Understanding Stocks, Third Edition

by Michael Sincere

Overview

The bestselling stock-investing guide—revised and updated to improve your performance in today’s world of long-term investing and short-term trading

There’s never been a better time to get into stocks. New technologies provide tools and equipment for novices that previous generations of investors and traders didn’t even dream of.

The go-to guide for beginners, Understanding Stocks, provides everything you need to start out strong. From opening an account to evaluating stocks to making trades, it covers all the fundamentals―market language, players, rules, strategies, and environment―and helps you build a solid portfolio by developing the right balance between risk and reward. This updated third edition includes brand-new chapters on:

• Risk management
• Identifying winning stocks
• Testing your trading strategy
• Bitcoin and alternative investments
• Ways to read the market quickly and accurately
• Technical and fundamental analysis
• Short-term trading and long-term investing

In addition, this comprehensive resource brings you fully up to date on pattern day trading rules and zero commissions; strategies for both bull and bear markets; the influence of computer algorithms; and preparing for the market open.

You don’t need a fortune to make a fortune. With Understanding Stocks you have everything you need to succeed as an investor or trader.

Michael Sincere is the author of many popular investing and trading books. He routinely provides his insight into the stock market. Sincere has worked as an adjunct professor at two universities, and he writes for several major corporations and brokerage firms. He also writes a column for MarketWatch, “Michael Sincere’s Long-Term Trader.”

Product Details

ISBN-13:	9781264267255
Publisher:	McGraw Hill LLC
Publication date:	05/03/2022
Edition description:	3rd ed.
Pages:	336
Sales rank:	111,039
Product dimensions:	5.40(w) x 8.20(h) x 0.70(d)

About the Author

Michael Sincere is a columnist and author of many popular investing books. He routinely provides his insight into the stock market. Sincere has worked as an adjunct professor at several universities, and he writes for several major corporations and brokerage firms.

Table of Contents

Preface ix

Part 1 What You Need to Know First

1 Welcome to the Stock Market 3

2 Opening a Brokerage Account 15

3 Your Watch List 25

4 How Wall Street Keeps Score 41

Part 2 The Art of Buying and Selling

5 Buying Your First Stock 55

6 ETFs, Index Funds, and Mutual Funds 71

7 Selling Your First Stock 87

Part 3 Moneymaking Strategies

8 Long-Term Investment Strategies 107

9 Short-Term Trading Strategies 125

10 Fun Ways to Increase a Portfolio's Value 141

Part 4 Introduction to Technical Analysis

11 Let's Get Technical 155

12 Indicators and Oscillators 179

13 Basic Chart Patterns 195

Part 5 Introduction to Fundamental Analysis

14 It's Really Fundamental 209

15 Use Fundamental Tools to Find Stocks 221

16 Lessons from Peter Lynch 235

Part 6 Alternative Strategies

17 Buy Fixed Income, Bonds, and REITs 249

18 Selling Short 259

19 Cryptocurrencies 273

Parting Advice: What You Can Do Now 283

Appendix: Where to Get Help 291

Acknowledgments 297

Index 299