What Stanley Mazor and I share is a view that 'investing' in the stock markets is actually a form of 'speculating' or 'betting'. But that doesn't mean you can't make money, even with no better advantage than blind chance.



Where we differ is that in my book I document an approach based on trend following rather than Stanley's more aggressive 'turn on a dime'. But then his approach is fictional, isn't it?

Tony Loton -- author "DON'T LOSE MONEY! (in the Stock Markets)" and "Financial Trading Patterns"

Stanley Mazor is not a professional investor. Stock brokers are not always honest. I think he is.
Bengt

This book describes buying and selling a stock for a
3% gain, in other words on a $3, stock trading for
ten cents, a dime game--"turning on a dime". Many
examples are given of a $500 gain on a $15,000. stock investment (3%). However, the "catch" is that you need
to buy more stock again if the price falls by 3%. The
book shows stock trading with up to 10 losing bets,
requiring typically about $150,000. of risk capital
to gamble in the market. This isn't about investing,
but playing for small wiggles (3%). However these add
up as sometimes several trades are done in the same
week. How do you choose the stock to trade and when
should you consider buying it? Read about these topics
in this book. It's fairly simple to read at first and
then get's a little more technical at the end, with
an analysis of gambling in general--using a coin toss
model as the prime example. In one sense the book only
preaches to "buy lower" and "sell higher". The key is
not to look for the high or the low but just to trade
on the wiggles regardless of (and ignoring) the longer
term trend. What's different this is the opposite of
trying to spot the trend (technical analysis) or looking
for a teriffic value (fundamenal analysis), and the
view is to only look for stocks that are wiggling and
to trade on those wiggles. There are 6-8 examples of
these trades with companies you might know. Several
nice graphs and tables for your review. However you
might get bored with this kind of money making scheme
and you also might "loose your shirt".