Stock Market Gambling: Turning on a Dime (Trade Paperback)
Paperback, 88 Pages
Prints in 3-5 business days
ABOUT THE PAPERBACK, as featured on the nationally syndicated Marketplace radio program, December 2007: According to the author, "For years, when my stockbroker called me, I joked that I was 'talking with my bookie.' Is buying stock investing? Or is it a speculation -- a bet? After 40 years of 'investing' in stocks, I decided to try 'gambling.' Warning: my bet puts hundreds of thousands of dollars at risk -- with no guarantee of success. Read this book for entertainment, but NOT as an investment guide!" ABOUT THE AUTHOR: Stanley Mazor was a co-designer of the first commerical microcomputer silicon chip. He has published more than 50 papers on integrated circuit chip design and computer architecture over the years. He has been awarded the Kyoto Prize, the Ron Brown American Innovator Award, and the SIA Robert Noyce Award. He has also been inducted into the Inventor’s Hall of Fame. What does a scientist-engineer know about gambling? Read his book to find out!
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Oct 15, 2009"Investing is Speculating, or Betting" 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"
Dec 27, 2007"Honesty" Stanley Mazor is not a professional investor. Stock brokers are not always honest. I think he is. Bengt
Dec 14, 2007"What's it about" 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... More > 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".< Less
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- Standard Copyright License
- Unlimited Publishing LLC
- January 8, 2008
- Perfect-bound Paperback
- Interior Ink
- Black & white
- 0.4 lbs.
- Dimensions (inches)
- 6 wide x 9 tall
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