by Seth Godin
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Product Description
Be a savvy investor and make the stock market work for you.
The stock market moves at a dizzying rate, and it can be intimidating for novices to locate the tools necessary to begin making smart investments. Seth Godin's completely updated and revised book, If You're Clueless About the Stock Market is the perfect primer for beginners. Godin provides the reader with resources and guidelines for topics ranging from assessing your comfortable risk level to finding a broker that best fits your needs. The book's up to date charts, checklists, technology resources, and interactive format are designed to help you make the transition from neophyte to knowledgeable. If You're Clueless About the Stock Market provides a user-friendly way for beginners to take their first steps toward understanding the history of the stock market and the split second changes that affect investments today.
Amazon.com Review
If You're Clueless About the Stock Market and Want to Know More is the perfect title for this snappy info-guide from Seth Godin, a prolific "book packager" who has developed a number of bestselling personal finance tomes. Aimed at the beginning long-term investor--rather than the day trader wannabe often targeted by today's investment tutorials--this book covers virtually all the essential techniques and procedures involved in the process, and it does so in a clear and logical manner. It offers helpful explanations for standard practices, such as deciphering balance sheets and income statements, as well as more sophisticated concepts like options, futures, shorting stocks, and buying on margin. There also are good sections on dealing with brokers, formulating an investment strategy, and using the Net to research and trade. Know absolutely nothing about the market's organization or operation? Godin even provides the fundamentals ("the basic function of the stock market is to provide capital resources for corporations that seek to expand their operations and finance their growth") and a brief history (beginning with America's first stock exchange, formed in Philadelphia two years before Wall Street) to get you started. --Howard Rothman
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Average Customer Review:
1 of 1 people found the following review helpful:
 Not a great book for the beginner, 2008-01-13
Picked this up thinking it would be a good intro to the market. I was badly mistaken. You can tell the author knows a lot about the stock market, but he does not know how to explain it to someone new. I do not recommend this to beginners because of the wordage, and also don't recommend it to more advanced users as it is probably a rehash of what you already know.
0 of 0 people found the following review helpful:
 So - So, 2007-10-02
the book was fairly uninteresting and almost too broad. I felt like after every tiny section, he assumed you understood and just moved on. I was really clueless and was wanting just any information I could get my hands on. I did learn a little but it wasn't necessarily that helpful. The other reason I chose this book was because the author's name came up when I was discussing Malcolm Gladwell with a friend of mine. I assumed he might be just as intriguing but I got quite the opposite within the text.
0 of 0 people found the following review helpful:
Stock Market, 2007-09-10
An interesting read for anyone who knows very little about the interworkings of the market and global economics.
4 of 8 people found the following review helpful:
Good book, But you Need to GO Further, 2006-07-16
These days it's really hard to find trading knowledge that is practical & simple to understand.
Most of the info outhere is full of the same thecnical analysis jargon that makes you lose a lot of times. Basically most tehcnical trading books tell you the same story but organized in different chapters using different words and charts as examples.
Some places on the web have pretty practical information. One site that I recommend is StressFreeTraders com. They have a pretty clear way for trading stocks with momentum using easy to understand strategies. This is also one place where you can understand why knowing how to approach the rally is critical for your stock trading success.
15 of 18 people found the following review helpful:
Good general overview, but beginners need to consider..., 2005-09-20
First of all I like the way Seth writes. Hes a good writer and an expert on issues regarding the web.
This particular book is fine as a general reference on the stock market, but frankly beginners will need concrete strategies to make it as online stock traders.
The reality is that the stock market doesn't care if you are a beginner or not. It will gladly take your money away if you don't know what your doing. So the bottom line is, you better be well PREPARED before you even think about making the first trade.
Stock trading is a very competitive field and in order to succeed you need to FOCUS on a set of simple strategies that you can implement without hesitation.
This game is all about buying and selling according to your set ups. So the clearer your set ups are, the easier for you can be to make a profitable decision. You defenetly gotta know what kind of stocks and scenarios to look before you place your buy. Hopefully some sites on the web do offer more relevant and updated stock trading information.
[...]
They focus mainly on short term momentum stock trading strategies, that in my opinion are easier to implement than many other technical systems outhere.
Stock trading doesn't have to be complicated as many people perceive. But you do need to follow a well organized set of rules and tactics, that once you master them, you can aspire to replicate profitable trades with consistency.
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