Trend Following: Learn to Make Millions in Up or Down Markets

( 1 )

Overview

Today, you need trend following more than ever. Read this bestselling book, and put it to work for you!

  • Real proof, real data, real results
    Includes over a decade of detailed performance charts
  • All the Information You Need...in One ...
See more details below
Paperback (Updated Edition)
$24.42
BN.com price
(Save 33%)$36.99 List Price

Pick Up In Store

Reserve and pick up in 60 minutes at your local store

Other sellers (Paperback)
  • All (18) from $11.95   
  • New (12) from $21.41   
  • Used (6) from $11.95   
Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets,

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK
  • NOOK HD/HD+ Tablet
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac

Want a NOOK? Explore Now

NOOK Book (eBook)
$21.49
BN.com price
(Save 41%)$36.99 List Price

Overview

Today, you need trend following more than ever. Read this bestselling book, and put it to work for you!

  • Real proof, real data, real results
    Includes over a decade of detailed performance charts
  • All the Information You Need...in One Number
    Why the market price still tells you all you need to know to trade--and always will--in both bull and bear markets
  • Pinpointing Targets of Opportunity
    What to trade, when to trade, and how much to trade
  • Meet Today's Leading Trend Followers
    Extraordinary trader profiles, from David Harding to John W. Henry to Ed Seykota
Read More Show Less

Editorial Reviews

From the Publisher

“Michael Covel’s Trend Following: Essential.”

--Ed Seykota, trend follower for 35 years and original Market Wizard

"For my staff, Michael Covel's Trend Following is required reading."

Larry Hite CEO, ISAM,

Originally profiled in The Market Wizards by Jack Schwager

"My favorite of the new TA [technical analysis] books is 'Trend Following' by Michael Covel. Straightforward, easy to read, this book is rich in details about why trend following is such a successful strategy amongst some of the world's best-performing hedge funds."

Barry Ritholtz, The Big Picture

“A mandatory reference for anyone serious about alternative investments.”

--Jon Sundt, president and CEO, Altergris

Read More Show Less

Product Details

  • ISBN-13: 9780137020188
  • Publisher: FT Press
  • Publication date: 2/15/2009
  • Edition description: Updated Edition
  • Pages: 438
  • Sales rank: 537,297
  • Product dimensions: 6.90 (w) x 9.20 (h) x 1.30 (d)

Meet the Author

Michael Covel is a highly respected author, director, and entrepreneur who founded the internationally known website TurtleTrader.com in 1996. Covel’s first book was Trend Following: How Great Traders Make Millions in Up or Down Markets (FT Press). The book profiles great trend following traders who have won billions in the market and has been translated into 10 languages so far.

Covel’s second book The Complete TurtleTrader: The Legend, the Lessons, the Results is the definitive inside look at the legendary trader Richard Dennis and his student traders, ‘The Turtles.’ The book has received wide acclaim from the Turtles themselves. Translated into 6 languages so far.

Covel also wrote, directed, and produced a theatrical release documentary titled Broke: The New American Dream, built around the subject of behavioral finance, specifically investigating the 2007—2009 market crisis and crash.

Michael Covel can be reached directly at www.michaelcovel.com

Read More Show Less

Read an Excerpt

Praise for Trend FollowingPraise for Trend Following

“Michael Covel’s Trend Following: essential.”

Ed Seykota, trend follower and original market wizard

“Trend Following by Michael Covel? I’m ‘long’ this book.”

Bob Spear, developer of Trading Recipes Software

“Michael Covel’s Trend Following is a breakthrough book that captures the essence of what really makes markets tick. Diligently researched and comprehensive in scope, it will replace The Market Wizards as the must-read bible for a new generation of traders.”

Jonathan Hoenig, portfolio manager, Capitalistpig Hedge Fund LLC and Fox News contributor

“Investment books that have a lasting appeal offer insight that resonates with a large number of investors. We believe Michael Covel’s Trend Following will be such a book.”

Richard E. Cripps, Legg Mason chief market strategist

“Please read Trend Following whether you think you have an interest in trend following or are not sure...Covel has hit a home run with it.”

