The Perfect Speculator: How to Win Big in Up Markets and Lose Nothing in Down Markets

by Brad Koteshwar

Brad Koteshwar, the author of The Perfect Speculator, first came to be known for his report on a phenomenal 7000% price run in 52 weeks by Taser International's stock. When he released that report he had written for his clients as a fiction and looked for publicity in the local Arizona media, he was rebuffed as the who's who in the small but affluent communities of Arizona were all owners of Taser stocks. None of them wanted to believe that the stock price on Taser had topped out in April 2004. In this book, Brad Koteshwar continues the simple lessons of the stock market in a teacher and student format using the character of Boyd Hunt, a master speculator, as the teacher. In this day and age where fast, loose and easy money is hawked by the hundreds of stock market books, the author shows how the old, tried and true principles have always worked in past market cycles and will continue to work in future market cycles.

Genres: Finance

175 pages, Kindle Edition

First published February 28, 2012

Reviews

[Keshav Gupta]

Exceptionally well written

Finished the Kindle version in a day. The lessons are simple yet profound.
True Market wizdom written by someone with exceptional writing ability.

[Radhey Baid · Rating 5 out of 5]

Excellent Book. Loved it.

Key Takeaways - 1. Do not look to make any gains in bad markets. It is far better to stay out of bad markets where odds of wins are against us, rather than trying to swim against the tide.

2. Do not listen to any human beings about the market’s general conditions. Let the leading stocks
and the leading indices dictate your actions.

3. The market’s sole job is to confuse us and fool us. Always look for confirming signs. Be in a
hurry to sell a loss and reluctant to sell a profit. Let your stops make your decisions for you.

4. If you cannot make money on test-buys, you cannot make money on large funds.

[Denise Dajles · Rating 5 out of 5]

A Must-Read for Aspiring Traders

I found "The Perfect Speculator" by Brad Koteshwar to be an invaluable resource. The book offers a comprehensive guide to trading strategies, risk management, and market psychology. Koteshwar's writing style is clear and engaging, making complex concepts easy to understand. I highly recommend this book to anyone looking to improve their trading skills.

[duane harris · Rating 5 out of 5]

Love this book it has given me a solid foundation

Love it more than words so happy you wrote this i knew little to nothing now I should be able to keep my shirt and mabey buy the pants to match excellent job I felt like I was sitting in every meeting with you

[DANIEL OSARO · Rating 5 out of 5]

winning Big

Nicely done.
Clear definition of a speculator.
Knowing how to be a perfect and successful speculator requires self identification,qualities and rules to live by.
Clear path on how to handle the ever present risks in the market.
A recommended read for all speculators.

[Nick · Rating 4 out of 5]

This is a hidden gem. Very practical wisdom on how to best speculate on stock movements. Two major things that will change my mindset: 1. When in doubt, do nothing because not losing is winning. 2. It’s better to jump on a confirmed trend than try to be early for a move that never begins.

[Chandra Das · Rating 5 out of 5]

Excellent

As usual, reading Brad's books are a pleasure.He knows how to teach stock market lessons in a fiction, in the most entertaining way.

[Joseph · Rating 3 out of 5]

i m just curious if Boyd Hunt was a real person, couldnt google anything out or it is meant to be that way.

very basic read, nothing actionable, and written almost like a fictional set up

[Dhaval Patel · Rating 5 out of 5]

Lessons worth 50 trading books combined in one!

[Varun · Rating 5 out of 5]

Very crisp and straightforward book... Nice book to add to your library... Practical book 📚

[Sandesh Kamble · Rating 5 out of 5]

I recommend this book. Excellent one and very straight forward.
Loved reading it.

[Palash Goklani · Rating 5 out of 5]

Exceptionally well written for those who want to be in top 1%

[Michael · Rating 4 out of 5]

TAKEAWAYS:
-Every trading system works for some small duration of time at some point in a market cycle. That is just enough rope offered to the gullible public to hang themselves.
-If something is not coming out and staring at me straight in the face, then in all likelihood it is the market trying to trap me with temptations.
-I could wait for months on end without a trade execution.
-When in doubt, do nothing.
-This is where staying out of the market is just as important as getting in.

Read all my takeaways here:
https://topbooks.substack.com/p/the-p...