Hot Stock Market Strategies : 5 Secret Investment Tools That Work in a Bull or Bear Market

by BERNSTEIN

• ISBN13: 9781932531251
• ISBN10: 1932531254
• Edition: 1st
• Format: Hardcover
• Copyright: 2005-01-19
• Publisher: Entrepreneur Press

Summary

Tame the Wall Street beastbull or bearand succeed in any stock market with five precise winning strategies.In today's volatile market, standard investment strategies are just too narrow. The five easy-to-understand (and easy-to-use!) tips in this book will help you take advantage of the market, no matter what the current climate! Regardless of previous investing experience, anyone can make profitable investments by following these proven strategies.Jake Bernstein, an expert with more than 35 years in the field, offers a contrary and controversial viewpoint that cuts through technical jargon to bring you methods that have been tested and proven effective. He will show you how to: Organize a successful trading routine Pick the right stocks at the right time Navigate the market to maximize returns Analyze critical indicators, charts and graphs Manage risk Spot big moves before they happen Identify abnormal fluctuations in stocks Use the repetitive, historical patterns of the market to get in (and out) at the right timeWith lots of answers and no nonsense, this book will show you how to make big money in the market and keep itunder any conditions!

Author Biography

Jacob Bernstein is the author of more than 35 books on trading and investing. His expertise on proprietary market indicators and timing tools has also been highlighted through his appearances on major radio and television programs, including Wall Street Week, and CNBC.

