Entry and Exit Confessions of a Champion Trader: 52 Ways A Professional Speculator Gets In And Out Of The Stock, Futures And Forex Markets

by Kevin J. Davey

Are you looking for trading entry and exit ideas? If so, this book is just what you need. This informative guide includes 41 entry ideas, 11 exit ideas, and code in Tradestation format and plain English for each (NinjaTrader 7 and 8 code available in the complimentary Book Bonuses described in the book). Each entry and exit has been used in actual strategies by Champion trader Kevin J. Davey. Also included are detailed steps for how best to incorporate these entries and exits in your own trading. Start building strategies today with these fully described entries and exits!

100 pages, Kindle Edition

Published April 26, 2019

Reviews

[Cyberjoe · Rating 2 out of 5]

The low price of that book should have been a warning… this is an absolutely random collection of entries and exits - in most cases without any rationale why they should work. Anyone with average brain capacity and/or access to a search engine will find these or very similar entries and exits in minutes. It looks as if the purpose of this book is to add people to the author’s email list.

If you want a better book, try Kevin Davey’s 2014 book on developing algorithmic trading systems.

[Jairo Fraga · Rating 3 out of 5]

This book is a compilation of many strategy ideas for entering or exiting a trade. Albeit being a little crude, it can give one interesting insight or two. As the author points, strategies presented here are an initial step for starting to develop a real strategy, even though it's presented on some strategies, a small equity curve for the naked strategy.

I think the book could be more well done, if the intention was indeed just showing basic entries/exits that could work maybe even solely on it's own, why not putting at least an equity curve for each strategy on some random markets?

I backtested many of those strategies without tweaking, on a small number of markets, but with not any success (but some ideas are useful), that's why it took a bit longer to read this small book.

Average reading time: 5h30m

[Erik · Rating 5 out of 5]

A collection of potential entry points one could use as a foundation for developing strategies.

Out of the box, nothing will work (this applies to this book and pretty much any other free resource out there), unless you get really lucky. To create something potentially one could trust their money on, you need practical knowledge of the development process and reliable robustness testing. This is exactly what the author emphasizes - and it matched my own experience so far.

I used this book as a starting point to learn and refine my approach to strategy development and testing. After months of work, I’m now able to create strategies that can pass out-of-sample and other robustness criteria. There’s nothing inherently special about this book, and no hidden “secret sauce,” but it served as a great shortcut to exploring the many potential ideas (that I have now reused successfully) and possibilities that Easylanguage provides, for a really low price in a single place. For this reason, it gets 5 stars from me.

[Kem Bong · Rating 4 out of 5]

this is a good book for absolute beginners, if you work in tradings already then this provides little info. It is still a good book on entry/exit rules, they are all very basic though, not much "champion" techniques here, you have to combine a groups of entry/exit, test, combine other groups, test, grind and repeat until you find a reasonable system. There is no free meal, the author only provides some ingredients, you gotta work your *ss off to make it profitable ;) At least the author is very up front about it. You need about 100 ideas to have 1 that works and that's pretty optimistic !! A solid 4 star but cant be more than that, sorry Kevin ^^

[Ilia · Rating 3 out of 5]

This book have a number of quite simple entries/exits ideas which should be easy to test. One should consider it a workbook with a set of ideas to include in his/her weaponary of approaches used. I have found a few interesting points which I am definitely going to test over the next weeks/months.

[Zak Brown · Rating 4 out of 5]

A collection of simple entry and exit concepts explained in plain English. These are not strategies to be traded as they are, but rather to be built upon or combined with other concepts. The book sparked ideas for me and I felt it was everything the author claimed it to be.

[Tony Teri · Rating 1 out of 5]

Not worth it. Very hack and lazy recommendation s

[Javier Villar · Rating 2 out of 5]

Now that I've shifted to TradeStation, these things are useful. However, there's no measure of these entry/exit engines performances.

[Bobby Macauley · Rating 2 out of 5]

Mediocre book that would be a great series of blog posts... like most kindle unlimited books. Would love to see each algo as its own post with more data behind it.

[Dave Hoffman · Rating 4 out of 5]

Lots of entry and exit ideas! Quick read, but very valuable in terms of trading ideas.

[Ricardo Crawford · Rating 2 out of 5]

Not bad. I want to try my hand at building strategies

This is a decent book although I've never built a strategy I'm now will to try. Kevin did a great job at explaining the code and he gave plenty examples. I'm going to purchase his other books.
I wish Kevin would have should actual bar charts marked with entries as exits but you can't have it all. Over all I appreciate the work effort and dedication. Nice job Kevin