Product Description
How to tradeand make moneyin today’s volatile market
Making significant money in the stock market isn’t a given. However, investors can greatly increase their odds of success by knowing the basics of how the market works andmore importanthow to trade profitably in the market. Stock Market Strategies That Work goes far beyond other introductory books on the market, explaining in step-by-step detail the specific techniques, systems, methods, and indicators that veteran investors have used for years to prey on the unsuspecting average investor and fatten their own trading accounts. Jake and Elliott Bernstein use numerous charts and graphs to emphasize timing, entry and exit methods, trend analysis, risk management, and other higher-level topics.
Methods covered in this unique introduction to profitable investing include:
- Risk management in today’s volatile market
- Charting techniques to track the consistent big movers
- Finding key entry and exit points using technical analysis
9 Aug
2:24 am on August 9th, 2010
Usually I research investing books before I buy because there is so much garbage out there. I happened to be walking through a bookstore and the cover caught my eye. Unfortunately for me I should have kept to my book buying strategy of researching books online to see what others say before I picked this one up. I thought that a book titled “Stock Market Strategies that Work” would have some specific strategies to find winning stocks, but for only $15 – I wasn’t expecting too much.
What the book has is very basic information on MA, SI, DMI/ADX, and a few others. For each indicator a few sentances on the assets and liabilities are given with a chart thrown in every now and then. The problem is that what is given as a strategy is nothing more than a hint.
The most annoying aspect of this book is its vagueness. They breifly introduce something only to say it will be explained later, I am still waiting for the explaination.
For Example Page 60:
“In order to know exactly when to buy and sell, you will need to be able to define the following variables:”
Trend…
Support…
Resistance…
“The fact is that all three can be ascertained with relative ease. For the time being, suffice it to say that specific methods for doing so will be presented. Our intent at this juncture is simply to introduce you to the concept.”
The funny thing is that Trend, which is fairly important, is listed in the index as only on page 60.
Most everything I have read in this book is available on free websites. A lot of web sites will give you a “investing school” or “training” section that is a tease to get you to subscribe. They usually have basic trending, indicator, or charting information available to anyone. That is what this book felt like. You could google trading strategies and get more indepth information that is given in this book.
There are some good books out there on the subject like High Probability Trading by Link, which I am currently going through again. They explain indicators and actually give some Stock Market Strategies that Work {slight pun intended}.
Save your money on this book.
Rating: 1 / 5
3:07 am on August 9th, 2010
This book is disgusting. Don’t be fooled by the title. I was skeptical, but figured, for ~$15, why not take the chance there might actually be something useful in this book.
This book is nothing but fluff and vagueness. Grandiose claims that go long on promises, but come up short on deliverables. 50% of the way into the text the author is still claiming that more details will be provided later on – by the time you get to the end of the book nothing useful has been provided, just a bunch of buzz-words and phrases to give the illusion that you actually learned something you could apply.
DO NOT BUY THIS BOOK.
Rating: 1 / 5
3:09 am on August 9th, 2010
I read the book and agree with the other reviewer – the book is vague and I got the feeling it is really just a marketing tool to get readers to sign up and pay for their website. DONT WASTE YOUR MONEY ON THIS BOOK! The authors talk a good game in the book but lack the information to back it up – the title and info it says it provides is just not there.
Rating: 1 / 5
5:36 am on August 9th, 2010
Nothing new here. You would expect it to show you how to find winning stocks as it mentions on the cover. They say to use the most active list, then as you get more experienced to use other lists you can find on the net. It gives examples of basic technical indicators, introduces his favorite (moving average channel based on price bar highs and lows). Then says you don’t need a computer to trade. Going to calc these indicators by hand? I don’t think so. There are tons of contridictions on what they say and do. They bash gurus that are on TV, but many will remember Jake’s late night infomercials on seasonal trading.
The chart examples do not accurately show the methods described. Avoid this one.
Rating: 1 / 5
6:15 am on August 9th, 2010
the advice given is the same you would most likely get for FREE from a friend that has done any stock market investing.
Rating: 2 / 5