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Magic of Moving Averages
Scot Lowry spent years of researching and testing various methods and systems for futures trading. The moving average system, which is described in detail in this new book, is an eminently practical and logical approach to successful trading. It is the result of Lowry's painstaking research, easily understood and fully explicit. It is geared toward the novice as well as the professional trader. The reason for writing this book is twofold: first, after years of studying charts, he was able to identify an occurrence in market trading that can almost ensure high returns with minimal risk. This approach to trading is very clear and easy to understand. It leads to the second reason for writing this book. For a long time, he felt this system was too simple to warrant a book, but over time, he became increasingly convinced that the system you are about to learn has been overlooked by the vast majority of people. Why haven't more people seen this? More often than not, people do not see the forest for the trees. In other words, the trading plan you are about to see is so simple that it defies logic. It is not complicated, it is not time consuming and it has no difficult formulas to try and understand. It is an easy, layman's approach to profitable trading in the futures markets.
- From: Amazon
- Posted: Sep-22-2008
I read the book and I'm still not rich
It's just another system book and I've read most of them.There is no system to beat the market. If there were the market wouldn't work. If you'r just getting started in stock trading and want to read some systems then go ahead and read it but don't expect to find the magic bullet that will make...
Read full review | Report as inappropriate- From: Amazon
- Posted: Jan-20-2008
Not a leading edge indicator
If you are looking for a leading edge indicator this might not be your best bet....Moving averages are lagging indicators and by the time you get into some of the moves you are getting in after a lot of people are already in making it a high risk proposition.Also remember that moving averages do...
Read full review | Report as inappropriate- From: Amazon
- Posted: Apr-28-2007
Nice System!
I think the reason this book has been ripped by the other reviewers is,,because its TOO EASY! People make trading alot harder than it needs to be, so when they are presented an EASY trading system they say, "No freaking way is it THAT easy!" But it is just THIS EASY!!! The problem isnt the...
Read full review | Report as inappropriate- From: Amazon
- Posted: Jul-18-2003
the worst book ever!
how can any one give it more then one star, it shouldn't even get that. this book is a small one, it's mostly charts with nothing to read. there's one page that printed 30-or so times, why? if I wanted that I can copy the page myself
Read full review | Report as inappropriate- From: Amazon
- Posted: Mar-11-2002
Not recomended
If you want know about general use or MAs, run away from this book. I'm still looking for a good one, but definetly this one is the worse.It gives some good clues about using MA, specially for trading futures, but nothing say on stocks.The pattern suggested by the author is based only in his...
Read full review | Report as inappropriate- From: Amazon
- Posted: Feb-21-2002
Not recommended
I bought this book thinking it might be about the general use of moving averages for trading. It is not. The author describes a single setup opportunity which he describes as happening very rarely. This book could be of some help to people who trade multiple markets using daily charts. To those...
Read full review | Report as inappropriate- From: Amazon
- Posted: May-30-2000
Almost Holy Grail
I'm sure it is almost holy grail and perfect. I've found a lot of profitable patterns he described in his book. I regret that I have not read this book before. His trading systems or patterns are alive in any market we can grasp. I recommend his book as the magic tool in trading market. Again,...
Read full review | Report as inappropriateMoreStores
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