Fully revised and updated, Speculating on the Australian Sharemarket 2nd edition is an essential guide for anyone looking to actively invest in Australian shares. In a clear, concise and entertaining manner, Bill Harper takes prospective investors through the major issues of modern-day speculating, including:* evaluating that ?ot'new IPO* the psychology of speculating* choosing stocks* charting and timing trades* internet, discount and full-service brokers.Many investors may initially regard speculating as mere gambling. But there are very real differences. In contrast to the ?ingers-crossed'motto of gamblers, speculators - by careful and deliberate study - endeavour to tilt the odds significantly in their favour. Thus, more and more people are making good profits from the fruits of speculation. But there is no free ride. As the author makes quite clear, successful speculators must work at their chosen craft.