Trading Bookshelf

Anyone looking for a good introduction to options trading faces a crowded field of books. Most are atrocious get-rich-quick books targeted to unsophisticated individual investors. Fortunately for professionals, there are a few gems. If you are new to options trading, Natenberg's Option Volatility & Pricing should be the first book you read. It is practical, insightful, and will get you started in the right direction. It is also surprisingly sophisticated for an introductory text. I've been in this business many years, but Natenberg was still able to teach me a thing or two.

Traditional Western methods for chart analysis (the basis of all technical analysis) use bar or points and figure charts. Yet over 100 years before these methods originated, the Japanese were using their own style of technical analysis for use in the rice futures market.

This hilarious portrait of everyday Wall Street and its denizens rings as true today as it did when it was first published in 1940. Writing with a rare mixture of wry cynicism and bonhomie reminiscent of Mark Twain and H. L. Mencken, Fred Schwed, Jr., skewers everyone including himself in his brilliant send-ups of bankers, brokers, traders, investors, analysts, and hapless customers.

Option Spread Strategies is in-depth and practical guide to successfully trading in any market conditions - the strategies, the risk/reward parameters and the technical trading issues. There are many sources for learning the theory of options, but few offer clear and practical guidance on how to apply technical theories to real market situations. Option Spread Strategies provides a hands-on approach to the most widely used and effective option strategies, including covered calls, collars, verticals, straddles, strangles and back spreads.

Annotation: 2009 reprint of 1960 edition. Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and fifty pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours as a dancer, he read some 200 books on the market and the great speculators, spending as much as eight hours a day studying.

As serious and sophisticated investors know, options are a viable and increasingly popular way to enhance their portfolios. Yet even the most savvy investors need instruction.

John Meriwether, a famously successful Wall Street trader, spent the 1980s as a partner at Salomon Brothers, establishing the best and the brainiest bond arbitrage group in the world. A mysterious and shy mid westerner, he knitted together a group of Ph.D.-certified arbitrageurs who rewarded him with filial devotion and fabulous profits. Then, in 1991, in the wake of a scandal involving one of his traders, Meriwether abruptly resigned. For two years, his fiercely loyal team convinced that the chief had been unfairly victimized plotted their boss's return.

Two years in MBA School won't teach you how to double the market's return. Two hours with "The Little Book That Beats the Market" will. Let Joel Greenblatt, Founder and Managing Partner at Gotham Capital (with average annualized returns of 40% for over 20 years) show you how "beating the market" can be made simple and easy.

For fifty years, this universally acclaimed classic has remained the bible on technical stock analysis. Today, with over 850,000 copies sold, it's well on its way to becoming a million-copy seller. The seventh edition explains every aspect of charting from basic principles to advanced trading techniques to help investors make money regardless of what the market is doing.

Completely updated and revised, it features new charts and references, as well as chapters on derivatives options, and futures trading. Readers will discover:

Published in 1996 and written by Larry Connors and "New Market Wizard" Linda Raschke. This 245 page manual is considered by many to be one of the best books written on trading futures. Twenty-five years of combined trading experience is divulged as you will learn 20 of their best strategies.

Among the methods you will be taught are:

  • Swing Trading - The backbone of Linda's success. Not only will you learn exactly how to swing trade, you will also learn specific advanced techniques never before made public!
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