Stock Trading Riches: The Simple, But Powerful Formula That Transforms Your Stock Picks Into Money Pumps - Softcover

Puri, Praveen

Softcover

ISBN 10: 1434809870 ISBN 13: 9781434809872

Publisher: CreateSpace Independent Publishing Platform, 2007

Synopsis

Praveen Puri, a trading and financial veteran, developed a passion for simplicity, minimalism, and Eastern philosophy. He created a pure Zen trading system that does not use any news reports, indicators, or charts to distract from Now. Instead, it uses a simple calculation to surf in flow with the market.

About this title

From the Publisher

"Book is very precise and clear. Easy to read and understand...retirement we will use it."
Jeff E., Buffalo Grove, IL

"Your book is very good. I like this approach better than Robert Lichello's A.I.M. I hope you have great success. There is so much misinformation in the media and in print on investing. Rebalancing to a constant value is sensible and very simple to do - free from emotion and bias."
Mark H., Dallas, TX

"...It's not a long book. But it is well-edited to "just what you need to know". Puri doesn't give you a bunch of extra crap and promotional hype. He tells you how to implement the system, take it or leave it."
Jake W., Anchorage, AK

"With your system, you should be managing millions in a hedge fund!"
Sergiu M., Geneva, Switzerland

"I read your book cover to cover and I think it's great. I get it...like purified drinking water. It's clear, it's elemental, it's good for you... what's not to like?"
Brad W., Hoffman Estates, IL

From the Author

I made a break-through when I shifted my mind-set from digital thinking to analog.

A digital system has two values (i.e. yes or no), while an analog system has a range of values. For example, a computer memory bit can only be off or on, but your oven can be set to a range of temperatures.

Normally, we trade digitally. After we buy a stock, we either hold it or sell it. So, for the trade to make us money, we only have one chance to buy the stock correctly, and then one chance to sell it correctly.

The trading system I ended up developing is analog. After you initially buy into a stock, the "magic" formula automatically uses feedback to adjust the position - buying and selling portions of your holdings. It works like a self-correcting gyro control in a torpedo.

Edition details

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2007
• ISBN 10: 1434809870
• ISBN 13: 9781434809872
• Binding: Paperback
• Language: English
• Number of pages: 102