PowerX Strategy 2nd Edition: How to Trade Stocks and Options in Only 15 Minutes a Day

If you want to learn a good strategy and get a little motivation as well, its a great read. Markus is great at simplifying things and its easy to hear his voice in this book.

Markus’ book was very reassuring as it felt like he was talking directly to me. I now know he’s been there, done that. This book and his guidance will help me avoid many of the common and expensive mistakes traders make and compress the time to better and easier profits. Thank you for sharing Markus!

There is some really solid advice in here from an obviously seasoned trader whose made the mistakes. Both in general stock trading methodology and money management.

I very much enjoyed this book. The Power X strategy is very close to what I have been trading successfully for the last few years. The part of the book I found most enlightening was the account management portion. This is a part of my trading I have always struggled with and Marcus's advice has helped me refine my strategy. A few weeks in, it has proven very helpful.

I liked it. I follow Markus and his trading videos on FB. PowerX has been helpful. I never used stop losses before and now I do frequently which has saved me a few times!

I thought I was losing my sanity chasing trading strategies and methods left and right, Mr. Heitkoetter has saved my sanity. After reading this book with deep interest and satisfaction, knowing what I have been reading was the Truth, if anyone has been around trading long enough, you will be relieved this method could save your retirement bacon, simple strategy anyone can follow, compete strategy with risk and money management and with a built in psychology to ensure success long term. This one is ROCKwell Solid. Awesome. Thank You. Keep this one by your side.

Markus has a gift of explaining the complex world of stock and options trading in an easy to understand way.His principles seem like a solid strategy to help grow your weath over time. There are also many universal success principles that will inspire you and remind you that mindset truly is the major key.

It's a quick read, but it's to the point. Markus gives a good overview of his trading strategy, but there's not much depth. You will likely need more information resources before you are ready to use the strategy, however it's a fantastic starting point that introduces concepts that a lot of many beginners traders should learn.

After testing this strategy in a paper account for 3 weeks my experience has been that it does not have a positive expectancy. In the best conditions it's very successful, i.e. if the market as a whole is ripping, then the strategy works well, but then what strategy wouldn't work well in those conditions?Using 1 ATR / ADR risk with a 1:2 profit factor for most stocks results in a total of 5 to 10 days wait before the profit target is hit, by which point you will have already experienced one correction in the market which is likely to stop you out of your position.The book is limited on content and would benefit from explaining the entry criteria in more detail, for example do you only enter after a long position following a correction in the major indixes for instance? It also doesn't explain one critical component which is - you need to use stop limit orders for your entry to ensure you only enter a position once a price hits a certain level. For an experienced trader this might be simple but this book is aimed more at somone starting out.I'd like to think that in a few weeks time I'll need to come back and correct this review as I've missed something, but the strategy does seem to be more miss than hit. A 50% win ratio for stocks using this method does not seem realistic.

If you are a beginner for trading stocks & options, get good foundation with this book. Very easy to understand and well explained throughout. Writer also has YouTube channel where you can have an opportunity to view his real time examples.

The market is not a playground or hobby, because there are overwhelming shark attacks waiting for you, look at thousands of charts, find set ups, never stop learning.

The book worth buying, it made of me a better trader with indicators. I’m now interested in other books by Markus.

Simple yet powerful.Money management is very important truly.Good job Markus.I liked your book very much.ThanksRegards,Joel