Gail Osten, editor-in-chief, Stocks,
Futures, & Options magazine

“Michael Covel has written the definitive book on trend following. With careful research and clear insight, he has captured the essence of the most successful of all trading strategies. Michael knows his subject matter and he writes about it with passion, conviction, and enthusiasm. This enjoyable and well written book is destined to become a classic.”

Charles LeBeau, author of Technical Traders Guide to Computer Analysis of the Futures Markets

“Trend Following is an engrossing and educational journey through the principles, pitfalls, players, and psychology of aggressive technical trading of the investment markets. It is rich in its wisdom and historical study.”

Gerald Appel, president of Signalert Corporation and publisher of Systems and Forecasts newsletter

“Conventional wisdom says buy low and sell high, but what do you do now that your favorite market—be it a stock, bond, or commodity—is at an all-time high or low? For a completely different perspective, from people who actually make money at this business, take a look inside. Michael Covel has written a timely and entertaining account of trend following—how it works, how to do it, and who can do it. While it’s not for everybody, it might be for you.”

Charles Faulkner, NLP modeler and trading coach, featured in numerous books including The New Market Wizards

“I think the book did a superb job of covering the philosophy and thinking behind trend following (basically, why it works). You might call it the Market Wizards of Trend Following.”

Van K. Tharp, Ph.D., president, International Institute of Trading Mastery, Inc.
Van was originally profiled in The Market Wizards by Jack Schwager.

“I think that this book documents a great deal of what has made trend following managers a successful part of the money management landscape (how they manage risk and investment psychology). It serves as a strong educational justification on why investors should consider using trend following managers as a part of an overall portfolio strategy.”

Tom Basso, retired CEO, Trendstat Capital Management, Inc. Tom was originally profiled in The New Market Wizards by Jack Schwager.

“Michael Covel mixes a unique blend of trend following matters with the thoughts and quotes of successful traders, investors and society’s leaders. This is a valuable contribution and some of the best writing on trend following I’ve seen.”

Robert (Bucky) Isaacson, managed money and trend following pioneer for more than 30 years

“Trend Following: Definitely required reading for the aspiring trader.”

David S. Druz, tactical investment management and trend follower for 25 years

“Michael Covel reveals the real secret about trading—that there is no secret. His points are peppered with wisdom from experts across the industry.”

John Ehlers, president, MESA Software

Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets Preface

“Men wanted for hazardous journey. Small wages. Bitter cold. Long months of complete darkness. Constant danger. Safe return doubtful. Honor and recognition in case of success.”1

This book is the result of a 14-year “hazardous journey” for the truth about trend following trading. It fills a void in a marketplace inundated with books about buying low and selling high, index investing, and all other types of fundamental analysis, but lacking any resource or, for that matter, practically any reference to what I believe is the single best strategy to consistently make money in the markets. That strategy is known as trend following. Author Van Tharp has described it succinctly:

“Let’s break down the term ‘trend following’ into its components. The first part is ‘trend.’ Every trader needs a trend to make money. If you think about it, no matter what the technique, if there is not a trend after you buy, then you will not be able to sell at higher prices ... ‘following’ is the next part of the term. We use this word because trend followers always wait for the trend to shift first, then ‘follow’ it.”2

When it is a question of money, everyone is of the same religion.

Voltaire

Trend following trading seeks to capture the majority of a market trend, up or down, for profit. It aims for profits in all major asset classes—stocks, bonds, currencies, and commodities. Unfortunately, however simple the basic concepts about trend following are, they have been widely misunderstood by the public. My desire to correct this state of affairs is what, in part, launched my research. I wanted to be as objective as possible, so I based my writing on all available data:

  • Trend followers’ month-by-month performance histories
  • Trend followers’ published words and comments over the last 30 years
  • News accounts of financial disasters
  • News accounts of the losers in those financial disasters
  • Charts of markets traded by trend followers
  • Charts of markets traded by losers in the financial disasters

If I could have written a book comprising only numbers, charts, and graphs of trend following performance data, I would have. However, without any explanation, few readers would have appreciated the ramifications of what the data alone showed. Therefore, my approach to writing Trend Following became similar to the one Jim Collins describes in his book Good to Great, in which a team of researchers generated questions, accumulated data in their open-ended search for answers, and then energetically debated it.

