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The Option Trader's Hedge Fund: A Business Framework for Trading Equity and Index Options
Dennis A. Chen - 2012
Packed with real-world examples, the authors show you how to manage your own "one man" hedge fund and make consistent profits from selling options by applying the basic framework and fundamental business model and principles of an "insurance company." This framework helps you to apply your option trading strategy to a solid, predictable, business model with consistent returns. For someone who has some knowledge of trading options and wants to become a consistent income earner. The authors provide a complete "operations manual" for setting up your business. Gain pearls of wisdom from both a professional options trader and coach, and from a hedge fund manager focused on managing an options based portfolio.
Technical Analysis Explained: The Successful Investor's Guide to Spotting Investment Trends and Turning Points
Martin J. Pring - 1985
This work shows how to increase trading and investing profits by understanding, interpreting, and forecasting movements in markets and individual stocks.
Machine Learning: A Probabilistic Perspective
Kevin P. Murphy - 2012
Machine learning provides these, developing methods that can automatically detect patterns in data and then use the uncovered patterns to predict future data. This textbook offers a comprehensive and self-contained introduction to the field of machine learning, based on a unified, probabilistic approach.The coverage combines breadth and depth, offering necessary background material on such topics as probability, optimization, and linear algebra as well as discussion of recent developments in the field, including conditional random fields, L1 regularization, and deep learning. The book is written in an informal, accessible style, complete with pseudo-code for the most important algorithms. All topics are copiously illustrated with color images and worked examples drawn from such application domains as biology, text processing, computer vision, and robotics. Rather than providing a cookbook of different heuristic methods, the book stresses a principled model-based approach, often using the language of graphical models to specify models in a concise and intuitive way. Almost all the models described have been implemented in a MATLAB software package—PMTK (probabilistic modeling toolkit)—that is freely available online. The book is suitable for upper-level undergraduates with an introductory-level college math background and beginning graduate students.
The Naked Trader's Guide to Spread Betting: How to make money from shares in up or down markets
Robbie Burns - 2010
But it's not a world populated by pinstriped men waiting to rob you, steal your savings and do nasty things to small kittens. You can win. (And you never have to pay a penny in tax!) This book shows you how. Robbie Burns, bestselling author of The Naked Trader, has been spread betting for years. He explains why it's an indispensable tool to use alongside normal investing or trading. Especially as you can make money even if the market goes down. Robbie takes you through everything from how it works, to managing your risk, working out exposure, and how, often, doing nothing is the best move! He explains the ins and outs of successfully betting on shares in his trademark down-to-earth style, covering everything you need to know. From the simple stuff through to proven strategies, including those that can be used in different markets - it's all here. There are also behind-the-scenes visits to two top spread betting firms. But it's a big, bad old world out there, and there are a whole heap of mistakes you can make, an awful lot of money you can lose. Rounding up spine-chilling traders' tales of spread bets gone wrong, and using all he has learnt from making silly mistakes himself, Robbie also helps you learn what not to do. This is the ultimate guide to spread betting - how to do it, have fun and hopefully make a few quid.
Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices (Wiley Trading)
Thomas J. Dorsey - 1995
- Jim Rogers, author of Hot Commodities and Investment Biker "An invaluable road map for managing risk in the markets. Tom's methodology has given us the discipline and confidence to look around corners for our clients for almost twenty years." - James A. Parish, President and COO, Morgan Keegan & Co., Private Client Group "Tom Dorsey continues to be one of the foremost authorities on Point and Figure charting. His relative strength analyses are essential for investors and traders alike. Furthermore, I always want to know what his NYSE Bullish Percent Indicators is "saying." - Lawrence G. McMillan, President, McMillan Analysis Corp., "Tom Dorsey has done it again...he has taken his 30-plus years of unending devotion, talents, and insights in technical analysis and applied them to Exchange Traded Funds. He begins with the history of ETFs, explains how different they are from mutual funds, and then applies his expertise in Point and Figure charting to help traders and investors time their purchases and sales." - Ralph J. Acampora, CMT, Director of Technical research, Knight Capital "Reading Tom Dorsey's Point & Figure Charting is the like procuring a road map before you begin a journey. It's a comprehensive look at how to succeed in the markets. This book is not only essential but easy to follow for everyone." - Paulo Pinto, CEO, Dif Broker "Point and Figure Charting has become a valuable part of my daily trading routine. As an investment professional, it makes perfect sense to use Tom's methods in conjunction with fundamental analysis." - Damion Carufe, Investment Professional
Five Waves to Financial Freedom: Learn Elliott Wave Analysis
Ramki N. Ramakrishnan - 2011
It is no surprise, then, that professional traders and investors invariably use Elliott Wave analysis as a key decision making tool in their market activity. However, most people who try to learn the techniques by themselves often run into difficulty because the real world market movements appear to be different from the examples found in most standard reference books. This book will give you a detailed “working” knowledge of the Wave Principle. Written in simple language, and with plenty of recent and real life examples, "Five Waves to Financial Freedom" will likely become your favorite reference book which you could use to quickly verify whether your own interpretation of the market fits in with the author's guidance. With its liberal use of cross-references, this book will enhance your understanding of the rules and guidelines that govern the Wave Principle. Furthermore, you could use the hundreds of examples available in the author’s website to support what you learn from this book. The techniques outlined in this book are the very same techniques that Ramki has successfully used for nearly 30 years. About the Author: N.Ramakrishnan ( Ramki) is a Treasury Manager with nearly 30 years of market experience. His views are sought after by traders, hedge-fund managers, investors and corporate treasurers from around the world. Ramki has been using the Elliott Wave Principle almost his entire career, and he shares his unique perspective on the markets.Forbes has recently counted Ramki as one of the three excellent Elliott Wave Technical Analysts out there.Raves from readers: "I have found your book on Elliott Wave Analysis to be just as the reviews described it - easy to read with practical examples of how to use EW…"Micheal C"Thank you for the wonderful book on Elliott Waves. It is easy to understand and is not confusing as others on the same subject." Colin P"…Moreover your own concept and combination of Fibonacci ratios are outstanding…" M Dham"I gained lot of confidence on Elliott Waves by reading your book. Became regular reader of your blog too…" Suren B"I can safely say that I haven't seen analysis that was clear and more simply done than yours. Elliott Waves Analysis made easy.." Nikhil L"Thank you very much for great book. My first lessons on Elliot Wave Theory.." A.Ayyagar"I finished reading your book and must say that of all the books on Elliott Waves that I have ever read and is available in market, this one is best in helping to understand the Wave Principle and its practical application.. "Tushar K"I bought your fantastic book on Elliott Waves from Amazon.com.." Mukesh C"I found your book on Elliott Wave Analysis to be the perfect supplement to both Frost and Balan's books on Elliott Waves.." Jeff M"I must tell you that your book on Elliott Wave Analysis is absolutely great. No undue decoration, just plain Elliott. Your personal insights throughout the book provide invaluable tips for real time wave counting.. " Ann D
The Money Masters
John Train - 1980
In these fascinating profiles John Train reveals the unique investment styles that have made each a master: the traits that distinguish them from the crowd and the techniques that create the single characteristic unifying them all -- consisently profitable investments. Their methods, Train reveals, include those both the nonprofessional and the seasoned investor can apply for profit.
