Trading Bookshelf

Bull's Eye Investing

The key to successful investing today is knowing where the markets and economy are going, not where they have been, and focusing on absolute returns real profits in your pocket. You, the contemporary investor, instinctively know that the markets of today and the forces that drive them are quite different than those of past decades. Your intuition tells you that if you are to be successful in the future, you must adjust your investment strategy to reflect the new economic realities. But what strategies? What adjustments? Where can you turn for reality-based answers?

How Technical Analysis Works

In clear and concise terms, author and chartered market technician Bruce Kamich explains the basics of charting and analysis and how, by using the technical analysis approach, investors can identify trends, buy at the bottom, sell near the top. Written for today's volatile market, kamich offers a tested approach to technical analysis that can be used as a timing tool, a selection tool, and, most important, a risk management tool.

You Can Be a Stock Market Genius

Fund manager Joel Greenblatt has been beating the Dow (with returns of 50 percent a year) for more than a decade. And now, in this highly accessible guide, he's going to show you how to do it, too. You're about to discover investment opportunities that portfolio managers, business-school professors, and top investment experts regularly miss uncharted areas where the individual investor has a huge advantage over the Wall Street wizards. Here is your personal treasure map to special situations in which big profits are possible, including:

  • Spin-offs
  • Restructurings
When Genius Failed

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.

The Truth About Day Trading Stocks

A realistic guide to day trading today’s stock market: The Truth About Day Trading Stocks is an uncompromisingly realistic look at the challenges involved in becoming a successful day trader. Based on author Josh DiPietro's ten years of experience as a day trader, this book dissects the psychological and strategic pitfalls that cause most aspiring day traders to fail. Written in an engaging and sometimes humorous tone, the book relates his own experiences, and in so doing, provides the reader with valuable lessons.

Technical Analysis of the Financial Markets

In the late 1980s John J. Murphy's massive Technical Analysis of the Futures Markets created an uproar when it burst upon the scene. The most comprehensive, yet easy-to-follow guide to the concepts of technical analysis and their applications to the futures markets, it swiftly became a classic cited in research studies by the Federal Reserve and used as a primary source in the Market Technicians Association testing program. Today, it is widely considered the bible in its field.

The Intelligent Investor

Among the library of investment books promising no-fail strategies for riches, Benjamin Graham's classic, The Intelligent Investor, offers no guarantees or gimmicks but overflows with the wisdom at the core of all good portfolio management. The hallmark of Graham's philosophy is not profit maximization but loss minimization. In this respect, The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Paperback) is a book for true investors, not speculators or day traders.

Options for the Beginner and Beyond

Brief, carefully paced lessons on options and trading strategies using verbal definitions and many trading examples for clarification. Each lesson builds on the one preceding it and explains options in plain English, from start to finish. Step-by-step coverage of controlling risk, protecting your investments -- even advanced strategies other introductory books ignore! Authored by Dr. W. Edward Olmstead, contributing editor to The Spear Report and editor of The Options Professor newsletter.

The Interpretation of Financial Statements

"All investors, from beginners to old hands, should gain from the use of this guide, as I have." From the Introduction by Michael F. Price, president, Franklin Mutual Advisors, Inc. Benjamin Graham has been called the most important investment thinker of the twentieth century. As a master investor, pioneering stock analyst, and mentor to investment superstars, he has no peer.

Options as a Strategic Investment

For those who want to learn options strategies thoroughly, this is the best book available. Begins with basic definitions and proceeds to the most complex strategies, all the way up to diagonal butterfly spreads and stock index arbitrage. The discussion of each topic is well-rooted in theory, yet explained in very practical and easily understood terms. Discussion of roll-up and roll-down strategies will benefit beginners as well as veteran traders. Thorough coverage of financial instruments, futures, and stock indexes.

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