Review of The Small Stock Trader

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Runan
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Review of The Small Stock Trader

Post by Runan »

[Following is a volunteer review of "The Small Stock Trader" by Mika.]
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5 out of 5 stars
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I have been independently researching the stock market in recent times. By sheer luck, I happen to stumble upon this book as a review opportunity. I must say, I am glad to have reviewed this book. It has all the necessary information a novice trader needs to know before investing their hard-earned money.

The Small Stock Trader by Mika humbles its readers with realistic expectations of the stock market. It’s easy for one to get ahead of themselves when they taste success. Mika’s idea of adding “small” before “stock trader” is a way to remind traders to stay grounded. Mika does not introduce the readers to a foolproof method or a magical spell that can make millions; instead, the author’s careful analysis and personal experience help readers choose a tactful approach.

What is the difference between fundamental analysis and technical analysis? Is market sentiment a reliable factor to consider while buying stocks? You will find answers to questions such as these in this book. The author’s experience serves as a conduit for readers to understand their position as a stock trader during bull and bear markets. The author’s focus is on the small-cap market. Mika breaks down the fear of high volatility of small-cap stocks and lets in on his secret on how to enjoy success in the small-cap market. I enjoyed the philosophical quotes in this book. Mika gives weight to his points with the backing of philosophical quotes of Lao Tzu, Sun Tzu, Confucius, and Heraclitus. Throughout my entire reading session, I was not bored at all. The credit goes to the author for giving a break to the constant flow of stock market information with anecdotes.

The prose contains relevant sub-headings like mutual funds, hedge funds, short-selling, dividends, and market makers, which help readers to have a quick glance. The author’s analysis of psychological aspects of the stock market opens another dimension of understanding the market better. The only negative aspect of this wonderful book is the lack of definitions for terms like P/E ratio and EBITDA. The author deliberately chose not to define them for the sake of simplicity. As the reason was mentioned right at the beginning, I am not going to deduct a star from my rating.

I spotted a few minor errors. Therefore, it is safe to say that a professional editor has edited the prose of this book. In view of all the positive aspects of the book, I give this book a rating of 5 out of 5 stars. I recommend this book to readers who are new to the stock market. This book will equip readers with the knowledge needed to excel in the stock market.

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The Small Stock Trader
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Runan
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