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The Best Trading System: How To Make Big Stock Market Returns In The Long Run As A Trader Or Investor Paperback – January 1, 2012
by
Chris Beanie
(Author)
| Chris Beanie (Author) Find all the books, read about the author, and more. See search results for this author |
Like new
- Print length76 pages
- LanguageEnglish
- Publication dateJanuary 1, 2012
- Dimensions6 x 0.17 x 9 inches
- ISBN-101475050844
- ISBN-13978-1475050844
- UNSPSC-Code
Product details
- Publisher : CreateSpace Independent Publis; 1st edition (January 1, 2012)
- Language : English
- Paperback : 76 pages
- ISBN-10 : 1475050844
- ISBN-13 : 978-1475050844
- Item Weight : 3.2 ounces
- Dimensions : 6 x 0.17 x 9 inches
- Best Sellers Rank: #5,078,400 in Books (See Top 100 in Books)
- #5,398 in Stock Market Investing (Books)
- Customer Reviews:
About the author
Follow authors to get new release updates, plus improved recommendations.

Chris Beanie is a professional trader and investor. Chris was the #1 trader/investor out of 40,000 traders during one of the worst economic downturns in American history - from July 2007 to July 2008 and from July 2008 to July 2009. In each of those two years, Chris gained over 200%.
Chris can be reached at www.SuperStocks28.com .
Customer reviews
2.5 out of 5 stars
2.5 out of 5
172 global ratings
How are ratings calculated?
To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. It also analyzes reviews to verify trustworthiness.
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Top reviews from the United States
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Reviewed in the United States on August 2, 2015
Verified Purchase
All the author has done is to get your money to advertize to you a system you can get if you cough up more money. No description of entry, exit or dealing with trades gone wrong. No charts, no rules, no numbers. A nebulous concept of buying and selling a fraction of your shares while holding a core portion in a stock without mention of what happens in a bear market. Author is selling pipe dreams of riches, and how to beat Warren Buffett at his own game several rimes over. The book has received 5 star rave ratings from newbies for whom every investing book is a revelation of genius. And now I see that author has raised the price sky high. Buy it if you like to get fleeced.
5 people found this helpful
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Reviewed in the United States on December 19, 2013
Verified Purchase
Good information, but the basis of this system lies in predicting stock/security direction via short-term candlestick charting methods. Any great speculator knows that trying to predict a security's direction using these methods is exposing themselves to unnecessary risk. The compounding principles are sound; however, getting to apply it to this methodology sets up the novice and experienced "investor" to a fantasy ROI. If you are looking for a better way to increase your profits/ROI in the markets, look somewhere else.
2 people found this helpful
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Reviewed in the United States on December 20, 2013
Verified Purchase
First of all, the reviews of this book are hilarious. Either it's the best trading book in the history of trading books, or it's the biggest scam since Obamacare.
Three stars for NEITHER!
What I liked about the book: This is a quick book on trading around core positions via a few various methods or your own system. The idea is that if you sell some shares high, you may be able to buy more shares later at the same total cost. Lather, rinse, repeat, get rich.
What I didn't like about the book: Nobody has a crystal ball to figure out the lows and the highs. If this trading is done in.a margin account, you have to overcome taxes and trading commissions. You also have to be familiar with SEC rules on Pattern Day Trader, Free Rides and Good Faith violations. What about an exit strategy if one is underwater in a position?
Overall, I enjoyed reading it.
Three stars for NEITHER!
What I liked about the book: This is a quick book on trading around core positions via a few various methods or your own system. The idea is that if you sell some shares high, you may be able to buy more shares later at the same total cost. Lather, rinse, repeat, get rich.
What I didn't like about the book: Nobody has a crystal ball to figure out the lows and the highs. If this trading is done in.a margin account, you have to overcome taxes and trading commissions. You also have to be familiar with SEC rules on Pattern Day Trader, Free Rides and Good Faith violations. What about an exit strategy if one is underwater in a position?
Overall, I enjoyed reading it.
3 people found this helpful
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Reviewed in the United States on February 1, 2013
Verified Purchase
The author has a great idea and I have no doubt it will work if apply correctly. However, I am totally disappointed that the author fails to show you exactly how to implement it. For example, one of the techniques is to sell if you think the stock is going down then buy it back below price you sold, and the author claims simple. Right ... people are not stupid to understand that analogy, how to do it is the key. The author cuts short to explain of what indicators or techniques use to achieve that. I was hoping to find a new methodology to improve my trading, instead I found nothing but junk. I gave 2 stars because of the right idea (but just an idea), the other 3 stars deduction because of failure to show implementation details.
