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 Philosophy

Value Investing
• Selecting Stocks Under Value Investing

Technical Analysis
• Selecting Stocks Under Technical Analysis

Your Commitments
• Money
• Your Time
• What You’ll Need to Succeed

The Market’s Cycles
Your Approach: Short-Term Trading

Chapter 2 – The Basics

Cyclical Companies by Category

Financial Goals
• Profitability
• Stability
• Liquidity
• Efficiency
• Growth

Financial Analysis
Supply and Demand

The Cycle of a Stock
• Stage One
• Stage Two
• Stage Three
• Stage Four

Support and Resistance
Adding Emotion to the Cycle
Putting It Together

Six Ways Financial Markets Affect Companies
• Anatomy of an Uptrend
• Anatomy of a Downtrend

Going Public
• Underwriting

Reading a Company
Questions and Answers

Chapter 3 – How Stock Markets Work

Market Types
• Commodity Markets
• Futures Contracts

The Exchanges
• The NASDAQ
• The American Stock Exchange LLC

The Securites Exchange Commission (SEC)
• Securities and Exchange Commission Reports

The Indices
• The Dow Jones Industrial Average
• The NYSE Composite Index
• Standard & Poor’s 500 Index

Lessons Learned from the Past
• Lessons from the 1980s
• Today’s Considerations

Selecting an Online Broker
• Products and Services
• Interim Statements

Determining the Health of a Stock
• Fundamental Analysis
• Technical Analysis
• The IDB

Chapter 4 – Charting Basics

Charting Essentials: Line Charts, Bar Charts and Candlestick Charts
• Line Charts
• Bar Charts
• Candlestick Charts

Candlestick Charting Features

Basic Candlestick Patterns
• Hammer and Hanging Man
• Two-Candlestick Patterns
• Three-Candlestick Patterns
• Spinning Tops and High Wave Candlesticks

Questions