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Rating: 
Summary: good concept, good research
Review: a good book offering a new insight into day trading all commodities. i have successfully input his strategy into a tradestation 2000i program. if interested email me at wynvern@usa.net for details.
Rating: 
Summary: Mountain/Valley Trading System
Review: Basicly, this is a trend following system. It's designed to hang on to winning trades as long as possible and to dump losing trades quickly. It's similar to a trend breakout system, execept that you control, with two input values, when a valid breakout and a trend begins. It has money management logic built into it. I have created a Tradestation program based on this system which I use to automatically execute trades in Diamonds, Spiders, and E-minis. It's a robust system, works with any security, and is very profitable when the market are trending.
Rating:
Summary: Mountain/Valley Trading System
Review: Basicly, this is a trend following system. It's designed to hang on to winning trades as long as possible and to dump losing trades quickly. It's similar to a trend breakout system, execept that you control, with two input values, when a valid breakout and a trend begins. It has money management logic built into it. I have created a Tradestation program based on this system which I use to automatically execute trades in Diamonds, Spiders, and E-minis. It's a robust system, works with any security, and is very profitable when the market are trending.
Rating:
Summary: Original thinking!
Review: I used the system outlined in the book to develop a highly successful longer term system that makes very good returns with low drawdowns. It also recovers very quickly from losses. Enough said!
Rating: 
Summary: Disappointed
Review: Robert Barnes examines various trend detection systems in addition to counter trend oscillators. After discussing their positive and negative virtues, he introduces his "mountain/valley trend theory" as the best of both worlds. The system is very similar to Jim Sibbet's NYFE system where entry occurs after a qualified peak or valley. Barnes tests various markets to find optimized qualifiers. His comments on the markets are very interesting and worth the price of the book alone.
Rating: 
Summary: 1 Technique Explained in Dull Fashion
Review: This book was written in '96 and as such, Easy Language could have been included since it was available then. The system requires high maintenance observation (in 1 minute, 5 minute, 15 minute and 60 minute charts in each future discussed) that would require programming assistance in the background. NB Another reviewer states he has programmed this in ELA & offers his email address.There are many charts which take up half of the book, but since most of the time the chart being referenced in the text is on another page, it's a hassle to jump back and forth. The writing style could cure insomnia. As in Larry Williams' daytrading book, this book would have benefitted greatly by inclusion of Performance Reports with Profit Factors, ROI, consecutive losers and the like. In fairness to the author, he provides the results of all trades in a month period for the different time periods (1-minute through 60-minutes) for various futures including the DM. These could have been enhanced with profit targets, it was surprising to see better than potential $1000+ trades allowed to turn into losers. Once the single system was explained, the various futures could have been presented with 1 time frame Performance Report and the best value, on successive pages. Unfortunately since Barnes limited himself to 1 month of trades, there is insufficient information on those time frames greater than 1 or 5 minute charts, to determine the validity of the system. One needs a minimum of 30 samples and in many instances there are only 3 trades for the time period presented. Better editing would have enhanced the value of this book in making it more comprehensible and capable of the system being confirmed as being viable.
Rating:
Summary: 1 Technique Explained in Dull Fashion
Review: This book was written in '96 and as such, Easy Language could have been included since it was available then. The system requires high maintenance observation (in 1 minute, 5 minute, 15 minute and 60 minute charts in each future discussed) that would require programming assistance in the background. NB Another reviewer states he has programmed this in ELA & offers his email address. There are many charts which take up half of the book, but since most of the time the chart being referenced in the text is on another page, it's a hassle to jump back and forth. The writing style could cure insomnia. As in Larry Williams' daytrading book, this book would have benefitted greatly by inclusion of Performance Reports with Profit Factors, ROI, consecutive losers and the like. In fairness to the author, he provides the results of all trades in a month period for the different time periods (1-minute through 60-minutes) for various futures including the DM. These could have been enhanced with profit targets, it was surprising to see better than potential $1000+ trades allowed to turn into losers. Once the single system was explained, the various futures could have been presented with 1 time frame Performance Report and the best value, on successive pages. Unfortunately since Barnes limited himself to 1 month of trades, there is insufficient information on those time frames greater than 1 or 5 minute charts, to determine the validity of the system. One needs a minimum of 30 samples and in many instances there are only 3 trades for the time period presented. Better editing would have enhanced the value of this book in making it more comprehensible and capable of the system being confirmed as being viable.
Rating:
Summary: High impact day trading
Review: VERY HELPFULL BOOK FOR THE NOVICE. QUICK DELIVERY
Rating:
Summary: High impact day trading
Review: VERY HELPFULL BOOK FOR THE NOVICE. QUICK DELIVERY
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