Online Bookselling: A Practical Guide with Detailed Explanations and Insightful Tips
Average customer rating: 5 out of 5 stars
  • pretty decent
  • As real as it gets
  • What A Time Saver !!!
  • Excellent
  • "PRAISE FOR MIKE MOULD"
Online Bookselling: A Practical Guide with Detailed Explanations and Insightful Tips
Michael E. Mould
Manufacturer: Aardvark Publishing Company L.L.C.
ProductGroup: Book
Binding: Paperback

GeneralGeneral | Sales & Selling | Marketing & Sales | Business & Investing | Subjects | Books
InvestingInvesting | Personal Finance | Software | Computers & Internet | Subjects | Books
eBayeBay | Business & Culture | Computers & Internet | Subjects | Books
Booksellers & BooksellingBooksellers & Bookselling | Books & Reading | Literature & Fiction | Subjects | Books
Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
Look Inside Computer BooksLook Inside Computer Books | Trip | Specialty Stores | Books
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ASIN: 1427600708

Product Description

This book has everything you need to start your own home-based online bookstore and more. It covers: where to buy the books worth reselling, the various available online marketplaces and the advantages/disadvantages of each, how to price and grade your books, how to safely store your books with ease of locating them in mind, how to plan your business, the legal structures of online bookselling businesses, in-state retail sales tax and Schedule C tax issues, how to pack your books to minimize "escapees," thrid-party wireless lookup service, inventory management software providers, re-pricing tools, online postage services, websites & advertising, shipping methods & trade-offs, how much to pay for books, shipping material suppliers, an exhaustive list of wholesale & remainder book distributors, and much more. The author has included graphs to demonstrate how long you might expect to wait to sell a book with a given Amazon sales rank, histograms of profit distributions you might expect, tables of Roman Numerals, photographs of packing procedures & bookseller terminology, etc. With this book as your guide you are well on your way to being a successful online bookseller. Printed in Times New Roman 9 pt font.

Customer Reviews:

4 out of 5 stars pretty decent.......2007-10-01

this is the 1st book on the subject i've read, and there are some good points and tips...frankly, i think too much space was devoted to packing issues, and the pricing given for various supplies and services is certainly out of date, making one feel as if they're "late to the game", even though they just received the book...i'd suggest an update...

5 out of 5 stars As real as it gets.......2007-09-21

Sometimes a book is more important than entertainment or mental stimulation. This is one of those books that can actually change your life. It is very readable and the information is dynamite.

Somewhat to my (delighted) surprize everything the author says panned out exactly as he said it would. Michael Mould is a no nonsense engineer who got into on-line bookselling years ago. He shares knowledge and experience in down to earth prose that helps the serious newbie make real money...for real.

Selling on Amazon is fun if you get a good grip on what the business is about before you launch. The book and CD provide that, but important details are explained too. The practical tips are abundant and useful. I made multiple times the cost of the book the first week selling on Amazon before I knew what hit me. This is truly a business you can start for little money. With hard work and a service attitude there is outstanding opportunity.

5 out of 5 stars What A Time Saver !!!.......2007-04-07

Congradulations to Michael Mould for compiling an all you need to know volume to get you started in the business of online bookselling.Easy to read, complete and well organized.This book has saved me both time and money in the transition from a "Bricks & Mortar" book retailer operating 6 stores to an entirely online entity by avoiding many common pitfalls and consolidating necessary industry information. A "must read" for anyone in the same circumstances!

5 out of 5 stars Excellent.......2007-04-06

The books previous high reviews were the reason I purchased this book instead of the others offered. And the book lived up to the reviews.
Written in a friendly neighbor sort of style it is chock full of what seems to be most useable information about an exciting opportunity for todays small business owner.
I would recommend this book over the others on the strength of the information given alone. And the spreadsheets on CD are an extra value worth the higher cost of this book.
Read it and learn.

5 out of 5 stars "PRAISE FOR MIKE MOULD".......2007-03-16

This is not your typicial run of the mill "how to" book filled with just general information that most online-booksellers already know.

Mike gets into the meat of the the business. He has also incorporated with his CD, a business plan which tells you how to grow your business with exactly how many books to buy each month to reach your set annual profits.

He gives many tips and insights that you won't find in any other online bookselling book!

If you have only one book you can buy, this is it!!! It will save you time and money and help you to start growing your online book business.
How I Trade for a Living (Wiley Online Trading for a Living)
Average customer rating: 4 out of 5 stars
  • A book from a REAL trader
  • Refreshing honesty with no hype
  • Gary Smith Is the Real Deal
  • disjointed, not methodical at all
  • Honest book!
How I Trade for a Living (Wiley Online Trading for a Living)
Gary Smith
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
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ASIN: 0471355143

Book Description

Master the Markets by Trading from Home! how I trade for a living "Gary Smith deals in reality. If you want to really learn to trade for real profits, not hypothetical, mumbo-back-tested programs, this book is a must. I seldom read market books anymore, but I read every word of this important book. Get it." -Larry Williams, author of Long-Term Secrets to Short-Term Trading "How I Trade for a Living is a remarkable book; truly a treasure trove of market information.. Highly recommended." -Humphrey E. D. Lloyd, MD, author of Trading S&P Futures & Options: A Survival Manual and Study Guide "Straight talk from an accomplished veteran on how to succeed as a full-time trader. Gary Smith recounts the obstacles he overcame on the road to trading mastery and describes the strategies, indicators, and insights he used to reach his goals." -Nelson Freeburg, Editor, Formula Research "It is always valuable to get inside the mind of a successful trader. Gary Smith does a good job taking you there in a book loaded with useful tips and helpful hints. A worthy addition to any trader's library!" -Gary B. Smith, Contributing Editor, The Street.com "In How I Trade for a Living Gary Smith dispenses a healthy dose of that rarest of all commodities, vicarious experience from a consistently winning trader. New traders will find great benefit from looking over Smith's shoulder as he generously shares with the reader the valuable knowledge he has gained over three decades of trading." -Edward D. Dobson, President, Traders Press, Inc.

