Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Successful Stock Speculation
    Successful Stock Speculation
    Successful Stock Speculation
    Ebook93 pages1 hour

    Successful Stock Speculation

    By John James Butler

    ()

    Read preview
    LanguageEnglish
    PublisherArchive Classics
    Release dateNov 27, 2013
    Successful Stock Speculation

    Related to Successful Stock Speculation

    Related ebooks

    Related podcast episodes

    Related articles

    • Article

      Discipline Goes A Long Way

      Mar 31, 2022

      The life of a trader is not what most of us might imagine it to be – that is, glamorous, exciting and paved with gold. More likely it is solitary, private, a bit boring and, when done right, provides a living. We could all be traders. We could all be

      5 min read

    • Article

      A Little Hedging Can Go a Long Way to Protect Your Retirement Savings

      Jun 10, 2020

      "Don't worry, the market always comes back." If you haven't heard this comment yet -- from a well-meaning friend or co-worker, or maybe a concerned financial professional -- you almost surely will. We're all hoping for the best but bracing for the w

      4 min read

    • Article

      How Investors Can Prosper With Technical Analysis

      Feb 6, 2019

      Many investment advisors and money managers have a little secret. They will proudly tell you that they rely heavily on fundamental analysis, carefully weighing earnings, market share, competitive environment and demographic trends to select the best

      5 min read

    • Article

      Don't Settle for Anything Less Than True Diversification

      Dec 11, 2018

      Diversification is a big word, but it can be simply defined: Don't put all your eggs in one basket. That sounds easy enough to understand and accomplish, but it can be trickier than you might think. That's because there's a big gap between how Wall

      3 min read

    • Article

      Learn From Your Mistakes

      Apr 29, 2022

      Netflix’s disappointing results (see page 6) have proved costly for hedge fund manager Bill Ackman. Earlier this year, Ackman built a $1.1bn stake in the streaming giant, which had just endured another big sell-off, via his Pershing Square investment

      2 min read

    • Article

      Technical Analysis Tools For Long-term Investing

      Oct 30, 2020

      in the 22 October issue of finweek, I wrote about how I am trying my hand at trading local equities for the first time in over a decade. Some aspects of my index trading have helped (discipline and risk management), but stocks are more volatile and n

      2 min read

    • Article

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • Article

      RSI Alone Not Enough

      Sep 18, 2020

      oscillators, such as the relative strength index (RSI) and stochastics, are often used as signals for overbought and oversold zones. Let’s use the RSI as an example. Generally, an RSI set on 14 days is considered over-bought above the 70 level, but t

      1 min read

    • Article

      What I Learned from Losing $200 Million: The 2008 financial crisis taught me about the illusion of control, and how to give it up.

      Dec 24, 2015

      I’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think

      15 min read

    • Article

      The Magic of Moving Averages

      Jan 31, 2019

      When price charts begin to look like jagged mountain ranges, it can be hard to map out which way stocks are headed. Enter the simple moving average. The tool is a staple of technical analysis--the practice of determining the direction of stock prices

      2 min read

    • Article

      He Learned to Trade for Profit - and Can Teach You, Too

      Jan 31, 2019

      Raymond Rondeau, 55, of Exeter, R.I., is a trader, president of the New England American Association of Individual Investors chapter, and creator of AAII's new course, "Investing Strategies and Technical Analysis." When did you start trading? I began

      2 min read

    • Article

      How To Count Your Losses

      Nov 15, 2019

      in the previous issue (7 November), I wrote about trading, and in particular about gearing via the use of derivatives, as well as what we should (or shouldn’t) be trading. I promised to return to the other two parts of the equation: How to employ a s

      3 min read

    • Article

      Change In Sentiment

      Oct 2, 2020

      Change In Sentiment
      1 min read

    • Article

      A Better Way To Tell A Correction From A Bear Market?

      Nov 30, 2018

      The standard definition of a correction is a 10% market decline, while a bear market is a 20% decline. These are simple definitions ... I take a different view. At Cornerstone, we view a correction as a significant decline within an up trend. Th

      3 min read

    • Article

      The Smart Way To Make Money

      Nov 15, 2019

      most people are frightened of investing on the stock exchange. Especially if they’re nearing retirement or are retired, as people often are when they have substantial sums of money that could be invested in shares. Despite this, shares are among the

      3 min read

    • Article

      Rogue Trader

      Jun 5, 2020

      Rogue Trader
      10 min read

    • Article

      Why Inverted Yield Curve Panic Is Overdone

      Mar 30, 2022

      In case you haven't heard by now, the "2-and-10" yield curve momentarily inverted this week. Some market participants and financial media have responded with alarm, and given this signal's singular track record of predicting U.S. recessions, that's n

