takes into account investor psychology and provides insight into how and why professional traders buy and sell issues. Charting The Stock Market takes the reader step by step through the Wyckoff method: first, the basic principles; second, examples of the method applied to the bond market; and third, an outline of steps to put the method to use. Details of the Wyckoff method covered in this book include: * point and figure charting * trends * price and volume studies on vertical charts * stop orders * forecasting * wave charts & intraday * group stock behavior * stock selection criteria, and much more ...

The Wall Street Jungle explains the corrupt practices of the specialist system. Ney talks about how specialists control prices and how the law of supply and demand is misleading under a specialist system. A stock will simply rise because a specialist has inventory objectives and will drop the price once inventory of his own and his friends are distributed and short positions are initiated. Richard Ney goes into depth through case studies, investigation reports, interviews of specialists, etc... to illustrate his point. "A stock is only worth what the specialist is willing to pay for it." "The money stolen from many is divided among a few." "There is only this difference between the New York Stock Exchange and a dictatorship - the dictator confiscates your money outright while the Stock Exchange conditions you to think you made a bad investment." A very interesting read and worth checking out.

One of the best tape reading books available. For any trader new to tape reading, this is a must read. Covers the teachings of Wyckoff and Neill. The author shows various setups combining price and tape with the final section dedicated to charts. Alot of good information covered in this book from volume & price analysis, tape, trader pscyhology, etc... Tape reading and volume analysis are pure information. Master these techniques and you will always be one step ahead of the crowd. A must have for your trading library.

Ok good to know. Thanks for the notice Jason.

Hello, Is anyone still experiencing this issue? We made some fixes and I am unable to replicate this anymore. Please let me know. Thanks.

I ordered this book some time ago reading DB's review. I received it in my mail recently... an old used copy from Amazon, formerly placed in a library somewhere. There was a note in the front inner cover dated December 8, 1958. Here is the note: "Miss Kendy felt you might be interested to see "The General Semantics of Wall Street." I hope you enjoy this volume and that you find it worthy of a place on your bookshelves. Cordially, John Magee Yes, I accidentally ordered and received an autographed copy by John Magee himself over 50 years old. A pleasant surprise.

Interesting... I was not aware of that. I guess what you could do is setup a LLC for a few hundred dollars and then subscribe to CQG as a professional?

Email websupt@cqg.com with all your questions. They will get back to you asap.

300Extra is like $1300 per month I think. This package includes market data as well. However, EBS datafeed is only available to insitutional clients. If you want EBS datafeed for yourself, try CQG for example. Around $700/month plus exchange fees and EBS is available to anyone.

Hi, It appears to be a bug within the forum system. Ill need to wait until the developers provide a fix for this. Will keep you guys updated. Thanks.

Hi jasont, Could you kindly forward a sample duplicate to support@traderslaboratory.com? I would like to take a look to see what the issue is. Thank you. James

Hi, We have enabled a feature to connect TradersLaboratory members with their LinkedIn profiles if you have one already. Simply visit "Edit Your Details" and fill in the last portion of your LinkedIn url: Details will appear in your profile box:

Hi Stormy, you are right about doing your own analysis and research. It appears that you are still getting your feet wet in this game and hungry for knowledge. No need to rush... learn this game at your own pace as it is your hard earned money you will be risking. Learn the technicals and fundamentals of the companies you want to follow. Go visit their stores (if they have one), become familiar with the product and services they provide. Now, from your analysis and observation does the comments and recommendations provided by the analysts make any sense? Does it confirm your analysis? Study it and then track it. Its the only way to know for sure if you are on to something. Analysts analyze and do not trade. So there is no pressure for them to be right or wrong.. there still going to get a pay check every month. When the time comes when you can make a trade without an analyst recommendation or a third party opinion, you are one step closer to becoming a profficient trader/investor. There are some good educational websites out there that will help you on your journey as a trader. Just dont ever think you found the holy grail written somewhere in a website or a book. The odds are that everyone else has already seen it and is probably a losing strategy. The holy grail is YOU. Hope this helps.

This is a free chat room accessible through the "Chat" link in the top navigation link. Thanks.

Thanks for the notice Hlm. It appears to cut off at 500 characters or so no matter what limit I place. Im looking into this problem now.

Thanks for the input darthtrader. Youre right about this.... most softwares are limited in different ways due the the lack of resources and support each firm can provide. A free open source version definitely has the potential. I currently do not know enough about open source software laws but will look into this. I am only concerned about protecting TL in case something goes wrong like a trader losing $$$$$ due to software issues and who is the one to blame? I guess this can be overcome by a simple digital agreement for software usage?

Quite interesting darthtrader. I would be impressed if you can pull this off but want to make sure there is a disclaimer for such products using Traders Labortory as a name since there is no way for me to support it. Nor do I want any problems arising from order related problems that can cause traders to lose money. Its quite a task you are trying to move forward with but let me know if you need any help.

TSE is replacing their options systems with LIFFE's system in July of 2009. TFX stands for Tokyo Financial Exchange. Another "why are you still in business" exchange with basically only one product, Euroyen futures, that kept them alive till recently. Launching the Exchange Forex Margin Contracts (also called Click365 in Japan) did go on to becoming a hit amongst the retail crowd. The mini-Nikkei cash version from what I here will track the Nikkei Cash Index and not the futures. So basically a mini Nikkei ETF I think. Once I find out more info Ill let you know.

Yea I heard this from the OSE guys last year. Not sure exactly what the deal is but I during the FIA here in Tokyo I attended a conference discussing the future of exchanges. Compared to the growth of the rest of the world, Japanese exchanges are not progressing at all. Regulations differ from many other exchanges as well as the exchange systems are outdated. TOCOM takes 3 secs of latency to get a fill. Thats how bad it is. This alliance might be for OSE to use Nasdaq's system for options. I did hear info that OSE was planning on launching options. Also TFX is going to launch a mini Nikkei cash version sometime in 2009.

Could you try again? I have made some changes and seems to be working. Sorry about this. Thanks.

Yes, I see this issue now. Ill have this fixed asap.

Hi Shortski, Can you try the attachment function again? Im not having any issues on my end. Thanks.

Ill just pull up the logs whenever chat room members request them. It wont be on public display so no worries. It will be useful for any chat webinar sessions as well so I can archive them.