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The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market
Pat Dorsey Manufacturer: Wiley ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0471686174 |
Book Description
The Five Rules for Successful Stock Investing"By resisting both the popular tendency to use gimmicks that oversimplify securities analysis and the academic tendency to use jargon that obfuscates common sense, Pat Dorsey has written a substantial and useful book. His methodology is sound, his examples clear, and his approach timeless."
Christopher C. Davis Portfolio Manager and Chairman, Davis Advisors
Over the years, people from around the world have turned to Morningstar for strong, independent, and reliable advice. The Five Rules for Successful Stock Investing provides the kind of savvy financial guidance only a company like Morningstar could offer. Based on the philosophy that "investing should be fun, but not a game," this comprehensive guide will put even the most cautious investors back on the right track by helping them pick the right stocks, find great companies, and understand the driving forces behind different industrieswithout paying too much for their investments.
Written by Morningstar's Director of Stock Analysis, Pat Dorsey, The Five Rules for Successful Stock Investing includes unparalleled stock research and investment strategies covering a wide range of stock-related topics. Investors will profit from such tips as:
Informative and highly accessible, The Five Rules for Successful Stock Investing should be required reading for anyone looking for the right investment opportunities in today's ever-changing market.
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OVER the years, people from around the world have turned to Morningstar for strong, independent, and reliable advice. The Five Rules for Successful Stock Investing provides the kind of savvy financial guidance only a company like Morningstar could offer. Based on the philosophy that "investing should be fun, but not a game," this comprehensive guide will put even the most cautious investors back on the right track by helping them pick the right stocks, find great companies, and understand the driving forces behind different industries-without paying too much for their investments. Written by Morningstar's Director of Stock Analysis, Pat Dorsey, The Five Rules for Successful Stock Investing includes unparalleled stock research and investment strategies covering a wide range of stock-related topics. Investors will profit from such tips as: How to dig into a financial statement and find hidden gold . . . and deception How to find great companies that will create shareholder wealth How to analyze every corner of the market, from banks to health care Informative and highly accessible, The Five Rules for Successful Stock Investing should be required reading for anyone looking for the right investment opportunities in today's ever-changing market.Customer Reviews:
Great, easy to read book........2007-06-27
KHALID, from Kuwait.......2007-05-30
good book.......2007-04-20
Excellent Book For People Comfortable With Math.......2007-04-03
Book that will give you basis for your decision.......2007-04-02
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Truth of the Stock Tape: A Study of the Stock and Commodity Markets With Charts and Rules for Successful Trading and Investing
William D. Gann Manufacturer: Lambert Gann Pub ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 093909312X |
Customer Reviews:
THE SECRET IN THIS BOOK CAN UNRAVEL MODERN MARKETS.......2000-07-09
Overkill on great ideas.......2000-03-13
ONE OF THE BEST BOOKS YOU CAN READ ON TRADING STOCKS.......1999-07-29
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Rule the Freakin' Markets: How to Profit in Any Market, Bull or Bear
Michael Parness Manufacturer: St. Martin's Press ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0312282567 |
Amazon.com
Those who can ignore the rather garish cover on this book will find a solid, straightforward guide to making winning trades in even the most bearish of markets. The author, who millions of insomniacs know through his middle-of-the-night infomercials, writes with a highly personal voice that some may find a bit grating, but his rags-to-riches story is compelling and needs to be told.In a nutshell, Michael Parness went from living on a park bench in Brooklyn to a summa cum laude degree from Hunter College in New York City to founding a successful sports memorabilia company. After making $150,000 in that business, he followed his broker's advice in 1998 and ended up losing virtually his entire nest egg. Since then, he has invested carefully after studying media reports and understanding "market psychology." Now a broker-averse multimillionaire, he shares with readers a number of strategies that have worked for him in both bull and bear markets.
Augmented with exercises that truly help readers determine their own level of risk aversion, this guide shows online traders and, particularly, investment clubs exactly how market psychology drives daily and cyclical market moves. As Parness says, "I'm not mechanical, and I'm not good at figuring out technical stuff like computers or plumbing or chain saws, but I can figure out how things measure up in terms of probability. And probability is what trading is all about."
