Stock Trading is a fundamental book that explains simply and with utility the important processes and methods required to turn the novice enthusiast into a competent stock trader. Many people are aware of the mythology of stock trading, since images of fast-paced sales and frantic deals have infiltrated mainstream culture through film, television, and advertising. However, for those inspired by these images, it is hard to know how to enter the world of the stock market and how to avoid the crushing disappointments of poor trade decisions. In a style which is clear, focused, and well informed, this book takes the topic of stock trading and exposes the method behind the magic.
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This book was narrated in most convincing way and explained in detailed form.
Stocks are pieces of paper which represent a value in a business. A public corporation presents a certain number of stocks made available to the public for purchase. The public can purchase stocks through one of many stock markets or exchanges like the NASDAQ or the DJIA through a stock broker. When purchasing a stock there are investments and there are trades.
An investment purchase is the intent to hold the stock for 18 months or longer in hopes the company will increase the value of its stocks and thereby the purchaser earns more money than initially invested.
On the other hand, a trade is a purchase of stock with the intent of selling it back within 2 months or less for a quick profit, provided the value increases in the short term. While there is no commitment either way when making the purchase, those are typically the definition of what is meant when it is said to trade a stock or invest in a stock.
This is why I like this book. It is properly explained and the narration was good and convincing.
technical analysis in my advantage
This is the most realistic audio book that I have. I am new to this field and listening to this kind of book bring advantages for me. I don't want to fail in this endeavor cause I consider this as my bravest decision ever. The book provides stock trading tips and tricks fit for a beginner like me; explained it in direct to the point and concise way; educated me on different methods of buying stocks; how to use those technical analysis in my advantage and so on.