RE: Beginners Questions
(2019-02-26, 03:19 PM)StageAnalysis Wrote:(2019-02-26, 02:07 AM)James Wrote: Hello, I recently read Stan Weinstein’s Secrets For Profiting in Bull and Bear Markets a few months ago and have been hooked to the stock market since. I was wondering if there’s any other books or videos that would be helpful to read that use the same/similar method? I’m new to the stock market and would like as much advice as possible, thanks!
Hi James, if you visit the main Stan Weinstein thread, there's a bunch of links in the first post that will help you. With regards to books that compliment the method. Mark Minervini's two books are really good if you are interested in the trader method, as they go into great detail and introduce some new concepts, like the Volatility Contraction Pattern, which is really good for minimising risk on entries. Another book that is good and compliments the trader method is How to Make Money in Stocks by William O'Neil. To learn more about relative strength, which is a key component of the method, then Point and Figure Charting by Thomas J. Dorsey is really helpful. For learning about money mananagement, I'd recommend Come into my Trading Room by Alexander Elder and other books he's written, as they also cover some of the key market breadth indicators that we use in the method.
Thank you! Could you possibly link me to the thread or post, just so I know I’m reading the right one please?