Customer Reviews for

Trend Commandments: Trading for Exceptional Returns

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  • Posted July 15, 2011

    more from this reviewer

    Covel Hits the Nail on the Head

    Anyone who has read anyof Michael W. Covel's books knows from the outset that this newest book TREND COMMANDMENTS is going to be not only a learning experience but a very supportive tome of advice and reassurance about a subjct few of us understand. Having read 'The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires' this reader jumped at the chance to see what else Covel has up his sleeve.

    Trend Trading may seem like yet another of those big money terms that leaves the bulk of us on the outside. But as presented by Covel it is understandable as a concept and accessible as a means of approaching the money market. By definition, 'Trend following is an investment strategy that tries to take advantage of long-term moves that seem to play out in various markets. The strategy aims to work on the market trend mechanism and take benefit from both sides of the market, enjoying the profits from the ups and downs of the stock or futures markets. Traders who use this approach can use current market price calculation, moving averages and channel breakouts to determine the general direction of the market and to generate trade signals. Traders who employ a trend following strategy do not aim to forecast or predict specific price levels; they simply jump on the trend and ride it.'

    And that is exactly what Covel encourages in this well-written book. He offers insights into the strategies that the big moneymakers use to be true winners 'grounded in real performance results and not squishy opinions.' In these chaotic eonomic times it is comforting to read a book by an informed man who tells it like it is and follows those realities with his own brand of optimism and self-sufficiency. the book reads well, does not bog down with data charts that are page flippers for novices, but steadily stands behind our insecurities and creates positive transformations.

    Grady Harp

    3 out of 3 people found this review helpful.

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  • Anonymous

    Posted January 8, 2013

    Fernash

    Wait.......thats not the real velvetstar! I can tell..............

    0 out of 1 people found this review helpful.

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  • Anonymous

    Posted January 7, 2013

    Seeker

    Cheater!! Why wud u cheat on ur mate?!!!?!

    0 out of 1 people found this review helpful.

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  • Anonymous

    Posted January 7, 2013

    Velvtstr

    Moans

    0 out of 1 people found this review helpful.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted November 17, 2011

    No text was provided for this review.

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