Prometheus Posted October 18, 2010 Report Share Posted October 18, 2010 Before the era of computers and charts, at the time where the price was all one had to make a decision, how did traders become profitable and successful? Quote Link to comment Share on other sites More sharing options...
tmalone Posted October 18, 2010 Report Share Posted October 18, 2010 Fortunately many of these "old-timers" wrote books that are still available today and they are very much worth the time and effort it takes to read them. Livermore, Wyckoff, Pugh, Schabacher, Dunnigan, etc, are all great reads and, in my opinion, more relevent than most of the indicator-based books and info that passes as trader education today. These men KNEW how to rightly interpret the subtle interplay between price action, volume, and crowd psychology. You are not going to find an indepth and usuable answer on a form. You need to go to the source. mlee 1 Quote Link to comment Share on other sites More sharing options...
mlee Posted October 19, 2010 Report Share Posted October 19, 2010 Fortunately many of these "old-timers" wrote books that are still available today and they are very much worth the time and effort it takes to read them. Livermore, Wyckoff, Pugh, Schabacher, Dunnigan, etc, are all great reads and, in my opinion, more relevent than most of the indicator-based books and info that passes as trader education today. These men KNEW how to rightly interpret the subtle interplay between price action, volume, and crowd psychology. You are not going to find an indepth and usuable answer on a form. You need to go to the source. Yup!! And lots of time drawing/plotting charts etc. by hand. Quote Link to comment Share on other sites More sharing options...
Prometheus Posted October 19, 2010 Author Report Share Posted October 19, 2010 Thanks tmalone. I will look into the authors you mentioned. Quote Link to comment Share on other sites More sharing options...
PhiSquared2618 Posted October 19, 2010 Report Share Posted October 19, 2010 There is a "market wizards type" book describing the techniques of each of the early trading celebrities which has a section for each trader. It's called A Treasury of Wall Street Wisdom - Harry Schultz tradershare 1 Quote Link to comment Share on other sites More sharing options...
Prometheus Posted October 19, 2010 Author Report Share Posted October 19, 2010 That sounds like it will be a good read. Thanks PhiSquared! Quote Link to comment Share on other sites More sharing options...
tradershare Posted October 19, 2010 Report Share Posted October 19, 2010 (edited) There is a "market wizards type" book describing the techniques of each of the early trading celebrities which has a section for each trader. It's called A Treasury of Wall Street Wisdom - Harry Schultz ***Kudos for you*** PhiSquared, could you tell us what year of that book ? I had searched on amazon and got this " A Treasury of Wall Street Wisdom by Harry D. Schultz and Samson Coslow (Apr 30, 2001) " BTW, do you have his spinner indicator or its formular? Thanks in advanced. Edited October 19, 2010 by tradershare Quote Link to comment Share on other sites More sharing options...
PhiSquared2618 Posted October 19, 2010 Report Share Posted October 19, 2010 (edited) That is it. My paper copy is dated 1966 published by Investors Press. It was reprinted by Traders Press in 2001.  I do not know his spinnner indicator. Edited October 19, 2010 by PhiSquared2618 Quote Link to comment Share on other sites More sharing options...
tradershare Posted October 19, 2010 Report Share Posted October 19, 2010 do you have his spinner indicator or its formular? Thanks for your reply. Quote Link to comment Share on other sites More sharing options...
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