Product Description
Proven techniques to improve market-timing accuracy Written by internationally recognized trader, author, and researcher Jake Bernstein, Momentum Stock Selection details a method of combining market momentum with innovative risk management to dramatically increase profitable opportunities for both short- and long-term traders. After briefly defining market timing and market momentum, Bernstein heads directly to the heart of the bookhow any trader can us… More >>
Momentum Stock Selection: Using The Momentum Method For Maximum Profits
September 1st, 2010
David Hill 
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The prevailing main idea from this book is Divergence, especially Momentum Divergence with Price. I understand this means you should pick up the stock forming Divergence from every stocks if you get higher profit. And the only one indicator he mentioned in the book is Momentum indicator, not mysterious one.
It’ll be helpful for novice, but not professional trader.
Rating: 3 / 5
this is a good book and well written. very easy to read and understand.
however, it comes across as too simple. the methods that are discussed here does not really give you the confidence that they are sufficient for you to trade properly.
another book by this author on the psychology part of trading, ‘IQ the investors quotient’, is a much better and strongly recommended read. in terms of market momentum, martin pring’s ‘trading with oscillators’ is more useful, and just as easy to read.
Rating: 3 / 5
This book offers a simple but robust method of trading on stockmarkets. The presence of many many (sometimes too many) charts makes it possible to read on the beach, not just behind the computer.
The Momentum Stock Selection method is good. Bernstein claims that you can use the method on intraday basis. This is true, but not in the same simple way as he shows in the book, it takes a lot more interpretation and experiments (on paper first is my advice!!).
His rules on do’s and don’ts in trading are absolutely valuable and true, and funny to read of you have done all the don’ts already in the past.
Rating: 4 / 5
Jake Bernstein’s new book is a major winner. His Momentum Stock Selection Strategy, and related variations, are quite simple to understand and implement and are really top notch in supplying all aspects of a complete trading system that one needs.
His emphasis on money management/risk control using charateristics of the strategy itself make this book more complete than most and Bernstein’s gift with the pen insure that every serious reader will come away with new insights into market dynamics.
After just one reading I’m amazed at how many MSS plays seem to jump off my watch list of stock charts. If you’re looking for a systematic approach to trading that offers clear entry and exit signals while also being dynamically flexible, I can’t think of a better way to go.
Rating: 5 / 5
I enjoy how this book offers a highly robust, yet simple trading system, applicable to any market. I have used the Momentum Moving Average approach with great success. I have noticed that it often forecasts majors rallies and drops in a timely fashion. Apply these methods to your trading and you will see the profits!
Rating: 5 / 5