Price Action Trading Secrets: Trading Strategies, Tools, and Techniques to Help You Become a Consistently Profitable Trader Paperback – March 28, 2021
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Price Action Trading Secrets: Trading Strategies, Tools, and Techniques to Help You Become a Consistently Profitable Trader Paperback – March 28, 2021

Product ID: 329104942
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Reviews

B**Y

Excellent book, well taught, clear and concise with good tips and lesson. Recommended!

Excellent book on price action trading with many worthwhile tips. This book is focused on beginner to intermediate traders who have had at least some experience in live markets. I've been trading for 20+ years and recommend this book to everyone.

K**N

Top notch

This book does a great job of explaining trading ideas with reason and detail. It is very well written. Plus, Rayner provides videos with equally good information.

D**Y

Not a lot new here, but a good resource

Honestly, I have seen about everything that is in this book watching his YouTube videos. Not a lot of new information. However, I'm still happy with the purchase, because I like having the information in print at my fingertips. As for the information itself, it is clearly and consisely presented, and while basic, does present beginning price action trading strategies well.

B**N

Great place to start

For beginners wanting to learn a simple straightforward way to trade, Price Action Trading Secrets is great place to start. The book is well written and easy to follow. Rayner Teo has also been on YouTube for sometime now teaching the same strategies laid out in his book.

J**E

Great introduction to price action trading

Great for beginners. The person claiming he “doeant (yes doeant) even teach how to draw support and resistance” must have missed the whole page before it that explains it and he was simply saying if you want a better explanation in video form here is a link to watch it…. Not to mention the whole rest of the chapter is dedicated to support and resistance. Yes you can find all this same information for free online but this is organized in relevant order for someone who is just getting into trading so that way they aren’t overwhelmed when they pull up a video or read a book that dives into much deeper concepts. Not to mention Rayner guarantees a refund if you're not satisfied after 60 days, and you keep the book.

F**T

BUUUYYYY IT!!!!!

BUUUYYYYY IT!!!

B**E

Fun to read and informative

Rayner's book is fun to read and informative. He also provides free videos that keep you engaged and help you to learn the concepts he is presenting. I don't know how old Rayner is, but he looks like a young guy. However, it did not take me long to put aside my concerns about learning trading strategies from such a young fellow. He must be an old soul.

D**R

A good intro for beginners to apply some basic trading techniques.

Overall, I don't think there are any real secrets to this book but provides some step by step instruction on how he would do a trade based on price action. It's worth the few dollars. I enjoy Rayner's YouTube videos and bought the book and Kindle version to see what it offered. For a few dollars I think it's a very good deal because there are so called experts out there that want to soak you for hundreds of dollars to teach you the same thing so this is a good place to start.I found a couple of errors that might confuse a new trader but overall the book provides some good examples. The Kindle version is better in some aspects than the book and not as good in others in my estimation as well. The book is poor quality and the graphs are very poor (I had to use the magnifying glass on my phone to see the numbers that he was referring too). Even worse though, the Kindle version doesn't show the prices that he is referring too! WTI figure 8.5 for example where target prices TP1 and TP2 which he says are 58.00 and 63.00 respectively but not shown on the graph. I know I'm being a stickler for detail!Can you actually make money applying the principles that he has provided? That's the real question! I think the most beneficial part of this book is that you have to plan the trade and trade the plan and he gives you some ideas on how to do that. That means sometimes losing and getting out of the trade but the idea is to take a smaller loss than win or at least win more to get the odds in your favor. Also, his explanation of multiple time frame analysis, while short, is key. YI don't like the idea that it takes 100 trades to find out if your system is right or wrong though! The fundamentals he has taught should lead you to an okay trading strategy right away. The biggest problem that he doesn't cover though is how to find these gems to trade and that's where the real work is. Trading as a job or hobby means looking for the setups first and foremost and that takes time and effort. Good luck!

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