Strategies for Profiting on Every Trade: Simple Lessons for Mastering the Market | 
 enlarge | Author: Oliver L Velez
Publisher: Marketplace Books
Category: Book
List Price: $49.95
Buy New: $24.99
You Save: $24.96 (50%)
New (13) Used (2) from $24.99
Avg. Customer Rating:  7 reviews
Sales Rank: 81153
Media: Hardcover
Number Of Items: 1
Pages: 240
Shipping Weight (lbs): 1
Dimensions (in): 9.1 x 5.9 x 1
ISBN: 1592802591
Dewey Decimal Number: 332.64
EAN: 9781592802593
ASIN: 1592802591
Publication Date: January 5, 2007
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.
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Product Description
An accessible, reliable course for the trader looking for profits in the competitive, dynamic world of trading. Each section of the book offers clear examples, concise and useful definitions of important terms, over 90 charts used to illustrate the challenges and opportunities of the market; and how you can take advantage of patterns. Written in the parlance of the day trader s world, you ll enjoy the experience of being taught trading skills by the best of the best. This focused and effective trading resource features seven key lessons to further a trader s education including market basics, managing trades, psychology in trading and planning, technicals, utilizing charts, income versus wealth building producing trades, and classic patterns. It truly is as Paul Lange says, Many of these lessons have been taught to students worldwide over a span of 4 years. These lessons contain powerful information that goes far beyond the basics you may find in many introductory trading books.
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| Customer Reviews: Read 2 more reviews...
 Very disappointing unless you are a beginner December 1, 2007
11 out of 11 found this review helpful
Purchased this book based on the introduction and the comments by a third party. I was intrigued by the title, but disappointed in the content. One very agravating thing is that most of the time the book is describing charts that are on the other side of the page. I should have figured this out by the words "Simple" and "Mastering" being used in the subtitle. 90% of this book is devoted to day trading. So if your strategies have you holding overnight this book may be a waste of time. I respect Mr. Velez's record and feel this book doesn't do his accomplishments justice.
 A disappointment June 10, 2007
18 out of 19 found this review helpful
Although there are many insightful and terrific lessons to be learned here if you are a Pristine Trained Trader you will recognize the book to be a compilation of Paul Lange's weekly trading lessons. A free weekly service from Pristine. I suspect Mr. Velez' name was added for name recognition and, thus more sales. It is Mr. Lange's book, however, make no mistake. That said Paul Lange is one of the most astute traders and best educators around. I had the pleasure of working with Mr. Lange and was constantly amazed at his trading prowess and his ability to convey the information. It's simply this book offered nothing new.
 Very poorly written, but some useful info April 27, 2007
18 out of 22 found this review helpful
This is close to the poorest written book I've read. However there is useful info in it if you can decipher Velez's lingo. Basically Lange, the "co-author" typed what Velez recorded in his classes at Pristine. After I started crossing out hype and BS, I found the book much clearer.
Also I agree with other reviewers comments that the book is an advertisement for Pristine. You can get some details on how Pristies are taught to trade, but don't think like I did that Velez covers much of it.
The hardest part in finding useful info is that it appears Velez is so "elite" that he has to use his own slang in lieu of standard trading terminolgy (Ex: a play ILO a trade, topping tails ILO shooting stars on candle charts.) Velez names trade set-ups as though he discovered them. If he knew candlesticks he would realize many of his ideas are not his discovery. So why name them? Maybe because Velez seems to have a "special" word for almost every normal trading term. That's not teaching, nor conveying information which is what books like this should be written for, that's probably just to intimidate clients, make them feel like he is the master.
I don't know that I would recommend buying it as I own it and am not sure I will ever reread it to jot down the useful parts.
 Sloppy edition March 19, 2007
9 out of 16 found this review helpful
The senior author uses green and red candles in his website. Hasn't any reviewer, including Velez himself, noticed that the candles' colors should have been changed to black and white before publishing the book? A bad start for an otherwise welcome addition to every trader's library.
 Not to be Missed March 17, 2007
17 out of 22 found this review helpful
I just finished "Strategies for Profiting on every trade". Just a couple of comments up front; first, I suspect that Paul Lange had much more to do with this book than he was given credit. Second, there were constant references to the color of bars and indicators in the book but the book is in black and white. At one point they labeled the lines "red", "blue" etc. but otherwise, throughout the book you had to find the lines based on the text, not the color.
Having said that, this is not a book to be missed, especially for intraday traders. Although the writers make it clear that most of the techniques can be applied to any time frame and that the daily charts normally set up the trade, you will find charts all the way from the weekly level to the 2 minute level, with the majority of the lessons seemingly taught and the trades played out on the 5 and 15 minute time frame.
This is a much smaller book that the original Velez/Capra "Tools and Tactics for the Master Day Trader" and doesn't contain the psychology offered in that book, but it is, never the less, a book packed with information and insights focused on bar by bar chart analysis, much of it, I believe, gleaned from Paul Lang's daily, live, real world experience in the Pristine trading rooms.
If you are new to Pristine trading methods, this will give you an insight and depth into chart reading that you may not have realized is possible. If you are a Pristine trained trader, as I am, this book reinforces what you should already know but will give you many "gems" that I am sure will be new and of value. In either case, this is a "must" book for the serious trader.
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