Customer Reviews:

4 out of 5 stars A book from a REAL trader.......2006-10-17

What I really liked most about this book is that it was written by someone who actually trades for a living instead of a vendor who makes his living off selling courses, classes, and books. Gary Smith took a $2,000 account which he struggled with for 19 years to a $700,000 account after reading hundreds of trading books. How did he do this? By finally quitting trying to go for the big when and focused on gaining money each month. He really made the big money at first by trading S&P futures then when he got in the 6 figure range he switched to mutual funds only because he can not deal with the volitilitu of individual stocks. This book is like a modern day version of Nicolas Darvas's "How I made $2,000,000" it is the true story of how an individual broke the trading code. Here are my key learnings:

1. Trade momentum get in when the market moves up and stay in while it continues to go up, run for your life at the first sign of it dropping.

2. Live and breath the market with the help of CNBC, The Wall Street Journal, magazines, books, and some good news letters,

3. Trade what works for you, whether it be stocks, options, futures, etc.

4. Avoid vendorland in the investment world and focus on educating yourself.

5. The stock market has made 40% of its historical gain from November and December. The best days to trade are Monday, Tuesday, and Friday.

6. Position trading is better than day trading.(Staying in over night or the week end).

7. Agonize over your losses and learn from them.

8. Watch for divergences in the S&P, NasdaQ, and Dow, and buy when one runs up past the others.

9. THE MARKET TELLS IT'S OWN STORY BEST.Watch buying momentum.

He has an excellent reading list at the back of the book that will enrich you. I also recommend reading Alexander Elders "Trading for a living" and Van Tharps "Trade your way to Financial Freedom" for a complete picture on how to really trade for a living.

4 out of 5 stars Refreshing honesty with no hype.......2006-07-25

This was one of the first books I bought on trading while I was doing it part time. I was struck by all of the parallels between what he had experienced and what I was experiencing in my trading.

I enjoyed his breezy no nonsense style of writing and the fact that he delivers what he promises, how HE trades for a living. I emphasize HE because if you are a trader It is doubtful that you will trade like him...mutual funds with no technical analysis.

Having said that I did benefit from some of his techniques and discovered a few sentiment indicators that I had not used previously.

I would recommend this book as a complement to a good T.A book like Tom O'Briens Timing The Trade. Together you should have most of your bases covered.

5 out of 5 stars Gary Smith Is the Real Deal.......2006-02-26

I first learned about Gary Smith on the floor of the CBOT, where he was something of a living legend to speculators there. This man is the real deal. Yes, he actually knows how to trade, unlike the myriad of charlatans in the trading book business. One of the most important points to emanate from Smith's book is the fact that the man went through years of suffering as he attempted to reach his goal. Trading is not something you can master in a few months. Many people quit lucrative jobs thinking they are going to be the next Jesse Livermore or Nicholas Darvas. Folks, it's not going to happen unless you are prepared to study, work hard and take a series of blows to your trading account and your ego.
It takes years to be a successful off the floor trader/speculator. Gary's book makes a number of excellent points, one of them being that you cannot successfully trade the grains, the softs and the meats off the floor. If you want to be a successful off the floor trader, you must find some type of financial derivative to trade.

Gary writes in rich detail about the various indicators that help him make successful trades. He also has an excellent appendix that lists his favorite books on trading. This is one of the best books I have ever read on the subject of trading. It is a classic in the same league as Reminiscences of a Stock Operator and How I Made a Million Dollars in the Stock Market. Buy it, you won't be disappointed.

2 out of 5 stars disjointed, not methodical at all.......2006-01-30

Frankly, I'm a bit surprised over the reviews favoring this book. Yes, it does appear written by someone knowledgeable about the markets; yes, he does reveal *his* methods, but therein lies the problem. What, exactly, are his methods? They are a disjointed mix of different techniques that *he* subjectively uses without really providing a methodical framework for how you can implement those same methods. The book is somewhat like a fellow rambling on and on sitting next to you on a bus, without really showing you HOW to do what he does. Believe me, I picked up the book really *wanting* to believe it could help me and making every effort to make the book *work*. But in the end, I put it back on the bookshelf along with all the other hocum that's out there on trading. Definitely not worth the $40.00 it lists for.

5 out of 5 stars Honest book!.......2005-10-30

Very good book, provides very good concepts on trading. Its biggest virtue is to be honest.

This book could be used as an entry point to Contrarian thinking to later jump to Victor Niederhoffer's books which are more complex.
Investing Online for Dummies, 5th Edition
Average customer rating: 4.5 out of 5 stars
  • Investing Online for Dummies, 5th edition
  • You don't have to buy this.
  • Good Concise Overview to Get One Started
  • Get Up To Speed With New Strategies, Tools and Resources
  • A great guide for online investing
Investing Online for Dummies, 5th Edition
Kathleen Sindell
Manufacturer: For Dummies
ProductGroup: Book
Binding: Paperback

GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
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Online TradingOnline Trading | E-commerce | Industries & Professions | Business & Investing | Subjects | Books
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ASIN: 0764584561

Amazon.com

Investing Online for Dummies is an invaluable resource for those who want to take advantage of the timely nature of the Internet for online investing. Author Kathleen Sindell covers all the bases for the online investor including setting up stock screens, selecting mutual funds, fishing for IPOs, and online banking and trading. This book is loaded with links to investment resources on the Internet and also includes a CD-ROM with demos of various investment tools and popular shareware programs. Highly recommended for online investors.