A few too many ka-chingos and wowsas mar an otherwise informed writing style, but nevertheless the book offers some excellent insight into how the market actually works, and how one can make money using that insight. Those looking for a serious study of economic trends and forecasts may want to look elsewhere, but readers interested in a breezy, anecdotal read about market bubbles and bursts will be entertained and more than likely enlightened. --Charles Decker
Book Description
In 1998, Michael Parness was a struggling playwright and screenwriter who was leaving the stability of his successful sports memorabilia business to write full-time. Following the advice of a stockbroker, he invested his nest egg of $150,000. But the October 1998 crash gutted his portfolio by 80% and his stocks failed to recover. With virtually no income and no financial cushion, he found himself in a tiny low-rent apartment with time to think about what had happened, and, eventually, enact financial revenge. In January 1999, he opened an online brokerage account and set out to get his money back. And in fifteen months, Michael Parness turned $33,000 into seven million dollars, started the online trading website www.trendfund.com where thousands of traders Rule the Freakin' Markets with him, and had his life story optioned by a major Hollywood producer!In Rule the Freakin' Markets, Michael Parness uses visual aids combined with practice exercises to show online traders and investors how to: *Practice responsible trading techniques that maximize reward and limit risk *Avoid the "7 deadly sins plus fear" that block success in the market *Protect investments no matter what the market does *Understand how market psychology drives daily and cyclical market moves *Avoid the pitfalls of trading in cyberspace *Recover and learn from significant losses *Strategize and anticipate, rather than overreact or freeze when change occurs *And finally, live full and satisfying lives as tradersWith its lively tone and refreshing approach to trading and investing, Rule the Freakin' Markets is an essential guide for online traders and investors alike.AUTHORBIO: Michael Parness has been featured in The Wall Street Journal, Forbes, Money Magazine, and the New York Post, been interviewed on Bloomberg Radio, and makes regular appearances on CNNfn's The New Show, Fox News Bulls and Bears, and other television shows. He lives in New York City.Customer Reviews:
Many Happy Returns!.......2007-08-03
Great for beginners.......2007-05-28
An HONEST, objective review: THIS BOOK IS JUNK!.......2007-04-01
Not bad, not really good, just...okay.......2007-01-13
If you are Trading in the Market, you are mad not to read this........2006-11-07
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New Stock Trend Detector: A Review of the 1929-1932 Panic and the 1932-1935 Bull Market : With New Rules and Charts for Detecting Trend of Stocks
W. D. Gann Manufacturer: Lambert Gann Pub ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0939093162 |
Customer Reviews:
You must have this book!.......2003-10-26
THIS BOOK EXPLAINS GANNS RULES VERY WELL.......1998-07-24
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Trading Rule That Can Make You Rich: Precision Bid Commodity Trading
Edward D. Dobson Manufacturer: Traders Press ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0934380031 |
Book Description
Discusses a simple, but effective system for timing market entry. Based on a technique used by the legendary W. D. Gann, who said of this method, "You can make a fortune by following this one rule alone!" Incorporates a technical trading rule, which utilizes a consistently competitive pattern of market behavior. Applies to all markets and to all time periods, whether short term (intraday), intermediate, or long term. Many traders have contacted us months after reading this book and told us it was one of the most useful books on trading they had ever read.Customer Reviews:
Mischievingly over[priced.......2007-09-18
Very basic .......2006-10-26
A Practical Manual.......2003-07-15
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Stock Market Rules
Michael Sheimo Manufacturer: McGraw-Hill ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0071445870 |
Book Description
Unwritten rules of Wall Street--what works, what doesn't, and how investors can tell the difference
Investing is governed by unofficial rules, passed to investors through brokers, the financial press, and even fellow investors. For more than a decade, in two previous editions, Stock Market Rules has helped investors separate the most valuable of these maxims from the meaningless and even potentially harmful. But with recent market turbulence and scandals blindsiding millions of investors, the time has come for a new, updated edition.
Stock Market Rules, Third Edition, is that book, an in-depth, up-to-date examination of the 50 axioms that will most help investors gain the edge in today's technologically supercharged markets. Investors needing authoritative, hands-on guidance will look to this updated edition for its:
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Unwritten rules of Wall Street--what works, what doesnt, and how investors can tell the difference
Investing is governed by unofficial rules, passed to investors through brokers, the financial press, and even fellow investors. For more than a decade, in two previous editions, Stock Market Rules has helped investors separate the most valuable of these maxims from the meaningless and even potentially harmful. But with recent market turbulence and scandals blindsiding millions of investors, the time has come for a new, updated edition.
