by John Boik
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| List Price: | $19.95 |
| Amazon Price: | $13.57 & eligible for FREE Super Saver Shipping on orders over $25. |
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Product Description
Learn how to generate profit, from history's most celebrated traders including William J. O'Neil, Jesse Livermore, and others. In How Legendary Traders Made Millions, award-winning investment author and historian John Boik has created the first book to put the strategies of history's top traders in one place. Revealing how each trader took advantage of distinct market situations, it details the hands-on specifics of each trade as well as the economic, political, and stock market environments in which the strategy flourished.
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Average Customer Review:
0 of 1 people found the following review helpful:
A bad replication of his previous bestseller, 2008-10-05 I rated the author's previous book "Lessons from the Greatest Stock Traders of All Time" a four star and titled my review as "A shortcut to must reads about the best stock traders ever". To my disappointment, this latter one is so similar to that. The addition of three more legends (but with relatively less coverage) just didnt help. I felt strongly of being cheated. Even worse, the first one is much better. I would suggest potential buyers to get that instead of this.
2 of 3 people found the following review helpful:
Stick to Classics, 2008-05-17 The book is laid out in decades. Each chapter covers 10 years starting from 1897 to the time to writing. Boik summarizes each decade in about 20 pages or so (about economy and how the legenardy traders did). Each chapter uses the same template and same wording which made it difficult to read and at times I thought I was reading the previous chapter. Boik also promotes his first book way too many times throughout. We get it!!! You have another book. So why 3 stars instead of 1? There are few good words of wisdom about trading.
I would recommend skipping this book (unless you want a summary) and read some of the classics:
The Battle for Investment Survival - Gerald Loeb
How to Make Money in Stocks - William o'Neil
How I Made Two Million Dollars in the Stock Market - Nicolas Darvas
Baruch: My Own story - Benard Baruch
The above traders are the featured traders in Boik's book so it would be better to get it straight from the source.
2 of 2 people found the following review helpful:
Investing Wisdom, 2008-01-27 I read the Battle for Investment Survival, by Gerald Loeb, back in the mid-seventies. It is THE all-time classic on successful investing in stocks.
This book springboards off of that type of investing philosphy and adds to it with the advice of other great traders.
The last few chapters get a bit focused on O'Niel and Roppel, but I think it was because the author had more access to info about them. It stars getting a bit self-serving toward the CAN SLIM method and Investors Business Daily.
All in all, it is well worth the price. I have already seen more success as a result of reading it.
7 of 8 people found the following review helpful:
Excellent history of the greatest stock traders, 2007-07-17 This book is an excellent history book that will also teach you how to trade stocks. The book covers the stock markets actions decade by decade for the entire twentieth century up to 2006. At the same time he explains what the great stock traders who lived at that time did in the market. He covers all the bear and bull markets and what caused them. I agree with him on the traders he covers, Livermore, Baruch, Loeb, William O' Neal, Nicholas Darvas, Jack Dreyfus, and Jim Roppel. (I would include Warren Buffett and Peter Lynch since the mutual fund manager Dreyfus was included). Every trader included became a millionaire off the market. You better to study? The author recaps at the kind all the similar characteristics that made these men so successful. Here are some of the similarities they all had:
1. Only trade in a bull market. Know the market trend.
2. Make your own decisions do not be influenced by others.
3. Learn from market history.
4. By stocks that have strong fundamentals that are leaders in their industry.
5. Buy more of a stock on the way up not down.
6. Buy stocks at 52 week highs breaking out of correct basing patterns.
7. Cut losses short let winners run.
I would also study William O'Neal's books and read Investors Business Daily if you want to be a successful trader or investor. It is all you will need. I really became successful trading stocks when I started following the principles in the books written by these authors.
2 of 10 people found the following review helpful:
Beware of superbookdeals seller, 2006-06-19 If you want to buy the book, go ahead, just be careful of superbookdeals, they take your money but don't deliver and don't answer emails. Caveat Emptor.

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