Much of the text here is already covered in TradeStation's free EasyLanguage reference. The book is sloppily written and edited, and the coding style leaves much to be desired. It is a weird combination of EasyLanguage syntax, trader interviews (get Market Wizards series instead), and a few "winning" trading systems, which really are not winners at all. Basically, the text was cobbled together without any underlying insights into how to really build winning trading systems.

I gave this book the maximum 5 stars because its overall impact on me as a trader was so profound. I would say it catalyzed a revolution in my success rate to such an extent that I now feel capable of making a living at this profession for the first time in my career. Obviously (as the title suggests) the book is primarily about how to use Tradestation software, or more specifically, the programming language that comes with TS known as Easylanguage. Long regarded as an oxymoron by those in the know, 'Easylanguage' is in fact anything but easy...it can be downright daunting at times. But this book really helps to break the ice by enabling dedicated students to get a working feel for the ins and outs of Tradestation and its various idiosyncrasies. Worth the price of the book alone is the chapter about trading strategies (chapter 6), subtitled by the authors "The Big Damn Chapter on Trading Strategies". A word to the wise - the SuperCombo System elucidated in this chapter contains all the elements to propel the reader much closer to that final elusive goal of consistent profitability. Perhaps you will need to modify it a bit here and there to suit your chosen market, but in the final analysis the seed concepts embedded within this single mechanical trading approach are robust and universal enough to grind out real money day in and day out for a long, long time to come. Please don't get me wrong - this is not so much a ready-made formula as it is a theoretical framework which needs to be "fleshed out" through hard work in order to be fully viable. I have always had a great deal of respect for John Hill and George Pruitt, both because of their candor and straightforwardness and because of their willingness to tirelessly follow a lead through to the end in order to discover the truth. "Building Winning Trading Systems with Tradestation" is more than a book about Easylanguage, it is a Magnus Opus of sorts, weaving many different ideas on many different levels in order to reveal a tapestry of trading that borders on something resembling a Rosetta Stone for the aspiring trader. Highly recommended.

When the two biggest names in system tracking get together to write a book, a prudent investor buys.
For the price of a few commissions, this writing has substance.
This is one of the few books that not only demonstrates varias trading systems, but provides one with a CD to download the material!
The systems alone could sell for thousands of dollars apiece.
When the professionals give you this much information, buy.

Robert Estill
Former NBC Sportscaster
Current Active Trader