Trading Books


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Trading Books sorted by Average customer review: high to low .

Trading
Griffin & Sabine: An Extraordinary Correspondence
Published in Hardcover by Chronicle Books (1991-09-01)
Author: Nick Bantock
List price: $19.95
New price: $2.71
Used price: $0.01
Collectible price: $18.75

Average review score:

A voyeur's dream; beautifully written and hauntingly illustrated.
Helpful Votes: 0 out of 0 total.
Review Date: 2008-07-06
The other reviewers have done a fine job discussing the content so I won't regurgitate that. But, this interesting book and its subsequent volumes are the bread and butter of any voyeur who likes to watch and think about the actions that are unfolding while staying a safe distance away. The details of the story are fleshed out nicely in little bits and pieces that you ascertain while reading the letters and postcards and as one reads it you discover just how sophisticated the characters truly are.

Being a scholar of film, I admit that the voyeur comes with the territory but these books take that to an entirely new level and as an owner of the entire series, whenever I find myself feeling worn out by the insipid storytelling that seems so typical of current literature (both written and televisual), I turn to these texts and feel mentally, and even somewhat spiritually refreshed.

Great for reluctant readers
Helpful Votes: 0 out of 0 total.
Review Date: 2007-11-05
I discovered this book years ago and often give it as a gift; now I've discovered that it teaches well too. This mythic love story combines romance, mystery, fantasy, and art while making voyeurs of us all. My reluctant readers -- at-risk high school students -- find the story compelling, the art intriguing, and the open envelopes tantalizing. There's lots to discuss and write about, and the artwork just makes the classroom experience that much richer. The students remained involved from beginning to end, and once we finished the first book, they demanded to read the next two. Griffin and Sabine gets them reading and seeing the world in different ways.

How fun!
Helpful Votes: 0 out of 0 total.
Review Date: 2007-07-25
I just purchased this book. It is beautifully written and illustrated. It was fun seeing what I would be reading next whether it be a post card or a letter stuck in an envelope. Even though it does not take long to read, you could spend even longer examining the pictures. It was so intriging reading these letters that I almost felt like a voyer reading them, like it was none of my business. I am glad that after this book being published over 10 years I finally got my hands on it. I am readily waiting to get the next in the series!

The strange and intriguing correspondence of Griffin and Sabine
Helpful Votes: 21 out of 22 total.
Review Date: 2008-08-22
To pick up and open this book is to immerse yourself in a private world of communications between two people who have never met each other. Communications? Yes. There is the written communication and visual communication which we can read and see, and also a level of apparent telepathic communication which seems to increase during the course of the book.

The book itself must have been a challenge for the printer. It involves a mixture of postcards and letters. The letters are enveloped so that the experience of taking the letter from the envelope, reading it and replacing it makes the reader very much a participant in the experience.

There isn't much written story, but there doesn't need to be. Postcards and short letters are essentially point in time observations or one way communications. What makes this little book so enjoyable is its presentation and its involvement of the adult reader in an essentially tactile experience.

This review is dedicated to my friend Linda, who by drawing this book to my attention, reminded me that books are not just about the written word.

Jennifer Cameron-Smith

"How strange to have a paper love"
Helpful Votes: 27 out of 35 total.
Review Date: 2008-08-12

Sometimes it seems true that "there is no new thing under the sun," but once in a while something truly original comes our way. Griffin & Sabine. An Extraordinary Correspondence is one of those books that restores your faith in creativity.

Their souls are joined by a mysterious connection -- Sabine, a stamp designer raised on a South Pacific island and carrying on her father's exploration of the natural world; Griffin, a lonely London post card artist struggling to find relief for his ailing soul. How does Sabine find him, how does she SEE his work as if with her very own eyes? What can come of their love story? Is their correspondence enough?

Author-illustrator Nick Bantock reveals the story in letters and postcards. Griffin's drawings are angular "realism with a twist" while Sabine takes elements of nature and embellishes them. The envelopes are fixed to the page with typed or lettered pages tucked inside, giving the reader a sense of participation in unfolding the letters to read them. The art and design concept are the real story here, though the small amount of text carries complex, well-expressed feelings.

If you have shelf space for wonderful artwork and an evocative little love story, then this book is for you; I'll be getting my hands on the sequels to read more of the story. Five stars for beauty and originality.

