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Wall Street Money Machine Vol. 3 (with Audio CD), by Wade B. Cook
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Wade Cook continues to build upon his money machine concept in this, the third volume of the Money Machine series. Volume 3 is dedicated to the concept of a bear market-not how to avoid one, but how to make money in one In life, timing is the key. Timing is also the key in the stock market. Might there be a bear market? Yes, says Wade Cook, but not now. There may however be corrections or serious dips, along with new highs, despite the fact the economy is strong. This book is about these ups and downs. Learn how to be a better participant in the market by being a better observer of the market: both as a student and a trader. Learn not only why there won't be a bear market right now, but also how to prosper in the coming years.
- Sales Rank: #1108931 in Books
- Brand: Brand: Lighthouse Publishing Group
- Published on: 2000-06-01
- Original language: English
- Number of items: 1
- Dimensions: .73" h x 6.20" w x 9.56" l,
- Binding: Hardcover
- 180 pages
- Used Book in Good Condition
Most helpful customer reviews
0 of 0 people found the following review helpful.
Wade Cook has alot of knowledge and experience!!!!
By Diontheguy
I was motivated right away and quickly was sold. I have been trading and experimenting with options for about 4 or 5 years and have been making money by my own learning just this year consistently. Reading this book I can tell right away he knew what he was talking about and it wasn't hype. I didn't realize that selling options could be so safe and profitable. I was so influenced by this book, I want to read other things he wrote. I think this guy is a genius and has a lot to offer a lot of people. He has more knowledge on business and investing than most authors I have read and he explains things in a simple way that's easy to understand. I have read a lot of books on investing and that says a lot!!!! I just finished "Wall Street Money Machine" my first Wade Cook book. I want to check out "Don't Set Goals (the Old Way) by Wade Cook. The description sounds very good. It talks about the book making you a goal getter instead of a goal setter and after reading the wall street money machine, I think it might just work. Because I could tell that the money machine wasn't hype I am fairly confident that the don't set goals book will help me get kick started. I like that he gets right to the point and speaks from experience. If that book is anywhere near as good as the wall street money machine, I am going to think this guy is one of the most influential people in the world to help you succeed!!!!! I am obviously very impressed!!!!!!
1 of 1 people found the following review helpful.
Good introduction to rolling stocks, options, and calls
By John Cain
This is a very good introduction to rolling stocks, options, and calls. To me that is the main value of the book. The author was very clear in his explanations. Of course, be aware that there is also some selling of his courses and seminars.
I was particularly interested in rolling stocks. If that is your interest, I would recommend Rolling Stocks: Making Money on the Ups and Downs by Gregory Witt.
At first I was a little put off by Wade Cook's recent conviction, but please do not let that influence your decision in buying this book. You can learn to fish from a man, but just because that man is convicted of stealing fish does not diminish what you learned from him about fishing. This is not a book on ethics.
0 of 2 people found the following review helpful.
This book can be dangerously misleading to unsavy traders.
By A Customer
I read this book because it was recommended to me by another trader. I have almost 10 years of experience trading and have in the past utilized many of the techniques talked about by Mr. Wade. His strategies are highly risky and not what I would consider to be responsible investing. He really never delves into the downsides to his investing such as getting stuck in unwanted positions with large losses or getting very desirable stocks called from you while leaving the dogs running in your account (which is exactly what happened to my account when I used to trade in the manner he suggests). Some people will get lucky with his techniques, but I never found his methods to consistently win over time. I have found other methods that absolutely blow away his techniques, such as daytrading. A better book for investors who really want to benefit off of investing would be William Engs "Trading Rules", or "How to Make Money in Stocks" by William Oneil, or the Motley Fool Investing books.
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