Customer Reviews

Wall Street Money Machine, Volume 5: Free Stocks: How to Get the Market to Pay for Your Stocks--FREE!

5 star:		(28)
4 star:		(3)
3 star:		(0)
2 star:		(2)
1 star:		(11)

 

 

If you do not buy this book and follow the advice herein, you will be wasteing your money.In Wall Street Money Machine #5, Wade shs you how to put volatility on your side and how to make money even when your stocks go down.You won't find this information anywhere else.As for the allegations that Wade doesn't make money in t he markets---bull. Check the faqs,

What a fantastic book! It almost sounds like a too-good-to-be-true sales pitch. Don't let the name scare you - let it motivate you. FREE STOCKS teaches powerful, realistic, and highly profitable ways to invest. Why pay full price when you can get the market to hand you the same stocks for pennies on the dollar (or even free)? It's legal and fun.

When Darlene & I were writing our book "STOCK SPLIT SECRETS" we wanted to mention this technique in chapter 13 ("Bonus Plays and Tools"). We decided that three paragraphs didn't get close to covering this powerful technique. Now an entire book is devoted to the subject. "FREE STOCKS" is a masterpiece that will cause the market makers to shake and sweat - once again the "little guy" wins BIG!

I hope you are getting excited. This book will show you how to turn the market into a bargain basement bonanza.

-Miles Nelson

Either, you like Wade Cook or you hate him and the reviews about this book are no exception to the rule. Reviewers cry about Wade Cook being sued and that proves he's a crook etc. Hey, Microsoft gets sued but we still all use their software. Anybody can be sued anytime for any reason, it doesn't prove anything. The stock market is a risky place and how people use the information they are exposed to is up to them. You think his seminars are overpriced, don't go. You think education is expensive, try ignorance. The covered call strategies outlined in this book are workable, profitable and in fact it was a Wade Cook book (the original "Wall Street Money Machine") that got me started in options, particularly in writing covered calls. Despite statements to the contrary by some of the reviewers, this strategy does work and it works well. I am somewhat unconfortable that the use of Margin and Pyramiding is so strongly encouraged and the danger is not given enough coverage but on the whole, it is a valuable book especially for someone new to the game. I feel that Wade should encourage readers to look more at the stock fundamentals as well as the numbers of a particular transaction and spend more time thinking about what will happen when a stock tanks (when not if) and to plan exit strategies before they are needed. Keep some powder dry in other words. All in all, still a good read for the money, very motivational, and even knowledgeable option players should find it interesting.

Wall Street Money Machine Vol 5 is basically a covered call handbook. In this book, Wade Cook shows you to make the market pay for your stocks.

I have been an investor for over ten years and have a brokers license but never knew you could do this. Unfortunately, brokers are never taught these strategies, only license requirements.

I highly recommend Wall Street Money Machine Vol. 5 for anyone who wants to make some real money in the market.

In Wall Street Money Machine Vol 5-Free Stocks: How to get the market to pay for your stocks-FREE Wade Cook introduces the LOCC (Large Option Covered Call) system. This system is a machine-a machine for generating consistent cash flow in sufficient quantities to better any lifestyle. A system that literally lets you get your stocks for FREE!

There is a saying that when something sounds too good to be true it usually is right? What's the catch you may be asking yourself. Is there a catch? To be brutually honest, yes there is, but it's not what you may think it is.

There is a way to get your stocks for free, which, if you get to the bottom-line root meaning of FREE, is simply that you do not pay for your stocks yourself. We're talking about quality stocks that you get to choose! You can be as diversifiedas you want. And get this-you can pretty much start with any amount of money you have.

This is not a get rich quick plan. Nor is this some ambiguous, nebulous method that only a few people can master and use. It is also not a theory, but an in-the-trenches, workable, cash flow stock market machine. This plan takes a simple yet overlooked aspect of the stock and options markets and puts it to full use. The results are dynamic and far-reaching.

LOCC has a beginning, middle and an end. It puts the emphasis where it should be; on generating income so you can retire. Yes, huge assets are nice, but let's go for simple ways to build steady monthly income so we can do more of the simple yet wonderful things that life has to offer.

If you like the buy and hold strategy of investing, in FREE STOCKS, you will learn how to get the market to pay for your stocks in 5 to 7 months with the LOCC system.

In FREE STOCKS, you will learn:

- Option cycles and market makers
- How implied volatility affects option pricing
- Buybacks and Rolloouts
- Stock Repair Kit
- How to put volatility on your side
- Be a seller, not a buyer
- When to get your money
- Exploration of ways to increase gains and reduce taxes
- What to do if the stock dips-Make more money!

Finally, if you followed more traditional forms of investing and lost a ton of money in the stock market over the last three years, FREE STOCKS may be just what the doctor ordered to get back on track and make that money back.

During the Bear Market of the last three years, I and others used the strategies in FREE STOCKS to recover losses on deep dips. Question: How much money did you lose by not knowing these strategies? And how much money will you lose by not applying these strategies going forward?

Get the book. It's a must read!

In this 5th installmentof the Wall Street Money Machine series, author Wade Cook shows us how to use our stocks to buy more stocks. This is a hidden area of the market that nobodyelse knows or wants to talk about or wants you to know.

Since this book was written several years ago, the huge premiums are not available but you can still make money witht he concept. And when those huge preiums come back, you'll be ready to cash in.

Great book Wade. Thanks for sharing.

Free stocks is a super book for anyone who wants to make the most out of their portfolio. I have been following Wade Cooks techniques since 1997 and they flat out work.I think that Wade Cooks detractors are made up of either competitors or those who don't want the masses to discover these exciting strategies.Thanks for sharing Wade. We needed this.

I have read all of Wade's Stock Market books and have been thoroughly pleased. His Volume 5 dealing with Large Option Covered Calls is a phenomenal strategy, especially in this market environment. I have tried it and it works! Excellent strategy for those not in the market full time.

Christopher Seefeldt's review of Wade was full of unbelievable false information. I highly recommend anything Wade ever writes. His strategies gave me the most incredible life trading in the stock market! It has given me time freedom and time to be with my children, time to give to my church, and I feel like I live in a dream! I have earned in a day in the stock market from Wade's information what the average american does not earn in a year working. Mr. Cook is incredibly brilliant. What he teaches works if people will practice first! He is about safety trading and the only time I have heard such false information on him is from people who have never read his books, taken his classes or took the time to check out the real facts on false charges that never held up. Don't believe the zero credibility or the penalties paid in many states this is false. This man is incredible, his book is phenomenal and worth it's weight in gold. I wish the world had a ton more people who share and make a difference in lives like Wade! I hope he keeps writing! My family will never be the same again!

This book was a Godsend during the last half of the Clinton Bear Market. Using this technique, I was able to buy good stocks at a discount and pay for them by writing covered calls. I know a lot of people, including brokers will tell you this doesn't work. All I can say it worked and is still working for me.

I also recommend Wade's first book WALL STREET MONEY MACHINE VOL 1. Still the best book on cash flowing the stock market.