Linda Bulger, 2008

Trading
Sacred Hoops: Spiritual Lessons Of A Hardwood Warrior
Published in Audio CD by Simon & Schuster Audio (2001-02-01)
Author: Hugh Delahanty
List price: $18.00
New price: $17.00
Used price: $14.99

Average review score:

Thanks, Phil.
Helpful Votes: 0 out of 0 total.
Review Date: 2008-07-12
This book is one of my favorites. It seems to have been written with a big heart, in-depth knowledge of NBA basketball and good understanding of human behavior. The book shows how the writer has gotten over many challenges in his own life and I bet he will excel in whatever he puts his heart in. He has brought the world of practical spirituality into sports and dared to break boundaries of conventionality.
A great book!

An enjoyable book offering a meaningful glimpse into the mindset of one of the NBA's greatest coaches
Helpful Votes: 0 out of 0 total.
Review Date: 2008-04-02
Phil Jackson's depiction of his journey from childhood to professional basketball will be a delight even to the casual sports fan. Centered on his philosophy of unselfishness, Jackson successfully offers insight into the mindset of high stakes coaching enabling one to understand the progression of thought behind many of the tough decisions he made while winning Championships. Sacred Hoops will offer as a special bonus some insight into Michael Jordan's world from a perspective not offered by mainstream media.

I recommend this book to any casual sports fan and in particular to all basketball fans.

More than a game!
Helpful Votes: 0 out of 0 total.
Review Date: 2007-11-27
I am a big fan of Phil Jackson and his approach to the game of basketball. Sports for kids, is an introduction to life, and I really appreciate what Phil has to say. I have read this book numerous times and just now bought the audio book. If you are a coach of any sport, do yourself a favor and read this book!

Sacred books
Helpful Votes: 1 out of 1 total.
Review Date: 2008-03-16
Is this book a slam-dunk? It could be. I'm having a hard time rating this book 4 stars when it should have had 4.5 stars. This book could be rated more like Scottie Pippen than Michael Jordan to keep up with this book's terms.

The story about Phil Jackson and the Chicago Bulls is amazing. Any story written about it has the potential to reach Jordan heights. The story described by Phil Jackson makes it even more compelling.

Getting to know the insights about Jackson's training also gives insight about the man and his beliefs as Zen is unmistakenly connected to him. This is the only flaw within the book. Although he used it on his pupils and it worked on them, it does not always guarantee succes outside sports. Business is a different league.

If you're a sports lover just grab a copy of the book and read it. If you like to step up your own game DO try this at home, although success cannot be guaranteed.

Zen Master he is
Helpful Votes: 7 out of 7 total.
Review Date: 2008-04-11
Phil Jackson's philosophy on teamwork and leadership is based upon Native American and Buddhist principles. From his book these principles and spiritual lessons are brought to life and explained in a manner only a man like himself could do. He is trying to let people know lessons are taken from the lessons he has learned throughout his life as a basketball player and coach, but these lessons not only pertain to basketball, they can be used for anyone in order to increase the potential of the human spirit. Phil Jackson is a world-renowned player and coach of the NBA. He is now the coach of the Los Angeles Lakers and has won three NBA championships with them; however, he is most famous for leading the Chicago Bulls to 6 NBA championships with legendary players, such as, Michael Jordan, Scottie Pippen, John Paxson, and many others. He has adopted the teachings of Eastern philosophies, like Buddhism, and received the nickname the "Zen Master" because of it. Phil Jackson has not only written Sacred Hoops, but several other virtuous books. Other books include Maverick, Take It All, More Than a Game, and The Last Season: a Team in Search for Its Soul. Jackson's inspirational messages are powerful and thought provoking and make the reader experience a sense that they are able to incorporate these teachings into their everyday lives, even if they do not play or watch the game of basketball. The methods he uses, for example, meditation, mindfulness, and visualization, and also quotes used from Zen Buddhism to Native American teachings help provide a new or improved outlook on their lives and help make them, as well as other people around them, better people. As Phil Jackson says, "Being aware is more important than being smart." Whether or not you are an athlete, student or just someone looking for inspirational insight this book is a terrific read.

Trading
Devil Take the Hindmost: A History of Financial Speculation
Published in Paperback by Plume (2000-06-01)
Author: Edward Chancellor
List price: $16.00
New price: $9.00
Used price: $6.88
Collectible price: $16.00

Average review score:

Excellent Economic History
Helpful Votes: 0 out of 0 total.
Review Date: 2008-05-04
I first read "Devil Take the Hindmost" a year or so after it came out and enjoyed it at the time. Now, almost 10 years and two burst bubbles later--tech stocks and housing--I thought I would take a 2nd read of it. This is a very impressive book. Chancellor covers the psychology of speculative manias in a very informative and entertaining fashion. It is true that you need to know some economic theory and stock finance parlance to wade through the book, but the reward is well worth the effort.

