Successful Stock Speculation is written for the purpose of giving our clients some ideas of the fundamental principles that guide us when we select stocks for them to buy, but these principles are valuable to every person who trades in listed stocks or in any other kind of speculative stocks. First of all, we want you to get a clear conception of the meaning of the word speculation, which is explained in the next chapter.
Our purpose is to protect you against losses as well as to enable you to make profits, and it is very important that you understand how to provide for safety in your speculating. It is a well known fact that there are tremendous losses in stock speculation, but we claim that almost all of these losses would be avoided if all speculators were guided by the principles expounded in this book.
“What” and “When” are two very important words in stock speculation, and we cannot urge upon you too strongly to study carefully Chapters V. to IX. Chapters X. to XV. tell you much about the influences that affect the prices of stocks, a knowledge of which should also be a guide to you in making your selections. Perhaps the most important chapter in the entire book is XXV., on Market Information. A careful reading of this chapter should convince you that much of the prevailing information about the stock market is misleading. That fact alone accounts for many of the losses in stock speculation. It has been our aim to state all facts briefly. The entire book is not long, and it will not require much of your time to read it through carefully. We are sure you will get many ideas from it .. that will help you.
Contents:
– PART 1:INTRODUCTORY CHAPTERS
- THE PURPOSE OF THIS BOOK
- VHAT Is SPECULATION
- SOME TERMS EXPLAINED
- A CORRECT BASiS FOR SPECULATING
– PART 2:WHAT AND WHEN TO BUY AND SELL
- WHAT STOCKS TO BUY
- WHAT STOCKS NOT TO BUY
- WHEN TO BUY STOCKS
- WHEN NOT TO BUY STOCKS
- WHEN TO SELL STOCKS
– PART 3:INFLUENCES AFFECTING STOCK PRICES
- MOVEMENTS IN STOCK PRICES
- MAJOR MOVEMENTS IN PRICES
- THE MONEY MARKET AND STOCK PRICES
- MINOR MOVEMENTS IN PRICES
- TECHNICAL CONDITIONS
- MANIPULATIONS
– PART 4:TOPICS OF INTEREST TO SPECULATORS
- MARGINAL TRADING
- SHORT SELLING
- BUCKET SHOPS
- CHOOSING YOUR BROKER
- PUTS AND CALLS
- STOP LOSS ORDERS
– PART 5:CONCLUDING CHAPTERS
- THE DESIRE TO SPECULATE
- TWO KINDS OF TRADERS
- POSSIBILITIES OF PROFIT
- MARKET INFORMATION
- SUCCESSFUL SPECULATION
Successful Stock Speculation By J. J. Butler (John James Butler) PDF
Juliette Valdez (verified owner) –
This book explained a few basic things about trading, but not current enough for me. I would not recommend this book to anyone who is already invested in the market.
Margo Bauer (verified owner) –
Stock advice for 98 years ago some of it still relevant. Moody and poor’s had been around for a while.
Genevieve Mathews (verified owner) –
What words of wisdom written in deceptivley plain English that masks the underlying truths to the casual reader. For seasoned traders, it’s incredible to see 1) the fact that some things never change in spite of changing technology and specific securities and 2) the fact that you can converge upon these words of wisdom written so long ago through your own experiences.
Keyla McMahon (verified owner) –
The book was written 90 years ago, yet many points on the topic of stock market speculation still hold true today. You won’t get a specific approach to start making money now, but it is a good read for people who are new to investing in stocks. Some stock market terms are defined and the book offers some pitfalls to avoid when it comes to market speculation. It’s an old gem that makes you feel you’re living in the 1920’s period.
Ansley Johns (verified owner) –
Very good book for beginners. Written many years ago but still relative to modern times.You have to read this in one sitting. The author makes total sense about the stock market.
Beckett Harrell (verified owner) –
i love it
Jaylin Knight (verified owner) –
Good insight. The book is from the early 1920s. Overall a good book to read. Very short but informative. Thanks
Joziah Quintero (verified owner) –
A book published in 1922 on investing by a stockbroker who does not hide the fact that he wants the reader to invest in his product. He gives the same advice that you can find in books written today. Speculation, when to buy and sell, margin, short selling, fundamental vs technical analysis are all covered, even if not in depth. There is good advice for any investor in the markets.
It is worth reading by all who are new to investing and as a reminder to experienced investors that things don’t change much.
Jakob Hunt (verified owner) –
Great explanations and defining of key terms. Short and concise. A good read for first time investors. Definitely worth a read.
Jamir Bentley (verified owner) –
This book is a bit dated although the basic principals in it still hold true. Its a quick read and considering its free its worth the time.
Kieran Faulkner (verified owner) –
For people who want to start up their own business, this book is highly recommended. It contains principles to avoid losses and risks. It explains the influences that can affect the stocks. Terminologies are well defined. It has many ideas and information including facts that the stock market is misleading. So you can end in a better decision. It’s short but very educational.Mark , author of Hidden Credit Repair Secrets.
Kyler Strong (verified owner) –
It’s a Old book and it is short, but still contain valid and usefull basic information about Stock Speculation.
It is a good reading. Recommended