Techniques of Tape Reading Review

Average Reviews:

(More customer reviews)There is nothing in this book about tape reading. Nothing.
I am a trader. I trade every day, and actually read tape. This poorly written, and unedited assemblage of words is virtually worthless for anyone desirous of becoming a student of tape reading. There is simply no real tape reading content, and the content that resides on these pages is not worth reading, especially if your goal is to become a better trader.
I was intrigued by the title, as you likely are. It seems that when an author has nothing of value to contribute to the trading community, they try to sell their junk by creating a catchy title. It must work to some extent, because the tactic seems to be used a great deal. Read my other reviews for more information.
For some insight into the art of reading tape try, Tape Reading & Market Tactics by Humphrey Neill, and Studies in Tape Reading by Rollo Tape. Both were written long ago, and are valuable contributions to a trader's education. There has been nothing of value written about tape reading in the past 50 years, that I can find.
A final word of advice. Be skeptical of favorable reviews of this book. If you are interested in tape reading, there is nothing here. Also, read reviews written by real traders. For insight into the reviewers' sincerity and discernment, scan all of their reviews. Similar to tape reading and market analysis, one can determine which book reviews to believe and which to ignore from the reviewers' history.

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How to use trading's most time-honored technique to reap profits in today's fastmoving, point-and-click markets

Tape reading is among the oldest and most successful methods of technical analysis.

Techniques of Tape Reading shows traders how to incorporate the best aspects of tape reading into a modern trading plan, by understanding the correlation between volume and price and simply trading off what a stock's price movement is telling them to do.

A practical, how-to guide for using tape reading to improve trading decisions in today's screen trading environment, Techniques of Tape Reading discusses:

Profitable use of tape reading in both swing and day trading
How the best traders condition their minds and mind-sets
Tape reading techniques for up, down, and nontrending markets

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