File Format | PDF
File Size | 22.7 MB
Pages | 129
Language | English
Category | Stock market
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Description: This book will
help you to understand the stock market the easy way. The information will be a
startling revelation to most readers. Newspapers, magazines, and television
newscasters always appear to give authoritative statements on the latest
stockmarket move, however you can never be told the real truth.
Most traders
give little or no attention to how the stock market actually works because they
believe that they already know how it works. The stock market is simple: it
works on supply and demand like any other free market place; if there is more
buying than selling then the market must go up, and conversely, if there is
more selling than buying it must go down. In principle this is correct, but in
practice it does not always work exactly the way it sounds.
This book not
only explains why moves occur, but also how to recognise the underlying forces
at work in the stock market. It shows you how to select individual stocks with
limited information. Fundamental analysis, P/E ratios, advice from your broker,
buy or sell recommendations from newspapers and magazines - these are the
traditional ways of picking stocks, but there is a far better way to pick the
right stocks while leaving the poor ones alone.
This book is the
result of Tom Williams' 12 years trading in California combined with what
Wyckoff had to say about volume. Readers should benefit immensely from the new
and creative computer and non-computerised market timing indicators and
thinking that Tom opens up.
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The Undeclared Secrets That Drive the Stock Market