Trading Rules II: More Strategies for Success - Hardcover

Eng, Wi

Hardcover

ISBN 10: 0793112427 ISBN 13: 9780793112425

Publisher: Dearborn Trade,U.S., 1995

Synopsis

great condition, very clean and tight, some tears on DJ, shelf wear, signed by previous owner.

About this title

From the Author

To Be Known as the Forecaster of Governmental Collapses ...
... is not really how I want to be known from my writing career. Yet, I do have a chapter on a forecast. In Chapter 21: Never Overtrade; Trading Correctly Is More Important Than You Think, I forecasted that we would see an impending collapse of world governments due to inordinate trading of derivatives and their related products. As of this mention (9-25-98) we have seen massive governments collapse. This book was written in 1996 and forecasted this inevitability. So much for that hype. The reader will find that this second volume on trading strategies takes off from Volume 1. These strategies are more complex and requires more thinking. The reader is shown how the effect of stock splits can erase the stock's past. Arbitrage is defined explicitly for the reader and I tell the reader how he can simply apply arbitrage techniques in all forms of action, from the marketplace to one's own life. The complete "marketing" of a stock, from a low price to a high price, to a naive public is what is uppermost in the company's mind. The use of many strategies for the facilitating the transfer of stock ownership from strong hands to weak hands is the primary concern of stock distributors. Readers will find many of these strategies implemented daily. Discovering what they are will help the readers be more cautious and better investors. The concept of hybrid trading is shown to the reader whereby the trader must shift his thinking from a short term loser to a long term winner. Details are explicit and the readers will find reasons on how this is done. The "Eng" principle is illustrated: how recent mergers and acquisitions in companies continue and breed incompetent managers. The reader will find more insight into how the market really operates for the benefit of insiders. As "outsiders" you must know what is going on in order to avoid losing money. These are some of things I would like to be known for. The last forecast I would like to be known for is the one in which I forecast the collapse of governments through horrendous trading. The recent debacle with hedge funds (Long-Term Capital, e.g.) has wide-ranging ramifications which have yet to surface. Reading this book will help you cue in on what to expect ...

Edition details

• Publisher: Dearborn Trade,U.S.
• Publication date: 1995
• Language: English
• ISBN 10: 0793112427
• ISBN 13: 9780793112425
• Binding: Hardcover
• Number of pages: 284