Features
- Cover Type: Paperback with 269 pages
- Published by: McGraw-Hill
- Edition: 1st Edition March 23, 2006
- Written in: English
- ISBN 10 Number: 0071468226
- ISBN 13 Number: 978-0071468220
-
Book Dimensions:
8.9 x 6 x 0.8 inches
- Weighs: 15.2 ounces
Reader Reviews
This book is an excellent history book that will also teach you how to trade stocks. The book covers the stock markets actions decade by decade for the entire twentieth century up to 2006. At the same time he explains what the great stock traders who lived at that time did in the market. He covers all the bear and bull markets and what caused them. I agree with him on the traders he covers, Livermore, Baruch, Loeb, William O' Neal, Nicholas Darvas, Jack Dreyfus, and Jim Roppel. (I would include Warren Buffett and Peter Lynch since the mutual fund manager Dreyfus was included). Every trader included became a millionaire off the market. You better to study? The author recaps at the kind all the similar characteristics that made these men so successful. Here are some of the similarities they all had: 1. Only trade in a bull market. Know the market trend. 2. Make your own decisions do not be influenced by others. 3. Learn from market history. 4. By stocks that have strong fundamentals that are leaders in their industry. 5. Buy more of a stock on the way up not down. 6. Buy stocks at 52 week highs breaking out of correct basing patterns. 7. Cut losses short let winners run. I would also study William O'Neal's books and read Investors Business Daily if you want to be a successful trader or investor. It is all you will need. I really became successful trading stocks when I started following the principles in the books written by these authors.
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