|
|
TRADING & SYSTEMS |
FEATURED
SELECTION
Come Into My Trading Room: A Complete Guide to Trading
by Dr. Alexander Elder
 Learn
to manage your money and time, as well as your strategy, so that
you can enter the markets with confidence and exit with profits.
This essential book educates the novice and gives more power to
the professional through expert advice, proven trading methods,
and something entirely unique – a visit to Dr. Elder’s own
trading room. You get to follow him through several actual
trades, whose entries and exits illustrate many of the key
concepts of this book. Dr Elder's background as a psychiatrist
provides valuable insights into understanding the human element
of market behavior, and individual trader psychology. Dr Elder
shares his own, successful trading strategy in a clear, concise,
and easy to understand style. Offers a complete introduction to
trading essentials and an overview of trading psychology, both
individual and the mass psychology of the markets. Provides a
step by step guide to risk control and money management.
|
|
 |
Yes, You Can Time the Market! by Ben Stein & Phil DeMuth
Though the common wisdom on Wall Street says market timing doesn’t
work, the authors sifted through a hundred years of stock market data
and discovered that fundamental valuation metrics clearly show when the
market is over- or under-priced. In fact, timing the market is just a
matter of patience -– something Wall Street doesn’t have. You’ll find no
gimmicks or get-rich-quick schemes here, just the information you need
to tell a good investing climate from a bad one. Timing the market is
safer and more profitable than keeping your money in stocks all the
time. In fact, an investor using Stein and DeMuth’s system would have
bought stocks in fifteen out of fifteen of the best investing years for
long-term investors since 1926, while staying out of the market during
the worst fifteen years. Market timing not only offers superior returns
over the long run, but it can also protect you from short-term
catastrophe. |
 |
Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude
by Mark Douglas
Maximizing the trader’s state of mind is the key to successful results.
Conflicts, contradictions and paradoxes in thinking can spell disaster
for even a highly motivated, astute and well grounded trader. Mark
Douglas, a trader, personal trading coach, and industry consultant since
1982, sends the message that "thinking strategy" will profoundly
influence a trader’s success rate. Douglas addresses five very specific
issues to give traders the insight and understanding about themselves
that will make them consistent winners in the market. Above all, he
shows you that the problem is not with the system that you're trading,
but the problem lies within yourself, and your own thoughts and beliefs
about how the market operates, and what your role is in the marketplace. |
 |
Stock Market Wizards: Interviews with America's Top Stock Traders by Jack D. Schwager
Incisive Q&A sessions between Schwager and 15 extraordinarily
successful traders, examines a wide spectrum of trading styles and the
ways each approaches their specialty, whether it be value stocks, mutual
funds, short selling, options trading, or other market niches. Schwager
coaxes penetrating observations on setting goals, finding opportunities,
learning from mistakes, and operating on a day-to-day basis. In the
final "Wizard Lessons" chapter, Schwager details the 65 overarching
principles (such as Trade Your Personality, Be Willing to Take a Loss,
and The Importance of Setting Goals) culled from these extensive
conversations. |
 |
The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities by Alan S. Farley
Swing trading is gaining popularity as a powerful method to increase
returns--and potentially lower risks--by profiting from short-term price
moves. The Master Swing Trader explains how traders can use technical
analysis, charting, and market sentiment to make trades that hold
through price fluctuations and noise with wider stops. This complete,
practical guide to making profitable short-term trades uses dozens of
charts and graphs to illustrate proven swing trading concepts and
strategies. Experienced day, position, and online traders will benefit
immediately from dozens of trading strategies and setups that include
precise reward, risk and stop-less considerations, with more than 200
charts and dozens of proprietary setups. |
 |
Rule the Freakin' Markets: How to Profit in Any Market, Bull or Bear by Michael Parness
"I'm not mechanical, and I'm not good at figuring out technical stuff like
computers or plumbing or chain saws, but I can figure out how things
measure up in terms of probability. And probability is what trading is
all about," says Parness, known to millions of insomniacs through his
middle-of-the-night infomercials. A few too many ka-chingos and
wowsas mar an otherwise informed writing style, but
nevertheless the book offers some excellent insight into how the market
actually works, and how one can make money using that insight. Those
looking for a serious study of economic trends and forecasts may want to
look elsewhere, but readers interested in a breezy, anecdotal read about
market bubbles and bursts will be entertained and more than likely
enlightened. |
 |
Pit Bull: Lessons from Wall Street's Champion Day Trader by Martin Schwartz
Welcome to the world of Martin "Buzzy" Schwartz, Champion Trader --
the man whose nerves of steel and killer instinct in the canyons of Wall
Street earned him the well-deserved name "Pit Bull." This is the true
story of how Schwartz became the best of the best, of the people and
places he discovered along the way and of the trader's tricks and
techniques he used to make his millions. Pit Bull is a
modern-day Reminiscences of a Stock Operator; an
over-the-shoulder look at one of this generation's great traders.
