Much of the content was forex-focused versus stocks, and definitely not in line with trading penny stocks at all. That said, it offered some basic insights and helpful tips, if in a bit dated format (talking about order slips - wow, it's been a long time since 1993).
The author keeps harping about not risking more than 2% of your portfolio, which might be wise for institutional investors, but for a brand new penny stock trader with a tiny account, this is molasses-flow advice. Fact is, you need to be more aggressive with positions if using a smaller account.
Much of what the author suggests such as keeping a trading record, reviewing trades, and having a vibrant community of traders with whom to communicate, is easier than ever with modern trading tools like profit.ly.
In short I think this is a good book with helpful examples but the reader should remember not to be too rigid when heeding the advice therein.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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