The practice of stock speculation. Niederhoffer W., Kenner L.

The authors of the book are trader-manager Victor Niederhoffer , who is widely known in the world of finance, and Kenner Laurel, an outstanding analyst.

This symbiosis allows us to hope that the book “The Practice of Stock Speculation” is not only a theoretical guide, but also has practical value.

There are a huge number of books that talk about the simplicity of stock trading, the textbook refutes this statement, it teaches how to organize the trading process.

In fact, this is a set of tips and recommendations that allow you to prevent most mistakes.

1. Mum-Jumbo and Moonlight – a general idea of ​​the market and a description of the situation that existed at the time of writing. Statistics on changes in stock prices over recent decades.

2. Practical stock exchange game - a section in which the authors of the book move from theory to practice. Here you will learn methods of dealing with market noise, the basics of building an investment plan, a physical approach to money as energy, and learn the secrets of negotiations.

After reading the book, you get a double impression, it seems like you have received a lot of information, but most of the advice relates to real trading on the stock market. Among the useful points, it is worth noting the statistics of prices for exchange instruments and the identification of important patterns.

You can download the book in one of the online stores