Book Description

Everybody talks about it—how much you can save , and earn, when you start an online investment program. If you’ve decided you’re ready to find out what all the excitement’s about, you’re in luck. Investing Online For Dummies has been completely revised and updated with the latest tools, Web sites, rule changes, and tips that can make online investing easy and profitable.

To be a successful online investor, you need to know your way around the Web and you also need to understand something about investments. Investing Online For Dummies can help you make sound financial decisions by:

This 5 th edition of Investing Online For Dummies provides clear instructions and ample illustrations, taking you from the basics of online investing to making your own online stock transactions to purchasing bonds online. A few of the things you’ll discover:

There’s so much information available on the Internet that you can easily feel overwhelmed. Investing Online For Dummies leads you through that maze, showing you how to get started, what you really need to know, where to go online to find it, and how to get the process underway. When it comes to choosing which cruise to take to celebrate your success, however, you’re on your own!

Download Description

Everybody talks about it - how much you can save , and earn, when you start an online investment program. If you¿ve decided you¿re ready to find out what all the excitement¿s about, you¿re in luck. Investing Online For Dummies has been completely revised and updated with the latest tools, Web sites, rule changes, and tips that can make online investing easy and profitable. To be a successful online investor, you need to know your way around the Web and you also need to understand something about investments. Investing Online For Dummies can help you make sound financial decisions by: Outlining basic investment fundamentals Explaining how stock options work and helping you determine the value of your employee stock option plan Pointing out costly traps and ways to avoid them Directing you to resources that provide information you need and helping you make sense of it Showing you how to use the Internet to become a savvy investor

Customer Reviews:

5 out of 5 stars Investing Online for Dummies, 5th edition.......2007-01-10

The delivery was on time. The book is good for me

1 out of 5 stars You don't have to buy this. .......2007-01-03

I came here to write a review for this book, and found that a reviewer below, "A reader", had already written what I was going to write. This book provides a reader with no information, but with long lists of websites to look at. You can access those websites most often just wasting time (like "A reader" already said). Using search engines like Google/Yahoo is much better than thumbing through this book.

5 out of 5 stars Good Concise Overview to Get One Started.......2005-05-15

You can't watch television these days without getting bombarded with ads for on line brokerage companies. What's been missing has been a centralized source for information about the whole thing. This book provides that source. It's not complete - if it were it would be so big that you couldn't carry it around - but it's a great start.

You can read this book from cover to cover in just a few hours. That is, just a few hours if you don't take the time to go out on the web looking at the things she suggests. And that right there is the key to this book. Here is a good start that covers the whole field from A to Z, and at nearly each and every point along the way she points you to web sites for more information about specific points.

The problem with going to the web for more information, of course, is that web sites appear, go away, merge or whatever. She admits this, but accepts this risk and gives you multiple sites (you couldn't possibly visit all that she mentions) or suggests ways to find a missing or dead site.

This is a great way to get the basic information you need before getting started with selecting a broker and deciding what to buy.

5 out of 5 stars Get Up To Speed With New Strategies, Tools and Resources.......2005-04-07

This newest edition of "Investing Online for Dummies" reflects the latest changes and improvements to online investing Web sites. Addresses building an online information system, setting up a basic investment strategy, determining how much to invest, selecting an online broker and trading online, finding the right investments, performing Internet transactions securely, saving on commissions, managing a portfolio, and much more.

5 out of 5 stars A great guide for online investing .......2005-03-22

As I surf the Web, I often feel that it's like visiting a library where all the books have been spilled on the floor. The information is there but I don't know where to begin my search. "Investing Online For Dummies" explained how to get started, steered me to free or low cost online services, pointed out the important parts of Web sites, and showed me the process of online investing.

Trend Trading: Timing Market Tides (Wiley Trading)
Average customer rating: 3.5 out of 5 stars
  • Nothing new. Basic knowledge for long term trading
  • Disappointing-save your money
  • This is a hard read.
  • Worthwhile
  • Specific ideas for beginners and serious traders
Trend Trading: Timing Market Tides (Wiley Trading)
Kedrick Brown
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
GeneralGeneral | Business & Investing | Subjects | Books
FuturesFutures | Investing | Business & Investing | Subjects | Books
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ASIN: 0471980218

Book Description

Written in a straightforward and accessible style, Trend Trading teaches you how to trade equity trends with sound money management discipline, from the individual stock level to the whole portfolio level. Tailored to investors who want to use elements of trend following strategies in their equity portfolios, Trend Trading presents unique investment tools and advanced technical analysis methods in simple, commonsense terms.

Customer Reviews:

1 out of 5 stars Nothing new. Basic knowledge for long term trading.......2007-08-12

This book shows methods for trend following long term trading.

There is nothing new in it. If you have already read for example "Trade your way to financial freedom" (a much better read by the way), you will learn about nothing in this book.

The style of the book is quite academic but all presented things are extremely simple. Everything is very much detailed with obvious formulas or repeating the same stuff for the short side (exactly symmetric) after having been explained for the long side, perhaps in order to reach the critical number of 200 pages for the book.

I wonder what is the motivation for this book since there is nothing new. A result of the Wiley Trading frenzy to publish?

1 out of 5 stars Disappointing-save your money.......2007-02-20

Too academic and nothing new to add to material that is already out there.Not that practical from a swing trader's point of view.

