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Avg. Customer Rating:(based on 51 reviews) Sales Rank: 227712 Category: Book
Author:Josh Lukeman Publisher:McGraw-Hill Studio:McGraw-Hill Manufacturer:McGraw-Hill Label:McGraw-Hill Languages: English (Original Language), English (Unknown), English (Published) Media: Paperback Edition: 1 Number Of Items: 1 Pages: 224 Shipping Weight (lbs): 0.9 Dimensions (in): 8.9 x 6 x 0.9
Product Description "This book will let you see the little-known but effective trading tactics and methods of today's top market makers."--Technical Analysis of Stocks and Commodities
Active traders must get inside the head of the all-important market maker--"The Ax"--before they can begin to truly compete.
The Market Maker's Edge, written by longtime ax Josh Lukeman, is the first inside look at how axes think, what they look for, and, most important, how they can be beat.
The only book you need November 17, 2008 I bought this book for my husband who wanted to learn the art of day-trading. He'd been studying the market for years, but he lacked the insiders' tips that he felt could help him succeed. I was worried that this book might be too basic for him, since he's read several others. It was not.
One of the things he really liked about it was the exercises the book provides. You can practice some of the techniques in retrospect. He found that very helpful.
He now feels ready for day trading. Now if we only had any money...
Excellent Book July 24, 2008 This is by far the best book on trading I have in my collection. Lukeman covers almost everything one woudl need to know about trading. Well written and each chapter has very good information. Enjoy!
Required reading in my opinion. March 23, 2008 This was the 30th book on the markets and trading that I read. I'll admit I quit trading several times. But, I find this book is way better than the books I read years ago because it has specific ideas on how to trade. I loved the section on gaps and the great ideas like what he calls up-hooks and reverse hooks. I believe this book kind of screwed my head on straight for trading. But, I'm still in a period where I wanted to read for several months before I start actively trading again.
I should note however, that I did a weirdly good trade right after reading the book. I believe this was the first time I made an amazing trade. I shorted a stock close to $29 and exited two days later when the stock was around $24. (Actually, I had bought a put option for $0.80 and sold it for $2.15.)
exceptional book...tells things as it is November 23, 2007 As a professional trader and someone who has learned from the school of hard knocks as well as someone who has been trained through On-line Trading Academy (www.tradingacademy.com), I can not speak well enough about how this book broke down trading to it's core essentials. The key in trading is risk management, controlling your emotions and understanding how the market functions (i.e, price action, supply & demand, trends, support & resistance, and all the other basic principles). This book is extremely well written and should be included in every trader's library. I highly recommend it as it will give you great return on your investment.
Best wishes and may all your trades be "green."
THE VERY BEST AND MUST READ FOR NEW TRADERS October 18, 2007 1 out of 1 found this review helpful
I have read this book twice so far, it helped my results more than any other book. This book covers all of Elder's 3 Ms (Mind, Money, and Method) and more with concrete and actionable details. It discussed almost every essential aspect of trading in simple, clear, concise manner. I consider this book the very best in its category (I would rank it higher than Elder's "Trading for a Living" and "Coming into my Trading Room".) My favorite sections are "5-step to position sizing" and "Entry and Exit".
This book is a must read to new traders, and it's a treasure worth many times of its cost.
