Rating: Summary: Peice of Worthless Junk Review: If I could put zero stars here I would. About the only thing this book is good for is starting your fire in your fireplace. The only reason Wade Crook wrote this book was to promote one of his seminars. SAVE YOUR MONEY!
Rating: Summary: This book cost me $120,000 Review: On the day I attended the Wade Crook seminar, I made $2,750 in 1 day. I entered the trade the day before. Ever since then, I have been loosing money following Wade's advise to "Be patient".I have read some of the positive reviews on this book and found some of them to be Wade's own instructors. I would not be surprised if Wade Crook himself was one of them too. This guy makes his money selling you cheap talk. Do yourself a favor. Invest your money somewhere else. Wade Crook will lead to you to dream only to find out you will live a nightmare. It hurts.... really hurts to hear about others too who have lost their hard earned money following this guy.
Rating: Summary: Wall Street Money Machine Review: I think the book is very basic and elementary. Although, I didn't know much about stocks, reading this book did not help much. The rolling stocks mentioned in the book are not rolling any longer so we could not use it as reference. He repeats the unimportant material over and over and over. The books are basically massive advertising for his seminars. The book is very general. I think the whole thing could've been summarized in 50 pages maximum. I was very disappointed. If I wanted advertising, I would get info channel. One whole chapter he talks about how his business is not a day trade and how his feeling were hurt that an interviewer called it that. I was particullarly interested in rolling stocks which was a small portion of the book. I will not buy another book from Wade Cooke. I don't think he is a good writer. Most of his books are mostly chatter. I shared the book in my study group, we all feel the same way about this book.
Rating: Summary: Don't buy it, borrow it. It's nothing more than a pamphlet. Review: The only thing I got from the book was the concept of earning lots of pennies rather than a few dimes. They really add up. The book is mostly an advertisement for his seminars and is not really all that useful unless you naively think Wade Cook is going to change your life.
Rating: Summary: Terrific Investment Book Review: I found this book to be clearly written and filled with enough specific information that last week I was able to write my first covered call with a projected 20% bi-monthly yield and bought my first two option contracts which I sold the next day at an 80% profit. Now admittedly I was lucky on the timing of the option purchase but regardless I would not have done either deal without the information and encouragement in the book. If you are interested in monthly cash flow strategies that really work instead of nice boring 10% to 15% annual returns then you should read this book. I am now a die hard Wade Cook fan so I would just like to say...Thanks Wade!
Rating: Summary: Wall street Money Machine Review: Excellent Book, enhances already what I Kno
Rating: Summary: Too much Hype, not enough facts. Review: This book appears to be a long winded ad for his seminars. He shares some ideas but not the information needed to actually find the stocks needed. One example is rolling stocks. He says that his methods of finding them is that he stumbles across them or finds them in email from his students. Great idea, Ill become a teacher! Another example is when he speaks about a formula that he uses to access risk. He writes that the formula is to complex to include in the book but please use it before investing! Throughout the entire book he hypes hi expensive seminars for more detail. Buy the book and get one real large and expensive advertisement.
Rating: Summary: I Can't Believe Anyone Naysaying About This Great Book Review: I read most of the other comments about this book. For those who talked good about this book, I believe they are on their way to retirement in the next few years like I am right now. But for those who talked bad about the book, I wonder what they are thinking about. Wade did not promise a get-rich-quick way to make money immediately after reading the book. And obviously you can't take one book and go on to become wildly successful. If success were that easy, then who needs to learn anything anymore? This book is a very good basis for a beginning investor to start from. You CAN'T have all the knowledge you need to make good money with this book alone. You'll need to read more and learn more. The best about this book is that it takes complicated option concepts and presents them to the reader in a simple, easy to understand manner. This is key! Hardly any other authors are doing that. Wade is doing a great job with a conviction to educate the beginning investor. Ok, to the naysayers, if you make any money at all, you're lucky. I follow Wade's formulas and make money all the time.
Rating: Summary: Great book for trading with less risk on only Good stocks. Review: I know, when I want to review this book, there are two kinds of people reading this book. This book is good in the sense that it teaches basics of stock and options trading. First read this whole book and grasp this fundamentals. Then go do your homework or read good magazines to find great stocks. Great stocks examples are DELL, CSCO, AOL, ORCL, INTC, MSFT, IBM, GE, HWP etc. Buy these stocks regularly and sell covered calls on these regularly. Then you can easily make about 5% to 10% every month. That is about 100% every year. The 20% to 30% per month claimed by this book are not achievable. Do not play on penny stocks are single digit stocks. Again this books is good for learning stock and options trading. Play this technique only in good stocks and you will make money.
Rating: Summary: Wade Loses Money in the Market!! Review: Wade loses money in the stock market. He cannot do the strategies himself. Look at the finanical reports for the stock of the company he owns(ticker- WADE). He is also currently being sued by two states.(TX & CA) and under investigation in many others. The only way wade has made himself rich is by selling tapes, seminars,($2,000+) and books. Do your research on the man and his company before you take his advise. It will be worth your time.
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