Short Term Trading and Long Term Investing - Hardcover

Vintcent, Charles

Hardcover

ISBN 10: 0273630571 ISBN 13: 9780273630579

Publisher: Ft PrenticeHall, 1997

Synopsis

"A highly worthwhile read for both novice and experienced investors alike". – David Guild, Laing and Cruickshank

This book is the secret to winning more times than you lose. It will enable you to equip yourself with the essential knowledge to maximize your profits and set achievable targets for growth. It will also show you how to carry out both value investing and trading, and discusses the need to understand both fundamental and technical analysis. It shows you how to apply these selectively.

Author :

Charles Vincent is a practising client stockbroker who has worked for Hambros and The Charterhouse Group.

About this title

Review

There's a joke floating around the market these days. It goes something like this: "what's the definition of a long-term investment? It's a short-term investment gone bad." Author Charles Vintcent, a stockbroker by profession, wouldn't be laughing. In Short-Term Trading and Long-Term Investing he draws a clear line between the two--and bursts a few bubbles along the way. A short-term trader is not necessarily someone who buys in the morning and sells in the afternoon, he explains--if it was possible to trade like that five days a week "we would all be millionaires." Instead Vintcent lowers our expectations to recognise that the aim of short-term trading is "to make sufficient profit each time we trade to make the exercise worthwhile and to do so often enough to get an above-average return on capital employed, net of all dealing costs." Here he methodically outlines steps anyone can use to invest in the market and the trading styles appropriate to market situations.

Short-Term Trading and Long-Term Investing is a practical guide offering real insight into the world of trading. Vintcent details how to undertake research, how to select the right shares at the right time and the key indicators that give investors a window onto the company's market prospects. So what is the difference between the two money-making styles? All a short-term trader should concern himself with is whether the share price fluctuates regularly and considerably over reasonably short periods of time. If so, then the trader can profit. For long-term investing, the investor has to consider the future growth prospects of a company. Now there's a punchline. --Bruce McWilliams

Synopsis

"A highly worthwhile read for both novice and experienced investors alike". -- David Guild, Laing and Cruickshank This book is the secret to winning more times than you lose. It will enable you to equip yourself with the essential knowledge to maximize your profits and set achievable targets for growth. It will also show you how to carry out both value investing and trading, and discusses the need to understand both fundamental and technical analysis. It shows you how to apply these selectively.Author :Charles Vincent is a practising client stockbroker who has worked for Hambros and The Charterhouse Group.

Edition details

• Publisher: Ft PrenticeHall
• Publication date: 1997
• Language: English
• ISBN 10: 0273630571
• ISBN 13: 9780273630579
• Binding: Hardcover
• Edition number: 1
• Number of pages: 254