      4 min read

    • Article

      Breakout Is Possible

      Jan 10, 2020

      Breakout Is Possible
      1 min read

    • Article

      How to Make Market Volatility Work for You

      Apr 5, 2018

      There are more certainties in life than just death and taxes. For instance: If you invest money in the stock market, you certainly will face market volatility now and then. Periods of high volatility are normal. Investors need to understand that life

      4 min read

    • Article

      Why Bigger Isn’t Always Better

      Oct 16, 2020

      as well as being a long-term investor, I am also a short-term trader on the JSE, trading index futures before the equity market opens. Although the profits (or losses) are small in every trade, the profits are larger than the losses and I get a few m

      2 min read

    Reviews for Successful Stock Speculation

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Successful Stock Speculation - John James Butler

      Project Gutenberg's Successful Stock Speculation, by John James Butler

      This eBook is for the use of anyone anywhere at no cost and with

      almost no restrictions whatsoever. You may copy it, give it away or

      re-use it under the terms of the Project Gutenberg License included

      with this eBook or online at www.gutenberg.org

      Title: Successful Stock Speculation

      Author: John James Butler

      Release Date: October 8, 2008 [EBook #26841]

      Language: English

      *** START OF THIS PROJECT GUTENBERG EBOOK SUCCESSFUL STOCK SPECULATION ***

      Produced by Stephen Blundell and the Online Distributed

      Proofreading Team at http://www.pgdp.net (This file was

      produced from images generously made available by The

      Internet Archive/American Libraries.)

      Successful

      Stock Speculation

      By

      J. J. BUTLER

      Written April 1922

      Published December 1922

      Published by

      NATIONAL BUREAU OF FINANCIAL INFORMATION

      395 Broadway, New York City

      This Book Is Not Copyrighted

      We believe the principles expounded in this book are of immense value to everyone who buys speculative securities, and we do not object to anyone reproducing any part of it, whether or not we are given credit for it.

      National Bureau of Financial Information

      CONTENTS

      PART ONE

      INTRODUCTORY CHAPTERS

      CHAPTER I.

      THE PURPOSE OF THIS BOOK

      This book is written for the purpose of giving our clients some ideas of the fundamental principles that guide us when we select stocks for them to buy, but these principles are valuable to every person who trades in listed stocks or in any other kind of speculative stocks.

      First of all, we want you to get a clear conception of the meaning of the word speculation, which is explained in the next chapter. Our purpose is to protect you against losses as well as to enable you to make profits, and it is very important that you understand how to provide for safety in your speculating.

      It is a well known fact that there are tremendous losses in stock speculation, but we claim that almost all of these losses would be avoided if all speculators were guided by the principles expounded in this book.

      What and When are two very important words in stock speculation, and we cannot urge upon you too strongly to study carefully Chapters V. to IX.

      Chapters X. to XV. tell you much about the influences that affect the prices of stocks, a knowledge of which should also be a guide to you in making your selections.

      Perhaps the most important chapter in the entire book is XXV., on Market Information. A careful reading of this chapter should convince you that much of the prevailing information about the stock market is misleading. That fact alone accounts for many of the losses in stock speculation.

      It has been our aim to state all facts briefly. The entire book is not long, and it will not require much of your time to read it through carefully. We are sure you will get many ideas from it that will help you.

      CHAPTER II.

      WHAT IS SPECULATION?

      To speculate is to theorize about something that is uncertain. We can speculate about anything that is uncertain, but we use the word speculation in this book with particular reference to the buying and selling of stocks and bonds for the purpose of making a profit. When people buy stocks and bonds for the income they get from them and the amount of that income is fixed, they are said to invest and not to speculate. In nearly all investments there is also an element of speculation, because the market price of investments is subject to change. Investment also conveys the idea of holding for some time whatever you have purchased, while speculation conveys the idea of selling for a quick profit rather than holding for income.

      To the minds of most people, the word speculation conveys the thought of risk, and many people think it means great risk. The dictionary gives for one of the meanings of speculation, a risky investment for large profit, but speculation need not necessarily be risky at all. The author of this book once used the expression, stock speculating with safety, and he was severely criticized by a certain financial magazine. Evidently the editor of that magazine thought that speculating and safety were contradictory terms, but the expression is perfectly correct. Stock speculating with safety is possible.

      Of course, we all know that the word safety is seldom used in an absolute sense. We frequently read such expressions as:

      Enjoying the preview?
      Page 1 of 1