Forex Books - page 40

 

Jan Schröder, "Manipulations in Prediction Markets: Analysis of Trading Behaviour not Conforming with Trading Regulations" : the book

Fraud and manipulation in prediction markets are systematic results of incentive incompatibility, which, if present, have to be detected and balanced. "Manipulations in Prediction Markets" gives a critical insight into manipulations that are most likely to occur in prediction markets. In a general approach the book discusses the issue of incentives in markets and the breakdown of the incentive system. On this basis a new way of detecting irregular trading behaviour is introduced.
 

Marc Rivalland, “Marc Rivalland on Swing Trading” : the book

The proactive approach to the stock market - don't be a victim - there is something you can do about it.

Swing trading is an approach to the stock market which is concerned less with value (a moveable feast as many have found out), and more with exploiting short-term upswings and downswings in share prices and market indices. Although the ranks of swing traders swell daily, not many traders know that there is a type of chart, a swing chart, which is designed specifically for swing trading.

In this ground-breaking book, Marc Rivalland, author of 'The Trader' column in Investors Chronicle, shows how swing charts can be used to perfect market timing. Moreover, Marc reveals his hitherto secret modifications to Gann swing charts which make them even more effective for stock market traders. W. D. Gann said "a study of swings in active stocks will convince a man that he can make far greater profits in swings than in any other way of trading". With this book, you get Gann and more.

In addition, Marc uses his two decades of experience with point&figure charts to bring to readers an up-to-date and thoroughly modern evaluation of the best point & figure signals to use when trading individual equities. Point & figure is enjoying an enormous resurgence. Readers of this book will discover new insights into this proven and popular 100+year old method of charting share prices.

Marc reveals his proprietary method of integrating swing charts and point & figure charts to further increase the chances of success. There is a chapter on the vital RSI indicator and a chapter devoted solely to those more passively inclined - long-term buy-and-hold investors.

In every case, the best trading tactics are discussed. Each technique is critically examined. The advantages are highlighted but the disadvantages are not glossed over. In all, the reader will receive a uniquely informative evaluation of the best, most disciplined way to approach the markets.

The style of the book is highly practical. Over 100 colour charts of real-life trading situations are used to illustrate the points being made. The charts are carefully annotated, and accompanied by clear and thoughtful commentary. The exact point where buy and sell signals occurred is shown.

'Marc Rivalland on Swing Trading' is THE essential book for stock market investors and traders.
 

Robert C. Miner "High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets " : the book

A market master details his proven and profitable approach to trading High Probability Trading Strategies teaches traders step by step a unique and practical approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades from entry to exit in a way that both preserves and grows one's capital. In it, well-known trading educator Robert Miner draws on the theories of legendary trading gurus W.D. Gann and R.N. Elliott to teach his own practical and easy-to-learn high probability trade strategies developed over the past 20 years. A companion CD includes many examples and illustrates bar-by-bar setups from the book.
 

George A. Fontanills, "The Options Course: High Profit & Low Stress Trading Methods" : the book

Use this invaluable tool to gain a competitive edge and avert bad investment decisions. Well-known options strategist and instructor George Fontanills has updated his time-tested and bestselling book, The Options Course. The new edition improves and expands upon the original to help you avoid some common and costly options mistakes. The systematic, step-by-step approach, covers everything from basic concepts to sophisticated techniques and is designed for investors at all levels of experience.
 

Toni Turner, "A Beginner's Guide to Day Trading Online (2nd edition)" : the book

The new breed of trader Written in an accessible, step-by-step manner, A Beginner's Guide to Day Trading Online, 2nd Edition shows how to day trade stocks in today's market.Summary: Teaches about daytrading but not how to daytradeRating: 2I have been a successful position trader for few years and decided to venture into daytrading to cash in on trendless market periods. What I found out is that being a successful position trader does not necessarily mean you will be a successful daytrader. As a daytrader you have to make quick decisions and pull the trigger with little delay. This book focuses on too many technical indicators that may be useful in position trading but not of paramount importance in daytrading.In essence all they do is delay yor ability to take action thus missing your opportunity. I have finally been able to become slightly profitable using the help of a daytrader friend of mine who opened my eyes to the importance of having a thorough and deep understanding of level II. Although this book does discuss Level II, it is done in a superficial manner with little depth. It is critical to know the games that market makers and large position holders play to fool you. One common ploy used by large institutions to sell large amounts of stock is to use ECNs. The ECN will only show a small amount of shares while hiding the rest. The unsespecting daytrader wil see high volume at the bid and low ask volume and think the stock is moving higher.The exact opposite usually occurs since the ECN at the ask is only showing a small amount of shares they have to sell. While they show all the shares they are willing to buy at the bid. There are many more games played by the AXE etc and my point is unless you understand these issues being a successful daytrader will remain a difficult goal to achieve.THis book will certainly not provide this critical informationSummary: This book is too basic to make you moneyRating: 2While i like Tony as a speaker and think most her work make sense, this is a book is just too basic. Everything is so idealized and oversimplified that trust me, it is unlikely that you will learn how to make money - however, you make learn how to day trade online. For sure you will loose money. Now if you take this and continue your journey, you will need to eventually read everything by Linda Raschke and Toby Crabel, because they are the only two hedge fund managers that i am aware of that have written books that are still trading, managing money and doing what they preach. So i may browse through this book, but really focus not on this author who tends to make its money from seminars and books, but by reading the real traders - Linda Raschke and Toby Crabel. Summary: mostly basic informationRating: 3If you need basic information this is a good book. It does give a good survey of what day trading can be. It does not give a lot of information on what works. It's a good start. Summary: Tons of info, without overloadRating: 5I really enjoyed this book!! It offered simple explanations for some truly complex trading concepts. The book maintained the perfect pace for a beginner to pick up new ideas, and for a more experienced trader to reference as a 'refresher'. In addition, I appreciated the summary and breakpoints at the end of every chapter-providing some much needed guidance (within and beyond the world of candlestick charts;)Summary: My Two CentsRating: 2This book took me longer to finish than expected and it was struggle to get to the end. While a lot of the basic information in it was helpful, I found that the author got overly technical too quickly. The first few chapters were fine, but then in one chapter there was an avalanche of technical detail and terminology that was difficult to absorb all at once. Perhaps if the technical stuff was disseminated at a slower pace, I would have learned a lot more in this first pass. Several chapters will obviously be read multiple times in order to get it all.
 