What's telling about all of the manias that the author describes is how similar they are to each other. The puffing of tulips, railroads, gold mines, "new era" technology, new "fail-safe scientific" methods of investment, etc. all appear to have similar story lines. First, you have the smiling salesman with his most appealing script crafted to the product. The product is perhaps less relevant. If the product is legitimate, such as railroads, it will be oversold to the point of illegitimacy. If the product is illegitimate, such as salted gold mines, it will be sold as being legitimate. The customer, one of whom is reputed by P.T. Barnum to be born every minute, is the ever present object of the stockjobber's attention. The result is usually disaster for the poor customer--especially if he or she is on the hindmost end of these typically Ponzi style schemes.

Chancellor seems to have a rather wryly ironic, yet gentle, take on the victims of these schemes. Greed, fear, naivete, the psychology of the crowd, etc. all conspire to make the greatest fool out of the investor. Time and time again, reasonably intelligent and some less than intelligent investors get roped into these money making and bankrupting schemes. It says something for the timelessness of human nature and our complete inability to remember anything that history has taught us. John K. Gailbraith used to make the observation that recessions and depressions were necessary to remind people that there is a downside to the business cycle--lest we forget. The downside can be delayed or even moderated by intelligent regulation and fiscal/monetary policy--but never fully ended.

The author takes exception to the rational markets school of economics. The line of thought that markets are "all knowing" in terms of including the exact and correct pricing of financial instruments. Sometimes markets behave in thoroughly irrational and mad manners. Very much like people for some inexplicable reason. Also, sometimes markets are cornered or gamed by powerful players. Chancellor appears to put himself very much in the camp of Keynes in believing that there is a place for sane, well thought out, and sensible government regulation. However, he doesn't appear to think that wild and excessive speculation can ever be fully suppressed and controlled. Rather, the best that can be hoped for is to curb the worst abuses by creating lawful financial markets with appropriate consequences for those who perpetuate such frauds.

Hopefully, this book has found its way into some college courses. Highly recommended for any investor. It may save you a great deal of money and grief. At the very least, it will give a very entertaining and informative view of past financial follies and a warning about the inevitable ones that will come....

Devil take the Hindmost: a history of financial speculation
Helpful Votes: 0 out of 1 total.
Review Date: 2007-05-30
nothing better to understand greed, manias and self destructive behavior driven by speculative sentiments and moves by iundividuals and society.

It's been the same for hundreds of years
Helpful Votes: 1 out of 1 total.
Review Date: 2007-12-07
After reading this book, I believe all markets, investment schemes etc, are just reflection of crowd behavior and demonstrate group think syndrome. Valuation of assets is controlled not by scarcity of the assets but by how people think these assets are worth and by people who make people think how much the assets are worth. It's been the same for hundreds of years. Subprime for example, highly risky type of loans, securitized and transferred into bonds and rated as investment grade. it is said the risk has been understood, transferred and distributed. and people believed it and bought it. People made people believe in it and made money out of it. isnt it the same case as South Sea bubble and all other cases explained in the book?

Bubbles bubbles!
Helpful Votes: 1 out of 1 total.
Review Date: 2007-11-16
Great book in history of Economic manias. like the Tulip mania in, where Tulips were worth more then gold and a home, lol! a great book on historic bubbles! just like the housing bubble going on now!

Please - No More Footnotes
Helpful Votes: 8 out of 13 total.
Review Date: 2007-09-04
I'm fairly shocked by the extensive number of 5 star ratings for this book. This book is quite painful to read, but not because the stories are tragic or the warnings frightening. Though the messages contained within are important, the author rambles incoherently and the extensive use of footnotes is overly distracting. The footnotes for many pages are longer than the primary text and should have been incorporated into the main story line. Chancellor is in need of an editor with an iron fist toward readability.