You Are a Badass at Making Money: Master the Mindset of Wealth
Jen Sincero - 2017
Drawing on her own transformation—over just a few years—from a woman living in a converted garage with tumbleweeds blowing through her bank account to a woman who travels the world in style, Jen Sincero channels the inimitable sass and practicality that made You Are a Badass an indomitable bestseller. She combines hilarious personal essays with bite-size, aha concepts that unlock earning potential and get real results. Learn to: • Uncover what's holding you back from making money • Give your doubts, fears, and excuses the heave-ho • Relate to money in a new (and lucrative) way • Shake up the cocktail of creation • Tap into your natural ability to grow rich • Shape your reality—stop playing victim to circumstance • Get as wealthy as you wanna be“This book truly crystallizes the concept that financial abundance is an inside job—in that it all begins with your mindset—and Sincero gets serious (in the funniest ways possible) about helping you identify your particular limiting beliefs surrounding money.” —PopSugar
The Predictors: How a Band of Maverick Physicists Used Chaos Theory to Trade Their Way to a Fortune on Wall Street
Thomas A. Bass - 1999
Who better to try to find order in the apparently unreasoned chaos of the global financial markets? Thomas A. Bass takes us inside their start-up company, following it from its inception as a motley collection of longhaired Ph.D.s to its passage into the centers of financial power, where the predictors find investors and finally go live with real money. The Predictors is a dizzying, often hilarious tale of genius and greed.
Beat the Forex Dealer: An Insider's Look Into Trading Today's Foreign Exchange Market
Agustin Silvani - 2008
It is one of egos and money, where millions of dollars are won and lost every day and phones are routinely thrown across hectic trading desks. This palpable excitement has led to the explosion of the retail FX market, which has unfortunately spawned a new breed of authors and gurus more than happy to provide misleading and often downright fraudulent information by promising traders riches while making forex trading 'easy'. Well I'll let you in on a little secret: there is nothing easy about trading currencies. If you don't believe me then stop by Warren Buffet's office and ask him how he could lose $850m betting on the dollar or ask George Soros why his short yen bets cost him $600m not once but twice in 1994. What's wrong with these guys, don't they read FX books? In reality, the average client's trading approach combined with the unscrupulous practices of some brokers make spot FX trading more akin to the games found on the Vegas strip than to anything seen on Wall St. The FX market is littered with the remains of day traders and genius 'systems, ' and to survive in the long-run traders have to realize that they are playing a game where the cards are clearly stacked against them. Have you ever had your stop hit at a price that turned out to be the low/high for the day? Bad luck perhaps? Maybe. What if it happens more than once? Do you ever feel like the market is out to get you? Well guess what, in this Zero Sum game it absolutely is. Covering the day-to-day mechanics of the FX market and the unsavoury dealings going on, Beat the Forex Dealer offers traders the market-proven trading techniques needed to side-step dealer traps and develop winning trading methods. Learn from an industry insider the truth behind dirty dealer practices including: stop-hunting, price shading, trading against clients and 'no dealing desk' realities. Detailing the dealer-inspired trading techniques developed by MIGFX Inc, consistently ranked among the world's leading currency trading firms, the book helps turn average traders into winning traders; and in a market with a 90% loss rate winning traders are in fact quite rare! More than just a simple manual, Beat the Forex Dealer brings to life the excitement of the FX market by delivering insights into some of the greatest trading triumphs and highlighting legendary disasters; all written in an easy to read style. Make no mistake about it there is a lot of money to be made in currency trading, you just have to know where to look. Sidestepping simple dealer traps is one way of improving your daily p&l, but it is surely not the only one. Successful trading comes down to taking care of the details, which means skipping the theoretical stuff and providing only up-to-date, real-life examples while sharing the FX trading tips that have proved so profitable over the years. By stripping away the theory and getting down to the core of trading, you too will find yourself on the way to beating the forex dealer!