3 out of 5 stars This is a hard read........2007-01-29

I found this book to be difficult to read. I didn't think the book was well organized or well written. I often found myself rereading sections and starting the book over. It was hard to understand some of the information not because it was complicated, but because it just wasn't written clearly.

I would not recommend this for the novice investor. There are better books out there.

5 out of 5 stars Worthwhile.......2007-01-03

I read this book over Christmas break, initially thinking that I had picked up yet another tome that amateur traders would find entertaining, but which would contain little useful information about the actual details of trading.

I quickly realized that Trend Trading was no ordinary book. It is literally packed with trading details, from its in-depth explanation of trend trading and money management tactics to its exposition on the psychological experience during different stages of trading.

What a privilege for us that Kedrick took the time to write this book after 8 years in the markets. A truly worthwhile read

5 out of 5 stars Specific ideas for beginners and serious traders.......2006-11-24

Systems traders have long been known to employ profitable trend following strategies in the futures markets. Applying those concepts to stock trading has proven to be difficult, although the idea of trend following in stock markets dates back at least the days of Charles Dow. In a new
book, Kedrick Brown, a former vice president at Knight Equity Markets, LP, redefines trend trading and offers readers a lot to think about, and readers of this book will find a large number of testable ideas.

Brown reviews the basic tenets of Dow Theory, and summarizes the underlying idea as, "Dow Theory thus assumes that it is only worth
owning stocks during confirmed bull markets in the major indices, and that one should be out of stocks otherwise." He also offers a straightforward definition of a trend following trading strategy as, "Any preplanned, rule-based strategy for managing open position P&L in which open profits could hypothetically grow indefi nitely under a limited
set of circumstances, while open losses are limited under all circumstances."

After developing a common base of understanding, Brown develops a relatively simple trend following strategy applying what he calls three dimensional technical analysis. In three dimensional technical analysis, traders need to consider not only price and time in a single stock, but they should expand their focus to similar information in multiple stocks simultaneously. In his book, Brown fully develops a sample strategy to trade any NASDAQ stock, such as MSFT.

This strategy, one of many in the book, relies on an objective method of defi ning a market's trend - the binary trend identification method using
Donchian bands:

1. Filter condition: Take long positions in MSFT only if the NASDAQ Composite is in an uptrend, defined as price having made a new 32-day high more recently than it made a new 32-day low.
2. Buy MSFT if it makes a new 24-day high while the NASDAQ Composite is in an uptrend.
3. Limit your losses by setting an initial fixed stop at the 24-day low at the time of trade entry.
4. If the initial stop is hit, reenter on a new 24-day high if the NASDAQ Composite is still in an uptrend.
5. Exit if the NASDAQ Composite enters a downtrend, defined by the price reaching a new 32-day low.

Buy and sell decisions in this example follow the trend of the general market. The strategy manages open position P&L by limiting losses and allowing profits to run in bull markets.

Interestingly, specific reentry points are precisely defined. This is often challenging for traders to do, and Brown points out that it is important to get back into positions after being stopped out if trend following in equities is going to be rewarding to traders.

Other trading strategies are comprehensively developed in the book, and the reader is always given a complete understanding of the underlying principles. Brown also devotes a large portion of the book to a detailed discussion on position sizing, and provides worksheets that traders can use or adapt for their personal use to develop trading plans. Overall, the book can serve as a complete "how to" manual for the beginning trader, but offers a great deal for more experienced traders.

In an interesting, but brief section, Brown addresses the institutional money manager's need to add alpha by outperforming, on a relative basis, a benchmark. Assuming the benchmark is the S&P 500, Brown notes, "If you hold a proxy for the S&P 500 at all times when not trading, you need only to outperform the proxy during the holding periods of your trades to beat its long term performance (before commissions and taxes)." The discussion and test results of this point are worth considering for all those attempting to outperform a benchmark.
What Works in Online Day Trading
Average customer rating: 4 out of 5 stars
  • To be considered a 'gem' in relation to its price.
  • Decent book
  • Strategies you can use
  • Eclectic, but useful
  • Good Book - Like it
What Works in Online Day Trading
Mark Etzkorn
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0471372889

Book Description

Here is a uniquely honest examination of the online day trading concept, the firms that cater to it, and what works online and what doesn't, so that would-be day traders can avoid the pitfalls-and the losses. Discussing trading as a business that most traders conduct without a plan, this book addresses common trading misconceptions, provides realistic answers to critical questions, and features an investigative analysis based on real people who are day trading and the firms they trade at or through-whether through virtual trading rooms, the Internet, or real-time operations.

Customer Reviews:

3 out of 5 stars To be considered a 'gem' in relation to its price........2005-09-29

I decided to give this book a chance in providing me essential elements of a typical intraday technical trading system. Sure I wasn't expecting a copy-paste daytrade system that suits everyone.. if there ever was one...
It's just, if you're starting out in daytrading (asuming you've been doing numerous of position & swing trades) looking for honest information, this book does the job. Eclectic but essential and honest. The actual job of creating a profitable system, simple or complex, still is yours.. .

4 out of 5 stars Decent book.......2002-09-08

This is not your ordinary trading book, but one that teaches some real "usable" techniques. The book is broken up into chapters written by different people, so the tone of voice will change frequently. The prize of this book is the Seleznov breakout method, which anyone can use to trade profitably for life. That alone is worth thousands of times the price of this book. I'd recommend this for any serious amateur/semi-pro level short term trader who may be lacking a consistent trading system.