Trading
Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics)
Published in Paperback by Wiley (2003-09-04)
Author: Philip A. Fisher
List price: $19.95
New price: $10.70
Used price: $12.05
Collectible price: $129.88

Average review score:

A disappointment to say the least
Helpful Votes: 0 out of 0 total.
Review Date: 2008-07-30
I had read other reviews of this book that gave it high marks. I have no idea why. The book is nothing but generalities or suggestions the average investor can not use. For example, his point 10 in evaluating a company is: How good are the company's cost analysis and accounting controls? Then he goes on to say that the average investor has no idea. Brilliant! If you want to read a good book, get "The Intelligent Investor" by Benjemin Graham instead. Leave this one on the shelf.

The Bible of Growth Investing
Helpful Votes: 1 out of 1 total.
Review Date: 2008-01-08
This book is a timeless classic on growth investment principles and research. Some reviewers have implied that Fisher's painstaking research is not practical and doesn't apply today. Beware, because if you are like Philip Fisher and you don't like diversification, the lack of research can be deadly to your investments! As he plainly states in the book, if you are not going to do the research, you should still learn what it entails so you can hire someone who can do the proper research for you.

Excellent book...
Helpful Votes: 1 out of 1 total.
Review Date: 2007-12-18
This book has much more than the original "common stocks and uncommon profits". It's a nice collection of some of Fisher's greatest works. Just wish there was a hardcover version.

Absolutely "boring"
Helpful Votes: 2 out of 2 total.
Review Date: 2008-05-12
I bought this book on the belief it could be helpful since it is widely acclaimed, but I discovered that is far from being an "investor's bible"

First. It spend too many pages (about 30 or more) in "Family stories and affairs" that is a pure "torture" and absolutely useless to the reader eager to learn about investement strategies...This could be good maybe on a Fisher Bio book, but not here...I bet that while you are reading this part you will end up doing exactly like me...just skipping many of those pages.
Then...The book lost itself on many "stories" about many companies and the market in general without any useful insights or which analytical/dynamical approaches were followed.
I think it deserves 2 stars for the effort, but nothing more...

To me, was absolutely boring. Maybe I didn't understand the book "purpose", I don't know...But while reading, I started to get bored and skipped many pages...Finally, I just quit reading it before finishing...Got nothing from it.
I don't really know why this book is so acclaimed...And I'm wondering why Buffett says that He's a Fisher follower after reading this book...What He could have learned from this reading?
Maybe to buy and hold a good stock over the years? I believe this kind of investing style requires any book to learn but just patience and following fashions and trends, like those who bought Apple Computer stock when the iPod frenzy was launched; by just being patient any investor would have made 5 times his/her money in these last years, The same is true for Research In Motion and many more companies that are living a great momentum in their products today.
But it's just a matter of following the fashions of "hot" products rather than any sort of stock market skill and this could be really dangerous. Think of investors that today are buying like nuts solar tech stocks.

In my opinion...The Intelligent Investor by Ben Graham is the world's best book on investing and a light-year far a better book than this one.


Boring and uninspiring
Helpful Votes: 4 out of 4 total.
Review Date: 2008-02-29
As a Warren Buffett fan, I finally got to reading this book which is highly recommended by him. Buffett, it is said, is 85% Ben Graham and 15% Philip Fisher - whatever that means. I think that is a nice slogan but Buffett is really 100% Buffett. Unlike Graham and Fisher, Buffett is more than a money manager. Buffett has an incredible ability to buy entire companies with their management included.

I wanted to like Fisher's book, but I found it so boring that I quit after about 100 pages. Normally I don't write reviews for books that I quit (after all it is possible that I did not give the book a fair chance), but I figured if I read more than a third of a book I should be allowed to critique it and hopefully help future readers. I hope this review helps you.

Fisher guides us through 15 points to study before buying stock in a company. His points are certainly valid but they are too academic. Furthermore he does not guide the reader as to how to go about really acquiring the necessary knowledge. He dedicates three pages to "scuttlebutt" which is supposed to help us learn how to go about acquiring the necessary information. His writing style is very dull. I can read a dull book if it teaches me stuff but I did not find this book educational. The book is a better fit for management consultants who have to make fancy presentations to their clients than to investors. Fisher advocates buying growth stocks with certain characteristics, but there is no discussion on the price the investor has to pay for the growth. You can buy an outstanding company but if you overpay for it then it is a lousy investment. If you invested in Microsoft, a well managed company that is almost a monopoly in 1999, your returns would not be that impressive today. In the past 9 years nothing particularly went wrong with Microsoft - it is just that the price was too high in 1999.

If you are still considering purchasing this book, I recommend scanning the chapter on the "15 points". If it clicks then maybe it is the right book for you.

