1. Your Questions About How To Invest In Stocks Books
Linda asks…
Books for investing and stock trading?
any suggestions for stock trading books or long investing books? btw ive already got 'how to
make money in stocks" by william oneil, personally i think its a really good book, i want to learn
more useful information and strategies!!
Steve Winston answers:
Warren Buffett mentions every year that he advises everyone to read his former mentor's book
"The Intelligent Investor"
Also, I recently talked with Mark Fischer, multimillionaire trader who owns the biggest clearing
firm at the New York Mercantile Exchange who wrote a book called "The Logical Trader" which
uses stats and math to come up with the best probable points to buy anything based upon
moving averages and timelines.
Either one of these would be great reads (or you could read both)
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2. William asks…
good books for learning about stocks ? and couple questions ?
im currently reading Getting Started in Stocks by Alvin D. Hall.
any other suggestions ?
i am a young man trying to learn how to invest my money in stocks. i want to know
everything, i have been playing virtual stock exchange online to get a feel for the stock market.
how can i pick good stocks ? what books should i be reading ? WHAT SHOULD I PAY
ATTENTION TOO in the stock market ? what is basic knowledge i should know about the stock
market ?
Steve Winston answers:
Dear johnny,
I suggest you to sign up for the Free Weekly Wealth Letter, the e-mail newsletter packed with
money-making investment ideas will be delivered to your inbox every Tuesday morning.
Weekly Wealth Letter is loaded with unique insights and powerful resources for wealth building
through smart investing. What is it you want to do? Get rich through smart investing? Become a
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3. millionaire? Thrive in an economic recession?
Ken asks…
If i want to learn how to invest in stocks, where should I start?
I'm 18 and in college, but I know nothing about investing in stocks. What websites or books
would you recommend. I'm willing to do heavy reading..
Steve Winston answers:
Before you enter into any transaction, you should first know what you’re doing, why you are
doing it and how to do it and the rules relating to what you are doing.
Before you invest in any security, the first investment you should make is in yourself, and the
best investment you can make is by educating yourself.
Start your education by learning why you should invest and the importance of being able to
make your own decisions or how the pro’s make theirs.
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4. Here is some reading material that can get you started in the right direction,
Beating the Street by Peter Lynch
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered, by Gallea
From Riches to Rags, by I.C. Freeley
Millionaire Traders, Lein & Schlosberg
How to Make Money in Stocks” by William O’Neil
24 Essential Lessons for Investment Success by William O’Neil
The Intelligent Investor, by Benjamin Graham
Common Stocks, Uncommon Profits, by Philip A. Fisher
One Up on Wall Street by Peter Lynch
Stocks for the Long Run, by Jeremy Siegel
The Interpretation of Financial Statements by Benjamin Graham
Trading for a Living, by Alexander Elder
What Works on Wall Street by James O'Shaunessey
You Can Be a Stock Market Genius by Joel Greenblatt
Your Money and Your Brain by Jason Zweig
Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance.
(http://moneycentral.msn.com/home.asp , http://finance.yahoo.com/ . While at MSN following
the strategy lab analysts to get a feel for what the pros are doing and why. This site has some
basic information for beginners. If any site offers free information, take it.
Other website that can provide instructions and help with procedures and terminology are
Investopedia - http://www.investopedia.com/ Stock Charts - http://stockcharts.com/,
http://www.investorshub.com/ http://www.1source4stocks.com/,
http://www.tradingstocksguide.com/tradin…
Visit some of the more professional websites like Zacks - http://www.zacks.com/ Smart Money -
http://www.smartmoney.com/ Schaeffer’s http://www.schaeffersresearch.com/ Some of these
web sites will have advertisers who are worth looking into also. And remember, if they offer free
information, get it.
Attend all the free seminars you can, just be careful and don’t get pressured into anything you
really don’t want or need. Most schools offer courses in finance and economics, but very few
will have courses on the mechanics of the investment markets, if they do try taking the course.
