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A**D
An indispensable guide making complex trading strategies accessible for investors and traders alike
In the pantheon of financial writing, where many books tread lightly on the promises of their titles only to retreat into vague generalities, Brian Shannon’s Maximum Trading Gains with Anchored VWAP emerges as a beacon of clarity and precision. Unlike the familiar genre of stock trading guides, which often promise—but rarely deliver--on providing actionable insights, Shannon's work stands firmly on the edge, delivering on its claims with meticulous attention to both detail and structure.Like a seasoned architect laying the foundation of a towering edifice, Shannon systematically builds each chapter, layering one concept upon the other, crafting an indispensable roadmap for traders of all calibers. His use of Anchored VWAP (Volume Weighted Average Price) is nothing short of revolutionary, transforming an otherwise esoteric indicator into an accessible and powerful tool for timing entries, exits, and managing risk in volatile markets. The charts, rendered in vibrant color and printed on quality stock, are not mere adornments; they are essential teaching devices, complementing the prose to provide the reader with tangible, actionable strategies. It is rare, in financial texts, to find such harmonious integration between form and function.Shannon’s prose is sharp, almost surgical in its precision, yet informed by a larger plan. Each sentence is honed with purpose, devoid of the padding common among so many works in the field. There is a cadence to the writing that echoes the rhythm of the markets themselves—at once brisk and steady, guiding the reader through complex methodologies without ever losing them in the weeds. This level of editorial skill is unusual in stock trading literature, suggesting a keen eye not just for market movements but for the craft of writing itself.What elevates Maximum Trading Gains above its competitors, however, is its practical application. Shannon provides not only theory but a step-by-step guide to implementation. The book reads less like a manual and more like an ongoing conversation between mentor and student. This comes as no surprise to traders and investors familiar with Brian Shannon’s Alphatrends service or his social media posts, where he has assumed the mantle of a deft educator devoted to sharing invaluable lessons and methods with his subscribers and followers (the reviewer of this book proudly counts himself among them).Concepts are reinforced through repetition, but never in an excessive way. Rather, they are reintroduced at pivotal moments to drive home their importance, ensuring the reader does not simply skim over vital techniques but instead integrates them into their trading practice.Indeed, the power of Shannon’s approach lies in its adaptability across multiple time frames. Whether one is a day trader or a long-term investor, the principles of AVWAP remain intact. This universality, paired with Shannon’s incisive ability to demystify market psychology, makes this volume a veritable Rosetta Stone for understanding price action.For the astute investor or the fledgling trader, this book is not merely a tool but a companion, one that will likely remain dog-eared and annotated through countless trading cycles. If there is one book to buy this year in the realm of market strategies, let it be this. Shannon’s contribution to the canon of trading literature will undoubtedly become a cornerstone for years to come—a modern classic in a field so often bogged down by mediocrity--Gavin Spence
J**E
Makes a powerful, yet easy to use, tool available to any trader in many scenarios.
After following Brian Shannon on X, @alphatrends, and seeing a lot of value in his content there, I decided to buy his book on using the Anchored VWAP. Brian's book makes the topic very clear and actionable for both the novice and intermediate trader. Brian gives many examples of how this powerful tool can be used in a trader's toolbox. The book itself is also well put together, with clear colored charts to show potential entries and exits around "levels of interest" as examples when using the Anchored VWAP in several different scenarios.Based on my positive experience with this book, I am planning to buy Brian's other book, "Technical Analysis Using Multiple Timeframes," next.
H**E
From an Old Veteran Trader, this book is well made.
I've been trading since 1980. The secret to my success is this: keep it simple stupid. Trading % moving stocks can be easy, or hard, depending on your ability to read the market. Every day I classify the market by the relationship of volume to price. 80% of the time the market will go sideways near resistance or support.The Morning Gap in the SP500, QQQ, and IWM should work together UP or Down. The size of that GAP is what you classify, for its the key to whether the market will continue in the direction of the GAP, or the market will reverse, fill the gap from yesterday's close. Market volume reversals can identify a change in the trend. The biggest moves are early in the trend, or late in the trend. ANCHORED VWAP is now available on stockcharts.com and its a great way to analyze price/volume divergences. I look at the BAVD.NQ and BAVD.NY for patterns and swings. And I look at OBV using a KELT BAND. This ANCHORED VWAP book gave me a lot of additional information for trading key turning points, so its a money maker. The SAMURAI BELT is a favorite trading pattern, near R1 or R2 on a 2min chart. If the VWAP crawls up there in a trending market, the market is getting late in the momentum of that trend. The same goes in higher time frames. Wonderful. If you apply the VWAP to BAVD.NY or BAVD.NQ you will get amazing results. So, my daily routine is to map out the pivots, check where the VWAP happens to be, and it's near R1 or R2, then any GAP OPEN of the SPY above that may have a few dragonflies (candlesticks) near resistance, or go up a bit, then it will reverse for a big drop. Like throwing the Samurai out of the ring by his grabbing his belt. I do the same after a couple of days, bear days, and the SPY gaps below S1, or S2, in a higher time frame. Then, the VWAP is the trailing moving average. On an extreme capitulation day, volume is extreme to the downside, and that leads to an explosive volume reversal that catapults the SPY over the VWAP. It's all about classifying the GAP and understanding the price and volume structure of the market. Volume profiles help you to look at support and resistance areas. I also use PnF charts and trend lines which incorporate fibonacci patterns. If a market rallies big, don't try to short this market, even in the afternoon, unless the volume reverses. Markets rarely reverse big rallies. But it the market collapses, that is an opportunity to buy the dip by the afternoon. ANCHORED VWAP should be your docent.
J**O
The Best
Been Trading 4 Years Without Consistency. On The Verge Of Quitting. I Had Heard Of The VWAP But Never Anchored. Read It And Read It Again. My Trading Has Taken A Leap Forward And I've Picked So Much More Consistency. Is It Magic? No. You Must Apply Yourself. But You Finally Have A Real Map...
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