Books For Traders
July 2011
- Ben Graham Was A Quant: Raising The IQ Of The Intelligent Investor
- Investing With Volume Analysis: Identify, Follow, And Profit From Trends
- Mastering Trade Selection And Management: Advanced Strategies For Long-Term Profitability
- The Naked Trader: How Anyone Can Make Money Trading Shares, 2d ed.
- The Mejt System: A New Tool For Day Trading The S&P 500 Index
- The Technical Analysis Course: Learn How To Forecast And Time The Market, 4th ed.
Ben Graham Was A Quant: Raising The IQ Of The Intelligent Investor
(338 pages, $49.95 hardcover, 2011, ISBN 978-0-470-64207-8) by Steven P. Greiner, published by John Wiley & Sons.
Benjamin Graham, the pioneer of value investing, believed in a philosophy that continues to be followed today. Part of this philosophy includes adhering to your stock selection process. If a quant designs and implements mathematical models for predicting stock or market movements, what better way to remain objective than to invest using algorithms in a quantitative method? The book focuses on the factors used in selecting “Graham” stocks and demonstrate how to test these factors with current software, then combine them into a quantitative model. Quantitative investing ultimately leads to disciplined, and intelligent, investing. This book will help you achieve this goal.
Additional information: www.wiley.com
BACK TO LISTInvesting With Volume Analysis: Identify, Follow, And Profit From Trends
(333 pages, $49.99 hardcover, 2011, ISBN 978-0-13-708850-7) by Buff Pelz Dormeier, Cmt, published by FT Press, an imprint of Pearson.
If price is the market’s testimony, then volume is the market’s polygraph. Volume tells you more about the real force and extent of the investor’s conviction about prices. By analyzing the market’s volume, you can uncover trends sooner and with more reliability — and be in a better position to capture the profits those trends might deliver. By using volume analysis you’ll learn to uncover shifts in investor enthusiasm, identify disparities in market opinion, and sniff out coming trend reversals. You’ll also learn how to assess strength and weakness in supply and demand, and integrate volume analysis with other portfolio allocation techniques. Turn on the volume and discover what the market has been trying to tell you.
Additional information: www.ftpress.com
BACK TO LISTMastering Trade Selection And Management: Advanced Strategies For Long-Term Profitability
(230 pages, $55 hardcover, 2011, ISBN 978-0-07-175498-9) by Jay Norris with Al Gaskill, published by McGraw-Hill.
This guide provides proven strategies for generating profits on a consistent basis under all economic conditions. The secret lies not in predicting the market, but in managing your trade from beginning to end. You will be given instructions for selecting a market to trade, determining which direction to trade, what to look for prior to trading, and when to enter and exit a trade. The simple five-step system will make you a more consistent and profitable trader. By using the graphs, charts, and trading example presented, you can research, set up, and test your trades to fine-tune them for the real world.
Additional information: www.mcgraw-hill.com
BACK TO LISTThe Naked Trader: How Anyone Can Make Money Trading Shares, 2d ed.
(367 pages, £21.99 hardcover, 2010, ISBN 978-1-905641-51-2) by Robbie Burns, published by Harriman House.
Completely updated and expanded, this edition gives you the strategies you need to make money from the stock market. It contains more essential tips, key facts, ideas, and insights. Beginners can start here, while more experienced traders can learn some new ideas. You will find out how to pick good stocks and avoid the stinkers. The author’s top 10 winning strategies are revealed to ensure only the best shares get bought. Everything is explained simply, without the jargon found in many other books. This book will work for you whether you want to just make a little extra, or if you want to make the market your full-time job.
Additional information: www.harriman-house.com
BACK TO LISTThe Mejt System: A New Tool For Day Trading The S&P 500 Index
(184 pages, £44.99 hardcover, 2011, ISBN 978-0857190352) by Jeffrey Tennant, published by Harriman House.
The Mejt system is a new tool for use with other technical analysis techniques in daytrading the S&P 500. It is based on the idea that price action at certain times of the day can allow traders to make predictions regarding future support and resistance levels. It also defines which trends might have staying power and which should retrace. This system is designed to work with the S&P 500 and will appeal to experienced daytraders already familiar with technical analysis of the stock market. If that is you, then this book will give you information you can, and will, use every day.
Additional information: www.harriman-house.com
BACK TO LISTThe Technical Analysis Course: Learn How To Forecast And Time The Market, 4th ed.
(395 pages, $60 paperback, 2011, ISBN 978-0-07-174902-2) by Thomas A. Meyers, Cfa, published by McGraw-Hill.
Technical analysis is the most reliable method for forecasting trends and timing market turns. It is as close to a scientific trading method as you can get. This course provides the essential foundation for using time-tested technical analysis techniques to profit from the markets. You will learn how to identify profitable chart patterns, utilize key analytical tools, perform advanced analysis using the many technical indicators available, and the way to purchase securities when prices are near their bottom and sell them when they are near their highs.
Additional information: www.mcgraw-hill.com
BACK TO LIST