Monday, September 20, 2010

Profitable Stock Speculation for the Non-Professional by Alfred Schmidt

Profitable Stock Speculation for the Non-Professional
by Alfred Schmidt

Book Description: Windsor Books, Brightwaters, NY, 1968. Hardcover. Book Condition: Very Good. Dust Jacket Condition: Fair. 1st Edition. 8vo - over 7¾ - 9¾" tall. Hardcover, Green cloth boards with black title to cover and spine. Assumed First Edition. Book Condition: Very Good, light soil to edges, corners gently bumped, slight wear to edges and spine extreme, spine straight, binding tight, internally very clean, no marks to end papers or pages. Dust Jacket Condition: Fair, extremely soiled, numerous tears to edges and spine, price clipped. Contents: Preface, 1. The Necessity of Speculation, 2. The Risks of Speculation, 3. Bull Market or Bear Market? 4. Bull Markets, When to Buy and Sell, 5. Bear Markets - Survive & Profit, 6. Short Selling, 7. Margin & Market Perspective, 8. Charts in Major Cycle Speculation, 9. Diversification, & Operating Costs, 10. The Dangers of Limit and Stop Orders, 11. The Dangers of Averaging, 12. More Pitfalls to Avoid - Investing - New Isssues - OTC Unmarketability, 13. Speculate Alone & Keep Your Profits, 14. Speculation Guidelines & Dangers, 15. Some Parting Words. -- From the inside cover. "At last a book is available that presents an approach to speculative profits that does not make unrealistic time demands on the individual employed in a non-market activity. It is written by an "outsider," -- an engineer by training whose only connection with the professional market element is through the commissions he pays his brokers for executing transactions. He presents a synthesis of constraints that 99% of us must live with. -- 124 Pages.

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