I just finished this well written and very entertaining book. There are a lot of lessons to be learned but the following quotes stuck with me the most:
The following is from page iX in the Preface:
” If I did hold an ” open sesame ” to the markets, I would not share it. ”
The following is from page X in the Preface:
” … it is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book ”
” Most of the knowledge for sale has no science behind it ”
The following is from page 402:
” Does it never occur to these seminar participants that anyone who truly had a system to beat the markets would never waste time and money in marketing such a wonder ? ”
The chapter on Deception and Charts , especially lesson 5 : Deceptive Technical Patterns is worth the time to read this book.
Candlestick Analysis Punishment is also an eye opener.