Whether you are a neophyte to trading or a thirty-year veteran, whether
you seek entertainment or are thirsting for knowledge, Pit Bull
is the book for you. |
 |
Trading for a Living: Psychology, Trading Tactics, Money Management by Dr. Alexander Elder
An excellent book on market psychology and technical analysis, here
is a comprehensive system for trading stocks, futures, currencies, and
options. Called the "bible" of serious traders, this book provides
provides a complete course in the three M's of successful trading: Mind,
Method, and Money. He shows exactly where to find entry and exit points
and where to place your stops. He explains in detail all the indicators
and how to construct them. His risk management section is a must if you
want to protect your equity. He explains how to trade like a
professional, against the market crowds, for maximum profits. Dr. Elder
writes with clarity, humor and wit, puncturing common myths about
trading and reviewing the mistakes many beginning (and even some
experienced) traders make. The best parts of the book are the sections
on individual psychology and money management. Beginning traders who
follow Dr. Elder's recommendations on the use of stops and maximum trade
size should survive their learning curve with credit and ego intact.
Save yourself a lot of money and read this book BEFORE you make your
mistakes! |
 |
When to Sell: Inside Strategies for Stock-Market Profits
by Justin Mamis
Cited by the New York Times as one of the two or
three best books ever written on the stock market, this classic has been
updated and revised with a new foreword written by the author. When
prices are up, investors should be looking for "when to sell".
Identifying tops -- the emotions that accompany tops, the indicators
that say it is a top, the stock actions that warn that it is getting to
be time to sell -- these are the meat of the book |
 |
How I Trade for a Living by Gary Smith
One of the more enjoyable and enlightening trading books, this is
part biographical and part nuts-and-bolts trading strategy. Many will
identify with the author's early struggles as a trader. It is inspiring
how Smith never gave up on his dream to trade for a living. He is now
cranking out $10,000+ monthly returns and all from an original bankroll
of only $2000. Very impressive! Step by step, Smith outlines his
low-risk trading strategies and explains how to use them to trade stock
index futures and mutual funds—his preferred vehicles—as well as
individual stocks, options, futures, and junk bonds. He acquaints you
with his favorite indicators and tells you how to get the most out of
them. He offers a wealth of tips on recognizing market trends and riding
them for all they’re worth. You’ve heard what the "experts" have to say
about trading the markets. Now find out from a consummate pro how it’s
really done. |
 |
Option Volatility & Pricing: Advanced Trading Strategies and Techniques by Sheldon Natenberg
One of the most widely read books among active option traders around
the world, Option Volatility & Pricing has been completely
updated to reflect the most current developments and trends in option
products and trading strategies. Written in a clear, easy-to-understand
fashion, Option Volatility & Pricing points out the key
concepts essential to successful trading. Drawing on his experience as a
professional trader, author Sheldon Natenberg examines both the theory
and reality of option trading. He presents the foundations of option
theory explaining how this theory can be used to identify and exploit
trading opportunities. Option Volatility & Pricing teaches
you to use a wide variety of trading strategies and shows you how to
select the strategy that best fits your view of market conditions and
individual risk tolerance. |
 |
Options As A Strategic Investment by
Lawrence G. McMillan
This is considered to be the bible of options trading. Now
completely revised and updated to encompass all the latest options
trading vehicles, it supplies traders and serious investors with an
abundance of new, strategic opportunities for managing their
investments. Examples make clear the power of each strategy in carefully
defined market conditions. This new edition includes coverage of
long-term equity anticipation securities (LEAPs), preferred equity
redemption cumulative stocks (PERCs), neutral trading, futures options,
