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Short Bio Of Stan Weinstein

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His Life

It’s unanimous. Trader message boards agree. Stan is the man.

His book, Stan Weinstein’s Secrets For Profiting in Bull and Bear Markets was written in 1988. 20 years later it is still considered a must-have on trader’s bookshelves.

Stan Weinstein is the publisher of “Global Trend Alert,” an advisory service for institutional investors and “The Professional Tape Reader.” I have no idea if these newsletters still exist. Stan, if you’re reading this, drop me a note and let me know.

When asked why he doesn’t write a follow up to his hugely popular bestseller, he responded with, “I’ve already said all that can be said.” His book doesn’t get hung up with fancy technical indicators. He likes the basics.

…some books are so esoteric on technical indicators that only the author and a few academic types can understand them…– Stan Weinstein

All you need to trade like Stan Weinstein is price, volume, Relative Strength, a few trendlines and some moving averages. Oh, and a stock chart wouldn’t hurt either.

Short Bio Of Stan Weinstein

His Lessons

Stan Weinstein wants you not to trade on information you read in today’s news. Did Oracle just announce a huge deal with the U.S. government? Sit tight. Do not buy Oracle.

The stock market discounts all prices because the professionals are trading on future events, not news that came out today. Trading on events that are happening today, is akin to being late to the party. Investment banks do not pay their research staff millions to give traders today’s news.

Stan’s four stage analysis method in effect, deciphers the news today as well as events in the future. In other words, discovering what the institutions are doing, without having to know why.

Stan Weinstein feels a stock will be in one of the four stages at any time. These stages represent the market cycles of a stock. Your mission is to identify what stage the stock is in and plan accordingly. Stan Weinstein’s method is very visual and doesn’t require you to analyze any financial statements.

Each stage has its own distinct pattern and is defined by the relationship between buyers & sellers.