BOOKS FOR TRADERS
(258 pages, £34.99 paperback, 2009, ISBN 978-1905641710) by John Piper, published by Harriman House.
A new type of betting has become the fastest growing area of betting today — binary bets. This book shows in detail how and why you need never use a stop again, and how you can get the market wrong and still make money. This detailed guide from an experienced trader gives an inside look at the world of binary bets.
additional information: www.Harriman-house.com
(228 pages, $39.95 paperback, 2012, ISBN 9780615720371) by Ed Carlson, foreword by Joe Granville, published by SeattleTA Press.
In 1950, George Lindsay published his seminal work An Aid To Timing, with his description of the long cycle and its component multiple and basic cycles. In Ed Carlson’s book, the cycles explain how the models in Carlson’s previous work, George Lindsay And The Art Of Technical Analysis, can be overlaid on the Dow industrials. The book also contains a chapter on Lindsay’s 22-year overlay, a review of Lindsay’s standard intervals, and a case study covering the 1950s.
additional information: www.seattletechnicaladvisors.com
(53 pages, $100 digital, 2012, ISBN 978-0-9853072-2-6) by Laurence Connors and Cesar Alvarez, published by Connors Research LLC.
This is the second book on trading gaps by these authors; the first was basics and is referenced in the first section of this work, while the second is mostly for beginners, and the real teaching for the more experienced gap traders begins in the third. There was more time and research material covered in this book because there are more stocks than exchange traded funds (ETFs) and there are some large differences in how they are traded. In stocks, the size of the gap is more important than with ETFs, and the size of the limit order — to buy or short a gap — needs to be considerably larger trading stocks than necessary with ETFs. Specific filters introduced in this guide had consistently positive returns in results over the past 11-year period.
additional information: www.connorsresearch.com
(318 pages, $7.99 hardcover, 2011, ISBN 978-0-9768023-1-0) by Mark T. Hebner, foreword by Harry M. Markowitz, published by IFA Press.
The financial services industry has a secret that costs investors about $2.5 trillion: managers don’t beat markets. Markets outperform managers by a substantial margin over long periods. This book shows investors how to match their risk capacity to an appropriate risk exposure — a globally diversified portfolio of index funds. This 12-step program will put active investors on the road to possible recovery.
additional information: www.ifa.com
(139 pages, £11.99 hardcover, 2012, ISBN 978-0857192530) by Robbie Burns, published by Harriman House.
Robbie Burns — also known as “The Naked Trader” — is back with something different: now you can spend a year with him through the ups and downs, highs and lows, and profits and losses that come with 12 months in the markets. This diary offers market statistics, hints, and tips for your daily, weekly, and monthly trading dates of companies’ results announcements, dividends, and his anecdotes. Illustrated with cartoons throughout, you can take the Naked Trader with you through every twist and turn.
additional information: www.Harriman-house.com
(201 pages, $75 hardcover, 2013, ISBN 978-1-118-40774-5) by Andrew Abraham, foreword by David Druz, published by John Wiley & Sons.
There is no easy way to make money in today’s markets. To put the odds in your favor you have to work hard, have discipline, have a trading plan, and have patience to let the trading plan work. Andrew Abraham, who is a sometime S&C contributor and interview subject, has experience using trend-following techniques to compound wealth and manage the inherent risks trading. This work shares what you need to know to become a trend-follower and gives a trading plan. By utilizing the ideas and applying them, you could discover what it might take to capture trends.
additional information: www.wiley.com