Book Review: Exploding the Myths

Friday 22nd April 2005

Exploding the Myths What your broker doesn�t know or won�t tell you!
By Frank Watkins
$29.95

In this book, author Frank Watkins exposes many of the misconceptions that he claims have helped to keep the investment industry rich and the investor poor.

Frank has a very simple philosophy - buy stocks that are rising, use strict money management and risk management rules and the profits will flow during any market conditions.

This book explodes some of the myths that surround the share market and points out the traps and pitfalls to which unwary newcomers fall prey. Frank has a very clear message when it comes to investing your hard earned capital - "By investing visually you can get your timing right - buy stock that are rising and make constant profit regardless of market conditions."

Among the controversial views expressed in his book are those that:
- women make better share traders than men
- diversification of investments does not ensure profitability, and
- despite every impression that the financial industry wants to give, timing of investment is THE critical factor

Watkins presents a simple visual method that dramatically improves returns from share market investing. He explains the techniques and tools used by technical analysts, and makes them available to any investor. Anyone using common internet trading sites can apply its tips and technicques.

With more than 30 years experience in trading, broking and educating, Frank Watkins is one of Australia�s foremost technical analysts. He is a frequent guest speaker of the NZ Society of Technical Analysts and runs investor training workshops in NZ and Australia.

Exploding the Myths is available online through the Good Returns Bookstore at www.goodreturns.co.nz/books

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