warrants, and standard portfolio analysis of risk (SPAN). The idea, of
course, is to maximize earnings and reduce risk -- no matter how the
market is performing. Strategy techniques and examples show how to do
it. |
 |
The Stock Trader's Almanac 2005
edited by Jeffrey A. Hirsch & Yale Hirsch
"We discovered that while stocks do indeed fluctuate, they do so in
well-defined, often predictable patterns. These patterns recur too
frequently to be the result of chance or coincidence." Thus begins the
introduction to the 37th edition of this annual bestseller. This
invaluable trader's daytimer lays out all the daily, weekly, monthly and
other seasonal trading patterns and statistical calendar biases in a
clear and concise way. So many traders and market timers act on the data
presented here that the market impact is a self-fulfilling prophesy, and
one ignores this information at one's own peril. This book makes a great
gift for anyone involved the markets. |
 |
Professional Stock Trading: System Design and Automation
by Mark R. Conway & Aaron N. Behle
Learn the art and science of trading systems from professional
speculators. The authors share powerful long and short trading
strategies that span all time frames, presenting over one hundred
annotated charts with commentary and rationale. The book contains the
complete implementation of a professional trading platform, including
dozens of TradeStation strategies, indicators, and functions.
Further, advanced trading techniques such as pair trading and float
trading are explained. These systems are integrated into a fully
automated framework for position sizing and trade management. Finally,
follow the authors as they track their stock selections throughout the
week in real time. |
 |
Trading Systems and Methods by Perry J. Kaufman
For more than two decades, traders have turned to the classic
Trading Systems and Methods for complete information about the
latest, most successful indicators, programs, algorithms, and systems.
Now, this newly revised and expanded Third Edition continues that
tradition, including many new approaches and covering the latest
developments in the continuously evolving equipment and techniques for
trading the markets. "Probably the most comprehensive guide to trading
systems ever written from one of the foremost experts in the field. This
is an invaluable reference work for anyone with an interest in trading
systems." -- Jack D. Schwager, author, Technical Analysis and The New
Market Wizards. |
 |
Tradings Systems That Work: Building and Evaluating Effective Trading Systems by Thomas Stridsman
When it comes to designing a trading system, serious traders don't have time
to reinvent the wheel. Instead, they generally incorporate the proven,
time-tested systems and techniques of others into their own a
personalized system that takes into account their trading budget, risk
tolerance, action requirements, time horizon, and abilities to accept
market- and system-specific anomalies. Trading Systems That Work
is the first book to evaluate many of today's most influential
techniques and, emphasizing trading software programs TradeStation and
Excel, covers all aspects of researching, building, understanding, and
evaluating your own trading system. |
 |
The Right Stock at the Right Time: Prospering in the Coming Good Years by Larry Williams
Why is October an integral month for predicting market bottoms? Why do ideal
buy opportunities occur in years ending in "2" or "3"? How do you tell
when stocks are undervalued? The answers to questions like these can
help you recognize the stock market’s historical patterns – and
ultimately profit from them. In this indispensable, one-of-a-kind guide,
forty-year industry veteran and top technical analyst Larry Williams
throws down the gauntlet at the feet of the bear market pundits.
Rejecting their pessimism-clouded view of the market, Williams reveals
how you can prosper from knowing the fundamentals that have moved stocks
in the past and will continue to move them in the future. Relying on
exhaustive research (which includes stock market prices as far back as
1854), the author demonstrates that rallies are common to all market
periods, and with these historical precedents as guideposts, he explains
how you can zero in on market bottoms and ride the inevitable upswings
that follow. |
|
|