Trading
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing, Ninth Edition
Published in Paperback by W. W. Norton (2007-12-24)
Author: Burton G. Malkiel
List price: $18.95
New price: $11.03
Used price: $11.21

Average review score:

An interesting random walk...
Helpful Votes: 0 out of 1 total.
Review Date: 2008-08-11
This book helps to understand how the shares market works and its history.

I think it may interest all people who wants to improve his knowleadge in

investing.

Best book to learn how markets work and act.
Helpful Votes: 0 out of 0 total.
Review Date: 2008-07-21
This is great to have in your library to know the intimate working of the various markets and how they came to be. You can't invest in something wisely without knowing how it works!

A convincingly definitive treatise on a hotly debated topic.
Helpful Votes: 0 out of 0 total.
Review Date: 2008-07-03
This book lives up to its classic billing by delivering a rich array of data to support the authors arguments in an engrossing and entertaining style. The importance of really understanding the relevance of randomness to market action cannot be overemphasized. I truly appreciate the clarity and simplicity that this book has brought to my investing efforts.

Kindle edition is quite poor
Helpful Votes: 1 out of 1 total.
Review Date: 2008-08-01
The book is otherwise fabulous, but you should steer clear of the Kindle version. The Kindle handles charts poorly, and this book has a lot of them. Some are manageable, but many others contain small text that is so blurry that it might as well be written in Arabic. Quite honestly, it is not entirely clear to me how Amazon gets away with selling this item. The Kindle is great, but Amazon absolutely should not sell books that cannot actually be read on it.

Should Have Listened
Helpful Votes: 1 out of 1 total.
Review Date: 2008-07-04
Fantastic Book - full of common sense and ultmate truths. Read it in October 2007 when it was screaming at me "the market is in a bubble, get out!!" - unfortunately I listened but didnt act. Great book

Trading
Technical Analysis of Stock Trends
Published in Hardcover by AMACOM (2007-04-11)
Authors: Robert D. Edwards, John Magee, and W.H.C. Bassetti
List price: $99.95
New price: $61.77
Used price: $52.00

Average review score:

Any Alternatives to this Book?
Helpful Votes: 0 out of 0 total.
Review Date: 2008-09-04
This book has substance. It's certainly no easy-read. Compound
and long sentences tend to be used. I'm not really surprised
since this is a book written about 60 years ago.

On page 28 (Dow Theory in Practice), "Divergences sometimes occur
at Reversals in the Major Trend - there have been several instances in
market history, in which, perhaps, the most remarkable occurred way
back in 1901 and 1902, and we shall soon inspect another - but they
also occur with equal with equal frequency at times when no Major
Reversal is developing, and the instance we are discussing here was one
of the latter." can simply be re-phrased as:

"50% of the time, divergences of Averages do not result in market
tops or bottoms."

The style of language is old. This book need not be buried. It only
needs to be revised into an easy-read edition. The King James
Version and the New International Version of the Bible both convey
the same ideas. One can reach heaven with either version. The
only difference is that one is harder to read and the other is easier
to read.

Because this book is a requirement for some examinations, can
anybody tell me where can one find the substance in the book but
learn them in a simpler and modern method?

I would appreciate it.

From the Stock Traders Headquarters library:
Helpful Votes: 0 out of 1 total.
Review Date: 2008-05-03
For 50 years, this classic has remained the bible on technical analysis. It explains every aspect of charting from basic principles to advanced trading techniques. I love this book.

David Colletti
Founder
StockTradersHQ.com

Edwards and Magee - A classic text for the professional and novice trader alike
Helpful Votes: 1 out of 1 total.
Review Date: 2008-03-10
This book has transformed the way that I think about markets more than any other. There are so many nuggets buried in this book, I read it twice and I'm currently working through some sections for a third time. The basic premise of the book is that human behavior never changes and can be discerned through careful analysis of the tape. After trading billions of dollars in energy commodities I can honestly say that I have found premise of the book to be absolutely true! For those of you in the San Francisco Bay Area, I encourage you to consider taking the summer class at Golden Gate University taught by Mr. Bassetti, which teaches students how to build trading systems around the concepts presented by Edwards and Magee.

dont waste your money
Helpful Votes: 2 out of 6 total.
Review Date: 2008-05-06
This book seems to have the same format since edition 1. The charts seem to be hand drawn and the book is not reader friendly.

Considering all the available software that is easily available, they should have used current style color charts generated by modern software.

