DESCRIPTION
(From The Jacket) – “Fundamental Analysis and Position Trading” is the second volume in the “Evolution of a Trader” series. It is the ideal guide for those interested in building long-term wealth using the buy-and-hold strategy favored by legendary investors such as Warren Buffett and Ben Graham. It also features additional coverage of position trading, a popular trading style among today’s value investors.
In the first part of the book, Bulkowski gets you up to speed on the full range of fundamental factors involved in buy-and-hold stock selection, including book value, price-to-earnings ratio, capital spending, cash flow, dividends, long-term debt, price-to-sales ratio, shares outstanding, return on shareholder equity, and more. He provides priceless tips on how long to hold and how to know when it’s time to sell. The book includes handy tables matching fundamental factors against various hold times and showing which factor is most important for a particular hold time.
Popular chapters include how to double your money, finding and trading 10-baggers (stocks that increase in value tenfold), and selling buy-and-hold stocks.
The second part explores position trading. It introduces market timing to help remove the risk of buying and holding a stock for years. With the help of real-world trading examples, Bulkowski begins with the basics of market timing and offers priceless insights into the ways in which market trends influence stock prices. He arms you with an array of powerful chart patterns and reveals the ten most important factors that make chart patterns work. And he combines those factors into a scoring system to help boost your effectiveness – and your profits – as a position trader.
Bulkowski’s work sets an example for how financial books should be written. He doesn’t just repeat what others have said. Rather, he investigates and researches his facts before teaching the reader in an entertaining and informative style that is accessible for beginners and professionals.
Whether you’re just getting started in investing or you’re searching for new ways to increase the value of your portfolio and manage risk, “Fundamental Analysis and Position Trading: Evolution of a Trader” is your ticket to long-term financial success.