Five Star Futures Trades: The Premier System for Trading the Biggest Market Moves

by Colin Alexander

The perfect book for any trader going after the big moves

• Format: Hardcover
• Language: English
• ISBN: 0930233581
• ISBN13: 9780930233587
• Release Date: April 1998
• Publisher: Windsor Books/Probus
• Length: 171 Pages
• Weight: 1.80 lbs.
• Dimensions: 0.7" x 8.7" x 11.3"

Customer Reviews

Five Star Futures Trades

This book helped me in several aspects. 1. It helped keep me from over trading (my weakness) 2. It helped me to determine if a move counter to trend was likely to succeed or fail. 3. It has helped my profitability. Yes there are only a few major turns every year, but Alexander also discusses "how to enter a rapidly moving market." This adds to the number of trades one can do with this "system." Other reviews are correct, it is not for the day trader. I did have to read it three or four times and marked it up pretty good. I have three different software programs and found the things from the book could be programmed into Metastock Explorers and Advisors (my lower end software) with some, but not too much, effort.

Not enough stars to give this book the credit it deserves.

This book is basically a filter system designed for long term trend trading. Its goal is to keep you riding a long term trend, avoid the whipsaws, and keep you from trading too much. Not a system for people who like to day trade. It does however have a section dedicated to timing entries and exits with 60 minute intraday charts; But, thats just an option, intraday is not necessary to make system work. You will need a computer w/software that allows you to customize the length of various indicators, and end of day chart service(if you don't plan on using the 60 min. intraday timing methods) going back at least two years. A subscription to some historical monthly charts are also very useful. Shows you the big picture w/monthly, weekly and daily analysis. Definately worth adding to your library.