Skimmed through the Profitable Candlestick Trading: Pinpointing Market Opportunities to Maximize Profits , by Steven W Bigalow. Despite the claims that it would help Investors to “Pinpointing Market Opportunities and Maximizing Profits” it is really hard not to think, that the book is nothing but a quick-fix for a ‘trading-coach’ looking to make a quick buck, when his customers have deserted him.
There is no scientific or testable biases in the book, only a bleak summary of ‘conventional’ wisdom. He presents chart after chart, points out profitable trades, but completely leaves out any testable setups. This book will remain on the shelf and will not probably not even serve as a reference guide. I would only rate this as a useful guide for someone that has a low hurdle for wasting money on non-testable charting.
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