Financial Modeling [With CDROM]
Simon Z. Benninga - 2000
Financial Modeling bridgesthis gap between theory and practice by providing a nuts-and-bolts guide to solvingcommon financial models with spreadsheets. Simon Benninga takes the reader step bystep through each model, showing how it can be solved using Microsoft Excel. Thelong-awaited third edition of this standard text maintains the "cookbook"features and Excel dependence that have made the first and second editions sopopular. It also offers significant new material, with new chapters covering suchtopics as bank valuation, the Black-Litterman approach to portfolio optimization, Monte Carlo methods and their applications to option pricing, and using arrayfunctions and formulas. Other chapters, including those on basic financialcalculations, portfolio models, calculating the variance-covariance matrix, andgenerating random numbers, have been revised, with many offering substantially newand improved material. Other areas covered include financial statement modeling, leasing, standard portfolio problems, value at risk (VaR), real options, durationand immunization, and term structure modeling. Technical chapters treat such topicsas data tables, matrices, the Gauss-Sidel method, and tips for using Excel. The lastsection of the text covers the Visual Basic for Applications (VBA) techniques neededfor the book. The accompanying CD contains Excel worksheets and solutions toend-of-chapter exercises.Simon Benninga is Dean of the Facultyand Professor of Finance at Tel Aviv University and Visiting Professor of Finance atthe Wharton School at the University of Pennsylvania.
How To Day Trade Stocks For Profit
Harvey Walsh - 2011
Complete Day Trading Course How To Day Trade Stocks For Profit is a complete course designed to get you quickly making money from the stock market. No previous trading experience is necessary. Easy to read and jargon-free, it starts right from the very basics, and builds to a remarkably simple but very powerful profit generating strategy. What Others Are Saying Readers of this book make real money, as this short selection of comments shows: • "Have been using the info in the book for three days... $1,490.00 in the bank." • "It was a great day! I made a $1175.50 profit." • “Per 1 January I started day trading full time." • “I am already making my job salary in trading." • “I ended my first day of live trading with a net profit of $279.53.” What's Inside Just some of what you will discover inside: • What really makes the stock market tick (and how you can make lots of money from it). • The single biggest difference between people who make money and those who lose it. • How to trade with other people's money, and still keep the profit for yourself. • Specific trading instructions, exactly when to buy and sell for maximum profit. • How to make money even when the stock market is falling. • The five reasons most traders lose their shirt, and how you can easily overcome them. • Three powerful methods to banish fear and emotion from you trading - forever. • How you can get started trading with absolutely no risk at all. • 14 Golden Rules of trading that virtually guarantee you will be making money in no time. Fully Illustrated The book is packed with real life examples and plenty of exercises that mean you’ll be ready to go from reading about trading, to actually making your own trades that put cash in the bank.
The Certified Six SIGMA Black Belt Handbook
T.M. Kubiak - 2008
While the primary audience for this work is the individual preparing to sit for the Six Sigma Black Belt certification examination, a secondary audience for the handbook is the quality and Six Sigma professional who would like a relevant Six Sigma reference book. With this audience in mind, the authors have greatly expanded the appendices section to include: * The 2001 Body of Knowledge, so that readers can compare changes and perhaps offer recommendations to future bodies of knowledge * Statistical tables completely redeveloped using a combination of Microsoft Excel and Minitab 15 * A table for control constants expanded to now include virtually all control constants * Tables for both cumulative and non-cumulative forms of the most useful distributions, including binomial, Poisson, and normal * Additional alpha values in tables * An expanded glossary, with more terms relating to lean * A second glossary of the most common Japanese terms used by quality and Six Sigma professionals
Technical Analysis Using Multiple Timeframes
Brian Shannon - 2008
How to enter established trends at low risk, high profit levels Recognize and profit from the cyclical flow of capital through all markets Estimating profit potential in a trade Correct stop placement for preservation of capital and maximization of winners Tips on how to recognize and control costly emotional decisions Why fundamental analysis matters Brokerage firm dirty tricks to profit from your account with hidden fees Learn to anticipate rather than react to price movement Specific strategies for entering, managing and exiting long and short trades Short squeeze dynamics How to properly analyze and use volume and moving averages When the Level 2 screen is helpful And Much More!
Modern Portfolio Theory and Investment Analysis
Edwin J. Elton - 1980
It stresses the economic intuition behind the subject matter while presenting advanced concepts of investment analysis and portfolio management. Readers will also discover the strengths and weaknesses of modern portfolio theory as well as the latest breakthroughs.