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"The Laws of Stock Market Boom" Impressions

about4mins to read

I skimmed through it because it was free on Prime Reading.

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株暴騰の法則
足立 武志 (読み手),西村 剛 (読み手),田村 祐一 (読み手)
Amazon

Overall evaluation: +1 (Recommended)

This book is recommended for those who are about to start stock trading or have just started trading. While it's difficult to make a lot of money just with the information in this book, it's definitely worth knowing.

Overall Evaluation

"The Laws of Stock Market Boom" explains about 60 topics, but I felt that the title was a bit misleading and should be more like "The Laws of Stock Price Fluctuations".

The three strengths of this book are:

  • It's not sensationalized (high objectivity)
  • It covers topics that are useful for trading
  • The layout is beautiful

Details

It's not sensationalized (high objectivity)

Unlike typical "get rich quick" books, this book faithfully adheres to the concept of explaining rules. While it includes analysis results, I didn't find any groundless or extreme claims.

It covers topics that are useful for trading

This book doesn't just explain theories, but also includes practical content that's useful for trading.

For example, it covers anomalies, themes, and technical analysis, and also explains the psychology of investors. This information is particularly useful to know from the start of your investment journey.

I also appreciated that it doesn't include high-level topics like board reading and only touches on trading volume.

The layout is beautiful

Each topic is explained on one page, and the next page has illustrations, making it very easy to read. Even beginners can understand it easily, and it's also suitable for reviewing later.

Conclusion

So, why didn't I give it a +2 rating? It's because it simply wasn't tailored to my needs. I wish I had known about it earlier.
Also, this book doesn't have any unique information or claims. It's like a research paper that summarizes the findings in the field.

If you're a beginner, I recommend reading it after you've gained some experience with trading. If you have no experience at all, you might not find it interesting.

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