Rating: 
Summary: Excellent starter book for the beginning investor
Review: Specifically, I like the explaination and examples on investing in Stock-Split Companies. In thirty years of trading my broker never informed me that the odds for the stock to go higher are greated in excellent quality companies when the stock splits. After reading this book. I put to work the principles as I outlined them from Wade Cooks Book and B-I-N-G-O I had twenty trades and fifteen were profitable. I bought call options using the strategies as stated using my outline from the book on Microsoft, Pfizer, Apple Computer, Compaq, Dell Computer, Interface, Delta Airlines, Southwest Airlines, Lycos, Netscape, Warner-Lambert and Monsanto. My return on my investment was approximately 800%. After reading his book I have went on the read many more books that have additionally fine tuned my options trading ability. I am very greatful to Wade Cook for writing the book and to my wife for buying it for me.
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Summary: One Long Commercial for His Seminars, etc.
Review: I can't say it much better than has been said in several of these other reviews. This is the poorest book I've ever read on investing. Wade Cook's main goal in publishing this book must be to find more suckers to sign up for his OUTRAGEOUSLY expensive seminars, as they are mentioned over and over in the book. And once he gets your name and address you will be bombarded with his junk mail for months and months. Save your money, and don't let him know where you live.
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Summary: First - rate SCAM!
Review: Buy this book only if: 1. You are researching financial scams. 2. You are a used car salesman and would like to perfect your sales technique. 3. You are shopping for a present for your worst enemy and want him/her to go broke.In short, the strategies presented in this book work sometimes, but apparently they didn't work very well for the author. That's why he turned to making some real money by selling his grossly super-hyper-overpriced 'seminars'. In any case, most of what is useful in this book is available from much better sources from people who know the business. Incidentally, if you want to have a lot of fun, see the review of this book on the Motley Fool Website. For even more laughs, take a look at Wade's company financial information (available free on the Web).
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Summary: WADE COOK's books are EASY and Exciting reading!
Review: Books will not make you rich! This book shows you many possibilities that you may not be aware of. If you are trading without using STOP or LIMIT ORDERS then you are committing financial suicide.
Rating: 
Summary: Great inspiration for beginners
Review: Hi, My two cents is that the book has great ideas and insight for beginners. He certainly made me think differently about investing. At least he talks in English the normal person can understand! That's more than most investment books! I think the returns stated are probably unrealistic. But how hot are you doing in money markets? Also, did you notice all the negative reviews are by people who didn't try his methods. And all the positive ones are by those who did? Hmmm. I have no relationship with Wade Cook and no financial incentive to make these positive comments.
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Summary: SCAM OF THE CENTURY!!!
Review: Wade Cook's books are a total scam. First, the "strategies" were not invented by him. He does not offer the reader a way to do proper analysis of these techniques. Second, he has no concept of market history (as evidenced by clearly incorrect comments in Bear Market Baloney). Third, the book is written in a poor manner, including the obvious advertising of his products. Profit Financial Corp., Wade's company has had numerous problems with the SEC. What is worst of all is that his company will charge you only $695 to send one of your children to his special seminar. It is so sad that people are motivated by such fear and greed that they do this. As an analyst at a Wall Street firm I can tell you that all of Wade's products are crap. Take a class at your local university on security analysis. Then maybe you will learn how to make intelligent investment choices so your money will be around longer. You aren't going to learn this from Wade Cook.
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Summary: 221% in 7 Days !!!!
Review: After reading some of the reviews I decided I needed to write my reviews on this book. I have read Wall Street Money Machine and attended the Live seminar. I also bought into Cook University. I know, I know, you are probably saying he is supportive of this guy because he invested money into him and no one likes to think he is or made a stupid mistake. You may be right but then again you may be wrong. Kinda like picking a stock. I knew nothing about the market but wanted to. I have always known that the way to get what you want is to find someone who has it, learn how they did it and duplicate their method and you will get similar results. Now I ask you, whats learning how to make as much money as you want worth? You will pay for education one way or another. Wade Cook provides a vehicle to teach you and the backbone to put his trades on the internet for the world to see (at a price no less, but you can get a freebie trial on his web site) and I have not seen! anybody else do that. I studied then jumped into my first trade on Dell Computer. I lost $1,400.00 Ouch!! Did I stop there? No way, I knew this stuff works and I am not a quitter. Why did I lose? I did not follow Wades rules. He does tell you the shortcomings, pitfalls, etc. they just did not sink in. It's amazing how fast you learn something when you make an error. Experience is and will always be the best teacher - but it sure helps to learn (apply) the experience of others who have been there before you to soften the blows. Rule #1 Know your exit before you invest. Rule #2 put in you stop loss order. Rule # 3 Do not get greedy ( you cannot go broke making a profit). I watched Dell tank and thought it was going to come back and it did, just a month after my experation date. This is one of the biggest mistakes you may make when you first get started. You ride the horse off the cliff and expect wings to pop out and save you. Always refer to the rules of th! e game and you will win more than you lose. Now on my n! ext trade I followed Wade's stock split strategy exactly as he outlines it in his book, seminar & video. I bought two positions in Home Depot (HD) the day before the split - and I sold one 5 days later (weekend included) for a 128% return and the other 12 days later for 150% return. I also did Disney (DIS) and made over 221% return in 7 days. Total of $4800.00 in profits. Thats twice what I make for trading 160 hours of my life. Since I started putting my money on the line two months ago I have made over a 50% return after losses, plus enough money to start my portfolio, which is what Wade is all about. Cash flow to invest for the long term. It's hard to do that in just about anything. At this rate I have the potential to retire from my JOB (just over broke) in less than two years starting with a 5K investment. There is no way I could even begin to anticipate that in any other types of investments. There may be worse or better ways to learn this stuff but no one ! except Wade Cook is teaching you, hands on, how to implement these strategies. So to all you naysayers, negetive ego maniacs put your money and trading records where your mouth is. SHOW ME THE MONEY!!! or just shut up and give the guy a pat on the back for showing the average Joe how to make a few or millions of bucks! Besides - you will always find people who take information, teachings, experience and get good, great, mediocre and poor results. Whats your level of risk?
