BOOKS FOR TRADERS
(240 pages, $75 hardcover, 2011, ISBN 978-0-07-177761-2) by James F. Grebey, published by McGraw-Hill.
Most people at the M&A table know how to carry financial and legal due diligence. Only accomplished investors come prepared with an understanding of the complete process. This is a guide for investors who need an accurate determination on the sustainability of a business. It provides a strategy for analyzing business operations and illustrates how to analyze your discoveries, explaining how and why each sector is an important indicator of the long-term sustainability and providing a document checklist.
additional information: www.mhprofessional.com
(500 pages, $110 hardcover, 2012, ISBN 978-0857-192455) by Jeremy du Plessis, published by Harriman House.
This book covers the subject of point & figure from its beginnings through its evolution to become the voice of the market. How to construct and use the charts and their buy and sell signals, revelation of trend, reversal, support and resistance levels are all explained and illustrated. The subject is explained as an evidence-gathering procedure that leads to a successful trading method, with accurate entry, stop-loss, and targets. It is also brought up to date with some new thinking involving indicators such as on-balance volume, Bollinger Bands, and parabolic stop & reverse signals.
additional information: www.Harriman-House.com
(279 pages, £17 paperback, 2012, ISBN 978-0857-190963) by Rodney Hobson, published by Harriman House.
This work is designed to help build a balanced share portfolio that provides dividend income. Designed for longevity but pertinent in times of low interest rates, this book has real-life examples and analysis of how to gain added income with dividends. Topics include ratios, yield, dividend cover, the dividend payout ratio, total return, cash flow, burn rate, gearing or leverage, interest cover, earnings per share, and the price/earnings ratio.
additional information: www.Harriman-House.com
(332 pages, £34.99 hardcover, 2007, ISBN 978-1-90564-113-0) by Brian Marber, published by Harriman House.
Marber writes about his approach and includes details of market pitfalls and the occasional pratfall. The book presents the reader with the techniques and indicators that the author has used in his 51 years in the business. This book tells you his methods, when positions have gone wrong, and what you do about it. Technical analysis is about running profits and, by using technically oriented stops, cutting losses when the position you’re in becomes untenable. The author begins with price, then what price leads to: trends, support and resistance, patterns, indicators and ratios. When that has been absorbed, he moves on to stops. This book is for anyone who wants to understand the markets.
additional information: www.Harriman-House.com
(27 pages, $13.98 paperback, 2012, ISBN 978-1478107934) by Steven R. Kinney, published by CreateSpace.
Mutual fund investing is the easiest, quickest, most affordable, and safest way to accumulate wealth and invest toward a secure retirement. Mutual fund investing allows you to diversify your portfolio by investing with seasoned mutual fund managers. With mutual funds, time is on your side as well as the ability to compound returns. Historically, the S&P 500 has returned 10.7% since 1920.
additional information: www.createspace.com
(249 pages, $75 hardcover, 2012, ISBN 978-1-118-07269-1) by L.A. Little, published by John Wiley & Sons.
Just like trends, all trade setups are not created equal. To achieve trading success, you need to find the great setups and avoid the rest. This book addresses issues surrounding trade setups and shows you what it takes to recognize potential greatness and pursue these opportunities. This resource touches on everything from qualified trends, anchor bars, support and resistance zones to the importance of time frames, and influences that affect trade success and failure. There is guidance on formulating a workable trading plan before the focus shifts to finding the highest probability trade setups. This book will detail a process for understanding how to enter and exit trends for the best possible trading results. The author is a Stocks & Commodities contributor.
additional information: www.wiley.com