The Classic Text on Chart Reading
Helpful Votes: 2 out of 2 total.
Review Date: 2008-02-09
Triangles. Gaps. Reversals.

Do these terms sound interesting to you? Might these be secrets to surefire trading profits? Not really. These are just some of the chart phenomena found in the theory of technical analysis. If you find you have a hard time making money short-term trading using fundamental analysis, there's a good reason - by the time you take your position the fundamental information has already been priced in. So give technical analysis a try instead.

This book, originally published in 1948, is absolutely one of the classics on technical trading (i.e., using price action, volume and time). The authors of this book claim that all a trader really needs to know is found in the charts. Fundamentals can be tossed aside. You just need to know how to interpret what the chart is saying and then act by taking a position. Of course, this means putting your capital at risk based on your chart reading.

But does this approach work? This will depend on the individual's actions. For example, you and I can trade the same stock for 3 years applying technical analysis but the end result can very well be that one of us ends up with a big profit and the other a big loss. The reason is due to the following factors: which patterns to take and which to skip, the spot where you get into a position, how far to let a position move against you, and where to take a profit. And let us not forget the very important variable - the size of the positions. All these factors will combine to produce our final results. There are no hard and fast rules here.

Unless you are a novice, you probably know that there are no guarantees in the trading game. And chart formations are NOT infallible. All the stuff taught in this book will short circuit one time or another causing a loss. You could even fall into a nasty losing streak. Ouch.

No matter what method you use, active trading is always risky. Remember it's very difficult to lose money when you hold a position in the Dow for 30 years; it's much easier to lose money by holding the position for 30 days. This book is one of the very best places to learn the theory of technical analysis of charts. I recommend going with the 4th or 5th edition, that is all you really need to capture the essence of the material, plus, you'll save yourself a few bucks.

Trading
The Data Warehouse Lifecycle Toolkit : Expert Methods for Designing, Developing, and Deploying Data Warehouses
Published in Paperback by Wiley (1998-08-13)
Authors: Ralph Kimball, Laura Reeves, Margy Ross, and Warren Thornthwaite
List price: $70.00
New price: $3.19
Used price: $2.45

Average review score:

DO NOT BUY FROM THIS SELLER
Helpful Votes: 0 out of 0 total.
Review Date: 2008-03-03
I got the book in very bad shape. I was promised that the book is like new. When I got it, the back cover page was half ripped. The book has lot of spots. Seller is not even responding to my emails.

From a newbie ...
Helpful Votes: 0 out of 0 total.
Review Date: 2007-06-28
I just used this for a class and I thought it was a good book. I'm a data warehouse newbie and it was easy to understand and presented a lot of information that was very useful. I think it will be a good reference down the road.

The Data Warehouse Lifecycle Toolkit
Helpful Votes: 0 out of 2 total.
Review Date: 2006-03-10
The bible of Data Warehousing by the guru of the Data Warehouse for all levels of expertise.

Very difficult to read
Helpful Votes: 1 out of 1 total.
Review Date: 2007-05-07
I find this book very difficult to read and understand. It tells you a great deal about what you're supposed to do to build a warehouse but does not tell you how to do it.

Excelent but to many repeatings...
Helpful Votes: 1 out of 1 total.
Review Date: 2007-01-09
Excelent book for introduction to data warehouse architecture. However author makes a lot of repeating about conformed dimensions and conformed facts. This book could be half sized without these. Yet, I am very happy to own it. Recommended for every developer.

Trading
Entries & Exits: Visits to 16 Trading Rooms (Wiley Trading)
Published in Hardcover by Wiley (2006-04-28)
Author: Alexander Elder
List price: $95.00
New price: $45.42
Used price: $45.50

Average review score:

Another valuable book from Dr. Elder
Helpful Votes: 1 out of 2 total.
Review Date: 2008-08-06
Let me start off by saying this book wont help you very much until you read Dr. Elders other book "Trading for a Living." In "Trading for a Living" he lays out the ground work and teaches you all the general "book smart" knowledge. "Entries and Exits" helps apply some of those concepts by walking through various trades with different types of traders from all over the world to help you learn how to think for yourself.

I found the book very interesting. I didn't learn as much raw skill as I did in "Trading for a Living" but it made me think more and exposed me to different trading styles. It also helps to see what professional traders do wrong and learn from it. Elder does a great job of staying consistent with his trading methods and has developed a straight forward trading strategy. He did a great job covering the realm of different types of traders and techniques. The book is well made consisting of glossy color photos and is neatly laid out.

