Top positive review
The book focuses on the story of commodity trader Richard ...
on 15 October 2017
The book focuses on the story of commodity trader Richard Dennis who bet against a colleague that trading was a skill that could be taught, as opposed to an inherent talent. It is primarily written in a chronological format, going through the story of how a group of entirely novice investors were taught to trade by Dennis, to much success using technical analysis (purchasing/selling entirely based on patterns in the price of a product).
After telling the story of the bet/participants, the book describes their further achievements showing how many of them used this knowledge as a cornerstone to become successful traders. It also lays out the major rules and learning points taught within the programme, so the reader can attempt to learn and analyse their validity if they wish. Overall its an interesting read that supports the idea of active trend following within investing.