Top positive review
8 people found this helpful
Truly incredible. The absolute best do-it-yourself guide to trading equities there is.
on August 23, 2016
As someone who does not generally write reviews for things on the internet, I felt so compelled at the sheer raw value offered to me by this book in exchange for so little money that I had to come here and write about it myself.
The quintessential essence of Stan Weinstein is that it's concepts are both generalized yet hyper specific. He doesn't care what sector, what stock, what software, what formula, or what cycle, but he teaches you fundamentally the four stages that publicly traded assets go through. His hyper specificity lies in his ability to show you how to identify which stage a stock is in, and which stage it is heading to next. And he does it using formulas and calculations so simple they can be done with any modern trading software. And it is brilliant. The intelligence of this book is actually applicable outside stock-picking, although it is presented in that context. Larger economic, social, and fundamentally-human trends follow the same hilariously simple yet mind bending 4 damn parts of a pattern.
I've read every page of this book and it's turned me from shooting blind in a losing portfolio to consistent gains.
As with any learning process, it takes time. The steps are simple. Set your self up with the requisite software. Read every page of this book, vigorously, deeply understand it, memorize the techniques, and take the quizzes over and over until you can recite the chart-reading ruleset by heart.
And you will see my friend, the truth is out there.