(229 pages, $75 hardcover, 2013, ISBN 978-1-118-59076-8) by Andrew Keene, published by John Wiley.BOOKS FOR TRADERS
(229 pages, $75 hardcover, 2013, ISBN 978-1-118-59076-8) by Andrew Keene, published by John Wiley.
Options can provide a high-leverage approach to trading that can significantly limit the overall risk of a trade or provide additional income. Option expert Andrew Keene helps aspiring investors to enter this sector by explaining the principles of the option market and showing readers how to utilize calls & puts. Written for beginners as well as experienced option traders, Keene On The Market covers a lot of material ranging from put & call basics, to complex options strategies such as butterfly spreads and condors, to time-tested trading plans to help maximize overall trading returns while minimizing losses. It also lays out techniques for combining the elements of simple put & call trades into more complex — yet possibly safer and potentially more lucrative — option trades. Keene was an independent equity option trader at the Chicago Board Options Exchange for 11 years, spending most of that time as a market maker in more than 125 stocks.
additional information: Wiley.com
(346 pages, $125 hardcover, 2013, ISBN 978-1-118-59068-3) by Jea Yu, published by Wiley/Bloomberg Press.
While algorithms have the upper hand in today’s markets with their firepower and speed, individual traders can still succeed by using the market landscape to their advantage, according to this author. In the book, Yu presents an optimized and market-tested hybrid approach for intraday, swing, or portfolio traders. In his approach, he may hold a position that fades the market for weeks or even months at a time. It’s not a traditional buy-and-hold method but a portfolio-management system combining execution, technical analysis, and the risk-aversion and timing of a daytrader merged with the analytics of an activist investor. This book shares the author’s hybrid system. A cofounder of the trading site UndergroundTrader.com, Yu provides analysis, lessons, illustrations, and case studies.
additional information: Wiley.com
($70.63 paperback, $47.08 ebook, 2011 with current daily videos posted online, ISBN 978-0-857-19035-2, e-book 978-0-857-19101-4) by Jeffrey Tennant, published by Harriman House.
The MEJT system is a tool for use alongside other technical analysis techniques in daytrading the Standard & Poor’s 500 index. It is based on the principle that price action at certain times of the day can allow traders to make predictions regarding future support & resistance levels. The system also seeks to define in advance which trends might have staying power and which ones should retrace. In this book, the rules of the MEJT system are explained and illustrated with price charts. The author also publishes daily videos on YouTube with his predictions for the next day’s stock market action based on the MEJT system.
additional information: harriman-house.com
(210 pages, $16 paperback, 2013, ISBN 978-0-814-3328-7) by Jeff Rose, published by Amacom.
Modeled on the Soldier’s Handbook issued to new US Army recruits, this book aims to help individuals get their personal finances into shape. The book seeks to be a no-nonsense, military-style training manual that helps the reader evaluate his or her finances and set up a plan of attack, so to speak. From a commitment oath to a gauge of mission completeness, the book contains 14 weekly training modules and useful tools to: target debt; clean up your credit report; create budgets; build emergency savings; invest for the short and long term; determine an affordable mortgage size; and more. This book aims to be a survival guide for facing down financial challenges and building prosperity.
additional information: AmacomBooks.org
(287 pages, $26.95 hardcover, 2013, ISBN 978-1-118-22611-7) by Stuart Albert, published by Jossey-Bass.
When is for executives in all fields and for people at every level of organizations where it’s important to get the timing right. Good timing, Albert argues, is not just a matter of luck, intuition, or past experience — all of which may be unreliable — but a skill. Albert describes that skill and how it can be acquired by anyone who deals daily with the issues of timing. He presents a single and practical approach for dealing with timing in life and business, whether it’s the launch of a new product, a decision about when to change strategic direction, when to spin off part of a company, accept a counteroffer, or invest in new equipment. History is full of strategies that would have worked if only they had executed either earlier or later. The author states his work is based on a 20-year investigation into more than 2,000 timing issues and errors in business, politics, and even warfare.
additional information: JosseyBass.com, a Wiley Brand