Scientific Stock Speculation: With Introduction and Notes (Classic Reprint) - Hardcover

Charles H. Dow

Hardcover

ISBN 10: 0266558739 ISBN 13: 9780266558736

Publisher: Forgotten Books, 2018

Synopsis

Can speculation be a science? This book argues yes, with practical rules and cautious wisdom for investors.

It offers a clear look at how Dow’s ideas apply to real market trading, balancing theory with concrete examples.

This edition emphasizes that speculation deals with tendencies and conditions, not fixed formulas. It discusses how averaging, risk control, and patient investment can help readers navigate volatile markets. You’ll find guidance on trading from out of town, using value and dividends to judge value, and the difference between investment and quick, risky bets.

• How averaging can shape successful trading, including buying small lots and managing losses
• Practical approaches for outsiders to trade from afar, treating speculation like an investment
• Strategies for buying below value and selling when value catches up, with attention to dividends and earnings
• The role of margin, stop orders, and broker-customer relationships in risk management

Ideal for readers seeking a disciplined, historically informed approach to stock market thinking and practical trading guidance.

Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 0266558739
• ISBN 13: 9780266558736
• Binding: Hardcover
• Number of pages: 103