PROS: Detailed explanations, great examples, stresses risk management, and helps the reader develop decision making skills.

CONS: Sometimes the charts become confusing or are hard to understand when they change time frames. Also all of his explanations use his Impulse system and Force Index. The Impulse System and Force Index are great systems but unless you have them and are planning to trade with them they are sort of useless. The price of the book is also high but the information in the book really has the potential to make or save you money, so just bite the bullet and buy it.

Overall it's a great book. Don't buy it unless you have read "Trading for a Living." He is a great author and has really has done a great job writing books that allow traders of all levels to improve their skills.

Some good information, but borderline informercial
Helpful Votes: 1 out of 1 total.
Review Date: 2008-07-13
Dr Elder's book takes you through 16 different trading styles, giving you two examples of actual trades for each. You'll meet the trader (Elder's students and peers) and read the set up and entry point. You'll then be asked whether you think the trade will win or lose.
After seeing the result, Elder gives his analysis of the enery and exit.

It was enjoyable to challenge my skills deciding why a trade will go good or bad. And like a lot of other trading books, I drew nuggets of knowledge I continue to use today. This in itself was worth the price of the book.

While readers may good gain insight from both the trader's and Elder's thought processes, the book is based on Elder's Impulse System; software available for purchase through his website.

I'm a fan of Elder's work and have learned quite a bit the classic, "Trading for a Living". However, I don't care much for books that serve to push more products rather than sell itself on it's own merits. Hence the 3 star rating.

Crisp & Clear Writing.
Helpful Votes: 1 out of 1 total.
Review Date: 2008-03-23
I have read Elders first two books and put off buying this one for a while. I finally picked it up last week and I must say that it is excellent. The writing and charts offer a very clear perspective on different stock trading techniques. Each technique is these reviewed by Elder and his rules. I enjoy very much sitting down for an hour and studying a chapter which consists of a different traders techniques. I always pickup a valuable piece of insite as well as reinforce the ideas from his other books. This is a very good book which I highly recommend.

One of the best for traders
Helpful Votes: 1 out of 1 total.
Review Date: 2008-03-08
This book and a book by John Carter, Mastering the Trade, are two of the very best on trading information. Very highly recommended. I own about 50 books on Option trading, Forex, chart analysis, stock trading, day trading, swing trading, you name it. This book and Carter's book easily could have replaced 40 of the 50 books I bought previously.

Case studies
Helpful Votes: 9 out of 9 total.
Review Date: 2007-12-13
I recommend this book not for the trading methods you will find it in (because I don't recommend using these methods at face value to trade), but in order to see how different people trade, and in particular the contrast between amateurs and experts. There are several amateurs, they tend to use a lot of technical methods and over rationalize their entries and exits. The professionals may not have better methods, but they are less fooled by the accuracy of the method. If this book is a good sampling of the trading population, then it would seem most traders, or at least beginners, fail to appreciate the unpredictability of the price action of markets. When they make a losing trade, rather than simply recognizing the probability of entering into losing trades at any given time, they rationalize it by saying they didn't "follow their method" or some such. Likewise, when completing a winning trade, they tend to give credit to their method, rather than recognizing that it was probably pure chance. As someone who trades by scalping, I was rather intrigued by the account of the gentlemen who developed a simple formula to trade against the public from the dealing desk. I'm curious about the success rate of this strategy. Alas it does not seem to be available. On a final note, Alexander Elder is a good writer, honest, clear and descriptive. In this book and others, he does a good job of describing technical analysis and other methods. My word of caution, especially to beginners, would be that there is a high failure rate of any method, including those described in this book. You must recognize that as the simple and unchanging truth and develop a strategy that deals with it.

Trading
Profitable Candlestick Trading: Pinpointing Market Opportunities to Maximize Profits
Published in Hardcover by Wiley (2001-12-21)
Author: Stephen W. Bigalow
List price: $90.00
New price: $49.14
Used price: $46.98

Average review score:

Too many typos create much confusion...
Helpful Votes: 0 out of 0 total.
Review Date: 2008-09-03
Too many typos in this book. Book refers to bulls when it means bears making some sections a confusing mess. At this price the book should've been carefully proof-read before release. I'm returning the book to Amazon tomorrow.

