June 2010

A Trader’s First Book On Commodities
(244 pages, $34.99 hardcover, 2010, ISBN 978-0-13-701545-0) by Carley Garner, published by Pearson Education, publishing as FT Press.

You can make large profits from trading commodities — but you’ll need significant practical knowledge of the associated risks and market characteristics before you start. That’s where this book comes in. In it you will find specific guidance on cost-effectively accessing commodity markets, avoiding common beginners’ mistakes, and improving the odds of successful, profitable trades. It also demystifies the industry’s colorful language, helps you understand what you are buying and selling, and walks you through the trading process. You will be shown how to calculate profit, loss, and risk in commodities. It concludes with a look at topics such as trading plans, handling margin calls, and maintaining emotional stability as a trader.

Additional information: www.ftpress.com

The Financial Spread Betting Handbook: A Guide To Making Money Trading Spread Bets
(295 pages, £19.99 paperback, 2007, ISBN 978-1-897597-93-4) by Malcolm Pryor, published by Harriman House.

Financial spread-betting is growing in popularity. The author uses the model of climbing a mountain to explain the process, starting with a base camp of getting the right data, software, opening an account, and so forth, then moving up to deciding on a strategy, to reach the top where the winners are separated from the losers. Spread-betting is fun, but if you want to make money, then it must be taken seriously. This is an essential guide for getting to the top of the financial mountain.

Additional information: www.harriman-house.com

Reminiscences Of A Stock Operator With New Commentary And Insights On The Life And Times Of Jesse Livermore
(423 pages, $34.95 hardcover, 2009, ISBN 978-0-470-48159-2) by Edwin LeFèvre, annotated by Jon D. Markman, with a foreword by Paul Tudor Jones, published by John Wiley&Sons.

This book is physically larger than most and printed in a two-column format. The columns nearest the center of the book, for the most part, contain the original writings of Edwin LeFèvre. The outside columns contain the annotations of Markman, which tells the story of trader Jesse Livermore like never before. The annotations provide colorful, historically accurate commentary on the characters, places, and events that have made Reminiscences such an enjoyable and educational read for generations. They also bridge the gap between Livermore’s fictional life and his real exploits. Longtime fans will understand Reminiscences in a fresh way, and new readers will enjoy a richer experience than was possible before.

Additional information: www.wiley.com

Rich Dad’s Conspiracy Of The Rich: The 8 New Rules Of Money
(260 pages, $12.99 paperback, 2009, ISBN 978-0-446-55980-5) by Robert T. Kiyosaki, published by Business Plus, an imprint of Grand Central Publishing, a division of Hachette Book Group.

This two-part book was one of the first to be written online and include the comments and blogs of the online readers who worked with the author while it was being written. The book calls out how the rich control the world economy through large, established institutions and the governments that support them. Part 1 concentrates on understanding the history and the corruption, to better see a brighter future. Part 2 deals with what we can do with our money in building people up through financial education.

Additional information: www.HachetteBookGroup.com

The Stock Market Cycles
(144 pages, $37 paperback, 2009, ISBN 978-097925721-6) by Clif Droke, published by Publishing Concepts.

Discover the power of the major long-term cycles that govern stock market behavior and dictates the future course of the economy. This work is all about how certain yearly cycles determine the course of the US equities market as well as influence social, political, and cultural trends. What does the future hold for equities based on the yearly cycles? Will the US survive the upcoming 120-year cycle bottom in 2014?

Additional information: www.clifdroke.com

Stock Options: Work ½ Hour A Day
(192 pages, $19.95 paperback, 2009, ISBN 978-1-4276-3863-2) by Harsimran Singh, Ph.D, published by Dr. Singh Books, Inc.

Of the people who trade options, 95% lose money. One reason is that their advisors are ill-informed. Unlike swimming instructors who teach without ever going in the water, the author jumped into the deep waters and tried various strategies before he found those that worked. Most brokerage houses discourage people from trading options, even though in many cases option trading is safer than direct stock purchase. The author analyzed different strategies for bull markets, bear markets, and neutral markets and has come up with the best strategies of each.

Additional information: www.drsinghbooks.com