The Commitments of Traders Bible: How To Profit from Insider Market Intelligence
T**.
First 1/3 was good. Feels a bit long in the tooth and spirals off track.
Felt a bit old and dated for a modern technical trader. However there was some valuable insights, but I think the book shifted from talking about the psychology or positioning of the raw data, into talking about his personal COT indicators. While these indicators are interesting, they ended up becoming the focal point of the book until halfway through when he discusses the nuances of the data and indicators. As someone looking to use this as part of my overall strategy I found some of the signals he talks about to be inconsistent. Sometimes a sharp increase means it’s time to change positions…. Only when it’s not…. Although, despite some of these grievances, the first 1/3 of the book was interesting and offered ways to look at COT data (plotted onto an indicator) that goes beyond just the standard line crossing signals. For this I appreciate the book. And may be worth it, haven’t read other COT books yet to compare it to.
B**S
More information than really needed!!!
This book is written with two parts. The first part is all you need. The first part provides the information on COT data and introduces several methods of calculating the COT index. One of the more interesting things is the move index used by the author.Then the author, as if a reader has not already made up its mind to explore the usefullness of COT data, sets out to convince you with his analysis of research papers, charts and opinions. I think he would have done better to only publish the part 1. This would have made a more sucinct read and would have been more pointed. But, to sell paper! I read the whole thing. You should too and maybe read it again.
A**E
Buy it, worth the money
If you have struggled with the nuances of the COT report, you will treasure this book. It clearly illustrates the crux of the matter which is price action and the reasons behind it. I would not recommend this for beginners, however. There is a subtlety in evaluating trend shifts and unless you have actually gotten your hands dirty digging into FX and traded for awhile could you appreciate the clarity of Steve Briese's explanations. I have been an active Forex trader for over 5 years and this book I consider to be one of my most valuable on the subject. Forex is not a get rich quick vehicle. There is a steep learning curve as most FX traders will honestly tell you--but this market can be most rewarding for those who spend the time and effort to learn.
B**6
too much Chicago, not enough NY in this one ...
too much Chicago, not enough NY in this one. This is just 2 steps from chart reading. People can just make stuff up. The bottom line here is, look for discloation
G**C
COT
This was a difficult read for me personally in the begining. Not impossible, but not cotton candy filler b.s. either. Over time I began to understand the basic tenants and insights which were very valuable. Took about a years time to grasp the key points as I was newer to this business then.All over the drop in Gold, Silver, and Oil... Check your charts for this date! Not for everybody though- just being honest...:
E**D
must read for futures traders if you're not familiar with COT reports
If you're trading futures and would like to incorporate COT reports into your decision-making then this book is a must read
M**S
Five Stars
A good read explains the use of the cot report
A**R
Came exactly as expected !
Perfect
A**I
The Ultimate Way to Harness Legal Insider Market Knowledge
Published over a decade ago, ever piece of information remains completely relevant, if not more so. Steve Briese has led the way in understanding Commitment of Traders Data. His experience and understanding is second to none. He clearly shows you how to prepare for big moves in all the the key markets. I thoroughly recommend this book.
J**5
Beste Quelle um COT im Gesamtkontext zu Verstehen/Bewerten
Der Inhalt mag kompliziert wirken, aber gemessen an der Komplexität der Zusammenhänge in einem COT-Report, hat der Autor eine hervorangende Leistung erbracht. Die Details sind nicht nur sehr gut erläutert, sondern auch der Schreibstil macht Spaß.Auf Internetseiten werden Informationen bzgl. COT gerne mal vereinfacht (und entsprechend unvollständig) dargestellt; Dieses Buch ist das beste Beispiel dafür, dass man im Internet eben nicht alles findet/bekommt.Ein klitzekleiner Wehrmutstropfen entsteht dadurch, dass "nur" der Legacy Report, bzw. seine Grundlage besprochen wird und der "neue" TIFF-Report außen vor bleibt, aber mit entsprechend eigener Transferleistung, kann man auch diesem wertvolle Informationen entlocken.Für mich das wervollste Buch zum Thema Futures-Trading!
M**O
Not so good
Probably it's to much complicated. On COT report , my favourite is the one made by Larry Williams
S**L
Clairement ne correspond pas à l'état annoncé
Ouvrage vendu comme étant en très bon état, ok il y a quelques pages abimé , la jacket a un coup dans le nez cela ne me dérange pas , par contre TOUTES les PAGES sont remplies d'annotation en clair si je veux moi même les annotées il va falloir que j'efface au préalable ses dernières , j'aurai pu photographier toutes les pages de l'ouvrage car il y a des annotation partout. Bref je garde l'ouvrage car il reste rare et j'ai pas envi de m'emmerder a patienter 2 mois pour en trouver un autre je vais m'acheter une gomme et essayer de ne pas abimer l'ouvrage en effaçant les annotations. Bref pas conforme à la description
O**Z
Tough and serius. Excellent proffesional book
You will learn how is the sirious world of tranding linked to the stock market. It is not easy of reading and I only recomend it if you have a good knowledge of math (statistics) and if you deal or a planning to do with the stock in commodities.
Trustpilot
3 days ago
3 weeks ago