Definitely one of the very few investing books that deserve a 5-star rating. What I liked about the book: 1. It is different from the rest. Its whole point is to be different. You have to be different from the rest in order to achieve results that are higher than the mean.
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Definitely one of the very few investing books that deserve a 5-star rating. What I liked about the book: 1. It is different from the rest. Its whole point is to be different.
You have to be different from the rest in order to achieve results that are higher than the mean. The author reveals a lot if not all of his technics, regarding the market. It is not like the other books where the author wastes more pages on bragging about big wins and just brushes on how he came to the idea of the buy Definitely one of the very few investing books that deserve a 5-star rating. It is not like the other books where the author wastes more pages on bragging about big wins and just brushes on how he came to the idea of the buy and the sell.
Here you have a full analysis of the thought process with graphs and comments - priceless. What I missed: 1. Maybe the author himself is not a huge fan of those, but I believe that without them, you are almost sure to lose a lot of money and nerves in the market.
I definitely recommend this book. You need to have personal experience with the market, so you can relate to some of the things the author is talking about. Remember what I said in the beginning - this book is different and the ideas are different. I also liked the fact that the author not only focus on the buying, but also on the selling point.
Dec 24, Pavel rated it really liked it So is there an easy way allowing you to beat market without much effort? According to Jesse Stine, the answer clearly is yes. My motivation to read this was to have more input on deciding whether it makes any sense at all to invest in individual stocks rather than into ETFs.
Notable takeaways: You should define better strategy than just setting a stop-loss and holding forever. Selling is equally important as buying. Buying more on the way up is usually not So is there an easy way allowing you to beat market without much effort? Buying more on the way up is usually not particularly smart. At that moment, you carefully assessed your potential gains as well as the risks. As your stock goes up, risk usually rises while the potential for further growth declines.
Majority of people invest on the way up, often near the all time highs. Of course you want to do exactly the opposite. If you want to invest, you absolutely need to wait for the right moment. Deal with it. For sure, there are other stocks allowing you to hop on the train early enough. You need to do your homework finding those and listening to news is definitely not the way to do so. Sometimes, the best thing to do is not to do anything at all. Cash is also a position.
This goes contrary to what fund managers are doing - they are fully invested all the time. What everybody knows is not worth knowing.
What everybody does is not worth doing. Thank you Axel De Acetis for recommending this to me. The writer basically list it all down for you, you just need to do the work to scan for them. There are plenty examples supported by real trades and clear charts. As a day trader, I A lot of useful information on scanning for a superstock based on technical chart patterns and fundamentals. To each his own i guess.
Review of Jesse C. Stine’s book: Insider Buy Superstocks
At critical market turning point, the media will rush in to create crowd psychology which are often wrong. He specialises in trading price breakouts of companies with explosive earnings growth. It will eventually inssider down to your desired price. Lists with This Book. It may be a good idea to run through your existing stocks with these rules.
INSIDER BUY SUPERSTOCKS PDF
A system that requires hard work and a serious time commitment to master, the Insider Buy Superstocks method carefully evaluates stocks based on price, fundamentals, and technicals. Stine discusses the importance of technical support, EPS, limiting risk, using strict stop losses, and waiting for ideal entry points. Also discussed are warning signs to watch out for, stop loss guidelines, and fundamental sell signals. Chapter fourteen is chock-full of wisdom and lists many destructive trading pitfalls to avoid. What everybody does is not worth doing.