5 out of 5 stars Strategies you can use.......2002-03-15

I have read many "trading" books, and find this one a pleasant suprise. Section Two includes a good source of trading strategies that work, each one written by people who actually trade. Strategies covered include 1) pure price action by Gary Smith, 2) breakouts by Mark Seleznov, 3) seasonals by Steve Moore, et.al., 4) patterns by Mark Etzkorn, 4) springs and upthrusts by Hank Pruden, 5) Bow Tie patterns by Dave Landry, and a few others.

The strategies include a good summary of setups, entries, stops, and exits. These summaries are general enought that you can program them in most any backtest software you use, not just Tradestation or C++. I use them to backtest with TC2000 and TC Companion.

The book also has very good information on risk mangement, the mechanics of trading and the mindset of different trading styles.

The great thing about this book, is that it is a well integrated compilation of tools and techniques from a variety of well known and/or highly successful traders. The editor did a wonderful job of taking this diverse group and integrating the book into a very logical and usable flow.

While it may be too much for the pure beginner, this book will be most appreciated by the intermediate to advanced trader.

4 out of 5 stars Eclectic, but useful.......2002-01-02

This is an eclectic book. It doesn't focus on a major theme and is a collection of different people's views plus the author's.

I would not recommend this book for beginners who want to learn the basics because I don't feel the foundation is thorough.

It is a good book for those who want to see how others trade, their diverse techniques, and their opinions on trading. Also of value are the risk management techniques.

A more appropriate title would be: Different techniques by various traders and other trading tips.

4 out of 5 stars Good Book - Like it.......2001-05-03

This is a good book that tells it like it is. It made me stop and think before I risked my money in the stock market. It was written by a group of writers who seem to know their stuff. It talks about a subject which many day trading books do not! It is risk mgmt. If you wanted to learn about NASDAQ, this is a good book. If you wanted to learn about the NYSE, I would read another one. The thing though is the diveresity in topics covered in this book. I do recommend it to begginers and intermediate traders. Beware that after reading this book, you may end up postponing your plans to trade in a rush.
How To Be An Index Investor
Average customer rating: 5 out of 5 stars
  • Eye Opener
  • My Understanding and Confidence Increased with Each Chapter
  • My Understanding and Confidence Increased with Each Chapter
  • Indexing
  • a former active member of the exchange speaks
How To Be An Index Investor
Max Isaacman
Manufacturer: McGraw-Hill
ProductGroup: Book
Binding: Hardcover

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ASIN: 0071356835

Book Description

The first book to introduce all investors­­from aggressive day traders to conservative long-term traders­­to the high-leverage, high-profit world of index trading

Index investments work like an index fund, trade like a stock - and have become Wall Street's hottest new investing phenomenon! Although profit potential and versatility has made day traders flock to this new vehicle, How to Be an Index Investor provides step-by-step instructions on how all investors can immediately use these all-purpose securities for both instant profits and protection against risk.

From basic S&P and NASDAQ indexes to elaborate SPYDERS and WEBS, this book contains detailed explanations of the major index trading securities. Investors searching for more information on the ins and outs of index trading will find:

Customer Reviews:

5 out of 5 stars Eye Opener.......2000-10-19

This book introduced me to an area unknown to me as an individual investor-EXCHANGED TRADED FUNDS (ETF). It was very informative and exciting. I read it and then underlined it,immediately. Max, since I read your book,the world has exploded about i shares. Thank you for the introduction and stimulation to look further. YOU SHOULD BE PROUD.

5 out of 5 stars My Understanding and Confidence Increased with Each Chapter.......2000-10-01

I bought this book because of my confusion with index funds after reading different advertisements from newspapers and websites. The result of my learnings are three limit orders I just placed for different sector funds.

This book is written objectively without a slant towards a specific product. Also, written for the inexperienced as well as the professional trader. It provided some real insights as to how trading is accomplished (in plain English).

The bing "WOW" was seeing how I was being penalized as long term investor in mutual funds because of the annual tax distribution. Also, the majority of funds do not beat the S&P500 index!! Why invest in them when these new investment resources are available?

Highly recommend this book to all levels of investors.

5 out of 5 stars My Understanding and Confidence Increased with Each Chapter.......2000-10-01

I bought this book because of my confusion with index funds after reading different advertisements from newspapers and websites. The result of my learnings are three limit orders I just placed for different sector funds.

This book is written objectively without a slant towards a specific product. Also, written for the inexperienced as well as the professional trader. It provided some real insights as to how trading is accomplished (in plain English).

The bing "WOW" was seeing how I was being penalized as long term investor in mutual funds because of the annual tax distribution. Also, the majority of funds do not beat the S&P500 index!! Why invest in them when these new investment resources are available?

Highly recommend this book to all levels of investors.

5 out of 5 stars Indexing.......2000-08-30

The book introduced me to exchange shares. I bought it a few day ago.I read it with out putting it down. I have re-read and underlined it. This is a very exciting addition to the concept of "index investing". Exchange traded funds (ETF) are a part of my retirement education. Orthopedic Surgeon, Emeritus

5 out of 5 stars a former active member of the exchange speaks.......2000-07-07

This is a great book with lots of helpful information about stocks and indexes and which ones to invest in. I highly recommend this book to anyone who wants to participate in the domestic and international markets.
Online Investing Hacks: 100 Industrial-Strength Tips & Tools (Hacks)
Average customer rating: 5 out of 5 stars
  • Good book, useful tools, beginner thru expert
  • This book can pay for itself very quickly...
  • Excellent Reference/Resource
  • Excellent resource for all investors
  • Among the most useful books on investing I've seen...
Online Investing Hacks: 100 Industrial-Strength Tips & Tools (Hacks)
Bonnie Biafore
Manufacturer: O'Reilly Media, Inc.
ProductGroup: Book
Binding: Paperback

