VERNER, Ontario, August 25, 2004 (PRIMEZONE) -- Peter Chariton's new book, Stock Trading for the Novice (now available through AuthorHouse), is designed to help the beginning trader become successful in short-term stock trading.
Chariton presents his method, which he developed during two years of active trading, in an easy-to-learn and simple process. His book includes charts and graphs along with thorough explanations about how to analyze them, select stocks and identify the right buy and sell price. He also includes detailed descriptions and advice about "the more useful" technical indicators.
"The book focuses on providing a fairly simple method that works. There are so many variables in technical analysis that it can become mind boggling. Other books provided many techniques without providing a 'this is how you do it' plan or left me with more questions that required additional research to find answers," says Chariton. "The technique provided by my book is complete."
Other graphics help beginning traders learn solid buying and selling methods, including "short selling." The book also offers a self-testing section and four charts for price prediction practice.
The method is not theoretical, but the one Chariton actually uses, which has allowed him to realize more than a 79 percent success rate. "You can do it too," he says.
Chariton developed this fairly simple, yet very effective, method for short-term stock trading, and his goal in sharing it with other traders is to help them "hit the ground running," and have better control of their financial futures. He holds three college degrees, but says, "You don't need one. Just be able to think and learn, and you'll be on your way to becoming a successful trader." For more information, readers can visit www.trading101.net.
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