The Taylor Trading Technique
For those interested in day trading and short-term trading in futures, this classic 1950 work is an indispensable reference. The 3-Day Method (a.k.a. The Book Method) described therein, maintains that markets move in a three-day cycle that can be tracked by measuring rallies and declines.
Linda Bradford Raschke highly recommends The Taylor Trading Technique and the principles it teaches. Table of Contents: Chapter 1: How the Market Trend is Made Chapter 2: How to Make Up a Trading Book Chapter 3: Uses for the Columns and Marks Chapter 4: The Symbols as Trend Indicators Chapter 5: A Buying Day Chapter 6: A Buying Day Low Violation Chapter 7: A Selling Day Chapter 8: A Short Sale Day Chapter 9: A Short Sale at High of Buying Day Made First Chapter 10: Failures to Penetrate Chapter 11: The Trend Line and Trading Areas-Market Trends Chapter 12: Limit Day Moves Chapter 13: The Three Day Swing Method Chapter 14: The Investor and Swing Trader Chapter 15: Pertinent Points Many illustrated plates and cuts.
Positive Review of Book
I can't recommend this book in general because most won't get it. But for the trader who has been around 5 or 6 years and is still struggling you might have the experience and depth to recognize "The Taylor Trading Technique" as one of the best method books available. Reading this book is difficult so great effort needs to be put forward.
On a side note as advised in the publishers comments I read Raschke's and Angell's section first and this almost stopped me from putting in the effort to try to comprehend the actual technique.
Negative Review of Book
The old saying is the harder something in the market is , the more likely it dont work.This is a lot of mombo jumbo.It may have had its time but the s&p moves more know in 5 min then it did all day back then.
Author Biography
George Douglas Taylor was a professional trader and also an apologetic supporter of the trading theory, which according to him was as important as the practical skills. This book describes the 3-day method (it’s mentioned as the Book Method). This method presumes that the financial markets move in three-day cycles (similar to the modern Elliot Waves). Those cycles are recognized by the patterns of up- and down-trends. Some of the modern traders still use the techniques described in The Taylor Trading Technique.
Table of Contents
- Chapter 1: How the Market Trend is Made
- Chapter 2: How to Make Up a Trading Book
- Chapter 3: Uses for the Columns and Marks
- Chapter 4: The Symbols as Trend Indicators
- Chapter 5: A Buying Day
- Chapter 6: A Buying Day Low Violation
- Chapter 7: A Selling Day
- Chapter 8: A Short Sale Day
- Chapter 9: A Short Sale at High of Buying Day Made First
- Chapter 10: Failures to Penetrate
- Chapter 11: The Trend Line and Trading Areas-Market Trends
- Chapter 12: Limit Day Moves
- Chapter 13: The Three Day Swing Method
- Chapter 14: The Investor and Swing Trader
- Chapter 15: Pertinent Points Many illustrated plates and cuts
Discover more Trading books at BookofTrading.com!
- How to Trade Forex and Gold Options
- How to Trade the Gold Price and Profit!
- Forex Trading the EUR/USD Pair € EURO and $ US Dollar
- How to Trade Stock Market Indices S&P500
- How to Trade Crude Oil
- Forex Trading Psychology
- What Are Broker Recommendations?
- Free Tickets to Trading & Investing Seminar & Expo ($18) Brisbane 2013
- Stock Calc App
- All About Warrants
- Introduction to Exchange Traded Funds
- Introduction to Exchange Traded Funds: Features
- Introduction to Exchange Traded Funds: Domestic ETFs
- Introduction to Exchange Traded Funds: International ETFs
- Exchange Traded Commodities
- Australian Stock Scan
- Australian Online Share Trading
- List of Trading Books
- Interesting Thoughts about the Australian Dollar
- What's the Meaning of Hawkish?
- Do You Know How To Use the P/E Ratio
- Trading, Religion and Politics - Do They Have Anything in Common?
- Shares that are Volatile that Double and Half in the Short Term
- Telstra (TLS) T3
- Margin Call by E-mail
- The Cost of Holding a Position
- Lack of Disclosure: Compensation from ASX Listed Company
- Unrealistic Returns and Benchmarks
- CMC Markets Down
- Quality versus Quantity Forex Trading
- Woolworths 1H Sales $30.7bn up 3.2%
Date added 31-01-2013 - ASIC Fines CommBank's CommSec
Date added 25-09-2012 - Industry Super Network Calls to Ban High Frequency Trading (HFT)
Date added 22-09-2012 - NAB Launches Online Share Trading Platform
Date added 19-09-2012 - Reserve Bank of Australia Says 23 Countries Holding AUD
Date added 18-09-2012 - Australia Post Digital Mailbox
Date added 10-09-2012 - Winners and Losers of Trading for Week 2
Date added 16-01-2012 - 2012's First Week of the Best and Worst Traded Stocks
Date added 09-01-2012 - 2011's Last Best and Worst Traded Stocks
Date added 05-01-2012 - Best and Worst Pre-Christmas Traded Stocks
Date added 30-12-2011 - Trading Winners and Losers for Dec. 12-16
Date added 19-12-2011 - Best and Worst Traded Stocks for Dec. 5-9
Date added 13-12-2011 - Top 3 Best and Worst Traded Stocks
Date added 05-12-2011 - ASX Glitch Trading Halt
Date added 27-10-2011 - Worst Trade Stocks (and the Best)
Date added 06-08-2011
Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)
