Stock Market Strategies That Work [Paperback]

Jake Bernstein (Author)

Book Description

Publication Date: December 20, 2001

How to trade­­and make money­­in today's volatile market

Making significant money in the stock market isn't a given. However, investors can greatly increase their odds of success by knowing the basics of how the market works and­­more important­­how to trade profitably in the market. Stock Market Strategies That Work goes far beyond other introductory books on the market, explaining in step-by-step detail the specific techniques, systems, methods, and indicators that veteran investors have used for years to prey on the unsuspecting average investor and fatten their own trading accounts. Jake and Elliott Bernstein use numerous charts and graphs to emphasize timing, entry and exit methods, trend analysis, risk management, and other higher-level topics.

Methods covered in this unique introduction to profitable investing include:

• Risk management in today's volatile market
• Charting techniques to track the consistent big movers
• Finding key entry and exit points using technical analysis

Editorial Reviews

From the Back Cover

Proven Strategies to Trade­­and Make Money­­In Today's Fast-Moving Markets

Veteran traders love today's volatile markets. Why? Because while technological advances have made trading easier than ever, the market knowledge of individual investors has not kept pace. For traders who know what to look for, profits are plentiful and opportunities abound.

Stock Market Strategies That Work turns the tables, revealing powerful market entry and exit methods, precise timing techniques, trend analysis tools, risk management methods, and more. Learn the tools that trading pros have used for years to take advantage of investor ignorance. Short on double-talk but long on actual trading applications, this valuable guide explores:

• Sensible, lower-risk strategies for investors starting with $1,000 or less
• What trading on margin can­­and can't­­do for you
• Do's and don'ts of picking winning stocks
• How charts can help you understand and forecast market movements
• Little-known timing methods for increased profits in stocks and mutual funds

Before you compete with experienced market vets, you have to learn their tricks and tactics. Stock Market Strategies That Work shows you how things really operate in the marketplace, giving you the knowledge you need to plot your own course­­with low risk and high profit potential­­through today's investment jungle.

About the Author

Jacob Bernstein is one of today's most popular and respected market analysts in futures and stocks. Bernstein is cofounder of the popular 2chimps.com stock market advisory website and the author of over 32 books on trading, including Momentum Stock Selection and The Compleat Day Trader. His research and trading methods are used by savvy traders all over the world.

Elliot Bernstein is cofounder of 2chimps.com, plus assistant market strategist and a regular contributor to the website. His areas of expertise include technical analysis, timing, mutual fund investment strategies, stock sector analysis, and alternative energy stocks. He has been a quest on Internet business television and a contributor to the Bernstein on Stocks newsletter.

Product Details

• Paperback: 288 pages
• Publisher: McGraw-Hill; 1 edition (December 20, 2001)
• Language: English
• ISBN-10: 0071381945
• ISBN-13: 978-0071381949
• Product Dimensions: 8.8 x 6.3 x 0.6 inches
• Shipping Weight: 6.4 ounces
• Average Customer Review: 2.1 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #1,202,107 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

15 of 16 people found the following review helpful:

1.0 out of 5 stars This book is pretty horrible, January 3, 2005

By 

VM (CyberSpace) - See all my reviews

This review is from: Stock Market Strategies That Work (Paperback)

Usually I research investing books before I buy because there is so much garbage out there. I happened to be walking through a bookstore and the cover caught my eye. Unfortunately for me I should have kept to my book buying strategy of researching books online to see what others say before I picked this one up. I thought that a book titled "Stock Market Strategies that Work" would have some specific strategies to find winning stocks, but for only $15 - I wasn't expecting too much.

What the book has is very basic information on MA, SI, DMI/ADX, and a few others. For each indicator a few sentances on the assets and liabilities are given with a chart thrown in every now and then. The problem is that what is given as a strategy is nothing more than a hint.

The most annoying aspect of this book is its vagueness. They breifly introduce something only to say it will be explained later, I am still waiting for the explaination.

For Example Page 60:
"In order to know exactly when to buy and sell, you will need to be able to define the following variables:"
Trend...
Support...
Resistance...
"The fact is that all three can be ascertained with relative ease. For the time being, suffice it to say that specific methods for doing so will be presented. Our intent at this juncture is simply to introduce you to the concept."


The funny thing is that Trend, which is fairly important, is listed in the index as only on page 60.

Most everything I have read in this book is available on free websites. A lot of web sites will give you a "investing school" or "training" section that is a tease to get you to subscribe. They usually have basic trending, indicator, or charting information available to anyone. That is what this book felt like. You could google trading strategies and get more indepth information that is given in this book.

There are some good books out there on the subject like High Probability Trading by Link, which I am currently going through again. They explain indicators and actually give some Stock Market Strategies that Work {slight pun intended}.

Save your money on this book.

10 of 11 people found the following review helpful:

1.0 out of 5 stars Horrible Book, May 2, 2004

By 

RT (CA, USA) - See all my reviews

This review is from: Stock Market Strategies That Work (Paperback)

This book is disgusting. Don't be fooled by the title. I was skeptical, but figured, for ~$15, why not take the chance there might actually be something useful in this book.

This book is nothing but fluff and vagueness. Grandiose claims that go long on promises, but come up short on deliverables. 50% of the way into the text the author is still claiming that more details will be provided later on - by the time you get to the end of the book nothing useful has been provided, just a bunch of buzz-words and phrases to give the illusion that you actually learned something you could apply.

DO NOT BUY THIS BOOK.

7 of 8 people found the following review helpful:

1.0 out of 5 stars Book is terrible, January 3, 2005

By 

S Hayes "Stephen" (Viriginia) - See all my reviews

This review is from: Stock Market Strategies That Work (Paperback)

I read the book and agree with the other reviewer - the book is vague and I got the feeling it is really just a marketing tool to get readers to sign up and pay for their website. DONT WASTE YOUR MONEY ON THIS BOOK! The authors talk a good game in the book but lack the information to back it up - the title and info it says it provides is just not there.