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ASIN: 0596006772

Book Description

For the geek who's an investor, and the investor who's a geek, we present Online Investing Hacks, 100 industrial-strength, bleeding edge tips, tools and techniques for analyzing and managing online portfolios. Individual investors have become more computer-literate and technology-dependent than ever before. Whether you're looking for suitable investments, studying alternatives, or managing your portfolios, you need data. The Internet can be a goldmine of financial data and research, but today's online investors also use spreadsheets, databases, and financial applications to select, study and manage investments. If your proficiency has grown to the point where you crave industrial-strength tips and tools to turbo-charge your efforts, this is the book for you. Online Investing Hacks covers: Other books for managing online investing are either out of date, are for beginners and don't go beyond the most basic advice, or are so dull and boring they squeeze that last bit of fun out of the topic. Online Investing Hacks is for the customer who wants to know the latest techniques, to go beyond the basics, who gets jazzed by cool online tools and services, and who actually wants to have a bit of fun while trying to strike it rich (or at least not lose their shirt).

Customer Reviews:

5 out of 5 stars Good book, useful tools, beginner thru expert.......2007-07-26

I've been trading for over twenty years, including a period as a floor trader on the Chicago Board of Trade. Even with that experience there are tips and tricks in this book I found useful to the point where I employ them daily. To be complete as a reviewer I will say there is a lot of pretty basic stuff from my point of view, but still well worth reviewing since some of it I had forgotten.

Well written, easy reading, well organized

5 out of 5 stars This book can pay for itself very quickly..........2004-11-21

Online Investing Hacks by Bonnie Biafore (O'Reilly) is one of those books that can pay for itself in short order, as well as over and over.

Chapter list: Screening Investments; Hacking Excel for Financial Analysis; Collecting Financial Data; Analyzing Company Fundamentals; Technical Analysis; Executing Trades; Investing in Mutual Funds; Managing Your Portfolio; Financial Planning; Index

I worked at Enron from 1998 through 2001, and spent plenty of time during that dot.com era following my stock portfolio. I watched my Enron stock value go from incredible value to a point where it cost more to sell the stock than it was worth. I won a few bets (face it, that's what they were) on a few dot.coms and lost many more. What could have been an incredible nest egg, isn't. This book would have been a lifesaver if I had read and paid attention to it a few years ago. Biafore shows you how you can analyze and invest wisely using a variety of tools available to everyone.

If you're an Excel user, you'll find it an invaluable tool for analysis. She'll show you how you can use it to create financial charts (#13), calculate compound annual rates of growth (#26), and use rational values to buy and sell wisely (#36). #39 - Spot Hanky Panky with Cash Flow Analysis (using Enron as an example) would have literally saved me hundreds of thousands of dollars had I known about it. Even if you don't care about the investing tips, the hack on downloading data via Excel web queries (#7) was something I didn't know how to do (or that you could even do it!). The book has a little something for everyone.

As with all Hacks titles, you probably won't be interested in every single item. Some may not be applicable to your situation or may be too complex for what you care to handle. But all it would take is one hack to work out and change your investing for this book to pay huge dividends. If you do your own investing, you owe it to yourself to get this book.

5 out of 5 stars Excellent Reference/Resource.......2004-11-07

Online Investing Hacks is an excellent introduction to the world of investment. Though the title does contain the word 'Online', I would say that the general information the book provides on investing is not limited to the online realm.

Overall, I was very happy with the book, and found it incredibly useful. Though I do have several investments (401K, some stock, mutual funds etc) I would hardly consider myself an authority on the subject. This book provided very detailed explanations and tips on various forms of investment, from CD's to Index funds, and everything in between. While the experienced investor might not glean much from reading this book, anyone just getting started will find it an excellent reference, and resource.

The format of the book is similar to the other books in the 100 * Hacks series published by O'Reilly. There are exactly 100 hacks, or topics, which are spread across 9 chapters. Each one is an individual entity and can be read and understood without reliance on any of the other hacks.

One minor annoyance I had with the book is that it is geared toward those of you who, for some reason or another, run Microsoft's Windows OS, or have access to Microsoft Excel. Luckily, of the Excel examples that I played with, Open Office's Calc program handled them with minimal tweaking.

I can easily recommend this book to anyone who wants to invest, but is unsure of what to invest in, or needs some tips on making the most of preexisting investments. Those of you who enjoy research and building your own stats and graphs will also find parts of this book rather intriguing, as it covers data acquisition and manipulation with Excel in great detail. It will make an excellent addition to my reference shelf, and I have a feeling it will be well thumbed through in a very short time.

5 out of 5 stars Excellent resource for all investors.......2004-10-04

It seems like everyone is involved in investing in some form or another. While I always felt like I should be investing too, it was never clear to me how to begin this process. After all, it's my money. How can I be sure I'm investing in something that will provide some sort of reasonable return? This book is an excellent resource in answering some of those questions and putting the new investor on the right track.

This book is written in the same format as the other "hacks" series by O'Reilly. This format is very easy to read, and the format makes it very easy to find answers. Rather then having to read the book from cover to cover, the reader can pick out topics they are dealing with, read the answer, and move on. Since many of the people interesting in a book of this nature will likely have little time, the book's format works to its advantage.

The book begins with some basic introduction to the stock market and tips for selecting appropriate stocks or mutual funds. The whole middle section of the book deals with data analysis. The author discusses how to understand a company's balance sheet (e.g. what that P/E ratio means), how to spot companies in financial trouble, how to pick a good stock, and even how to trade. There is also a good discussion on minimizing the effect of taxes on your little return on investment.

