Trading In the Shadow of the Smart Money Paperback – May 31, 2011

Read this book and see what only 5 % of the traders know. This is The Best And The Most Dangerous Book About The Stockmarket. Reading this book AND understandning it will change your life.

A very difficult book to extract the valuable information. Two things make this a hard book to get useful information. First the graphs are cheap copies that are impossible to read even with a magnifying glass. If you are not using their computer program, descriptions of their computer symbols are confusing and useless. I would not recommend this book unless you are willing to spend considerable effort to dig-out the useful information or have purchased their computer program. I also think a paperback for this price is too much.

The information in this book is badly structured and hard to get the usefull info out of it.He starts of talking about vsa stuff he didnt even explain yet,It seem like the book is designed to give you information and confuse you at the same time, and then sell you his software.and also frustrating to read the definition of what an up-bar is for the 34e time near the end of the book.

Once you've read Trading in the Shadow... you'll see why you're been wrong footed trading so often. A worthwhile read but is it worth the money? Trading books are expensive and I agree with a previous writer about the binding but it'll pay for itself if you're prepared to put the work in and thats what counts. It's certainly changed the way I look at charts.

This book confirms all my suspicions. The markets ARE manipulated. Gavin will explain how and show you how to profit from this.

everyone who is even thinking about trading should first read and understand this proven system of reading the charts.

Download the PDF "Master the Markets" by Tom Williams. It is free and communicates the same methodology in a much more clear, organized manner. If you do some relatively simple web searches, you might Trading In the Shadow of the Smart Money as well...The book is not the worst I have read about the market. However, it is flimsy, disorganized, terribly edited, and pushes the software and core methodology to the point that it undermines the credibility of the author. Some of the charts and transcripts are helpful, but the author spends far too many pages on beating very simple concepts to death. It is a huge waste, and the amount of usable information, while somewhat helpful, is minimal. As another reviewer noted, it takes an inordinate amount of time to extract value from this book the way it is structured.Gavin Holmes is the protege/successor of Tom Williams, who was an apostle of Richard Wyckoff, and the VSA methodology. Sadly, Tradeguider has started pushing products like signal services, that cause me to severely question the value added of their line of products. Please excuse the digression, but it is important background to understanding the motivations behind the release of this particular book.The methodology is useful, but this book, at $50, is a total waste. If you can't find it online, download Master the Markets, and search for VSA on Babypips and ForexFactory, both of which have excellent threads dedicated to the methodology in this book.Also, check out the Anna Coulling Volume "A Complete Guide to Volume Spread Analysis". It is $5 if I recall correctly and is a worthwhile addition to your kindle library, especially as an introduction, if you don't find combing through forums to be convenient.Overall - PASS on this book.

If you are new to trading buy this book. If you have lost money from trading buy this book. If you’re making a few profitable trades and want to make more buy this book. If you do not believe the market is being manipulated by the Smart Money as Gavin Holmes and Tom Williams call it then buy this book.The information in this book is worth every penny spent on it. I have purchased over 45 books now from Amazon on trading this is one of the best books I have come across without doubt. It has reinforced everything I have read about the methods used by Wycoff and Jessie Livermore and many other successful traders using volume and price as their weapons of choice in their battle to take money out of a heavily manipulated market.Gavin Holmes presents this information in such a way so any new trader or anyone thinking of trading in the future can easily follow and understand. Gavin tells you how it is and how you can take advantage of the Smart Money and there manipulation of the market. You do not just have the thoughts and advice from a successful trader and fund manager as Gavin is, you also gain an insight into the knowledge he had passed on to him by renowned expert Tom Williams a Volume Spread Analysis expert. If you buy only one book on trading make it this one. If you are tired of reading the same recycled advice from authors professing to show the next big thing and have given up hope of learning anything new then I would urge you to give this book a go before throwing in the towel. This is the first review I have ever been compelled to write on Amazon. I have not been enticed or requested to write this review it is an honest and true belief from me as a new trader and an avid reader of trading books. Good luck in your trading and may the profits be with you.