Stock Market Rules, Third Edition, is that book, an in-depth, up-to-date examination of the 50 axioms that will most help investors gain the edge in today's technologically supercharged markets. Investors needing authoritative, hands-on guidance will look to this updated edition for its:
Customer Reviews:
Helpful.......2006-06-22
I couldn't get into this book.......2006-01-08
Just OK - shallow content and poor editing.......2005-08-24
Superb Stock Trading How-To .......2005-07-19
So Now You Know Why..........1998-10-05
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Is the American Dream Killing You? : How "the Market" Rules Our Lives
Paul Stiles Manufacturer: Amazon Remainders Account ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: B000GG4LSK |
Customer Reviews:
No Comebacks (Revised).......2007-10-24
Sorry, fallacious and ignorant. Author buys into media hype........2007-08-07
An example that proves he is right........2007-03-06
The Man Behind the Curtain Exposed.......2007-02-04
A Clarion Call Against the Excesses of Modern American Capitalism.......2006-05-27
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Rules of The Trade: Indispensable Insights for Online Profits
David S. Nassar Manufacturer: McGraw-Hill ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0071354638 |
Book Description
The concise, common-sense insights of a day trading proSome traders spend thousands of dollars attending training seminars. If you don't have the time or resources for that, pick up Rules of the Trade instead. This reliable, no-nonsense guide distills the insights of several online trading experts into one short, quick, and easy-to-read book that not only lists the rules, but explains what the rules mean, why they’re important—and the high costs of overlooking them even once.
Packed with real-life examples to illustrate key points, this book— written by David S. Nassar, author of the bestseller
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Customer Reviews:
However, I have been very disappointed because the content does not reflect the attractive title and description. The book is almost 100% for daytraders trading with level II screen. This is not said anywhere. "Online" does not mean exclusively daytrading to my opinion. It keeps on repeating "be disciplined" to fill space. One of the example of trade record given does not fit the explanation given in the text. For example, the trader made most of his profit in a single swing trade lasting several days whereas Nassar wants to show us that the guy is a good daytrader...
Another interesting thing: This book is not for beginners but it describes in fact very general basic rules... in a tough style that assumes that the reader already knows almost eveything.
When you read the table of contents, it looks great: how to enter, to exit, etc... but none of this is given in the book. No techniques are given.
Conclusion: This book could be fine if the description was fitting the content. It is for daytrader watching level II screen and who trade instinctively.
The problem with writing a book about trading strategies or systems is that the markets are constantly changing, and trading systems become obsolete and must evolve over time. What doesn't change is the emotions and psychology of the people who compose the markets. The author states numerous times that trading is about 90 percent mental. While this is in fact correct, he then only briefly touches on the mental and psychological barriers that must be overcome in order to trade successfully. The best books on trading understand this, and are devoted almost totally to this subject.
There are also numerous inaccuracies. At one point, he details a month of trades from an "anonymous" daytrader who allegedly made 731 trades during the month, of which 377 were winners, with those trades averaging $93.03 profit. He then claims the trader netted $68,001.35 for the month. If you think about it for a minute, this is a mathematical impossibility. Also, he makes the typical mistake in believing a broadband connection is necessary to receive timely streaming quotations. Broadband speeds up downloads only with large size files. Streaming quotes do not fall into this category. I have timed my quotations against a T1 connection using an atomic clock accurate to 1 millionth of a second and have detected no difference. I do not use broadband, as it is not available in my area.
If in fact the author is a successful trader, it would have been much more productive for him to detail his own evolution as a trader, as well as the evolution of other specific successful traders he has known. This is the information that would be most useful to new traders. Unfortunately, the author only briefly discusses a few of his own trades, and gives no information whatsoever on the path he traveled to reach competence, assuming he has reached that level. It would also be interesting to see how he is trading in the post-bubble market, if in fact he is still trading successfully.
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Recommended Books
One of the best.......2006-03-27
This book is nothing BUT valuable nuggets. It is well thought-out and well written by a widely recognized successful trader/trainer/manager. It really captures the essence of what short-term trading is all about, of which daytrading is a major component. It's a trading book for traders by a trader. Those just wanting to swing-trade, well, ...good luck. Professional traders trade, period. Good swing trades are found by actively trading, from a daytrading perspective.