The author even goes further and gets into a discussion on financial planning. In addition to discussing debt reduction, the author also talks about IRA plans and different strategies for saving for your child's education expenses. I think my favorite part of this book was the discussion on different education savings plans. The author discusses the ins and outs (as well as tax consequences) of each of the plans, and provides some examples illustrating the fact that it's better to start saving earlier than later.

This is an excellent book, not just for its investing advice, but also for its sound financial planning. This is a great book for anyone who is interested in increasing their wealth, saving for a rainy day, or simply saving for future financial goals.


5 out of 5 stars Among the most useful books on investing I've seen..........2004-09-19

This is one of the most useful books on investing that I've seen.

The excellent chapter on fundamental analysis alone is worth the price of admission. Plus there are chapters on technical analysis, mutual funds, asset allocation, financial planning, investing in bonds etc, all equally well written.

Hope the author writes a sequel to this book covering topics not covered here (eg. topics related to options trading).

A required title in any serious investor's bookshelf.
Online Investing, Second Edition
Average customer rating: 4 out of 5 stars
  • out of date
  • Second Rate
  • Proof that his systems don't work
  • Serious Reservations with Markham's Systems
  • Usefull only for novice investors
Online Investing, Second Edition
Jon D. Markman
Manufacturer: Microsoft Press
ProductGroup: Book
Binding: Paperback

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ASIN: 0735611238

Amazon.com

Everyone's looking for a special-purpose guru of some stripe or other, and Jon Markman is one of the better ones when it comes to researching investments that suit your personality and goals. Markman is known for his MSN investing column, and Online Investing is a more formal record of his ideas about investment selection, and a collection of his favorite Internet resources for investors. The result is quite good, though he more than anything else endorses careful thought and research over impulse. He also presents point and counterpoint wherever possible, leaving the decisions to readers. There are even fewer guarantees in investing than in other parts of life, but this book will help you approach the market as an informed individual investor.

Markman takes a three-pronged approach to investing. He first explains how model portfolios work, and the alternative philosophies (momentum, growth, value, and so on) on which they can be based. Second, he shows you how to assemble and track your own models. And third, he explores more explicitly some of the investor resources on the Internet. This is more than a catalog: for example, Markman comments on the characteristics and long-term performance of a number of investment newsletters. It's obvious that he does his research. --David Wall

Topics covered: Strategies for developing a personalized approach to individual investing, with emphasis on building a model portfolio (based on technical or fundamental analysis of shares) and researching potential investments with the help of online resources.

Book Description

Using one of author Jon Markman's momentum-stock models, a single $10,000 investment in 1986 would be worth $5.4 million today. That's ten times what the S&P 500 did! In ONLINE INVESTING, Second Edition, Markman builds on his innovative "year-trading" model and shares new wealth-building strategies-once again demonstrating how to use the power of the Internet and a home PC to do in minutes what Wall Street professionals do full time. The book provides updated information on growth year-trading and delivers new content on month-trading, seasonal trading patterns, where momentum comes from, and how to pick the stocks with the potential to gain 10,000% in 10 years! In the book's highly regarded first edition, this award-winning author made complex investment terminology and trading strategies accessible to even the lay investor. ONLINE INVESTING, Second Edition delivers more of Markman's expert and easy-to-read advice, complete with powerful new techniques for finding-and buying-the right stocks at the right time.

Customer Reviews:

1 out of 5 stars out of date.......2006-01-28

Markman's "Online Investing" is out of date, the author writes of Available Excell spreadsheets(reason why I bought the book) at some mythical appendix site that are not currently available,(1-1-2006). Markman did not respond to emails concerning same spreadsheets! lynn

2 out of 5 stars Second Rate.......2003-01-05

This guy has cost a lot of people a lot of money in the stock market. Fortunately I wasn't one of them. And yes it was their fault instead of his. But many are seduced by his methods since the implication is that winnning stocks may be selected by purely mechanical methods. The sections that deal specifically with the internet and how to find information are ok but the infomation is easily available elsewhere. The rest is not really up to par but will probably pass most people's inspection. Please just be skeptical and wise and realize that to take advantage of mechanical stock picking schemes requires a great deal of money or a fund of some kind. Statistically one may make money on the pot but buying a highly rated subset is seldom wise.
Also, using a little money to buy the pot almost always results in unacceptable transaction costs.

1 out of 5 stars Proof that his systems don't work.......2002-06-30

Jon Markman's concept seems great, but in real life he (or anyone else) can't seem to get it to work.

Just read the first 2 chapters and you'll realize that this book is all about hindsight and probably would be very dangerous in a downward or sideways market.

He states that in 1998 & 1999 one of his model portfolios returned a 55% annual return from 1986-1999 with a standard deviation of 58%. The risk/reward ratio was too high so he tweaked it and now the results showed a return of 75% with a standard deviation of 72%. But in 2000 this model went down 39%. So he tweaked it again adding a NASDAQ market timing function where the NASDAQ has to be up a certian # to even decide to use the model. He keeps on tweaking a supposedly good model when something fails - which means if you've already used the model,you've probably lost money.

In his first chapter he talkes about the advantages of "model portfolios" that perform better because human emotions are not involved. Markman's mentor seems to be James P. O'Shaughnessy, as he mentions him in chapter 1 (author of "What works on Wall Street", "How to Retire Rich" and "Invest like the Best") - I have all three books. James O'Shaughnessy talkes about model portolios and backtesting scenarios that beat the S&P over 20, 30, 40 years.

