Tape Reading and Market Tactics: The Three Steps to Successful Stock Trading

by Humphrey Bancroft Neill

Book Overview

"New conditions will arise. A new trading public will be born. However, the old cycle of rallies and reactions will roll on." Although originally published in 1931, this classic work remains the... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0870340743
• ISBN13: 9780870340741
• Release Date: June 1984
• Publisher: Fraser Pub. Co.
• Length: 224 Pages
• Weight: 0.60 lbs.
• Dimensions: 0.6" x 5.0" x 7.8"

Customer Reviews

Excellent Price and Volume Study

Price and volume tell the tale for what is happening with a stock. The auther provides an excellent course on how to read the price ad volume action of a stock. No need for fancy wiz-bang technical indicators if you can read the tape. Get this book. Combine with all of Bill O'Neils books and you have a great foundation.

A Must for Traders

IMHO, one of the two best traders books ever written, alongside Reminiscenes of A Stock Operator. As opposed to most traders' books that are very much focused on price-centric indicators and pays lesser attention to volume, tape-reading is truly a gem that observes the important co-relation between price and volume, the latter being the fuel of every play.Tape-reading doesnt predicts target prices of a stock play as opposed to most methods (eg elliot wave) but lets volume (or lack thereof) be the ultimate determinant of a continuation of a move or otherwise. Since I have never been a technical indicators' fan, I now trade solely on tape-reading principles with simple charting techniques using candlesticks (paying due attention to volume on formation of important patterns) and doing very decently ever since.Great stuff !!!

Wanna make money? read this book!

As an active and profitable day trader (who makes a living trading) , I've read almost all the classics, in my opinion better than any book i've read! Definetly as good as "Reminiscences of a Stock Operator". Wish all books were so succinct, i would've finished college in 1 year.If you want to make money, read it!

A real chart reading education

If you want to know how to spot short-term accumulation or distribution, how to read volume and price change, this is THE book to read. It focuses on just that topic and is very clear.It's not really "tape reading" in the sense that he tells you how to spot trends by reading ticker tapes. What he did was write down all the sales and the volume during the day for certain stocks and made a graph of the stock at each sale. Day traders or short term traders may find this book very useful.

ONE OF THE BEST BOOK I EVER READ, MUST FOR ALL INVESTORS

The book has given a real inside of market psychology, tradingtechniques.Written in a very easy,and digestible manner. Author's sharp observation , and the charting techiques is worth learning for all the investors. I bought this book as was recommendated by Investor's Buisness Daily. There are few other books listed which I have bought.Not all the books are avilable but most are. This is one of the best books I have read. This book is worth reading, learning, and definately pays the price you paid for the book. I would recommend 1. How to make money in stocks - william o'neil 2. Battle of investment survival. 3 Remminsence of the stock operator. 4 Technical analysis of the finicial market- John Murphy. 5 Trading for Living -Elder,I believe this book should be in the your personal library if you are an investor.