The book will describe how to actively trade stocks based on changing fundamentals and technicals. Payne will provide strategies for capturing swings of several days, swings of several weeks to a few months, and longer term moves. He will intersperse his advice with stories of his own growth and development as a top Wall Street analyst and with stories of investors who exemplify the dos and donts of trading and investing. Payne will describe how he evaluates the health of the overall market and how he picks stocks that he believes are poised for big moves. He will describe the basics of fundamental and technical analysis, and how he applies those two disciplines to stock picking. Payne will emphasize the importance of exiting positions correctly in order to maximize profits and minimize losses. Throughout the book, Payne will maintain a down-to-earth, easy-to-understand tone.
Book Details:
- Author: Charles V. Payne
- ISBN: 9780470075012
- Year Published: 2007
- Pages: 352
- BISAC: BUS036000, BUSINESS & ECONOMICS/Investments & Securities / General
About the Book and Topic:
The book will describe how to actively trade stocks based on changing fundamentals and technicals. Payne will provide strategies for capturing swings of several days, swings of several weeks to a few months, and longer term moves. He will intersperse his advice with stories of his own growth and development as a top Wall Street analyst and with stories of investors who exemplify the dos and donts of trading and investing. Payne will describe how he evaluates the health of the overall market and how he picks stocks that he believes are poised for big moves. He will describe the basics of fundamental and technical analysis, and how he applies those two disciplines to stock picking. Payne will emphasize the importance of exiting positions correctly in order to maximize profits and minimize losses. Throughout the book, Payne will maintain a down-to-earth, easy-to-understand tone.
Thousands of stocks are available to trade and every day some of these stocks make big moves. The reasons behind the moves can be many and varied: unexpectedly strong earnings; insider buying; a recommendation from a top analyst; a strong technical formation; or a completely unfounded rumor. Savvy and aggressive investors try to identify and profit from stocks poised for a strong, short-term move. The complete opposite of a buy and hold approach, this type of trading requires excellent timing, nerve, and the ability to exit positions to maximize profits and minimize losses. Although difficult and risky, aggressive stock trading can reap huge profits.
Author has high media profile: Payne is a regular panelist on Fox News, Bulls and Bears and appears frequently on Cavuto on Business. He has also appeared on ABC, BBC, CNN, CNBC, the Nightly Business Report, Reuters Financial Television, and Bloomberg Television. He is frequently quoted in the print publications, including the Wall Street Journal and New York Times. Strong author website: Through dedicated emails and traffic to website, daily market comments are viewed by about 25,000 people daily. Author will push book to subscriber list and to total email list of 50,000+ people. (Author website: www.wstreet.com) Big profits in stocks: The book will show people how to trade the market to profit from short term and medium term price swings. Engaging, semi-autobiographical read: The author will tell his own story about striking out on his own with $10,000 and becoming one of Wall Streets most successful and popular independent analysts. Use of stories to make points: The author will use stories of real investors he has known to exemplify the dos and donts of active stock trading and investing.
About the Author
Charles Verzell Payne (New York, NY) is the founder and Chief Analyst of Wall Street Strategies. Payne started his career in 1985 at EF Hutton. In 1989 he switched gears and landed a position with a small research firm where he first saw a niche for independent and timely equity advice. With less than $10,000.00 in start-up capital and working from his apartment, he struck out on his own and launched Wall Street Strategies, Inc. in 1991, where he started serving up his unique brand of stock market advice. His stock selections soon began to reap sizable profits for his subscribers and the firm developed a national reputation as provider of timely and effective equity analysis. He is in demand as a guest on several well-respected finance-oriented radio and television programs and he is widely recognized in the media as a leader among the analyst community. He is routinely sought after for his market opinions by several prestigious news organizations.