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Title: Use it and Lose Money
Review: Many reviewers have pointed out that this book is simple in it's concepts. They are right. It however misses many basic points of investing/trading. It recomends buying penny stocks. Not a good idea. It recomends buying stocks that have been going sideways for a number of years as this shows accumualtion. This can work some of the time but certainly not all of the time. I've seen many charts with sideways action that ultimately went down or bankrupt and subsequently stopped trading. Couple that with the advice to never sell and cut the loss when the trade doesn't work out and you have a recipe for disaster. It's clear why so many people that were taken in by Ken Robert's advertising for this book have lost money.
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