Education rears disciples, imitators, and routinists, not pioneers of new ideas and creative geniuses. The schools are not nurseries of progress and improvement, but conservatories of tradition and unvarying modes of thought.

Ludwig von Mises

However, unlike Collins who was writing about generally well known public companies, trend followers form a sort of underground network of relatively unknown traders who, except for an occasional article, the mainstream press has virtually ignored. What I have attempted to do is lift the veil, for the first time, on who these enormously successful traders are, how they trade, and what is to be learned from their approach to trading that we might all apply to our own portfolios.

Trend Following challenges much of the conventional wisdom about successful trading and traders. To avoid the influences of conventional wisdom, I was determined to avoid being influenced by institutionalized knowledge defined by Wall Street and was adamant about fighting “flat earth” thinking. During my research, starting with an assumption and then finding data to support it was avoided. Instead, questions were asked and then, objectively, doggedly, and slowly, answers were revealed.

If there was one factor that motivated me to work in this manner, it was simple curiosity. The more I uncovered about trend followers, the more I wanted to know. For example, one of the earliest questions (without an answer already) was learning who profited when Barings Bank collapsed. My research unearthed a connection between Barings Bank and trend follower John W. Henry (now the majority owner of the Boston Red Sox). Henry’s track record generated new questions, such as, “How did he discover trend following in the first place?” and “Has his approach changed in any significant way in the past 30 years?”

I was also curious about who won the $1.9 billion hedge fund Long Term Capital Management lost during the summer of 1998. Why did the biggest banks on Wall Street invest $100 billion in an options pricing model with so much inherent risk? Further, considering what mutual fund and hedge fund managers lost during October 2008 and what successful trend followers earned during the same time, I could not understand why so few investors were oblivious to even the existence of trend following trading. Other questions quickly appeared:

  • How do trend followers win in the zero-sum game of trading?
  • Why has trend following been the most profitable style of trading?
  • What is the philosophical framework of trend followers’ success?
  • What are the timeless principles of trend following trading?
  • What are trend followers’ worldview of market behavior?
  • What are the reasons why trend following is enduring?

The important thing in science is not so much to obtain new facts as to discover new ways of thinking about them.

Sir William Bragg

Many of the trend followers studied are reclusive and extremely low key. Some discovered trend following on their own and used it to make their fortunes out of home offices. Bill Dunn, a successful trend follower who has beaten the markets for over 30 years, works out of a quiet, Spartan office in a Florida coastal town. For Wall Street, this approach to trading is tantamount to sacrilege. It goes against all the customs, rituals, trappings, and myths we have grown accustomed to with Wall Street success. In fact, it is my hope that my profiles of trend followers will correct the public’s misconception of a successful trader as a harried, intense workaholic who spends 24/7 in the labyrinth of a Wall Street trading firm, surrounded by monitors and screaming into a phone.

When the first edition of Trend Following hit the streets in April 2004 I hoped to assemble the first comprehensive look at trend following trading. Almost five years since initial publication, that goal was realized. How do I know? Since the first edition of Trend Following, I have met literally dozens of trend following traders managing collectively billions upon billions of dollars. Their feedback has been the validation. I never would have expected that an obscure book put together five years ago would lead me to having conversations with the likes of Nobel Prize winner Harry Markowitz and hedge fund managers Boone Pickens and David Harding, but it did.

Validation aside, October and November 2008 made me want another bite at the apple, another chance to “work” on this book. And lucky for me, the 2008 market chaos gave me that window. There is no doubt that October and November 2008 were the most historic market months since the Great Depression. Most people, most mutual funds, and most hedge funds lost unimaginable sums of money. It has long been said that “genius is leverage in a rising market,” and when the bubble popped in 2008 clearly people who had long been positioned as genius weren’t that smart after all. Already guessed where I am headed with this rant? Yes, while the rest of the world got creamed in 2008, trend followers made fortunes. Performance numbers for top trend following traders for October 2008 alone ranged from +5 percent to +40 percent. Making that much in one month when much of the rest of the world was losing big time is noteworthy to say the least. My publisher Jim Boyd agreed with me.

