This nuts-and-bolts guide gives you a step-by-step action plan for understanding and trading the forex market. It offers practical guidance on comprehending currency quotes, identifying forex trading opportunities, using leverage, trading with fundamentals, navigating technical analysis, and much more.
A practical guide to algorithmic trading strategies that can be readily implemented by both retail and institutional traders alike. Skillfully covers a wide array of strategies. Broadly divided into the mean-reverting and momentum camps, it lays out standard techniques for trading each category of strategies and the fundamental reasons why a strategy should work.
Within the pages of this book, you’ll learn how to identify chart patterns, supported by easy-to-understand performance statistics describing how well a pattern works, what the failure rate is, and what special quirks suggest better future performance. You’ll discover how often a stop loss order will trigger at various locations within a chart pattern, how the chart pattern’s performance has evolved over the past three decades, and how to profit from failure by trading busted patterns.
For Dummies Series
Shows you how to construct and use candlestick, bar, line, and area charts. You'll discover what each type of chart does best, and what tools you can add to the charts to make them more effective.
Risk & Money Management
Harry Markowitz invented portfolio selection in 1952 - the concept of strategically building a a durable investment portfolio rather than chasing hot stocks.This book takes a hard look at his world-changing theory through the lens of current markets...and guides you through the process of making investing decisions in the face of uncertainty.
An engaging, in-depth primer on the fundamentals of money management and the financial system that affects all our lives. Demystifies finance and provides plainspoken, straightforward advice for building a solid foundation you can count on in good times and bad.
Shows how to turn your investment portfolio into an income factory whose sole job is to create a "river of cash" that you can use to fuel growth through reinvesting and compounding. The author shatters the myth that investment success depends on market appreciation...instead focusing on earning your return in cash - ensuring your financial growth through all sorts of market volatility.
Presents imaginative and unconventional commodity options strategies intended to reduce the hazards of speculation as well as help businesses improve the efficiency of their hedging activities. Through tough-learned lessons, this book tackles the nearly impossible task of streamlining the process of developing an appropriate options strategy for any market environment and risk tolerance, then making the necessary mid-trade adjustments to improve the odds of success.
Complete information about the latest, most successful indicators, programs, algorithms and systems. Now in it's sixth edition, this is the most comprehensive resource covering technical analysis available anywhere.
This book is an essential resource for those making pricing or risk management decisions in time-constrained environments...including, naturally, traders. An in-depth analysis of options theory with an eye towards helping develop a trader's sense of intuition when it come to options trading.
This book is about making decisions. Science tells us that human decision-making is flawed, biased, and irrational. The author trains you to avoid these problems in day-to-day decisions...react in real-time with the appropriate decision...leverage your unique skills and knowledge...make profitable trades...and think like a trader.
Written by an interbank FX trader with over twenty years of experience, this book will help you navigate this lucrative, volatile and quite liquid market. Includes training in vital inputs such as macro fundamentals, sentiment, cross-market action and prudent risk management. Teaches you specific skills and helps you develop your own style so you can improve your trade selection, risk management and decision-making process and achieve better outcomes.
Here is the gripping story of the creation of what would become the largest mutual fund organization in the world, The Vanguard Group...as told by it's founder, John C. Bogle. Not deterred by his colleagues' caution and - in some cases - outright hostility towards the concept of a truly mutual fund, Bogle persevered and built a $5 trillion mutual fund complex. Learn the investment philosophy that brings mutual fund investors their fair share of stock and bond market returns.
Trains first time traders in the importance of making a series of right decisions before ever placing a commodity trade. Presents detailed instruction on fully understanding market mechanics and logistics...choosing a proper trading platform...understanding order types...quoting and calculating profit or loss in each of the commodity markets...preparing for margin calls...and much more.
Shows how a simple portfolio of three Total Market Index Funds outperforms most investors, with less risk. This easy-to-implement investing strategy follows the philosophy of iconic investor and Vanguard founder, Jack Bogle. Trains you to determine your proper asset allocation...to choose smart investments...and then optimally manage your portfolio over time - without losing sleep or money.
Risk & Money Management
A thought provoking book that outlines what it takes to develop, evaluate and implement an effective trading strategy in the real world. Packed with life and market lessons, the author corrects the misconceptions and explains the realities of futures trading, along with the risks and potential rewards. Introduces the Angle Ratio, a proprietary performance measuring method that could eclipse the Sharpe Ratio as the premier indicator of system performance.
Guides traders through the process of commodity market analysis, strategy development, and risk management. Discusses several alternative market concepts and unconventional views such as option selling tactics, hedging futures positions with options, and combining the practice of fundamental, technical, seasonal, and sentiment analysis to gauge market price changes.
Index funds and ETFs are in accelerating demand by active investors around the world. This short book explains why active investing is far less effective than it once was, and why astute investors are increasingly switching to indexing.
Reveals the truth about a trading strategy that makes money in up, down and surprise markets. In this timely reboot of his best selling classic, Michael Covel dives headfirst into trend following strategy to examine the risks, benefits, people and systems. You'll hear from traders who have made millions, and learn from their successes and mistakes.
Indicators & Techniques
Understanding the macroeconomic forces at work everyday is essential to managing risk and getting in front of the next big movers.These underlying trends shift economies the same way earnings releases move stocks, which make following economic indicators a core practice of successful investors and traders. This book conveniently offers an illustrated tour of all the major indicators to habitually watch.
Delves into the practical matters of automated trading, explaining everything from where to find quality data, to which platforms to consider, to timely and topical strategies. This is an accessible and information-packed book for the quant-minded trader.
For Dummies Series
No matter where you are in your investment planning, Eric Tyson's time-tested advice, recommendations, and strategies help you ramp up your portfolio. Covering the latest information on retirement planning, tax laws, investment options, and more, this book makes it easy to invest in your financial future.
Takes chart analysis one step further. Goes beyond buy triggers to examine price reactions in twenty of the most common chart patterns. Simply match your setup to one of the configurations presented and see - before you buy - how your trade will likely perform.