BOOKS FOR TRADERS
(361 pages, $22 trade paper, 2011, ISBN 978-0-07-177011-8) by Scott Paul Frush, CFA, CFP, published by McGraw-Hill. This work covers all aspects of investing in and trading exchange traded funds (ETFs). For newcomers in the financial markets, investing in ETFs can appear intimidating, but the center of this complex world is a stable core of fact. This work offers an introduction to the topic.
Additional information: www.mhprofessional.com
(192 pages, $45 hardcover, 2012, ISBN 978-1-118-07847-1) by Jeffrey A. Hirsh and John L. Pearson, published by John Wiley & Sons. Severe volatility in oil, precious metals, and food prices causes millions to be lost as well as gained in the commodities market. Despite the erratic ups and downs, there is a cyclical pattern to commodity markets. Weather, holidays, human behavior, and other factors affect supply and demand and, ultimately, commodity prices. This book includes monthly almanac pages, market highlights, detailed statistics, historical strengths and weaknesses, seasonal tendencies, and more. This edition has added a primer on options and spread trading; more ETFs and exchange traded notes (ETNs); and other new information.
Additional information: www.wiley.com
(192 pages, $45 hardcover, 2012, ISBN 978-1-118-04869-6) by Jeffrey A. Hirsch and Yale Hirsch, published by John Wiley & Sons. The 45th edition of this investment tool has information organized in a calendar format. It alerts readers to market patterns and tendencies. The data and analyses presented are relied on by professionals from money managers to journalists. It shows the market’s likely direction based on historical precedent. It makes investing into a business framework by presenting new techniques and tools, statistics and supplying portfolio management.
Additional information: www.wiley.com
(289 pages, $29.99 hardcover, 2012, ISBN 978-0-13-282524-5) by Jay Pestrichelli and Wayne Ferbert, published by FT Press, an imprint of Pearson. If you are trying to build wealth, sharp market downturns are your worst enemy. And nowadays, they’re happening far more often. Professional investors have mastered hedging techniques to dramatically reduce the risks of volatility. This book shows you how to apply hedging as a part of a long-term program for growing and preserving your assets. You can learn how to protect yourself from violent downward moves while giving your portfolio maximum room to run in upward markets. These techniques can be applied to most investment vehicles.
Additional information: www.ftpress.com
(190 pages, $24.95 hardcover, 2011, ISBN 978-1-936782-50-5) by Jeffrey S. Kopitz, published by Langdon Street Press. “Down trading” strategies, once thought to be reserved for elite professional traders, are presented here to teach readers how to make money on securities that go down. This guidebook has more than 75 illustrations to show you how to trade the downside. It contains down charts, down candlestick formations, down reversal patterns, down trigger points, and other “down” information. When markets are down, you can learn to spot opportunities to make money, even when markets are going up.
Additional information: www.LangdonStreetPress.com
(204 pages, $22.95 hardcover, 2011, ISBN 978-0-470-90341-4) by Mitch Zacks, published by John Wiley & Sons. Over the years, various approaches to investing have emerged, but some of them have been less than impressive. The challenge is finding the right ways to earn above-average returns. This book breaks down some of the best investing strategies and tells you how you can incorporate them into your investing. It takes you through various strategies that could help you improve your investment process. You will learn to follow seasonal patterns by looking at common calendar anomalies such as the January barometer, May/October effect, and more. You’ll learn how combining two or more different factors can generate returns that are greater than any one of the factors by itself.
Additional information: www.wiley.com