Bests & Worsts Reviews from Amazon

This book is a lot of Trend Following worship. Are you curious as to why all other systems, especially buy & hold, are lousy? This book spends 100s of pages trying to convince you of that. Examples-after-example of why trend following is the one true faith and all others are false idols. Kudos to the author for doing his homework. He has so much direct and indirect of (presumably) all the leaders in this space. He provides transcripts of first-hand interviews, examples of their funds' return history, and a persuasive tone that will motivate many to believe its the TF-way of the highway. Two main points of concern. The first is the book's editor failed the author. Mr Covel clearly did lot of research and I feel that every single fact, anecdote and piece of data he uncovered is included. Don't equate length of the book to value. Much of the text is verbatim interviews with the TF gurus. Additionally there are so many quotes that they lose whatever motivational or educational value the author intended. Seriously, it feels like at least one per page. If you're reading on the kindle, it's worse. The quotes are interspersed with the text and only italic font distinguishes the quotes from the narrative. Even the author mentioned this is a recent podcast. The second point of concern was my biggest disappointment in this highly anticipated book: the book will not teach you how to be a trend follower. Perhaps it's best to explain by describing what I was hoping to see. Techniques. The author devotes a few pages to describing a system in detail, using moving average crossovers, but does not explain them with the same repetitive, elementary language that he uses to explain why TF is fantastic. The author mentions that traders need a toolkit, but never explains for what should be included in there. He mentions back-testing, but never guides the user how to actually back test a system. Where are the other indicators, their uses, strength/weaknesses? Charts. Charts. Charts. I would welcome the inclusion of charts. Charts on stocks or futures identifying when a TF would have entered or exited and the rational. I found a few charts in Chapter 4 showing entry and exit points, but never why a trade was made at that point. Stories of actual trades: successful ones and why they worked. Failures and what went wrong? Was there a human bias? Did it violate the trader's system? I seriously doubt the author is an TF investor; at least a successful one. It appears to me he makes his living worshiping the TFs and their success not trying to emulate it. If you're interested, I found High probability trading : take the steps to become a successful trader (Professional Finance & Investment) to be a wonderful book that includes all the items I hoped to find in this book (first-person account, dozens of trade examples, details on several indicators, back-testing guide, suggestions on dealing with the human emotions that can hinder any trading system.).