Taking Stock in Your Future: Trading a Single Stock

You won’t find a magic formula or trade secrets in Taking Stock in Your Future. But if you are willing to commit a good chunk of time and a great deal of effort you can be hugely successful in what author, Allan Rosenberg, believes is the most competitive profession today.Taking Stock in Your Future provides the tools and advice you need to become a thriving part-time trader and presents it in easy-to-understand terms. You’ll learn:The benefits and practices of value investing, as practiced by the likes of Warren Buffett;• How to read charts and diagrams so you know when to enter and exit a trade; • What to look for in a company, including how to read annual reports;• The cycles of a stock and the influences on the stock market;• How to set up an online account and create a trade log;• And you’ll work through a real trade.The insights and lessons presented in Taking Stock in Your Future will enhance your financial literacy and put you on the road to taking big profits.Chapter 1 – Our Approach And PhilosophyValue Investing• Selecting Stocks Under Value InvestingTechnical Analysis• Selecting Stocks Under Technical AnalysisYour Commitments• Money• Your Time• What You’ll Need to SucceedThe Market’s CyclesYour Approach: Short-Term TradingChapter 2 – The BasicsCyclical Companies by CategoryFinancial Goals• Profitability• Stability• Liquidity• Efficiency• GrowthFinancial AnalysisSupply and DemandThe Cycle of a Stock• Stage One• Stage Two• Stage Three• Stage FourSupport and ResistanceAdding Emotion to the CyclePutting It TogetherSix Ways Financial Markets Affect Companies• Anatomy of an Uptrend• Anatomy of a DowntrendGoing Public• UnderwritingReading a CompanyQuestions and AnswersChapter 3 – How Stock Markets WorkMarket Types• Commodity Markets• Futures ContractsThe Exchanges• The NASDAQ• The American Stock Exchange LLCThe Securites Exchange Commission (SEC)• Securities and Exchange Commission ReportsThe Indices• The Dow Jones Industrial Average• The NYSE Composite Index• Standard & Poor’s 500 IndexLessons Learned from the Past• Lessons from the 1980s• Today’s ConsiderationsSelecting an Online Broker• Products and Services• Interim StatementsDetermining the Health of a Stock• Fundamental Analysis• Technical Analysis• The IDBChapter 4 – Charting BasicsCharting Essentials: Line Charts, Bar Charts and Candlestick Charts• Line Charts• Bar Charts• Candlestick ChartsCandlestick Charting FeaturesBasic Candlestick Patterns• Hammer and Hanging Man• Two-Candlestick Patterns• Three-Candlestick Patterns• Spinning Tops and High Wave CandlesticksQuestions