Saturday, September 30, 2006

Review : Jens Clever "Master Trader"

Title : Master Trader e-book
Author : Jens Clever
Web-site : http://www.daytradingcoach.com/



This ebook is suitable for active traders who are into day trading, momentum trading.

Mr Jens Clever explained a few ways that he had used to trade with certain successes.

One technique that he teaches is buying when there’s a breakout from a period of consolidation. The other involves buying when a stock pulls back to a support level. Mr Jens Clever explained very clearly how to look for indicators like candlestick formations, support & resistance, volume etc. to confirm one’s entry.

For example, Mr Jens Clever shared that the hammer candlestick is a reversal indicator which might occur at trend bottom, a possible bullish indicator. On the other hand, the shooting star candlestick, also a reversal indicator, might occur at trend top, a possible bearish indicator.

Most importantly, he advised would-be traders where to put in a stop loss to protect every trade’s capital. The in-depth explanation of how to look at Level 2 code to determine one’s trade is useful too.

Generally, I find that this is a very resourceful ebook packed with many good techniques on how to trade stocks based on certain momentum patterns. However, mastering such techniques require a fair amount of trading experiences & familiarization of the various indicators, setups and techniques shared selflessly by Mr Jens Clever. He also mentioned that it takes time to build one’s emotional tuning towards trading. Thus, he advised beginners to paper trade first or trade in smaller lots until one is successful with one or two of the trading techniques and stick to them consistently.

Conclusion : Highly Recommended for active traders who want simple-to-follow techniques to trade stocks based on Mr Jens Clever time-tested momentum patterns & signals. The Master Trader e-book sells for $89 but you can NOW grab this excellent e-book at 1/2 the price at $44.50 by clicking this special link.


Yours Truly
Carol Leng