This new edition of Trend Following includes many new sections and insights, surrounding the same core timeless lessons from the first edition. I updated the book throughout and worked to make material accessible and interesting enough so it might give an occasional “aha” experience. However, if you’re looking for trading “secrets,” you need to look elsewhere. There is no such thing. If you’re in the mood for stories about what it’s like inside a typical Wall Street firm (at least in those firms before they all went under in 2008!) or how greedy traders sow the seeds of their own destruction, your needs will not be met with my writing. But if you are looking for something different, looking for something to fill a void in your understanding of how big returns are actually made year after year, but didn’t know where to turn for honest information, I hope my insights give you the confidence that ultimately helps you to make some big money.

Fish see the bait, but not the hook; men see the profit, but not the peril.

Chinese proverb

To be aware how fruitful the playful mood can be is to be immune to the propaganda of the alienated, which extols resentment as a fuel of achievement.

Eric Hoffer

© Copyright Pearson Education. All rights reserved.

Read More Show Less

Table of Contents

Foreword by Larry Hite xiii

Preface xvii

Part I

1 Trend Following 3

2 Great Trend Followers 27

Part II

3 Performance Data 97

4 Big Events, Crashes, and Panics 123

5 Baseball: Thinking Outside the Batter's Box 181

Part III

6 Human Behavior 193

7 Decision Making 211

8 Science of Trading 221

9 Holy Grails 231

Part IV

10 Trading Systems 247

11 The Game 277

Afterword 285

Foreword to the First Edition by Charles Faulkner 299

Appendices

Introduction to Appendices 305

A Trend Following for Stocks 307

B Performance Guide 347

C Short-Term Trading 375

D Personality Traits of Successful Traders 377

E Trend Following Models 381

F Trading System Example from Mechanica 385

G Critical Questions for Trading Systems 395

Resources 397

Endnotes 399

Bibliography 423

Index 431

Read More Show Less

Preface

Praise for Trend FollowingPraise for Trend Following

“Michael Covel’s Trend Following: essential.”

Ed Seykota, trend follower and original market wizard

“Trend Following by Michael Covel? I’m ‘long’ this book.”

Bob Spear, developer of Trading Recipes Software

“Michael Covel’s Trend Following is a breakthrough book that captures the essence of what really makes markets tick. Diligently researched and comprehensive in scope, it will replace The Market Wizards as the must-read bible for a new generation of traders.”

Jonathan Hoenig, portfolio manager, Capitalistpig Hedge
Fund LLC and Fox News contributor

“Investment books that have a lasting appeal offer insight that resonates with a large number of investors. We believe Michael Covel’s Trend Following will be such a book.”

Richard E. Cripps, Legg Mason chief market strategist

“Please read Trend Following whether you think you have an interest in trend following or are not sure...Covel has hit a home run with it.”

Gail Osten, editor-in-chief, Stocks,
Futures, & Options magazine

“Michael Covel has written the definitive book on trend following. With careful research and clear insight, he has captured the essence of the most successful of all trading strategies. Michael knows his subject matter and he writes about it with passion, conviction, and enthusiasm. This enjoyable and well written book is destined to become a classic.”

Charles LeBeau, author ofTechnical Traders Guide to
Computer Analysis of the Futures Markets

“Trend Following is an engrossing and educational journey through the principles, pitfalls, players, and psychology of aggressive technical trading of the investment markets. It is rich in its wisdom and historical study.”

Gerald Appel, president of Signalert Corporation and publisher
of Systems and Forecasts newsletter

“Conventional wisdom says buy low and sell high, but what do you do now that your favorite market—be it a stock, bond, or commodity—is at an all-time high or low? For a completely different perspective, from people who actually make money at this business, take a look inside. Michael Covel has written a timely and entertaining account of trend following—how it works, how to do it, and who can do it. While it’s not for everybody, it might be for you.”

Charles Faulkner, NLP modeler and trading coach, featured in
numerous books including The New Market Wizards

“I think the book did a superb job of covering the philosophy and thinking behind trend following (basically, why it works). You might call it the Market Wizards of Trend Following.”

