Stock Market Rules: 50 of the Most Widely Held Investment Axioms Explained, Examined and Exposed
The go-to stock-investing guide for more than a decade, Stock Market Rules gives you the knowledge and clarity you need to invest like the wizards of Wall Street. Stock Market Rules, analyzes 50 maxims to show you which ones work, which ones used to work but don’t anymore, and which ones are, and always have been, dangerously wrong.
Introduction:
Axioms relating to the stock market have probably been around as long as stock trading. One of the oldest known axioms relates to selling short: He who sells what isn’t hisen must buy it back or go to prison. The continuous buying and selling in the stock market attracts clever sayings and words of wisdom about what to do or what not to do in a particular situation.
Always remember that buying or selling stock involves two differences of opinion. The buyers believe that the price will rise and the sellers believe the price is going nowhere or down. How can axioms about trading stock be helpful? They are based on real stock market experience, and experience is often the seasoning that makes investors richer or poorer.
A look at the list of illustrations shows the depth of coverage of this comprehensive work. The book contains many charts of stock market indexes and individual stock prices. Although the analysis is relevant to the time of the charts, things change. In today’s market, change happens quickly.
The price charts and analyses are not meant to be current buy or sell recommendations; rather they show real-world examples of the concepts presented in the book.
The “rules” presented in this book are axioms based on investing in and trading stocks of publicly held corporations. The concepts are explained, examined, and exposed in order to bring about an understanding of the many fine points of stock trading.
The investor’s understanding of these concepts will improve his or her decision-making process and help him or her with the buying and selling of stocks. Greater knowledge and understanding can lead to greater profits.
Contents:
- Research
- Analysis
- Strategy
- Trading
- Good Ideas
- Caution
- Surprises