
This book started with Market Timing. When the market is going to plunge, most stocks including dividend stocks will lose values. Hence, do not buy any stocks and even sell most stocks when you receive the exit signal. I have a simple chart to identify market plunges. It depends on the stock data, so it will not identify the peaks and the bottoms precisely, but it will spare you for further losses and will instruct you when to reenter the market. It worked for the last two market crashes. It will detect the next crash, and hopefully it will give us enough time to react as the last two.The selected web site identifies good stocks. Ignore those purchases that do not meet our initial requirements. We should have identified a few stocks for further evaluation. I use fundamental metrics to ensure they are fundamentally sound. Many fundamental analyses are available free from many sites. Then look for intangibles and do a thorough qualitative analysis on each selected stock. There is no magic formula, but due diligence will pay off in the long run. This book does not promise overnight wealth. The trading topics include how to set order prices, stop loss, tax considerations and a trade plan. When to sell a stock is important. As in any strategy, you need to start with paper testing and then with limited positions. There are many pitfalls in following insider purchases. It is safer to buy stocks with good fundamentals and protect the losses with stops. This book is intended for a retail investor and I am one myself. This book is not written by a journalist or a professional writer who may never make a buck in the stock market.Last update: 10/2016 Size: 85 pages (6*9)
Page Count:
90
Publication Date:
2014-05-26
Publisher:
CreateSpace Independent Publishing Platform
ISBN-10:
1499679467
ISBN-13:
9781499679465
No comments yet. Be the first to share your thoughts!