Van K. Tharp, Ph.D., president, International Institute of Trading Mastery, Inc.
Van was originally profiled in The Market Wizards by Jack Schwager.

“I think that this book documents a great deal of what has made trend following managers a successful part of the money management landscape (how they manage risk and investment psychology). It serves as a strong educational justification on why investors should consider using trend following managers as a part of an overall portfolio strategy.”

Tom Basso, retired CEO, Trendstat Capital Management, Inc. Tom was
originally profiled in The New Market Wizards by Jack Schwager.

“Michael Covel mixes a unique blend of trend following matters with the thoughts and quotes of successful traders, investors and society’s leaders. This is a valuable contribution and some of the best writing on trend following I’ve seen.”

Robert (Bucky) Isaacson, managed money and trend
following pioneer for more than 30 years

“Trend Following: Definitely required reading for the aspiring trader.”

David S. Druz, tactical investment management and trend follower for 25 years

“Michael Covel reveals the real secret about trading—that there is no secret. His points are peppered with wisdom from experts across the industry.”

John Ehlers, president, MESA Software

Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets Preface

“Men wanted for hazardous journey. Small wages. Bitter cold. Long months of complete darkness. Constant danger. Safe return doubtful. Honor and recognition in case of success.”1

This book is the result of a 14-year “hazardous journey” for the truth about trend following trading. It fills a void in a marketplace inundated with books about buying low and selling high, index investing, and all other types of fundamental analysis, but lacking any resource or, for that matter, practically any reference to what I believe is the single best strategy to consistently make money in the markets. That strategy is known as trend following. Author Van Tharp has described it succinctly:

“Let’s break down the term ‘trend following’ into its components. The first part is ‘trend.’ Every trader needs a trend to make money. If you think about it, no matter what the technique, if there is not a trend after you buy, then you will not be able to sell at higher prices ... ‘following’ is the next part of the term. We use this word because trend followers always wait for the trend to shift first, then ‘follow’ it.”2

When it is a question of money, everyone is of the same religion.

Voltaire

Trend following trading seeks to capture the majority of a market trend, up or down, for profit. It aims for profits in all major asset classes—stocks, bonds, currencies, and commodities. Unfortunately, however simple the basic concepts about trend following are, they have been widely misunderstood by the public. My desire to correct this state of affairs is what, in part, launched my research. I wanted to be as objective as possible, so I based my writing on all available data:


  • Trend followers’ month-by-month performance histories
  • Trend followers’ published words and comments over the last 30 years
  • News accounts of financial disasters
  • News accounts of the losers in those financial disasters
  • Charts of markets traded by trend followers
  • Charts of markets traded by losers in the financial disasters

If I could have written a book comprising only numbers, charts, and graphs of trend following performance data, I would have. However, without any explanation, few readers would have appreciated the ramifications of what the data alone showed. Therefore, my approach to writing Trend Following became similar to the one Jim Collins describes in his book Good to Great, in which a team of researchers generated questions, accumulated data in their open-ended search for answers, and then energetically debated it.

Education rears disciples, imitators, and routinists, not pioneers of new ideas and creative geniuses. The schools are not nurseries of progress and improvement, but conservatories of tradition and unvarying modes of thought.

Ludwig von Mises

However, unlike Collins who was writing about generally well known public companies, trend followers form a sort of underground network of relatively unknown traders who, except for an occasional article, the mainstream press has virtually ignored. What I have attempted to do is lift the veil, for the first time, on who these enormously successful traders are, how they trade, and what is to be learned from their approach to trading that we might all apply to our own portfolios.

Trend Following challenges much of the conventional wisdom about successful trading and traders. To avoid the influences of conventional wisdom, I was determined to avoid being influenced by institutionalized knowledge defined by Wall Street and was adamant about fighting “flat earth” thinking. During my research, starting with an assumption and then finding data to support it was avoided. Instead, questions were asked and then, objectively, doggedly, and slowly, answers were revealed.

