Stock Trading Riches: The Simple, But Powerful Formula That Transforms Your Stock Picks Into Money Pumps (Paperback)

~ (Author)
Key Phrases: constant value formula, cash pool

Editorial Reviews

Product Description

In today's world of instant trade execution, sophisticated analysis, global markets, and 24/7 news, traders and investors still routinely fail to beat the market. The brutal fact is that a free market is about price discovery. A market works like an organism - "consuming" new fundamental and technical information and rendering it ineffective.

A 30-day moving average may make money for a while - until the market "digests" this parameter. Today's report on CNBC is already reflected in the price of the stock. Only 1% of traders are superstars who can consistently re-adjust, find, and exploit new information. The average trader or investor needs a simple system that is flexible and robust - that does not depend on the market moving in trends, or creating chart patterns.

Praveen Puri developed his system after becoming fascinated with the idea of a pure Zen trading system that would use no news reports, indicators, charts, or parameters to distract from Now. He developed a simple and powerful stock trading system that uses a mathematical re-balancing formula to buy low and sell high.

From the Publisher

"Book is very precise and clear. Easy to read and understand...retirement we will use it."
Jeff E., Buffalo Grove, IL

"With your system, you should be managing millions in a hedge fund!"
Sergiu M., Geneva, Switzerland

"I read your book cover to cover and I think it's great. I get it...like purified drinking water. It's clear, it's elemental, it's good for you... what's not to like?"
Brad W., Hoffman Estates, IL

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Product Details

• Paperback: 58 pages
• Publisher: CreateSpace (October 23, 2007)
• Language: English
• ISBN-10: 1434809870
• ISBN-13: 978-1434809872
• Product Dimensions: 10 x 7.8 x 0.4 inches
• Shipping Weight: 5.6 ounces (View shipping rates and policies)
• Average Customer Review: 3.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon.com Sales Rank: #506,218 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

1 of 1 people found the following review helpful:

5.0 out of 5 stars It deserves 4 stars, so I rated it 5 to bring up the low score, July 6, 2009

By	J. Witmer "libertarian" (Anchorage, AK USA) - See all my reviews (REAL NAME)

This book is an exposition of a conservative strategy that is designed to pay around 20% over time. It is a long term, conservative strategy that can be played in ANY market, in any sector. I highly recommend it, for what it is.

2 of 5 people found the following review helpful:

1.0 out of 5 stars Review, July 27, 2008

By	Sajowe (Gladstone, Australia) - See all my reviews

A solid trading system that is based on buying lower than you sell (like any profitable trading system so nothing new there). Doesn't appear to be suitable for geared trading or FX. As the title states it is for stocks (ungeared). The system also doesn't produce realizable profits in a bear (short) market but rather buys in at the lower price. The system is based on a constant value trading system (ie. keeping your value of open positions constant). The system is not a scam. As the author states, it doesn't have a very high rate of return & after some analysis I would agree. I would almost think that money in the bank would do nearly as well if not better in the long term.