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First published in 1988, analysis in this book is still valid in 2020. Reading through this book I noticed a Stage 4 formation in my country's market index. Investments were also nearing their sell-stops. I sold my investments that day pocketing all profits. This happened just days before the epic market crashes all around the world due to the Corona Virus Outbreak. Principles in this book saved me tons of capital.On the negative side, this book is a pleonasm.
Below are key excerpts from the book that I found particularly insightful:1- "After having mad plenty of mistakes, I've learned how to decipher the very obvious clues that the market gives us and then tactically respond to a given situation. I'm going to teach you a new set of stock market rules that will make the market much less stressful and far more profitable for you. These rules won't have you pouring over balance sheets or listening to some company spokesman drone on about his firm's prog...
This book certainly opened my eyes to the world of technical analysis more than any other book I have read. I highly recommended it as it's easy to read and has fantastic case examples. I am a little surprised that Stan Weinstein's name doesn't come up more in the world of stock trading.
Great book! Even for today. I can't believe that I'd started trading without this book.
Important read for understanding the basics of momentum trading.
it's like listening to a car salesman.
This book is decent for someone who is interested in understanding the financial market with little or no prior knowledge about technical trading. Thus making this a great book for beginners. However, it is less useful for others and many of the things said are outdated but the psychology of trading and investing remains the same. A few market observations that I think is noteworthy - the four-year presidential cycle, "blue Mondays", year-end and summer rally syndromes, individual stock and its
This is a great book for any new person wanting to make money in the stock market. This definitely fits more towards the technical trader. It focuses a lot on stage analysis and technical indicators to give winning stock trades.Pros:Provides sample questions after each chapter (thoroughly tests the reader)Simple languageProvides good introduction for those new to the stock marketCons:Example charts are skewed to fit the lesson. Majority of charts are not formed like the exampleSome arguments hav...
I read this book shortly after it was first published. It is simple, concise, well-written and just as applicable today as it was 25 years ago. While it is quite simple the messages are vitally important and I still find myself periodically referring to it. I have it in front of me now and it reminded me that I should write a review.
It's my first book on the stock market, and I can easily say that the book does justice to the time commitment it requires.Stan explains things from the base, and in a very interactive way. The book also has quizzes at the end of each chapter which help us rate ourselves.As the first book in my journey to the market, I'm pretty happy.
While the book gives various interesting insights regarding Technical Analysis with examples, it feels like that the author believes to completely stay away from the Fundamentals of a company while investing. However, it's worth reading the book at least once.
As I write this review we are in the midst of the Corona Virus stock market meltdown.I am always looking for the next book on trading/investing, and I especially like seeing high ratings with ample reviews. Having said that I have seen this one come up in searches before, but it wasn't until I heard it recommended on a Chat With Traders podcast interview with Jason Leavitt that I took the plunge to buy and add to my library. That interview was in Nov of 2015 and he said this book was one of the
1. Never buy or sell a stock without checking the chart.2. Never buy a stock when good news comes out, especially if the chart shows a significant advance prior to the news release.3. Never buy a stock because it appears cheap after getting smashed. When it sells off further, you'll find out that cheap can become far cheaper!4. Never buy a stock in a downtrend on the chart (I'll soon show you specifically how to define a downtrend).5. Never hold a stock that is in a downtrend no matter how low t...
I've been meaning to read this classic trading book for many years....I have finally got around to it. It did not disappoint. I am a committed value investor and not a trader, but I still found this book helpful, insightful and relevant. It will make me a better investor: I still need to track my value investments carefully and Mr. Weinstein's stage analysis concepts will certainly aid my buy and sell decisions. The book is straightforward, simple to understand and very clear. Well written! Ther...
Very wise words, some of them very helpful and a lot of them food for thought. However, being written in the 1990s, a lot of the information was woefully out of date and completely irrelevant. If you have read lots of investing books and want something else to read, it might be worth your time (although be prepared to skip through some pages). The first quarter of the book is probably the most useful (if you are new to investing) but there are many more out there that are more pertinent.
Great book on analysis. I have the hard copy, but wanted to get through it since I can never seem to make the time to read it. The only reason for the 4 star rating is the fact that there are a lot of visuals (charts, etc.) that supplement the reading and that the author refers to that help develop understanding. The rating is more of an indicator of the fact that it would be more beneficial to pick up the hard copy and read it.
Just wow...this daimond need to be mentioned in same category as intelligent investor, or Howard Marks the most important thing...Most of methodology/stages mentioned is still happening in present day market... obviously this book is more effective in bull market but to understand various cycle a stock goes through and how to invest by taking clues and indicators.. Awesome read.
Good book... he explains his complete methodology. Looking at book cover, I was hesitating to buy this one but glad I read iत.
Brilliant - learned a lot (despite some of the information being very out of date).
Very good book.
Amazing book. It's way ahead of its time. I'm lucky to have uncovered this gem.
Exceptional book to start with if you are just starting out in the world of swing trading!
By far the best book on technical analysis
I've seen this book on so many shelves but put off reading it for a long time. It ended up being great, with some simple ideas for filtering out weak stocks, down trending stocks, stocks that seem strong at first but volume doesn't confirm on breakouts, etc.
0 to 100 real quick.
Stan Weinstein's "Secrets For Profiting in Bull and Bear Markets" reveals his successful methods for timing investments to produce consistently profitable results.Topics include: Stan Weinstein's personal philosophy on investing The ideal time to buy Refining the buying process Knowing when to sell Selling Short Using the best long-term indicators to spot Bull and Bear mar
This is the first book I've read that explained technical analysis and likely the best one I've read - and I have read a ton of them. Weinstein knows how to not get caught up in the minutiae and provides a straight-forward way to invest and still have a life. I cannot guess how many times I've come back to read this book or parts therein since my first reading of it in the mid-1990's.
Just a book on entries. Market stages seem "to work" only in hindsight, I'm not pretty sure how they can be identified in the now and, what's more, I don't even think that identifying them has anything to do with making money but only with being right.
Good book that's almost completely related to explaining the four cycles of a stock trend.
This is an excellent book that really helped me refine and tighten up my technical analysis. Though some parts of the outbook are outdated, his advice and concepts still hold up well.