2 people found this helpful
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Reviewed in the United States on February 3, 2013
Verified Purchase
First of all it is important to "filter" the several reviews of this ebook, MOST of them were made by friends of the writer and I do not consider them to be trustworthy at all.
This is not to say that the book is bad, or completely bad, but it is not what it pretends to be. It is NOT a trade system, or ideas around a trade system, or guidelines or anything like that.
It just showcases the author's idea on how to also day/swing trade your core holdings to obtain additional return.
While this concept is in principle valid it would only work if one really masters how to perform these day/swing trades, and to this effect the book is virtually void.
I can sum it up one one line: "If you are a great day trader, you can day trade your core positions and make additional returns".
I do consider the book misleading for two reasons: It is NOT about trading systems, and it gives no clue, advice, instruction on the crucial part of the "best trading system" which is day trade around the core position, it just says if you are a great day trader you will be even better...
Would not buy again.
This is not to say that the book is bad, or completely bad, but it is not what it pretends to be. It is NOT a trade system, or ideas around a trade system, or guidelines or anything like that.
It just showcases the author's idea on how to also day/swing trade your core holdings to obtain additional return.
While this concept is in principle valid it would only work if one really masters how to perform these day/swing trades, and to this effect the book is virtually void.
I can sum it up one one line: "If you are a great day trader, you can day trade your core positions and make additional returns".
I do consider the book misleading for two reasons: It is NOT about trading systems, and it gives no clue, advice, instruction on the crucial part of the "best trading system" which is day trade around the core position, it just says if you are a great day trader you will be even better...
Would not buy again.
2 people found this helpful
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Reviewed in the United States on June 9, 2012
Verified Purchase
I'm interested in venturing into stock trading one day. I've read a few books on different methods to maximize profits but none of them have contained as much information and so many references to other sources of information. It's obvious to me that the author took a lot of time finding information and resources to back up his theories. The daunting part to me is the suggested initial investment of $5,000. If you're like me, that's a pretty penny but I am going to start watching the stocks to see if his principles hold true.
My only complaint are some minor formatting issues. It'd be nice to get those cleared up to make the reading easier on the eyes and allow the reader to focus on the strategies instead of the font changes. All in all, if you're serious about trading, check out this book.
My only complaint are some minor formatting issues. It'd be nice to get those cleared up to make the reading easier on the eyes and allow the reader to focus on the strategies instead of the font changes. All in all, if you're serious about trading, check out this book.
2 people found this helpful
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Reviewed in the United States on July 28, 2014
Verified Purchase
Very simple and direct to the point.
Seems like a good strategy, trading a few same stocks for long time to gain long term and short term gain.
May be more theoretical than practical.
I am not an active trader or investor, just a bystander studying the topic for a hobby, so take it with a grain of salt.
Seems like a good strategy, trading a few same stocks for long time to gain long term and short term gain.
May be more theoretical than practical.
I am not an active trader or investor, just a bystander studying the topic for a hobby, so take it with a grain of salt.
Reviewed in the United States on June 9, 2014
Verified Purchase
No charts no visual examples. A bunch junk talk. You telling people to short quality stocks?? At best wait for pull back then ride up for profit. Otherwise, you will end up with an Enron on your hands taking your money.
2 people found this helpful
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Top reviews from other countries
Lanthanium
5.0 out of 5 stars
Ein Denkansatz fuer langfristige Anleger
Reviewed in Germany on April 27, 2017Verified Purchase
Bevor ich irgendwann eine ausführlichere Rezension über Chris Beanie's Buch "The Best Trading System" schreibe, möchte ich Sie darauf hinweisen, dass dieses Buch in den USA im Oktober 2013 für 1.700 Dollar verkauft worden ist. Später kostete es oft rund 50 Dollar. Heute kann man es kostenlos erhalten. Billiger wird es bestimmt nicht. Wenn Sie erkennen können, wann eine Aktie eher teuer ist und wann eher preiswert, können Sie das hier vorgestellte System auch anwenden. Wenn Sie bereits mit Trading ein paar Erfahrungen gesammelt haben und erkennen können, wann ein Aufwärtstrend sich nicht fortsetzt und einbricht, können Sie das System auch anwenden. Viele der Rezensenten auf der US-Seite von "Amazon" kapieren es einfach nicht, wovon dieses Buch handelt. Daraus resultieren die vielen negativen Rezensionen. Es geht gar nicht um Shortselling, aber es könnte sich auch um Shortselling handeln (je nachdem, wie man das System anwendet).
