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 …
Buy Stock Trading Riches: The Simple, But Powerful Formula That Transforms Your Stock Picks Into Money Pumps at Amazon
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.
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.