STOCK MARKET GAMBLING: Turning on a Dime (ISBN 1434833488)

author's over view:
"Stock Market Gambling" describes trading a stock for a 3% gain, in other words on a $3, stock trading to gain ten cents a share, a dime gain--"turning on a dime". Many examples are given of trading for a $500 gain on a $15,000 stock investment (3%). However, the "catch" is that you need to buy more stock again if the price falls by 3%. The book shows stock trading with up to 10 losing bets, requiring typically about $150,000 of risk capital to gamble in the market. This isn't about investing, but gambling on small wiggles (3%). However these add up-- as sometimes several trades are done in the same week. How do you choose the stock to trade and when should you consider buying it? Read about these topics in this book. It's fairly simple to read at first and then get's a little more technical at the end, with an analysis of gambling in general--using a coin toss model as the prime example. In one sense the book simply preaches: "buy lower" and "sell higher". The key is not to look for the high or the low but just trade on the wiggles regardless of (and ignoring) the longer term trend. What's different-- this is the opposite of trying to spot the trend (technical analysis) or looking for a teriffic value (fundamenal analysis), and the view is to look for stocks that are wiggling and to trade on those wiggles. There are 6-8 examples of these trades. Several graphs and tables are for your review. However you might get bored with this kind of money making scheme and you also might "loose your shirt". I'm a computer engineer, not an investment advisor, read this book for entertainment. good luck, stan mazor (author)