Profitable Candlestick Trading
Helpful Votes: 0 out of 0 total.
Review Date: 2008-06-04
This is a great book for beginners and the more experienced alike. An excellent reference manual to have on the bookshelf. It's the sort of book you dip into for info and not the type you would read from cover to cover. Also, it explains matters in an easy to digest format. With so many books available on the subject, I think this book is a good investment.

Great Information But.......
Helpful Votes: 13 out of 13 total.
Review Date: 2007-08-17
I'm very pleased with the information contained in the book. However, most of the information contained in the book can be found on the authors website for free. Just google Stephen Bigalow and check it out for yourself, lots of info in the forum at that site as well. I read some other reviews (at another site) that recommended his second book over this one as the basics can be found at his website (and several others) and you can get more into the theory in the other book. With that said I still recommend it and would say its a 5 star rating based on the information. I use it every night while doing my research for the next trading day. Anyway, just something to know. Seems most days you can find just about anything on the net if you look hard enough. May all your days be bullish kickers!

Make Money Now
Helpful Votes: 2 out of 2 total.
Review Date: 2007-12-06
I was doing poorly in the stock market. I read this book and I started to see success. Candlestick signals are a wonderful way to do technical analysis. I wish this book would have crossed my path sooner. Steve makes this book easy to understand and follow. Learn how and when to enter and exit stocks. Also learn how to manage you money for sucess.

Excellent CandleStick Trading Book
Helpful Votes: 4 out of 5 total.
Review Date: 2007-05-05
I am a beginner Commodities/Futures Trader, and am in the process of learning everything I can about all the various trading tools and charting methods. My expectations after having read a lot of books now, is that the book should contain a focused look at the 'topic' followed by primary, secondary and tertiary examples of how the methodology of the subject can work effectively AND when it doesnt work well. Stephen Bigalow did an excellent job. The only weakness? The vast amount of analysis provided was for Stock Traders, even though the CandleStick methodology was invented for commodities/futures trading. There is a 3 page section that covered how effective the Candlestick charting method is for commodities trading, but in those 3 pages, he basically says that Candlesticks were invented for Commodities Trading and all the examples that are in the book apply BETTER for commodites as the underlying factors of price in Commodities are not as variant as they are with stocks. Bingo. So why all the analysis based on Stock Trading? I guess he had to play to the larger market of buyers. Anyway, he covers every kind of pattern, and his explanations are clear, succinct, and understandable. I highly recommend this book if you want to understand CandleStick's.

Trading
The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities, 2nd Edition
Published in Paperback by Wharton School Publishing (2007-08-03)
Author: Bernard Baumohl
List price: $18.99
New price: $12.26
Used price: $11.29

Average review score:

How And Why The Markets Move
Helpful Votes: 0 out of 0 total.
Review Date: 2008-07-19
Secrets of Economic Indicators is an excellent book on what drives and affects the economy and the markets. From inflation,consumer spending,unemployment,housing, to the Federal Reserve. Each section explains market sensitivity and why. Would not recommend this book for market-timing necessarily but to understand why the markets go up and down. The last 2 chapter have websites for U.S. and International Economic Indicators for further information. Well done.

Great guide to economic indicators
Helpful Votes: 0 out of 0 total.
Review Date: 2008-06-05
This is an esaly introduction to economic indicators, mainly the american ones. It contains some interesting tips about indicators, like "thumb rules" in some cases. It briefly introduces each of the most important indicators to the US economy (as well to other major economies) and it's effects on the markets. Those interested in detailed information of some indicator will need to go deeper looking for it's original sources.

Excellent book
Helpful Votes: 0 out of 0 total.
Review Date: 2008-06-01
Very good book to get an idea about all the economic indicators that can make or break the economy.

Excellent Reference on Economic Indicators
Helpful Votes: 0 out of 0 total.
Review Date: 2008-05-19
This book does a great job of explaining a long list of macro-economic indicators, their application and relative predictive importance. Highly recommended for those who want to understand how economists measure and attempt to forecast the direction of economies around the world.

First Class Economic Resource
Helpful Votes: 0 out of 0 total.
Review Date: 2008-05-19
If you're an inspiring investor or seasoned pro; a corporate executive or fresh out of school Mr. Baumohl's "The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities" holds a wealth of information to assist in making good economic decisions.

The book's structure begins with two chapters that provides the reader with a good introduction on how economic indicators help explain the workings of the world economy. Next the various indicators are organized by categories that allows to reader to find the exact information he or she needs. Also, Mr. Baumohl's writing style is accessible to readers without formal economic training.


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