Table of Contents

Acknowledgments	ix
Preface	xi
Chapter 1 General Investment Model (GIM): An Overview	1	(16)
Introduction to the General Investment Model (GIM)	2	(1)
The First Step	3	(1)
Different Points of View	4	(1)
The Five-Part GIM Structure	4	(10)
How the GIM Works	6	(1)
Phase 1: The Historical Pattern	6	(2)
Phase 2: Expectation	8	(1)
Historical Patterns Lead to Expectations	9	(1)
The Y2K Folly	10	(1)
Phase 3: Confirmation of Historical Expectations	11	(1)
Phase 4: Action	12	(1)
Phase 5: Management of Risk and Profit	13	(1)
Effective Implementation of the GIM	14	(3)
Chapter 2 Setup, Trigger, and Follow-Through (STF)	17	(8)
The Setup, Trigger, and Follow-Through Approach (STF)	18	(1)
The STF in Detail	19	(6)
Chapter 3 Financial "True Confessions"	25	(10)
Play a Little Game	27	(6)
Testing Yourself	28	(2)
Evaluating the Results	30	(3)
A Universal Eternal Truth	33	(2)
Chapter 4 Technical versus Fundamental Trading	35	(10)
Technical Analysis	38	(2)
What Is TA?	38	(2)
Many Methods and Opinions	40	(1)
The Essence of Technical Analysis	40	(5)
Examples of TA	41	(4)
Chapter 5 A Closer Look at Technical Analysis Concepts	45	(26)
Market Timing and Timing Indicators	46	(1)
What Is a Timing Indicator?	46	(3)
Types of Timing Indicators	49	(4)
Price versus Time: The Quintessential Consideration	51	(2)
Basic Timing Indicators	53	(14)
Moving Average Indicators (MAs): Traditional and Advanced	54	(1)
Variations on the Theme of Moving Averages	55	(1)
Stochastics (Sl) and the Relative Strength Index (RSI)	55	(3)
Chart Patterns and Formations	58	(2)
Parabolic	60	(1)
Directional Movement Indicator (DMI) and Average Directional Movement Indicator (ADX)	60	(1)
Momentum and/or Rate of Change (ROC)	61	(2)
Accumulation Distribution and Its Derivative	63	(4)
Other Technical Indicators	67	(1)
Elements of an Effective Stock-Trading System	67	(2)
Support and Resistance	69	(1)
The Value of Trading with Support and Resistance	70	(1)
Chapter 6 Gap Your Way to Profits	71	(28)
Trading the Gap	72	(3)
Emotions and Prices	72	(2)
Common Features	74	(1)
What Is the Opening Price?	75	(1)
How Gaps Look	76	(1)
What Causes Gaps?	76	(2)
A Short-Term Game	78	(1)
A Close Look at the Gap Trade Rules	78	(12)
Gap Trade Buy Setup	79	(1)
Trigger for Gap Buy Trade	80	(6)
Gap Trade Sell Setup	86	(1)
Trigger for Gap Sell Trade	86	(4)
Gap Size and Penetration Amount	90	(4)
Size of the Opening Gap	90	(2)
Penetration Amount	92	(2)
Reviewing the Gap Method	94	(2)
Multi-Gap Method	96	(3)
Chapter 7 Short-Term Key Date Seasonal Trades	99	(42)
Do Not Ignore the Risks	100	(1)
What Is a Seasonal?	101	(3)
Do Stock and Commodity Prices Show Seasonal Price Variations?	103	(1)
What Is Key-Date Seasonal Analysis?	104	(3)
Stop Losses	107	(13)
High-Accuracy, Short-Term, Key-Date Trades	107	(1)
Listing of Selected Seasonal Key-Date Trades in Standard and Poors 500	108	(12)
Key-Date Seasonals in Individual Stocks and Indices	120	(15)
Why Are Seasonal Trades So Difficult to Follow?	135	(1)
The Philosophy and Psychology of Seasonals	136	(5)
Chapter 8 Day-of-Week Patterns in the Stock Market	141	(12)
The Basics	142	(3)
Follow-Through	145	(1)
The "Dumb Stop"	145	(2)
The Smart Stop	147	(4)
Follow-Through: Profitable Exit	147	(4)
Sample Trades	151	(2)
Performance	152	(1)
Chapter 9 Surfing the Stock Channel	153	(14)
What Is a Trend?	154	(4)
Defining Support and Resistance	158	(5)
Examples of Support and Resistance	160	(2)
Moving Average Support and Resistance	162	(1)
Debunking the Myths	163	(2)
A Better Method	165	(2)
Chapter 10 Discipline and Trader Psychology	167	(22)
Enemies of the Trader	168	(3)
Imagination	168	(1)
Over-Thinking	168	(1)
News	169	(1)
Fear	169	(1)
Greed	169	(1)
Expectation	170	(1)
Rationalization	170	(1)
Disorganization	170	(1)
To Think or Not to Think: The Trader's Dilemma	170	(1)
The "Zeitgeist"	171	(1)
Edsel Trading	171	(2)
Why Bother?	172	(1)
Feelings Aren't Facts!	173	(2)
Trade-Don't Think	174	(1)
I'm Far from Perfect	175	(2)
20/20 Hindsight	176	(1)
Information Overload	177	(2)
Why Traders Crave Information	179	(1)
My Suggestions	179	(2)
Additional Issues and Aspects of Discipline	181	(2)
Your Choices as a Short-Term Trader	183	(2)
Make More by Trading Less?	184	(1)
The More Information the Better the Results	184	(1)
Will a Computer Help You Trade Better?	185	(1)
Will a System Help You Trade Better?	186	(1)
Do Commissions Represent Quality of Service?	186	(1)
Traders Want to Succeed but...Why Don't They Act Like It?	187	(2)
Chapter 11 30 Tools to Build Profits	189	(24)
It's Your Decision-Succeed or Fail	203	(1)
So You Want to Strengthen Your Discipline?	203	(1)
Maximizing Profits, Minimizing Losses	203	(1)
Defining Trading Discipline	204	(1)
The Three Levels of Trading Discipline	205	(5)
I. Preparation and Planning	205	(1)
II. Implementation	205	(2)
III. Risk Management	207	(1)
How to Determine What Is Right for You	207	(3)
A Few Closing Thoughts About Discipline	210	(3)
Trading Discipline Can Be Learned	210	(1)
Trading Discipline Is by Far the Weakest Link in the Trading Chain	210	(1)
Trading Discipline Is at Least as Important as Your Trading System	210	(1)
Trading Discipline Should be Your Priority	211	(2)
Chapter 12 Where Do You Go from Here?	213	(6)
Index	219