ISBN-13: 9780998762166 / Angielski / Miękka / 2017 / 132 str.
ISBN-13: 9780998762166 / Angielski / Miękka / 2017 / 132 str.
Rolling Stocks and Covered Calls describes two powerful investing strategies in a folksy down-to-earth style that is easy to understand and totally digestable. As many investors are increasingly shifting away from fundamental trading strategies to ones dictated by data and patterns. The shift comes as the market and indiviual investors have struggled with low volatility and a growing emphasis on low cost forms of passive trading. This book shows the average investor a few tools and trading strategies that levels the playing field with the "smart money" traders. According to the common dictum, the smart money trades use all pertinent available information while the idiots trade on noise as if it were information. Which camp are you in? Do you believe in this market dichotomy? If you believe the market dictum, then none of us regular main street individual investors would ever consistently make money in the market. However, I can assure you that there is a guy somewhere in Wichita, KS or Omaha, NB who gets up every day and is trading in his living room and in his underwear and is consistently making money. This book leverages rolling stocks as a trading pattern and couple it with covered calls to provide the average investor a few conservative trading tools and strategies. This book is about finding your own path to successful trading (it is a self-help book). Are there consistent trading patterns in the stock market that can help you to make money? After twelve years of researching and reviewing thousands of rolling stocks, I have selected the top 23 rolling stocks to put in this book (see Case Studies). I have decided to share my methods. First, simply find a reliable list of rolling stocks. Secondly, filter your list (this is where you need to do some homework). I will quote Warren Buffett "Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years" (that says it all). Exercise patience and persistence until you find the right price. I suggest setting price alerts so that when your stocks breach your price points, you will be ready to buy. Before you execute your trades, determine your exit strategy and profit targets. Lastly, sell when you have achieved your profit targets and repeat the process, either on the same stock or on your next favorite stock. That's it.