Im Prinzip wird hier eine langfristige Investment-Methode ("Buy and Hold") vorgestellt, bei der der Investor zusätzlich noch Daytrading-Konzepte wie "Fading the Gap" oder Swing-Trading-Konzepte wie das "Death Cross" einsetzt, um die Rendite der Geldanlage zu verbessern. Aktien während einer Rallye in die Stärke und Euphorie hinein verkauft und später, wenn der Höhenflug einbrichtbricht und die Schwächephase kommt, wieder nachgekauft. Buy, sell strength, buy back (temporary) weakness. Dies setzt ein Vertrauen in die Aktie voraus, das man bei Qualitätsunternehmen wie Apple, Adobe, Samsung, Mc Donalds usw. daraus erhalten kann, dass es sich um Aktien von Wachstums-Unternehmen handelt, die über Jahrzehnte ihre Qualität und Überlebenskraft gezeigt haben. Nur ein Vertrauen in solche Unternehmen und die Stärke ihrer Aktie ermöglicht es, dieses "Dip Buying" ohne Angst durchzuziehen. Und ich denke, dies ist ein Nachteil des vorgestellten Systems, dass es bereits einen einigermaßen erfahrenen Investor voraussetzt, der weiß, was er tut, und sich auch nicht von einem zeitweise vorliegenden, unrealisierten Verlust von 10 - 15 % seiner Position in Panik versetzen lässt. Man muss mit dem System auch die mentale Stärke haben, unrealisierte Verluste im Portfolio, die man für nur vorübergehend hält - Drawdowns, auszusitzen. Dies setzt einen weiten Stop loss-Kurs voraus, um nicht aus der Position geworfen zu werden. Ein Stop loss wird dann nur verwendet, um sich gegen katastrophale unvorhersehbare Fälle abzusichern (z.B. die Aufdeckung von Bilanzfälschungen oder unerwartete Produktrückrufe mit extremen Kosten).
Im Prinzip wird hier eine langfristige Investment-Methode ("Buy and Hold") vorgestellt, bei der der Investor zusätzlich noch Daytrading-Konzepte wie "Fading the Gap" oder Swing-Trading-Konzepte wie das "Death Cross" einsetzt, um die Rendite der Geldanlage zu verbessern. Aktien während einer Rallye in die Stärke und Euphorie hinein verkauft und später, wenn der Höhenflug einbrichtbricht und die Schwächephase kommt, wieder nachgekauft. Buy, sell strength, buy back (temporary) weakness. Dies setzt ein Vertrauen in die Aktie voraus, das man bei Qualitätsunternehmen wie Apple, Adobe, Samsung, Mc Donalds usw. daraus erhalten kann, dass es sich um Aktien von Wachstums-Unternehmen handelt, die über Jahrzehnte ihre Qualität und Überlebenskraft gezeigt haben. Nur ein Vertrauen in solche Unternehmen und die Stärke ihrer Aktie ermöglicht es, dieses "Dip Buying" ohne Angst durchzuziehen. Und ich denke, dies ist ein Nachteil des vorgestellten Systems, dass es bereits einen einigermaßen erfahrenen Investor voraussetzt, der weiß, was er tut, und sich auch nicht von einem zeitweise vorliegenden, unrealisierten Verlust von 10 - 15 % seiner Position in Panik versetzen lässt. Man muss mit dem System auch die mentale Stärke haben, unrealisierte Verluste im Portfolio, die man für nur vorübergehend hält - Drawdowns, auszusitzen. Dies setzt einen weiten Stop loss-Kurs voraus, um nicht aus der Position geworfen zu werden. Ein Stop loss wird dann nur verwendet, um sich gegen katastrophale unvorhersehbare Fälle abzusichern (z.B. die Aufdeckung von Bilanzfälschungen oder unerwartete Produktrückrufe mit extremen Kosten).
Michael Ibbeken
1.0 out of 5 stars
Just a small booklet with a lot of fluff.
Reviewed in Germany on February 13, 2015Verified Purchase
Shame on those so-called readers who wrote these positive comments. This must have been part of a marketing strategy. There are just general comments, almsot no charts, no detaied explanation of trading strategies that actually work etc.
There might be more " meat " in the member's area of the authors website.
There might be more " meat " in the member's area of the authors website.
Triumph Fan
1.0 out of 5 stars
Big disappointment.
Reviewed in Canada on September 3, 2015Verified Purchase
Small book. Big disappointment.
Amazon Customer
3.0 out of 5 stars
Three Stars
Reviewed in Canada on July 9, 2014Verified Purchase
Basic information, just okay book
C Jenkins
5.0 out of 5 stars
I love this book!
Reviewed in the United Kingdom on April 12, 2012Verified Purchase
No more penny stocks, no more options trading. Chris Beanie has a completely logical approach about trading, with only 80 pages, this book sure packs a punch with so much valuable content.
6 people found this helpful
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