You may want to consider on-line courses, the New York Institute of Finance use to have such
courses. Try to get some fee information from the stocks exchanges they all have (had) free
booklets, SIAC and some of the regulators (FINRA SEC MSRB CBOE) may provide some free
literature.
You at least have made the right decision to start investing, this is the first big step and it won’t
be your last. Keep taking those steps forward and along the way never take the advice from
people that are not in the market or try to tell you not to invest.
Good luck on your journey
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5. Mark asks…
Good books for learning about stocks ? and couple questions ?
im currently reading Getting Started in Stocks by Alvin D. Hall.
any other suggestions ?
i am a young man trying to learn how to invest my money in stocks. i want to know
everything, i have been playing virtual stock exchange online to get a feel for the stock market.
how can i pick good stocks ? what books should i be reading ? WHAT SHOULD I PAY
ATTENTION TOO in the stock market ? what is basic knowledge i should know about the stock
market ?
Steve Winston answers:
There are literally thousands to choose from and every guy has favourites - Mastering The
Trade by John Carter
websites include -
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6. stoxline.com
dailystocks.com
freestockcharts.com
marketwatch.com
ft.com
incrediblecharts.com
quote.com
one of the most important factors is psychology and how YOUR mind/personality determine's if
you gain or lose money....
Mary asks…
How do I invest in these stocks and find them? HELP?
READ THEN GIVE INPUT
Look bellow at Diedrich coffee DDRX over the past six months (chart at the bottom of this) it has
had a massive gain: Stocks like this one and others that I seen come out of what is called a
"Narrow Sideways Price Channel"! In other words in this case it was at a relatively FLAT price
or price channel when it was a penny stock and then it stated picking up momentum. There is a
rule I once remember reading in an investing book that if a stock or commodity is in a narrow
flat price range: if it STARTS to gain momentum in will generally continue on in that direction
until resistance is met. In other words if there is a 20 dollar stock and it stays almost the same
price for 3 month but then all of a sudden starts falling to 18 and bellow, then it will probably
KEEP going down for a long time to come i.e. falling demand. The same holds true for this
stock if a stock that's 35 cents which it was and stays flat and then goes to 1.10 there is a good
chance it will keep going up i.e. rising demand. I have SEEN this pattern before it's amazing
how it seems to work. SOOOO how can someone screen for this or find this? IS there software
for finding horizontal narrow price channels?
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7. http://moneycentral.msn.com/investor/charts/chartdl.aspx?showchartbt=Redraw+chart&D4=1&
DD=1&D5=0&DCS=2&MA0=0&MA1=0&C5=1&C5D=26&C6=2009&C7=4&C7D=1&C8=2009&
C9=0&CF=1&symbol=DDRX&nocookie=1&SZ=0&CP=0&PT=5
Steve Winston answers:
Well there is a couple of problems using this stock as the basis for your thesis. DDRX was
added to the Russell 2000 Index in June which means all index and ETF funds that replicate the
index would have had to buy it to properly replicate the index returns which means the stock
would go up on that news alone. The stock really jumped in April which corresponds with the
first period they reported an operating profit in their history, a profit that equates to 25 cents a
share which is substantial considering the stock was trading at 49 cents at the time. It is
benefiting from the growth in Green Mountain Coffee which has experienced exponential growth
as it was recently chosen by McDonald's as its exclusive coffee maker.
Http://www.fool.com/investing/general/2009/07/09/4-winners-that-will-be-losers.aspx
The key to testing a model like you are describing is testing it on a number of different stocks
that fall into the screen and ensuring that the model works in more than just one situation.
DDRX is a small cap stock that is closely tied to another company and is benefiting from that
relationship, that is a great fundamental story, but its not a statistically significant one. Its easy
to pick a stock like this and apply your thesis and say "see it worked" but the fact is that this isn't
a normal case.
