Based on reader feedback, I'm switching the description of my book "Stock Trading Riches" on both my publisher's site and on Amazon.com back to the original:
In today's world of instant trade execution, sophisticated analysis, global markets, and 24/7 news, traders and investors still routinely fail to beat the market. The brutal fact is that a free market is about price discovery. A market works like an organism - "consuming" new fundamental and technical information and rendering it ineffective.
A 30-day moving average may make money for a while - until the market "digests" this parameter. Today's report on CNBC is already reflected in the price of the stock. Only 1% of traders are superstars who can consistently re-adjust, find, and exploit new information. The average trader or investor needs a simple system that is flexible and robust - that does not depend on the market moving in trends, or creating chart patterns.
Praveen Puri developed his system after becoming fascinated with the idea of a pure Zen trading system that would use no news reports, indicators, charts, or parameters to distract from Now. He developed a simple and powerful stock trading system that uses a mathematical re-balancing formula to buy low and sell high.
Sunday, 19 September 2010
Switching "Stock Trading Riches" Description Back
Posted on 10:43 by Unknown
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