BOOKS FOR TRADERS
(53 pages, $60 digital, 200X, ISBN 978-0-9853072-0-2) by Laurence Connors and Cesar Alvarez, published by Connors Research, LLC.
Gap trading has been a successful trading strategy used by professional traders for some time. Commodity advisors, money managers, and those who trade equities have relied on gaps for 20 years as a means for their success. ETF gap trading can be a consistent strategy in your trading. This guide begins with a history of gaps, then gives some introductory training for the beginner. The authors have written for Stocks & Commodities.
additional information: www.connorsresearch.com
(400 pages, $75.00 hardcover, 2013, ISBN 978-1-118-27302-9) by Gil Morales and Chris Kacher, published by John Wiley & Sons.
This is the second book by the authors, sometime contributors for Stocks & Commodities, on market legend William O’Neil’s CANSLIM approach to trading. It will arm you with a set of analysis techniques and trading strategies that are a step forward in the evolution of the O’Neil model. Frustrated by markets and perceived constraints in the O’Neil model, the authors spent years examining charts and analyzing trades in order to improve on the O’Neil strategies. The outcome was a set of techniques for identifying and capturing stock breakouts early and riding them up for profit taking. This guide is a detailed introduction to those techniques, to the theory behind them, and a how-to guide/workbook to mastering them as a customized home trading system for optimum returns in all market conditions. It is packed with technical information, stock analysis tools, and real-world examples and practice exercises.
additional information: www.wiley.com
(240 pages, $49.95 paperback, 2013, ISBN 978-097918384-3) by Howard B. Bandy, published by Blue Owl Press.
This book explains practical methods for swing trading that include both trading frequently and holding a few days. It also shows how identifying overbought and oversold conditions and taking advantage of the semimonthly cycles in prices is possible.
additional information: www.blueowlpress.com
(286 pages, $27 hardcover, 2013, ISBN 978-0-547-31727-4) by James Owen Weatherall, published by Houghton Mifflin Harcourt.
Investor Warren Buffett once warned, “Beware of geeks bearing formulas.” But not all geeks are created equal. While many of Wall Street’s mathematicians and engineers failed when their abstractions turned ugly, the crisis was partly a failure of mathematical modeling. Models have limitations; they break down under certain conditions. The solution is to make the models better. This book reveals people and ideas on the cusp of a new era in finance. We see how an obscure idea from quantum theory might soon be used to create a far more accurate consumer price index.
additional information: www.hmhbooks.com
(282 pages, $80 hardcover, 2012, ISBN 978-1-1184-1085-1) by Andreas F. Clenow, published by John Wiley & Sons.
There is a group of hedge funds and professional traders who consistently outperform traditional investment strategies. It is possible to replicate their trading performance with relatively simplistic models. This work teaches the important parts of trend following. The reader will be able to understand what it is like to trade futures in large scale and where the real problems and opportunities can be found.
additional information: www.wiley.com
(183 pages, £12.99 hardcover, 2011, ISBN 978-1906659073) by Ian Lyall, published by Harriman House.
To the outsider, the City, the heart of London’s financial markets, is still something of a mystery. Independent traders and investors are up against dealers with more information, professional investors with greater financial clout, and investment banks and hedge funds with more powerful systems, all of which can leave the odds stacked against them. This book will help level the playing field. The author delves into the reports of financial analysts and the activities of hedge funds. He shows how the insights he provides can be used to help traders make more profitable trades in the future.
additional information: www.harriman-house.com