That book is essentially a collection of newspaper horoscopes.
Trading off data and patterns is a valid strategy, but the book you referenced doesn’t show you how to do that. (drawing pictures over charts and making subjective conclusions based on what you drew is not a data driven strategy).
Read the recent book on Rentech (the man who solved the market is the title I believe) to better understand how difficult it is to actually beat the market using data.
Once you read about a firm who has consistently beat the market—-and how tiny their edge actually is—-you’ll put the notion that you have the resources to do so on your own to bed.
Trading off data and patterns is a valid strategy, but the book you referenced doesn’t show you how to do that. (drawing pictures over charts and making subjective conclusions based on what you drew is not a data driven strategy).
Read the recent book on Rentech (the man who solved the market is the title I believe) to better understand how difficult it is to actually beat the market using data.
Once you read about a firm who has consistently beat the market—-and how tiny their edge actually is—-you’ll put the notion that you have the resources to do so on your own to bed.