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Summary: Must be a Joke
Review: I read some of the "5-star" reviews and had to respond. First, none of the ideas presented are unique. As a Wall Street professional, I must say you will gain very little from reading this book. Any investor should be skeptical of 300% returns. The best hedge funds return 20%+ over long periods. Two, the book offers very little insight into doing the proper analysis in implementing any of the strategies. It is very thin on content. Also, very little is mentioned about the pitfalls to option investing in particular. Even "Rolling Stocks" can be a quite dangerous strategy as Cook presents it. Anyone should be skeptical when in the beginning of the book Cook promises 25% monthly gains. It is absurd. There are many other books written by people who have made money for their clients. Read from those who are truly successful. Approach with caution.
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Summary: A BOOK WORTH READING.
Review: This is a very informative book, but it leaves the reader with more unanswered questions. It also does not help the reader with finding the answers with some of the methodology unless you go to one of the seminars ( which are very expensive ). The average person could learn these strategies simply by studying and doing the research themselves. To be successful in the stock market, it depends on one's own convictions and how much time one wishes to commit.
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Summary: WADE COOK: MAN, MYTH OR CROOK???
Review: I bought and have read WALL STREET MONEY MACHINE and I believe that Wade Cook has put together some very powerful "cash flow" strategies. To wit, my portfolio has been enhanced substantially. In reading the reviews, it would seem as though people ether love him or hate him. I fall smack inbetween. As I said. the strategies in Wall Street Money Machine have made money for me and others. On the other hand, some have lost money with the same strategies. How? When you invest in individual stocks, commodities and particularly-options, you are speculating, not investing. There are no guarantees that the stock will not go down. We all know that stocks go UP and they go DOWN! The key word is timing. It doesn't matter if you listen to WADE COOK, WARREN BUFFET, PETER LYNCH or whomever. You can lose money. Nobody has a magic bullet. When you invest in stocks, it should be, as it is for me, Atlantic City, Horse Race, funny money. In other words....money t! hat I can afford to lose. And I don't call it investing. I call it speculating because that's what it really is! Ask the people who have stock in Levitz Furniture how they feel about their "investment" A once "SUPERSTOCK" stopped trading at .25 cents. I highly recommend WALL STREET MONEY MACHINE and believe it's the best of the Wade Cook series. Just don't get caught up in the "hype" and the allure of the "quick buck". My major gripe against Wade Cook is that even though he cautions readers that the stock market is risky he also makes it look very, very enticing. And now we have other bootleggers jumping on the bandwagon--- Anthony Robbins has launched "WEALTH MASTERY" and "FINANCIAL POWER" in reality just generic Wade Cook material> The only way to make investments that offer the potential of stock market investing without risk is MUTUAL FUNDS! Blue Chip Stocks may be another, but commissions eat! up profits and there is still an inherent risk that you co! uld lose all of your money. No-Load Mutual Funds are the way to go for powerful, inexpensive and safe investment returns. Suggestion: Use Wade Cook's Cash Flow Strategies to build a portfolio of mutual funds. I know mutual funds may not be as alluring as Wall Street Speculating---I know a stock that went up 129% in one day and people who made $12,900 in one day playing that stock. But I also know people who have lost all of there principal and in some cases, it was money that they couldn't afford to lose! So is Wade Cook a Man, Myth or a Crook? In my opinion he has found a way to turn the stock market into a cash flow machine. Obviously it works. Otherwise, we would't have all of the copycats out there would we?
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