Chipping: The New Stock Market Method for Surviving Turbulence and Hitting a Hole-in-One
Author: Harlan Platt
List Price: $22.85
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ISBN: 0966331141
Publisher: Charles L Webster Publishing (03 December, 2002)
Sales Rank: 532,551
Average Customer Rating: 3.33 out of 5
Customer Reviews
Rating: 4 out of 5
Enjoy it ! Practice it !!
The book is easy to read while explaining a great way to trade stocks. I have thoroughly enjoyed reading it. It is a totally different approach to investing in the stock market, removing dangerous emotions. The author explains the chipping concept very well across different dimensions - stocks, mutual funds (basket of stocks) and explains very well the 'nirvana of chipping'. I have extended the learning in real life and made some decent returns. I like the chipping method, since it shatters many beliefs in stock market investing and it is different from the contrarian invest approach. It is a great book to read and learn a new technique of investing. Enjoy reading the book and don't stop there! Practice it!!
Rating: 1 out of 5
Save Your Money
As an experienced investor & trader, I am always on the look-out for any profitable trading advice or methodology. So, I was hopeful when I purchased Chipping that I'd learn something new.By the time I got to the end of the book, I had greater confidence in flipping a coin for stock decisions than the advice given in this book. More specifically, when you isolate his decision-making, there is simply nothing there - as an example, he kind of thought the Japanese Yen had fallen far enough, so he went long. You've got to be kidding!! And it was the same for all of his examples.
I didn't find a shred of useful investment analysis, insight, or decision-making in Platt's "method". It was mind-boggling that he was risked real money on stock trades with such flimsy justification for buying at the prices he did.
I read lots of investment books, and this one is quite a disappointment. It seems the author doesn't even realize how random his investment results were over his 2-month track record, or the stock price correlation with the general market.
I predict the author will implode with any downtrending market.
Rating: 5 out of 5
Chipping Breaks New Ground
As a professional money manager and investor I have read scores of books and articles on how to invest. For the most part all of them repeat the same ideas over and over again. Harlan Platt's new book on the counter intuitive practice of Chipping is an insightful treatise on how to take advantage of stock market over reactions through short term trading. Professor Platt breaks new ground by saying that you don't need to work on Wall Street or consume reams of data to make money in stocks. Instead he articulates a simple strategy requiring discipline and steady profit taking to compile above average returns with below market risk. For its sheer innovativeness, and common sense logic on how the market works, this book is a must read. Similar Products
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