New 4-Star Review for "Stock Trading Riches" on Amazon.com

Zen like but no panacea 

 This book is a wonderful and simply written explaination of the author's technique of trading that you can perhaps experiment with.

The author puts a few compelling arguments on why his technique over the long term is a better approach to trading.

One argument is that the technique inherently requires minimum involvement from you until your "rebalance period" expires and you either have to buy or sell the shares. This means that you don't have to worry about timing but concentrate in investing in excellent companies.

Other arguments for the technique such as tax benefits and how loss in one period can self correct in another are enumerated.

This technique of course requires discipline in that its a long term investment strategy. Instead of vertical growth by buying and selling frequently, it requires you to "own a constant value of as many positions as possible" and grow horizontally.