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8. Mandy asks…
I want to learn the basics of how to invest in the stock market (wut
books can i read?)?
or sites can i go to? my roomate has an index. i was thinkingabout a mutual fund but theres
something called the high 50 dividend strategy portfolio (50 huge corporations) that elimate the
percentage the guys managing a mutual fund takes out... i dont have a lot of money.. should i
just start out with a cd till i have like 5k?
Steve Winston answers:
Here is some reading material that can get you started in the right direction
The first book you should read is Rich Dad Poor Dad by Robert Kiyosaki
Then try some of these
What Works on Wall Street by James O'Shaunessey
Beating the Street by Peter Lynch
One Up on Wall Street by Peter Lynch
The Warren Buffett Way by Robert Hagstrom
How to Make Money in Stocks” and 24 Essential Lessons for Investment Success both by
William O’Neil
The Disciplined Trader by Mark Douglas
Here's some websites for you
http://moneycentral.msn.com/home.asp
http://finance.yahoo.com/
http://www.investors.com/?tn=top
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9. http://investorshub.advfn.com/default.aspx
http://www.thestreet.com
http://www.brokerage101.com/
http://www.1source4stocks.com/
http://www.decisionpoint.com/TAcourse/TACourseMenu.html
http://stockcharts.com/
http://www.grahaminvestor.com/
http://www.thestreet.com/
http://www.morningstar.com/
There are many people just like you that are, or were looking to invest and those that did bought
Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help
investors like you, who are either just entering the investment world or who have no investing
experience. Once you feel you at least have an understanding of investments you should look
into ETFs which are similar to mutual funds but are traded on the exchanges.
Mutual Fund companies as well as ETFs have an entire array of products many will fit your
needs. You can go to the MSN.Money website
http://moneycentral.msn.com/home.asp it has an entire section on mutual funds and Exchange
Traded Funds. Read about the various products and in doing so you will be getting investment
ideas and at the same time educating yourself about investing.
You could also contact the funds companies for more information. I have found that Vanguard &
Fidelity can meet your needs for mutual funds. The service and information they provide is all
free and you will find it helpful
At least you smart enough to try a study what to do and not just jumping into things
With your mature approach and some studying, you'll do well
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10. David asks…
I want to invest into stocks, can anyone guide me or please
suggest me books to read for starters.?
Im a student who has no knowledge about stocks. I would like to invest in stocks for myself.
could anyone guide where and how to start or perhaps any good books to read for starters.
Thanks Heaps,
Venkat
Steve Winston answers:
Start here:
http://www.fool.com/
10 / 12

11. Maria asks…
good books on stock market investing?
I was looking around on amazon for a good book to help me learn how to propery choose
profitable stocks to invest in, it seems flooded with a lot of "how you can make a billions
dollars like me" books. Just wondering if anyone has any good recomendations? it would also
be awesome if it was a recent book that maybe took into account all the crazy stuff that has
gone down in the past couple years. Thanks!
Steve Winston answers:
Here is some reading material that can get you started in the right direction. The all have been
written by professionals with years of investing experience.
Beating the Street by Peter Lynch
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered, by Gallea
From Riches to Rags, by I.C. Freeley
Millionaire Traders, Lein & Schlosberg
How to Make Money in Stocks” by William O’Neil
24 Essential Lessons for Investment Success by William O’Neil
The Intelligent Investor, by Benjamin Graham
Common Stocks, Uncommon Profits, by Philip A. Fisher
One Up on Wall Street by Peter Lynch
Stocks for the Long Run, by Jeremy Siegel
The Interpretation of Financial Statements by Benjamin Graham
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12. The Warren Buffett Way by Robert Hagstrom
Trading for a Living, by Alexander Elder
What Works on Wall Street by James O'Shaunessey
You Can Be a Stock Market Genius by Joel Greenblatt
Your Money and Your Brain by Jason Zweig
Good luck, at least you smart enough to do some studying on your own. Take your time, learn
all you can and you WILL become a successful investor.
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