The Trader's Book of Volume: The Definitive Guide to Volume Trading Hardcover – Illustrated, January 18, 2011

I have purchased quite a few trading books. All trading books usually teach you something. Although if I could do it again I would only purchase about 20% of them. Unfortunately one has to "speed read" the book for about an hour before one can decide if it is worth spending much time on it, even if in my opinion very few books contain only garbage. Up to now my all time favorite were Magee and Edwards (earlier versions) + the usual "reminiscence of a stock operator" and Schwager's for fundamental analysis. "The Trader's book of volume" deserves its place on the "trader's books" Best of the Best shelf!

The Trader's Book of Volumegood discussion of methods for using volume as a guide for trading. not necessarily actionable.

This book offers a most comprehensive one-stop shop focusing on applications of volume toward stocks and stock market trading utilizing technical analysis. From the the basic axiom of 'Volume precedes Price' and Granville's breakthrough technical OBV (On-Balance Volume)indicator.... Leibovit, who has been a respected proponent of volume based technical analysis for over 3 decades has compiled a bible on the important influence of volume on trading markets and trends and the many ways it can be usefully calculated. This book fits every library shelf of market players who use technical analysis.

This book is very good for those who are advanced beginners. It exposes them to many volume concepts and indicators. But it does not introduce any new ideas or information to active and advanced traders. It is much less than what I have expected. It did not add anything to my knowledge. It is also expensive compared to other trading books.

This is really something new. I find that it is well written and clearly thought out. Does it work? Well I am working on that now but it does give a litle more insight as to what volume is trying to tell us. It also goes into simple trading systems.Louis

My 1987 Stock Trader's Almanac was dedicated to THE NEW PROGNOSTICATORS. Mark Leibovit was one of them. I evidently had insight as Timer Digest named Mark the"Number One Market Timer for the 10-year period ending in 2007." For the 10 years ending 2009, he was #2 intermediate Market Timer. He is also their #1 Gold Market timer for 2011.This book should be REQUIRED READING for any one who trades.Yale Hirsch

This book was a disappointing read for me. The author didn't really offer much new. To his credit the book is an expansive presentation to many volume indicators. However, there were many times where I felt that the author repackaged free sites on the internet. The author's book title should be taken in an "encyclopedic" sense not in a "mastery" sense. It will show you how to trade different volume indicators based on popular practice. The author starts the book by stating that he has a proprietary volume indicator, the formula of which is not discussed in the book. He then goes over his many newsletter packages that you can subscribe for to get access to signals from this indicator.The author presents the popular belief that strong volume in the direction of the trend confirms it and that week volume during corrections means the trend will resume. I don't believe in at least the past 3 years that this statement has held up well. There has been many low volume rallies that lasted for extended periods of time. Additionally the author's own examples had many flaws. He would show that volume is supposedly decreasing on a correction by connecting two volume spikes and then state that the volume is decreasing. But the volume is increasing if you look at it generally or look at the period's MA. The two spikes are a phenomenon of their own. The book has many examples were the volume pattern is questionable at best. He also delves into the classic chart patterns like head and shoulders and talks about how volume contracts in the right shoulder but in real life there are so many head and shoulder patterns were volume doesn't confirm them. I want to state that I have been actively trading for 10 years now. If you are a beginner, this book may be a useful read for you.

the & my "traders world" around Volume and volumetrading . For those highly recommended which wish to take advantage of the 5th information marcets share with us (besides OHLC :-) ) Best regards