If there was one factor that motivated me to work in this manner, it was simple curiosity. The more I uncovered about trend followers, the more I wanted to know. For example, one of the earliest questions (without an answer already) was learning who profited when Barings Bank collapsed. My research unearthed a connection between Barings Bank and trend follower John W. Henry (now the majority owner of the Boston Red Sox). Henry’s track record generated new questions, such as, “How did he discover trend following in the first place?” and “Has his approach changed in any significant way in the past 30 years?”

I was also curious about who won the $1.9 billion hedge fund Long Term Capital Management lost during the summer of 1998. Why did the biggest banks on Wall Street invest $100 billion in an options pricing model with so much inherent risk? Further, considering what mutual fund and hedge fund managers lost during October 2008 and what successful trend followers earned during the same time, I could not understand why so few investors were oblivious to even the existence of trend following trading. Other questions quickly appeared:

  • How do trend followers win in the zero-sum game of trading?
  • Why has trend following been the most profitable style of trading?
  • What is the philosophical framework of trend followers’ success?
  • What are the timeless principles of trend following trading?
  • What are trend followers’ worldview of market behavior?
  • What are the reasons why trend following is enduring?

The important thing in science is not so much to obtain new facts as to discover new ways of thinking about them.

Sir William Bragg

Many of the trend followers studied are reclusive and extremely low key. Some discovered trend following on their own and used it to make their fortunes out of home offices. Bill Dunn, a successful trend follower who has beaten the markets for over 30 years, works out of a quiet, Spartan office in a Florida coastal town. For Wall Street, this approach to trading is tantamount to sacrilege. It goes against all the customs, rituals, trappings, and myths we have grown accustomed to with Wall Street success. In fact, it is my hope that my profiles of trend followers will correct the public’s misconception of a successful trader as a harried, intense workaholic who spends 24/7 in the labyrinth of a Wall Street trading firm, surrounded by monitors and screaming into a phone.

When the first edition of Trend Following hit the streets in April 2004 I hoped to assemble the first comprehensive look at trend following trading. Almost five years since initial publication, that goal was realized. How do I know? Since the first edition of Trend Following, I have met literally dozens of trend following traders managing collectively billions upon billions of dollars. Their feedback has been the validation. I never would have expected that an obscure book put together five years ago would lead me to having conversations with the likes of Nobel Prize winner Harry Markowitz and hedge fund managers Boone Pickens and David Harding, but it did.

Validation aside, October and November 2008 made me want another bite at the apple, another chance to “work” on this book. And lucky for me, the 2008 market chaos gave me that window. There is no doubt that October and November 2008 were the most historic market months since the Great Depression. Most people, most mutual funds, and most hedge funds lost unimaginable sums of money. It has long been said that “genius is leverage in a rising market,” and when the bubble popped in 2008 clearly people who had long been positioned as genius weren’t that smart after all. Already guessed where I am headed with this rant? Yes, while the rest of the world got creamed in 2008, trend followers made fortunes. Performance numbers for top trend following traders for October 2008 alone ranged from +5 percent to +40 percent. Making that much in one month when much of the rest of the world was losing big time is noteworthy to say the least. My publisher Jim Boyd agreed with me.

This new edition of Trend Following includes many new sections and insights, surrounding the same core timeless lessons from the first edition. I updated the book throughout and worked to make material accessible and interesting enough so it might give an occasional “aha” experience. However, if you’re looking for trading “secrets,” you need to look elsewhere. There is no such thing. If you’re in the mood for stories about what it’s like inside a typical Wall Street firm (at least in those firms before they all went under in 2008!) or how greedy traders sow the seeds of their own destruction, your needs will not be met with my writing. But if you are looking for something different, looking for something to fill a void in your understanding of how big returns are actually made year after year, but didn’t know where to turn for honest information, I hope my insights give you the confidence that ultimately helps you to make some big money.

Fish see the bait, but not the hook; men see the profit, but not the peril.

Chinese proverb

To be aware how fruitful the playful mood can be is to be immune to the propaganda of the alienated, which extols resentment as a fuel of achievement.

Eric Hoffer


© Copyright Pearson Education. All rights reserved.

Read More Show Less

Customer Reviews

Average Rating 1
( 1 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(1)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 Customer Reviews
  • Anonymous

    Posted March 30, 2014

    No text was provided for this review.

Sort by: Showing 1 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)