I really liked this book, personally I thought it would just go into the effects of other markets and the correlations that commodities, currencies, bonds, and stocks have on each other. He did not talk a lot about currency in the book, but he did actually go in depth into sector analysis which is really was beneficial. He also talks about leading, lagging, and coincident indicators which is also very informative.
This audio bible is great. If your looking to make it through the entire bible without getting bored buy this version. It is performed as if almost watching a movie but of course there are no visuals. There were some parts in the beginning where the characters over played their roles but you either get use to it or they get better as they go. It wasn't enough to be bothersome to me just makes you think overplayed for a second. Additionally this is more a version of the bible for making it through the entire book, if your looking to go to exact versus, chapters, books etc. its not organized in such a way to do so.
Great story learned a great deal about true HFT. I'm sure a lot of failed retail traders will use this story as a scapegoat as why they failed or cant beat wall street. Truth is unless your a very short term trader swinging larger lot sizes the details in this story wont contribute to less or more success for most retail traders. The practices that HFT uses does seem a bit unfair but any time an inefficiency is left to be capitalized on someone will do it again the traders hit by this practices would be those with lot sizes too large to be filled by one then hit multiple exchanges at once. Unlike some books this story was easy to listen to and kept me interested, making it hard to stop listening.
This book is great, most already know this is a must read for all traders. I read this book before but I enjoyed it so much that I wanted the audio version also since I don't get time to read but a lot of time to listen. I listen at work, so I listen for upwards of 5 to 6 hours at a time, several hours in I did seem to get a little bored, not sure if its cause I already knew the story or if its the performance of the narrator. Overall though I would definitely recommend this book.
At first when the author mentioned the law of attraction I was thinking oh great just another vague description of this law. I don't believe in the law of attraction in the spiritual or simplified form that is often preached I believe the law is more of a self fulfillment, however my views are another story. This book is great even if you don't believe in the law of attraction the author teaches principles of setting goals and working backwards a completely different approach than I've thus far heard. The author talks about setting goals at multiple levels so you can set goals easy to accomplish and outrageous goals on the same goal, essentially three targets on every goal which I believe is great since goal setting is difficult, do you go realistic or big, well apparently you can go both. Other key points are that working on your goals 1% of the time will get you to 100% I could go continue to go on with the great concepts brought up in this book, but the review would become ridiculously long. I would highly recommend this book as there are just many great concepts to improve your life and work towards your goals/dreams. The only negative in the performance is the chime in the story before every quote and he does recommend his mentor services towards the end of the book.
I hardly believe that this book considered the key point of a MBA educatuon so its a little misleading, but he does present some good business information and key points worth hearing. The first chapter was not necessary if I listen again I will just skip it. The first chapter is about an hr of listening to why a MBA isn't necessary and doesn't make financial sense for most ppl unless you plan on working for a investment bank or prestigious institution.
The story is good, it helps you understand the thoughts and progressions one goes through while developing a profitable market strategy. Although I feel he did do good selecting his stocks, I would say that luck did play a good part as they say when he had a hunch he bet a bunch as opposed to todays recommendations of risk management, so it would be hard to reproduce similar results unless your willing to throw the majority of you funds in just a few positions. Worth the listen still.
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