Features
- Cover Type: Hard Cover with 464 pages
- Published by: Wiley
- Edition: 1st Edition February 28, 2001
- Written in: English
- ISBN 10 Number: 0471393150
- ISBN 13 Number: 978-0471393153
-
Book Dimensions:
9.1 x 6.2 x 1.7 inches
- Weighs: 1.6 pounds
Product Description
Avoid costly trading mistakes with this workbook that tests readers' investment knowledge No one enters the stock market in the hopes that they may actually lose money on their investments. Sadly, most do. Avoid expensive trading blunders with this hands-on workbook designed to test readers' investment savvy. Developed by a popular stock trading instructor,
The Stock Market Course Workbook quizzes readers on their knowledge of the concepts presented in Fontanills's
The Stock Market Course. Because mistakes are costly in the stock market, this accessible study guide provides readers with the opportunity to trade "fake money" before risking their real assets in the market. The invaluable lessons learned in this workbook could save readers thousands of dollars in investment mistakes.
Download Description
An essential guide for anyone who wants to avoid getting burned in the stock market. This book tells you how to make money and how not to lose it. Risk management is something that institutional investors have long employed to limit their losses and boost their long-term gains. This book explains risk thoughtfully and enjoyably.-Michael Molinski, Mutual Funds Editor and International Editor, CBSMarketWatch
Reader Reviews
Great idea for a book, but poor execution. The idea is to introduce novices to the stock market and teach them all the fundamentals. But this book is so poorly organized and biased that novices will be only confused, and more knowledgeable investors disappointed. The authors are the sponsors of a web service for options traders, and they never fail to recommend their service. The book is biased toward options trading, technical analysis, momentum trading, and chart analysis: not strategies for beginners. The organization is extremely confusing, seemingly random, and with lots of repetition. For example, the chapter on option trading comes before the chapters on market analysis. At the end of each chapter there is a summary of the main points of the chapter; great idea, but the only problem is that the chapter summaries do not accurately reflect the chapter contents. For example, the chapter summary for "fundamental analysis" lists the PEG ratio as a key point of the chapter, but the chapter doesn't even mention the PEG ratio! PEG ratio isn't mentioned until a later chapter on "analyzing company reports." In that chapter(p. 237-8), the authors suggest that a P/E ratio of 143(!) is quite acceptable for a growth stock (EMC corp) and that a stock with such a P/E would make a good investment!! EMC Corp. fell from $101 in 2000 to $4 in 2002. It's trading now around $10, with a P/E of 21 (July 2006). On a similar note, Enron is described as a "green" or environmentally friendly stock. Even worse, the book presents no coherent program for investing in stocks, just a bunch of random, often contradictory advice. It turns out that all the indicators for avoiding a stock are also good indicators for buying the stock if you are a "contrarian" investor. Hardly a coherent trading program for novices.
Comment | |
(Report this)