Michael J. Parsons - Greatest Trading Tools (19xFlash Video | ~2404 kb/s | 720x480 | Duration: n/a | English: MP3, 64 kb/s (2 ch) | + 16 PDF Guide) : download links

Reversal Dynamics is an extremely powerful time analysis technique. Its accuracy is legendary. Based on a scientific method of wave extraction, it provides a simple and easy way to determine in advance when price will change direction, usually to the exact bar. You read right, in advance! When it comes to trading, timing is everything. Now you can possess the power over time! Take a moment and watch the video to learn more about this incredible tool. (Reversal Dynamics DVDs include six individual videos providing over 203 minutes of advanced instruction). Balance Dynamics forecasts the price swings of any market, up to several swings in advance. Based on a geometric wave principle, this highly visual tool provides what is every trader's dream; the ability to know in advance where price will go before it even begins its move. So simple that many determine these projections by only looking at a chart, without any calculation or further effort. So powerful that it will have you laughing all the way to the bank. Take a look at the video and see what we mean. (Balance Dynamics DVDs include seven individual videos providing almost six hours of advanced instruction). Even with advance knowledge of what the market will do a trader still needs great money management and an effective way to monitor trades in order to succeed. Channel Surfing is a powerful method of trading that may not predict market action, but works so well that you may actually believe that it does. Many of our students do. View the video and see why. (Channel Surfing DVDs include six individual videos providing over 5 hours of advanced instruction). All methods are those developed by Michael J. Parsons and are based on the geometry of the market. Each method has been extensively tested and is used by traders around the globe. Reversal Dynamics and Balance Dynamics are very unique and have no relation to Fibonacci, Gann, astrology, or practically anything else that most have encountered. Channel Surfing utilizes channels, which has been discussed by different authors before, but our approach incorporates specific rules that make the method unique and very effective. Reversal Dynamics and Balance Dynamics are predictive methods and during certain market conditions may be ineffective. No method is perfect all the time. It is strongly recommended that Channel Surfing be used in conjunction with these methods as it provides supporting trade management to improve the odds of success.

 

Ray Barros "The Nature of Trends: Strategies and Concepts for Successful Investing and Trading (Wiley Trading)" : the book

Today's market participants have a myriad of tools at their disposal. Yet the success rate is that of old - 80% to 90% of traders fail to achieve their financial goals. This book shows traders how to get their investment act together. It covers in detail the three requirements needed for success: Winning psychology, effective money management and a written trading plan with an edge.
 

Gregory T. Weldon, Dennis Gartman, "Gold Trading Boot Camp: How to Master the Basics and Become a Successful Commodities Investor" : the book

"If speculate you must, read Weldon first."

—James Grant, Editor, Grant's Interest Rate Observer

"This book delivers on all of the essential elements of successful financial literature. Weldon provides a compelling context, walks through the metrics that affect the price action, and assimilates the decision-making process in kind. From soup to nuts, this is one of the most comprehensive tutorials I've read on the subject of commodities."

—Todd Harrison, founder and CEO, Minyanville Publishing and Multimedia, LLC

"The gold price is rising in today's turbulent financial times. Preparation and knowledge are essential to profit from higher prices, and this book provides everything you need to take advantage of the trading opportunities thatlie ahead."

—James Turk, founder, GoldMoney.com

"This book, with its insights into the current investment climate coincides with what many feel is a new bull market in gold. There is no 'one-size-fits-all' investment approach, but every investor who applies such preparation and rigor as Greg outlines will certainly have increased returns with fewer losses. It should be on every investor's bookshelf, handy for reference, and re-read every year. Greg puts paid to the notion of random walk!"

—Kim Evans, CEO, Global Building and Supply
 

John Netto, "One Shot One Kill Trading " : the book

John Netto, a former U.S. Marine, designed his "One Shot–One Kill" trading methodology to leverage the patience, discipline, and execution skills he learned in the military with the technical skills he has mastered in the marketplace. In One Shot-One Kill Trading, Netto explains in detail his complete, proprietary One Shot – One Kill Trading Method. Some of the topics of interest to active professional and non-professional traders include:

In One Shot, One Kill Trading, Netto covers topics of interest to active traders, including:

Strategies for maintaining composure in the heat of battle

How charts can be vital for consistently selling strength in falling markets and buying weakness in strong markets

A complete "management matrix" for more effective trading strategies

Using “Netto Numbers™” to calculate risk exposure and validity of trades before entry

Utilizing beneficial trader’s taxation rules
 

Thomas A. McCafferty “Understanding Hedged Scale Trading" : the book

Relatively simple yet highly disciplined, scale trading has become one of today's most popular and rewarding--et risky--futures trading methods. Understanding Hedged Scale Trading explains this high level trading method from the ground up, outline techniques for trader to hedge scaled positions through the judicious use of options. By explaining how to profit from hedged scale trading while controlling its many risks, it should prove to be among the most practical, hands-on advanced trading books on the market today..