February 1999
BOOKS FOR TRADERS 

  The Hedge Fund Edge: Maximum Profit/Minimum Risk Global Trend Trading Strategies (374 pages, $59.95 hardcover, 1999, ISBN 0471185388), by Mark Boucher, published by John Wiley & Sons. This book is a guide for investors and traders who want to profit from the market without undue risk.

Boucher, a hedge fund manager and a well-known speaker on trading, provides readers with a solid methodology for achieving market-beating, long-run returns with risk substantially below the long-run risk of US and global securities. He first looks at the limitations of traditional stock and bond investing, and then explains how to determine the safest and most profitable periods for investing in stocks in any country. He explains this strategy both conceptually and with an objective model.


  Pricing Convertible Bonds (256 pages, includes a disk, $69.95 hardcover, 1998, ISBN 0471978728), by Kevin B. Connolly, published by John Wiley & Sons. Convertible bonds are a hybrid of bond and equity. Like a bond, they provide the holder with an income, although this is lower than on a conventional bond because the holder also has the right to buy the issuer's shares at a predetermined price during the life of the bond. These instruments now appeal to a wider range of investors. This book addresses the very complex issue of pricing convertible bonds and includes a 3-1/2 inch disk on the subject.



Chaos and Order In The Capital Markets: A New View Of Cycles, Prices, And Market Volatility (240 pages, $45 hardcover, 1991, ISBN 0471533726), by Edgar E. Peters, published by John Wiley & Sons. Chaos theory has gained significant attention for its ability to reveal patterns and order in what were previously considered wholly random and unpredictable aspects of nature. This book presents a first-time account of the applications of this exciting new science in the area of finance and the capital markets. Peters describes the basis of chaos and its components in a logical and highly understandable manner that emphasizes concepts over formal mathematics. This book will be of interest to traders, brokers, advisors, and other financial professionals at all levels.


  Wall Street's Picks For 1999: Wall Street's Biggest Stars Name This Year's Most Promising Stocks and Mutual Funds (252 pages, $20 paper, 1998, ISBN 0793129397), by Kirk Kazanjian, published by Dearborn Financial Publishing. If you've ever wondered what characteristics the world's most successful investors share, you need look no further than this book. Each year, Kazanjian interviews three dozen of Wall Street's top luminaries to get their insights and investment strategies for the year ahead. He also uncovers their favorite stocks and mutual funds for the coming months. Given that Kazanjian is in regular contact with the financial world's investment wizards, he's often asked what the great minds of Wall Street have in common. Here, the Street's biggest stars share their secrets.


  Trading 102: Getting Down To Business (219 pages, $39.95 hardcover, 1998, ISBN 0471181331), by Sunny J. Harris, published by John Wiley & Sons. In her previous book, Trading 101, Sunny Harris offered novices a crash course on the basics of the field. Now, for those traders looking to continue their education, herein is presented an invaluable roadmap to taking the next step: designing an individual trading system and starting a personal trading business. This unique nuts-and-bolts guide gives budding fund managers everything they need to know about the mechanics of creating, testing, and implementing personal trading methodologies, then using them to start up and run a trading business. Harris creates a solid reference that covers all the bases.



  Money Talks: Candid Conversations about Wealth in America (256 pages, $25.00 hardcover, 1998, ISBN 0793127912), by Robert Koppel, published by Dearborn Financial Publishing. Is there anything under the sun humans have not done for money? People have loved, lied, cheated, killed, even died, all in the name of money. This book spotlights the meaning and power that money exerts on us. You will see how money influences and informs just about every aspect of your life and ultimately discover how you can harness its magic while fully understanding its illusions.


  Trading Systems And Methods: Third Edition (703 pages, $79.95 hardcover, 1998, ISBN 0471148792), by Perry J. Kaufman, published by John Wiley & Sons. For more than two decades, futures traders have turned to this classic for information about the latest, most successful indicators, programs, algorithms, and systems. This newly revised and expanded edition continues that tradition, including many new approaches and covering the latest developments in the continuously evolving equipment and techniques for trading futures markets. This book offers a thorough analysis, using a systematic approach and including explanations of each method. Kaufman explores each trading technique, why a trading system or method works or doesn't work, and how to test a system to achieve a sound trading program. An excellent resource for the trader or market analyst who wants to create or choose a successful trading system.


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