Super Charge Your Investing Approach for Big Profits

This is a book for Active Investors... who likes to do swing trading, definitely not a Buy-and-Hold book..

I read the book backwards...

And the Fast Track Your Journey section( Chapter 12) held my attention for a while..

In it , the author listed 5 areas :
(1) Hard work : 90% preparation. 10% Action
(2) Concentrate  : your stocks to five
(3) Certain Uncertainty : the stock market exists because people are not sure of the future
(4) Cut Loss/ Profit Run : ( fear ) that the market will fall ; ( hope ) that the market will rise
(5) Trail Profit : 7% from the top

In trading, the author uses the VSA ( Volume Spread Analysis) as his main tools... with 4 distinct market phases : Accumulation, Mark-up, Distribution, Mark-down. His view on the lack of selling pressure that is the main reason why stocks go up in price explains why syndicated stocks are being accumulated by players for a long time without volume.

Whilst on valuation, he recommend PE ratios or the E/P ratio which he then compares against the current FD rates.;

 On spotting the market strengths, he has 4 categories :
(1) Selling climax ( bag holding )
(2) Testing
(3) Stopping volume
(4) Shakeout

 Conversely, on market weakness, he has :
(1) Buying climax
(2) Up thrust
(3) No demand Up bar

His DEEP PRACTICE is basically a mental visualisation technique that he uses before he trades ...

In the early part of the book , he discusses the difference between Technical Analysis and Fundamental Analysis and that a combined approach usinf both methods can bring about better results than relying solely on one technique.

His search engine is Metastock.

Swing traders, active investors in the stock market.... this book is written for you!