The year 2000 has taught many investors a hard lesson: Making money in the market isn't a given. The days of just buying a stock and watching it go up are over. Investors have learned that the investment world is a dangerous place with a bewildering array of choices, decisions, and risks. Large and experienced investors and traders feed without mercy on the average investor who ventures defenseless and naive into the marketplace. Stock Market Strategies That Work offers the average investor a friendly, accessible, simple explanation of the stock market, how it works and, most importantly, how to make profits in the market. The author uses wit and humor to make the book understandable and accessible while offering the trading wisdom of a pro. Using numerous charts and graphs - a hallmark of this highly successful author - the book has a heavy emphasis on timing, entry and exit methods, trend analysis, and risk management. The book is also in tune with the contemporary market environment, addressing such key issues as market volatility, the "new economy," and risk management in a manner that is appropriate for today's market climate.
There is also an extensive discussion about online trading and computerized trading techniques. Topics covered include: - The real rules of the stock market - Using charts to find the big movers - Online and Internet trading, whether it is for you - Using technical analysis to find key entry and exit points - Self-discipline and playing to your strengths - The advantages and disadvantages of selling short, using mutual funds, IPOs, and using margin McGraw-Hill has published several successful books similar in level and format to Stock Market Strategies That Work. However, How to Make Money in Stocks is simply one investing system; it is not as comprehensive and doesn't cover the array of methods and techniques this book does. 24 Essential Lessons for Investment Success provides brief, concise explanations in a Q&A format of some basics of investing; it does not have the detail or sophistication of Stock Market Strategies That Work. All About Stocks, How Wall Street Works, and The First Time Investor are merely descriptive, explaining how the stock market works, while offering nothing on how to take that knowledge and turn it into profits.
There is little or nothing on how to actually profit in the stock market. Stock Market Strategies That Work goes further than our previous books, explaining in step-by-step detail specific techniques, systems, methods, and indicators the investor can use to make money in stocks.
Jacob Bernstein is one of today's most popular and respected market analysts in futures and stocks. Bernstein is cofounder of the popular 2chimps.com stock market advisory website and the author of over 32 books on trading, including Momentum Stock Selection and The Compleat Day Trader. His research and trading methods are used by savvy traders all over the world. Elliot Bernstein is cofounder of 2chimps.com, plus assistant market strategist and a regular contributor to the website. His areas of expertise include technical analysis, timing, mutual fund investment strategies, stock sector analysis, and alternative energy stocks. He has been a quest on Internet business television and a contributor to the Bernstein on Stocks newsletter.