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Welcome!! My name is Paul Lappen. I am in my early 60s, single, and live in Connecticut USA. This blog will consist of book reviews, written by me, on a wide variety of subjects. I specialize, as much as possible, in small press and self-published books, to give them whatever tiny bit of publicity help that I can. Other than that, I am willing to review nearly any genre, except poetry, romance, elementary-school children's books and (really bloody) horror.

I have another 800 reviews at my archive blog: http://www.deadtreesreviewarchive.blogspot.com (please visit).

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Sunday, February 7, 2021

The 30-Minute Stock Trader

The 30-Minute Stock Trader: The Stress-Free Trading Strategy for Financial Freedom, Laurens Bensdorp, Lioncrest Publishing, 2017

This book is the story of how one person, after much trial and error, came up with a computerized system of stock trading. He has been very successful, and has it set up so that he has to work for only 30 minutes per day (I know what you are thinking).

What is your trading philosophy? Do you want to make a small profit from many trades? Do you want to make a bigger profit from fewer trades? Do you want to monitor your trades every day, like the author? Would you rather do it every week, or every month? There will be days, or weeks, when you lose money. Are you going to stick with your computerized system when your trading account actually drops by, say, 25 percent?

The book goes into detail about when to sell this stock, or buy that stock. It is based on actual numbers, and not overall trends, or Secret Internet Tips available only from the author. It is then necessary to give all of this to a computer programmer, who will create a program to do the actual trading. This is not the sort of thing that the average person can put together in a weekend. After the program is unleashed, much testing is needed to make sure that it actually works.

This is a very interesting book. The author is good enough to keep the advertisement until the end. For anyone interested in trying their luck with the stock market, reading this book is a really good idea.

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