Too bad "Online Investing" was written in 2001 because if this "model portfolio" thing really worked, why has Mr. O'Shaughnessy's mutual funds (which are supposed to buy stocks on successful back-tested models) performed so poorly? - Just look at any investment site to see his returns. Recently I read that he just sold his poorly performing funds to another financial firm. I guess the king of model portfolio's can't get his funds to follow his "historical performance".

One of the only nice things about "Online Investing" is that for a new investor, Markman narrows the masses of investment sites out there to a quality few. Use your own investment ideas and research them with the sites he point out. You'll probably make a lot more money

After reading the first few chapters and skimming throught the rest of the book, I realized this is a waste of time. I didn't finish the rest.

2 out of 5 stars Serious Reservations with Markham's Systems.......2001-08-10

If you are considering purchasing a book to get you started in online investing, Markham's book is worth a look, but his advice should be taken with a great deal of skepticism. I have used Markham's recommendations to invest in stocks from the middle of 2000 through the middle of 2001 (when I liquidated my portfolio). Unfortunately, I cannot in good faith recommend this system for a novice investor (like myself), as I lost 65% of my beginning investment using this system exactly as specified.

There are several major problems with Markham's investment strategies for the novice investor, but most notably, there is a lack of discussion of risk and return, and an overemphasis on the use of these mechanical systems without what I consider to be proper testing. Markham only uses data that goes back 14 years (to 1986) to test this system. Why? Given the poor performance of these models over the last year, it's probably because these systems perform badly prior to 1986. I am not accusing Markham of being dishonest, but the narrow window of time over which Markham monitored the performance of these systems is suspect.

Using the Supermodel system requires the purchase of a significant stock spread, usually 10-15, to minimize risk. Most beginning investors do not have enough capital to invest in this number of stocks, and will select two or three, which substantially increases market risk. Beginning investors with less than $20,000 to invest are far better served by investing in broad index or even sector mutual funds.

I should mention two additional red flags: (1) Markham used to publish the results of Supermodel picks, but once the models started doing badly, MSN removed these results from the visible public view. They may be on the website somewhere, but I am hard pressed to say where. (2) Many of Markham's own stock picks have largely turned out to be atrocious money losers.

Caveat emptor!

1 out of 5 stars Usefull only for novice investors.......2001-05-10

A lot more useful information is available on the internet free of charge. Jon Markman is a master when it comes to creating stock screens, alas they are totally useless in the real world.
Investing Online
Average customer rating: Not rated
    Investing Online
    Benton E. Gup
    Manufacturer: Blackwell Publishing Limited
    ProductGroup: Book
    Binding: Paperback

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    ASIN: 0631231560

    Book Description

    In a clear and concise form, this text explains the basics of investing online, highlighting what investors should know before, during, and after they invest. Written in an engaging style, this text gives the reader instant access to information previously available only to investment professionals. The chapters cover the entire process of investing online, enabling the reader to:understand securities markets and regulationsdeal with brokers and dealers onlinebecome familiar with stocks, bonds, and mutual fundsanalyze and determine the value of investmentsmanage an investment portfolioThe text makes extensive use of online resources, providing a directory of websites at the end of the book, and referring the reader to relevant websites in the end-of-chapter questions. Additionally, "Investor Insight " boxes use practical examples to illustrate key points for the reader. Accessible to a broad audience, this text is ideal for course use, as well as for investment professionals interested in investing online.
    Investing Online for Dummies Quick Reference
    Average customer rating: 3.5 out of 5 stars
    • Obsolete
    • To the point
    • Investing Online for Dummies
    Investing Online for Dummies Quick Reference
    Thomas S. Gray
    Manufacturer: For Dummies
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    Binding: Plastic Comb

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    3. Investing for Dummies Cd (--for Dummies (New York, N.Y.).) Investing for Dummies Cd (--for Dummies (New York, N.Y.).)
    4. Stock Investing For Dummies (For Dummies (Business & Personal Finance)) Stock Investing For Dummies (For Dummies (Business & Personal Finance))
    5. Trading for Dummies Trading for Dummies

    ASIN: 0764507168

    Book Description

    With this concise, superbly organized reference, you'll find out how easy it is to manage your investments and track your growing wealth online. Discover how to research stocks, diversify your portfolio, make stock trades online, get up-to-the-minute investment news, and more.

    Customer Reviews:

    1 out of 5 stars Obsolete.......2005-08-30

    Shame on Borders for still having this in their store. It is outdated. The concept is great, but all of the suggested websites have been updated. The syntax directives are irrelevant now.

    5 out of 5 stars To the point.......2000-10-08

    Concise information on a complex and fast-changing subject. The author is committed to helping investors do their own research and make their own decisions. This is a book for people who want to learn about stocks, mutual funds and other investments using the Web; it's not a manual for day-trading or other Web-based short-term strategies.

    4 out of 5 stars Investing Online for Dummies.......2000-08-02

    I believe this book should be bought by all expert and beginner investors. It teaches you the basics of investing to let you go on the road of the stock market.

    Books:

    1. Payroll Accounting 2007 (with Payroll CD and ADP CD) (Payroll Accounting)
    2. Performance Dashboards: Measuring, Monitoring, and Managing Your Business
    3. Price Theory and Applications
    4. Principles of Cost Accounting
    5. Principles of Marketing (Principles of Marketing)
    6. Principles of Project Finance
    7. Profit for Life: How Capitalism Excels
    8. QuickBooks 2007 The Official Guide
    9. QuickBooks 2007 The Official Guide
    10. Quicken Willmaker Plus 2007 Edition: Estate Planning Essentials (Book with CD-ROM)

    Books Index

    Books Home

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