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Review: Very helpful and informative - This book is really very informative and helpful for people who are into trading. Many people lose a lot of money by investing in wrong places at wrong time. This book is a step by step guide towards analysing the stock market and deriving maximum benefit. The book is divided into five chapters. Each chapter deals with a particular aspect of breakout trading. The book explains concepts such as smart and dumb money, true and false breakouts, trend lines et cetra. Each chapter is nicely organised, with a summary at the end of each one. There are many graphical and diagrammatic illustrations which portray a clear picture to the readers. Unlike most other relevant books, this book has a practical approach instead of simply providing theoretical solutions and that is what has made it more user friendly. The language is simple and easy to understand. Overall it's a very well written and informative book! Go for it! Review: Very helpful, gives you a basic understanding - HOW TO MAKE MONEY WITH BREAKOUT TRADING by Indrazith Shantharaj Honestly, I am quite interested in the trading market. And for some reason, as though I had manifested it, I got the opportunity to read the book. It serves as a guide to those wanting to invest money in the market. It mainly focuses on breakout trading. The book is clearly divided chapter-wise into important topics. At first, it dives into various definitions used in the trading market to familiarise the readers with them. It defines the term 'breakout trading' and goes on to focus on how one can use it to his/her advantage. It later discusses in detail how to decide general breakout and to distinguish it from a false breakout. It talks about how one can avoid making mistakes and reduce their chances of losing money in the market easily. The author has illustrated information using charts and examples which did help me a lot in grasping the concept better. The last few chapters are dedicated to FAQs and doubts most of us would have. These chapters proved to be quite helpful. All in all, it was a good read, one that I will be making notes in, to refer later as I have been wanting to try my hands at trading. I would recommend the book to people with similar mindset, looking for their doubts on breakout trading to be cleared! __________
| Best Sellers Rank | #9,228 in Books ( See Top 100 in Books ) #276 in Analysis & Strategy #652 in Self-Help |
| Customer Reviews | 4.2 out of 5 stars 3,527 Reviews |
A**A
Very helpful and informative
This book is really very informative and helpful for people who are into trading. Many people lose a lot of money by investing in wrong places at wrong time. This book is a step by step guide towards analysing the stock market and deriving maximum benefit. The book is divided into five chapters. Each chapter deals with a particular aspect of breakout trading. The book explains concepts such as smart and dumb money, true and false breakouts, trend lines et cetra. Each chapter is nicely organised, with a summary at the end of each one. There are many graphical and diagrammatic illustrations which portray a clear picture to the readers. Unlike most other relevant books, this book has a practical approach instead of simply providing theoretical solutions and that is what has made it more user friendly. The language is simple and easy to understand. Overall it's a very well written and informative book! Go for it!
B**S
Very helpful, gives you a basic understanding
HOW TO MAKE MONEY WITH BREAKOUT TRADING by Indrazith Shantharaj Honestly, I am quite interested in the trading market. And for some reason, as though I had manifested it, I got the opportunity to read the book. It serves as a guide to those wanting to invest money in the market. It mainly focuses on breakout trading. The book is clearly divided chapter-wise into important topics. At first, it dives into various definitions used in the trading market to familiarise the readers with them. It defines the term 'breakout trading' and goes on to focus on how one can use it to his/her advantage. It later discusses in detail how to decide general breakout and to distinguish it from a false breakout. It talks about how one can avoid making mistakes and reduce their chances of losing money in the market easily. The author has illustrated information using charts and examples which did help me a lot in grasping the concept better. The last few chapters are dedicated to FAQs and doubts most of us would have. These chapters proved to be quite helpful. All in all, it was a good read, one that I will be making notes in, to refer later as I have been wanting to try my hands at trading. I would recommend the book to people with similar mindset, looking for their doubts on breakout trading to be cleared! __________
N**L
Short but impactful read for beginners
A short but interesting book. It would definitely help beginners in trading. The author's readiness to help the readers by agreeing to evaluate their methodology is great and he deserves hyde appreciation for that
V**Y
Must read book for beginners on positional trading
I have been trading for more than an year now and I have tried out quite a few positional trading techniques like RSI based, EMA Based, candle stick pattern based... I was trying the breakout or trend line based concept as well but I was finding it difficult to identify proper breakouts from the charts. This book is so well written that it gives all the information about trendlines in a crisp and clear fashion which is very easy to understand. Pros: 1.Trendline breakout concept is explained in a never before simple fashion. 2.Charts shown in every chapter helps to understand the concept very well 3. A kind of a rule based approach to identify proper breakouts is mentioned in the book which gives an objective way of deciding on script selection 4. The main points like how to identify entry point, SL, exit point, TSL is clearly provided with multiple chart examples 5. Risk management and position sizing is also covered which makes it a complete book covering all aspects of a trading system Cons: 1.Formatting seems to be an issue where we see some of the paragraphs and chapters not aligned properly. 2.A bit more information could have been provided on ideal set of stocks(like nifty 50, FnO, nifty 500) where we can find a better movement of price respecting the trendlines. Overall, considering the information contained in the book, the Cons can be clearly overseen and this is a highly recommended book for someone who wants to start with positional trading.
A**Y
A decent book but not worthy enough
If you are looking for any trading system here then you will be disappointed. Also, it’s not about INTRADAY trading concepts rather more about SWING trading that too with minimum knowledge.
N**H
Money management
Name-How to make money with breakout trading. Author- Indrazith Shantharaj ⭐ My 10 learnings from this book- 1- Trading has been just a probability game and not a prediction game. 2- When you think you know everything in the market, the next day you lose big money. 3- Profit in trading is inversely proportional to your ego. 4- The concept of smart money and dumb money. 5- Trend line. 6- Real Breakout and False breakout. 7- Execution matters a lot in trading-(TRADING PLAN) 8- Stop loss. 9- Maintain a trading journal. 10- Top 10 Questions and Answers on Breakout Trading ⭐ The best part of this book is the charts that can easily illustrate the idea behind any strategy and the question-answer session which is given in the last chapter. This question-answer session contains the 10 most important questions regarding trading and money management. This book is especially for Indian small investment traders, and helpful to learn the Breakout technique and money management, this book contains many helpful and practical important strategies which are used during the trading sessions. ⭐ The language of the book is very simple and easy to understand. The title of the book itself reflects the strategy which we can learn in this book. I recommend this book to all small investment traders and beginners.
N**A
Helpful read
HOW TO MAKE MONEY WITH BREAKOUT TRADING. Author: Indrazith Shantharaj Breakout trading is totally a new concept for me and this book enlightened me with the knowledge of Trading and some of it's components. It is a practical guide to help beginners start navigating the world of trading . Author begins the book explaining his quest to find the answers to his questions. He begins with the explanations of Breakout trading using graphs. The difference between dumb money and smart money was explained elaborately. He also explained the three critical components of breakout trading with required graphs and examples. The book is written in a pretty simple language hence it's easy to understand. Every topic is explained elaborately using required graphs. Concept of the book is unique. It is a short read of 66 pages and can be read in an hour or so.
A**R
Waste of money. Totally not worth the price.
Totally not worth the price. Very basic concepts that you will get free on internet and youtube with better examples. No research done while writing this book. Plz do not waste your money.
Trustpilot
2 weeks ago
2 months ago