Yes, the trading landscape has changed when we went to decimals - for the better! What is discussed in this work transcends the eras. Therefore I consider it to be a 5-star classic. It is not for beginners, it is for stock traders who are constantly wanting to improve. It does not give specific trading set-up tactics that become outdated.
Not much has fundamentally changed in the markets since the tech bubble. Those mastering the concepts in this book will be ready to get rich from the next wave of irrationality in the market, whichever way it goes, and in the meantime can still make a nice living. It belongs on your shelf if you are serious.
[...]
A NEW EDITION WOULD BE WELLCOME.......2006-02-25
another nassar piece of garbage.......2005-12-30
Mismatch between Title, book description and content.......2004-01-06
not particularly useful.......2003-09-19
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History: Fiction or Science? Dating methods as offered by mathematical statistics. Eclipses and zodiacs. Chronology Vol.I
Anatoly Fomenko
Manufacturer: Delamere Resources
ProductGroup: Book
Binding: Paperback
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History: Fiction or Science? Chronology 2 (Chronology)
History: Fiction or Science? Astronomical methods as applied to chronology. Ptolemy's Almagest. Chronology III
Discovering the Mysteries of Ancient America: Lost History And Legends, Unearthed And Explored
Before the Pharaohs: Egypt's Mysterious Prehistory
They Cast No Shadows: A Collection of Essays on the Illuminati, Revisionist History, and Suppressed Technologies
ASIN: 2913621074
Release Date: 2007-03-19
Has history been tampered with?.......2007-10-23
The history of humankind is both drastically shorter and dramatically different than generally presumed.
Why is it so? On one hand, it was usual custom to justify the claims to title and land by age and ancestry, and on the other the court historians knew only too well how to please their masters. The so called universal classic world history is a pack of intricate lies for all events prior to the 16th century. World history as we learn it today was entirely fabricated in the 16th-18th centuries. It's likely that nobody told you before, but
there is not a single piece of firm written evidence or artefact that is reliably and independently dated prior to the 11th century.
Naturally, after what you've learned in school and university, you will not easily believe that the classical history of ancient Rome, Greece, Asia, Egypt, China, Japan, India, etc., is manifestly false.
You will point accusing finger to the pyramids in Egypt, to the Coliseum in Rome and Great Wall of China etc., and claim, aren't they really ancient, thousands of years ancient? Well, there is no valid scientific proof that they are older than 1000 years!
The oldest original written document that can be reliably dated belongs to the 11th century!
New research asserts that Homo sapiens invented writing (including hieroglyphics) only 1000 years ago. Once invented, writing skills were immediately and irreversibly put to the use of ruling powers and science.
The consensual chronology we live with was essentially crafted in the 16th century by the Jesuits.
The world history was compiled from contradictory mix of innumerable copies of ancient Latin and Greek manuscripts and other irrefutable proofs delivered by late mediaeval astronomers that were cemented by the authority of writings of the Church Fathers.
Early in life, we learn about ancient history. Children love the magical lessons of history - they are like fairy tales. Teachers recite breathtaking stories; very soon We learn by heart the names and deeds of brave warriors, wise philosophers, fabulous pharaohs, cunning high priests and greedy scribes.
We learn of gigantic pyramids and sinister castles, kings and queens, dukes and barons, powerful heroes and beautiful ladies, emaciated saints and low-life traitors.
Ancient history is based documents, manuscripts, printed books, paintings, monuments and artefacts - called primary sources.
The problem is that neither these ancient documents, nor events described therein can be irrefutably dated, moreover they contradict each other for the most part.
When a school textbook tells us that Genghis Khan in year X or Alexander in year Y, have each conquered half of the world, it means only that it is so said in some of the written sources.
There are no answers to simple questions:
When were these primary sources written?
Where and by whom were these sources found?
It is wrongly presumed that ancient and medieval chronicles, written by Genghis Khan's or Alexander the Great contemporaries and eyewitnesses, are readily available. Actually, only sources written hundreds or even thousands of years after the events are there, compiled mostly in the 16th 18th centuries, or even later.
