The Perfect Speculator

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...

• Format: Paperback
• Language: English
• ISBN: 0976932407
• ISBN13: 9780976932406
• Release Date: June 2005
• Publisher: Great Expressions Publishing
• Length: 160 Pages
• Weight: 0.58 lbs.
• Dimensions: 0.4" x 6.0" x 9.0"

Customer Reviews

The Perfect Speculator solution..

Not sure why all the negative reviews, maybe some of you just dont get it? I've read probably close to fifty or so trading books and this one for some reason really hit home with me. I have spent thousands and tried many systems that promise success only to have losing trade after losing trade. After learning and applying the principles in this book my trades are consistent 90+% winners with pracically no stress compared to before. Some of you said all is shows is higher highs and lows but if you look closely and study it a real pattern emerges, thats when the lightbulb went off. The message of the book is to keep it simple and I've got to say after 15 years of trying everything else, I've found a method that works.

Easy To Read... Easy to Apply... And NOT boring

I think the author was very much thinking of those that who are overwhelmed with technical analysis of charts in trading the market. Some of the principles taught in this book are very basic. However, they are all necessary to be successful in the market. The author basically writes his experience of having valuable information passed down to him by a VERY VERY SUCCESSFUL Trader/Speculator. Its as if we were there watching the author quiz this guru. Each chapter ends with a brief summary of the principle(s) to keep in mind. You could literally read the summaries alone and benefit. At the time of this review, we are at the beginning of 2008... Bear market, recession worries, credit crunch, new president (btw, im neutral)... with the exception of one "greedy" trade (which ended in a huge loss), my portfolios have improved. I find myself applying the principles found in the book and have found my trades more disciplined as a result. My portfolios have improved in having more winning trades (even meager profits), while minimizing bad losses. My risk management has improved immensely!

Best book on trading I have ever read

SIMPLE: Best book on trading I have ever read with the Nicolas Darvas and How to make money in stocks by Jesse Livermore (written by Smitten). The other one of Brad Koteshwar is really good too.

Helps you hone your investing skills - must read

I learn by repetition, if I take a vacation, I sometimes have to go back and re-learn that which I thought was automatic before I left. Brad, besides talking about the selection process for new potential buys (which he keeps very simple like other reviewers have said) also discusses a daily routine, which he summarized into "20 Rules of Speculation." I found these to be very valuable. This book helped me re-learn what William J. O'Neill discussed in "How To Make Money In Stocks." O'Neill talked about a prior run up, but I couldn't fully grasp it until I read Brad's book. Another valuable lesson for me was on p.93 where he discusses how to pyramid-add onto a position which is different from O'Neill's method. Essentially this "formula" allows Brad to exit a position without losing any money after he has already added to his initial buy. Everything about this book is simple, and I think that's the beauty of it; I'm glad there was no fluff. I definitely recommend it, and like other's have said, think it is complimentary to O'Neill's "How To Make Money In Stocks," and Darvas' "How I Made $2,000,000 in The Stock Market."

Very Informative

This book, presented in a narrative format between a teacher and student, is an excellent book on stock market speculation. It is a wonderful counterpart to the IBD/William O'Neil school of stock market investing (buy newer growth stocks leading the market, etc.) Easily readable and very informative.