Money-market

Where work the trading system explained in this book???
Don't loose your money and time reading this book

When I first started trading, the concepts in this book were way beyond me.
I tried the LSS system and it didn't work.
Some 14 years later (February 2004), this book is working for me.
Not LSS, but the concepts. They are aimed at the type of market we have right now.
The concepts come from Taylor who documented a three day cycle in the 1960's.
This book describes Angell's spin on it.

George Angell constantly produces hits when it comes to futures investing. From his proprietary LSS system to his down to earth attitude he has my complete professional courtesy.

His book opens the eyes of the average investor and let's it be known that futures are not one dimensional. You have multiple strategies and tools at your disposal to help you succeed. One of those tools is hedging. ... This is a must have book for the novice futures trader.

This book makes you feel like you are side-by-side with Willie thru the planning, bank robberies, getaways, and even prison breaks. It is written in down-to-earth language and makes you feel like Willie is your buddy, and you are sitting there listening to him tell his story. Willie makes you feel like it was okay to rob the banks, and you find yourself rooting for him. It was amazing how his mind worked, so methodically planning breaking INTO the banks, and the same mindset is what helped him break OUT of prison.

"HIGHLY RECOMMENDED"

Where the Money Was by Willie Suton was an excellent book. It takes you through his crimes, escapes, and prison time. I would recomend it to anyone.

Overall, I believe that most Wiley Investment Classics fall into two different categories, books that are indispensable and fascinating reads, and books that are to be purchased, suffered through as long as possible, and then placed on the shelf for display. "Where the Money Grows" belongs in a third cateogry with "Where are the Customer's Yachts" by Schwed - this is a fantastic quick read with some very pointed insight on Wall Street.

This book is best if you actually work in investment banking, and are not an investor looking for financial wisdom. There are some great chapters on the types of people that you run into in the investment banking world, most of which are recognizable to anyone. The chapter on "Wall Street Habits" is a great commentary on the self-prescribed routines of most people in finance. These words still ring true some 70 years after they were first written. Other chapters on "The Hoodoo" about the bad luck deal guy that everybody in banking knows at least one of, are very pointed. Everybody knows the guy that just can't close anything, regardless of how they are involved. I also enjoyed Chapter 8, "The Invisibles," good for anybody who ever wondered who "they" are, as well as Chapter 11, "Taking Trouble Home" which brilliantly illustrates how people often removed from the market are able to see it with greater clarity.

This is a good little book - I recommend reading it.