As a rule, these sources suffered considerable multiple manipulations, falsifications and distortions by editing. At the same time,
innumerable originals of ancient documents under various pretexts were destroyed in Europe under various pretexts.
The names of persons and geographical sites often changed meaning and location during the course of the centuries.
Geographical locations became clearly defined on maps only with the advent of printing.
This made possible the circulation of identical copies of the same map for purposes of the military, navigation, education and governance tasks.
Historians from Oxford say: "hey, everybody knows that Julius Caesar lived in the first century B.C.
`Julius Caesar' statement is only a point of view as
there is simply no irrefutable documentary proof that Julius Caesar or any other great name of antiquity ever existed.
Better than that - extremely rare sources that can be reliably dated back to the 10th-14th centuries A D, do not show the polished picture of classical history.
They show a picture both contradictory and confusing.
All methods of dating of ancient sources and artefacts are erroneous:
Radio-carbon C14 method produces dating with exactitude of plus minus 1500 years, therefore it is too crude for dating of events in historical timeframe!
The Almagest tractate, which lies as corner stone contemporary chronology, compiled in the 2nd century A D by Ptolemy, the founding father of astronomy, contains astronomical data of 9th to 16th century!
The Bronze Age,that has supposedly began 5000 years ago. Bronze is made of 90% copper and 10% tin, but the technology for tin extraction dates back to 14th century A D!.
All eclipses contained in manuscripts, like Thucydides one, relating 'ancient' events have exclusively medieval dating. All horoscopes cut in stone or painted in Egyptian temples, like Dendera have exclusively early medieval dating solutions.
Not quite what you have learned in school? Open your eyes, and, you will find sufficient proof to reach step by step the inevitable conclusion that the classical chronology is false and therefore, that the history of ancient and medieval world universally accepted today, is also false. Have a fresh outlook on everything said or printed about "ancient" and "enigmatic" Roman, Greek and Egyptian, medieval as well as all other "lost and found" civilizations.
Antiquity and Dark Ages are phantoms invented in the 16th 18th and polished in 19th 20thcenturies. Human civilization is in fact barely 1000 years old!
This book will change your perception of History forever!
What if Ancient Rome, Greece and Egypt were invented during Renaissance?
What if The Old Testament was a rendition of events of the Middle Ages?
What if Jesus Christ was born in 1053 and crucified in 1086 AD?
Sounds Unbelievable?
Not after you've read "History: Fiction or Science?" by Anatoly Fomenko, the genius mathematician.
Armed with astronomy and computers Anatoly Fomenko turns History into a rocket science.
Calculations are only as good as your numbers.......2007-08-03
Pants on fire?.......2007-07-19
Accepted History & Chronology Must Be Changed. .......2007-04-09
For anyone to question "Why would a Mathematician have anything credible to say of History?" The answer is from Dr. Fomenko's preface in the book: "It would be worthwhile to remind the reader that in the XVI-XVII century Chronology was considered to be a subdivision of Mathematics." These volumes could possibly be some of the most important works to date & should be read by everyone with an interest in History, especially professors & educators who have a duty to the public. I have read both books & must say that 'Chronology 1' has some very eye opening & revolutionary information. Even if these volumes are part true the implications are profound & opens the doors to further investigations & questions which must be done. I speak several different lanquages & must say the logic Dr. Fomenko uses with "inflection" of words & words being read from left to right in one region & right to left in another then written backwards, the removal of vowels & get down to basics of words, or different cities & locations having the same name etc. is correct. Vowel usage has always been optional & varied, actually complicating linquistics & study. The first thing one has to understand is that words never had a fixed spelling in history like we do now, the spelling of words was mutable & regional, as well as names & titles of people were vast, varied & changed, NOTHING WAS FIXED or understood linear. Matters of Life & Death as well as financial profiteering yesterday & today were & are made with ignorant, illogical & conspiratorial views of history & reality, it's time people get closer to the Truth & society collectively grow up.
Very Interesting.......2007-03-07
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45 years in Wall Street: A review of the 1937 panic and 1942 panic, 1946 bull market with new time rules and percentage rules with charts for determining the trend on stocks
William D Gann
Manufacturer: Lambert-Gann
ProductGroup: Book
Binding: Unknown Binding
Stocks
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ASIN: B0006WT260