Trading Books


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

Trading
FutureShop : How the New Auction Culture Will Revolutionize the Way We Buy, Sell, and Get theThings We Really Want
Published in Hardcover by Amazon Remainders Account (2006-01-19)
Author: Daniel Nissanoff
List price: $24.95
New price: $2.65
Used price: $2.65

Average review score:

Auction Anyone?
Helpful Votes: 0 out of 3 total.
Review Date: 2006-06-22
Nissanoff shows the reader how the future will most likely be from electronics to despoable goods. No longer will people just through out thier old products-rather create a new source of income. Not just for the individual but for the corp. world as well.

a must read for every human being on the planet
Helpful Votes: 1 out of 1 total.
Review Date: 2007-11-28
I have to admit this book was first introduced to me by the author's brother and not only did I fall in love with Dan's message in FutureShop. I begged and begged his brother to connect me to Dan and begged a little more for Mr. Nissinoff to write the foreward for my own book Closet Control-Sterling Press. I just have to say that Future Shop is beyond well written and is really the direction in which our consumptive culture can keep on consuming with the help of FutureShop. Gone are the days of owning your washer and dryer for the rest of your life. Technology moves just as fast as fashion and the depreciation rate is staggering for last years gadget. So don't fret, if you want the latest Iphone, then feel the freedom to sell it while in top condition and recoup the depreciated money into the I gotta have it now latest and greatest. Futureshop is the guilt free way to lease and never own the product you bought. There is another buyer in the secondary market eager and waiting for your cast-offs. Dan, Thank you for Futureshop and thank you for allowing me to beg and beg just enough to grace my book with your inspired intellect.

Great Book
Helpful Votes: 1 out of 2 total.
Review Date: 2007-01-20
Great book , passed it on to another seller. Its ok to buy stuff and when tired of it put i on ebay. Lots of good ideas

Should have been good, had it not been so self-serving
Helpful Votes: 2 out of 3 total.
Review Date: 2007-03-13
I'm really disappointed in this book. The overall premise was a solid one, that if you can buy (say) a DVD for $12, watch it, then resell it on eBay for $5, it really only costy ou $7. The author goes into some of the history and theory of secondary markets, why they work, and why they are important.

Unfortunately, I just gave you the whole book. He repeats the above 3-5 times a chapter for 10 chapters, and weaves in commercials for his own, drop-shipping company, claiming that only fools or hobbyists would consider selling things on eBay themselves. I wish this book had been worth the time or money it took to read it, as the topic is a fascinating one, but instead I feel like I was duped into reading a barely disguised brochure for the author's company. I cannot recommend anything about this book.

Drop off Shops: Great idea if managed properly
Helpful Votes: 3 out of 4 total.
Review Date: 2006-05-23
The book makes a strong case for eBay drop off stores. I currently have one and constantly need to watch what we sell. There is money to be made if the items sold are the right ones, otherwise, you can fail quickly. Overhead can eat you alive if you don't watch your business closely. Nissanoff makes a strong case and I agree, they are great for the masses who don't want to sell on eBay, or don't know how, or are too busy or just get tired of storing boxes and shipping material at home. Selling on EBay is not hard, just cumbersome and time consuming. Drop off stores are one solution that makes sense. The book has a few new ideas and makes for easy reading.

Trading
I Can Draw Animals (Usborne Playtime Series)
Published in Paperback by Educational Development Corporation (1998-01)
Author: Ray Gibson
List price: $4.99
New price: $1.89
Used price: $0.81

Average review score:

this is GREAT for children!
Helpful Votes: 0 out of 0 total.
Review Date: 2008-05-18
I love to brag about my daughter's talents but have to admit drawing is not one of them! My five year old daughter would not complete some work in school that had to do with drawing. One time she even broke down crying in school when asked to draw a book so I knew I needed something to help her. This book is great! Very basic. Makes it so easy to learn! I showed my daughter the book and said `Follow the steps and draw the cat' She drew the cat and started laughing! She was so happy she could draw and it was so easy, no frustrations! I love it so much I bought more of these books! So if your child has lots of trouble drawing you should really try this book!

simple instruction great results
Helpful Votes: 0 out of 0 total.
Review Date: 2008-05-13
From the day my 5 year old daughter got hold of this book and "I can draw people" she is stuck with these. She completed 4 drawings at one sitting and always wants to do more. The best part is the simple visual instruction that shows the way without any adult supervision. Great book!

very basic
Helpful Votes: 0 out of 0 total.
Review Date: 2008-04-28
This book is not bad, but it's very basic. My child already can draw most of what is in it. But for preschool or kindergarten kids, it might come in handy. Or for elementary teachers who have kids that hate drawing pictures because they think it's too hard or they don't know how. It gives some nice step by step instructions, but doesn't give a whole lot of variety.

All in all, not bad for those kids who are not up to drawing anything yet. But if your child can draw a cat and fish and such, this book might be too easy and useless for them.

Easy to follow for children
Helpful Votes: 0 out of 0 total.
Review Date: 2008-01-18
This is a fun book to keep the kids busy and have fun with them. It has easy steps to follow and the kids learned a lot about circles and shapes, and coloring.

Great book!
Helpful Votes: 0 out of 0 total.
Review Date: 2008-01-12
Hours and hours of fun! My 4 year old daughter and my 4 year old nephew received these for Christmas. They both use these books for hours and we also do it as a family. These (I Can Draw Animals, I Can Draw People, What Shall I Draw Today) are the only ones we have so far, but they are super. Not only are these books teaching my little girl how to draw, but reinforcing time alone drawing, group activity, sharing and "Please pass the yellow", etc... Every child should have these books.

Trading
A Practical Handbook for the Actor
Published in Paperback by Vintage (1986-04-12)
Authors: Melissa Bruder, Lee Michael Cohn, Madeleine Olnek, Nathaniel Pollack, Robert Previtio, and Scott Zigler
List price: $11.00
New price: $2.99
Used price: $1.50
Collectible price: $11.00

Average review score:

I had my doubts about the study of acting...
Helpful Votes: 0 out of 0 total.
Review Date: 2008-04-06
...until a grad-student friend of mine required this textbook for a class he was teaching. I later learned he was going against the grain by doing so; university education in acting frequently concentrates on the emotional state of the actor, and this book punctures that paradigm like a shiny pin. A Practical Handbook for the Actor, written by pupils of acting workshops run by David Mamet and William H. Macy, puts forth the idea that the actor's emotional state is pretty much irrelevant, if it doesn't translate into actions that communicate something to the audience.

This book utterly demystifies the process of how an actor creates a powerful performance. It answers every "yes, but how?" question actors in training -- and interested fans -- should have about how acting really works.

There's nothing pedestrian or insulting about pulling back the curtain and providing specific, detailed instruction. There's nothing limiting or proscriptive about this method -- because it gives the actor two kinds of tools. The Handbook provides a framework for delving into the intellectual side of script analysis, so that the actor can really understand what's going on, boil it down to essentials, and avoid all the traps of poorly-defined emotionalism.

From there, it is completely up to the actor to translate that understanding into specific, personally meaningful, play-able actions. Which are, after all, what a performance is made out of. It's not that imagination or emotion aren't important, it's just that they are the actor's tools just like her voice or posture, and deserve the same kind of forethought and attention.

There will therefore be as many different ways to play a scene as there are different actors. It's just that by paying attention to what's going on, both in the script and on the stage at this exact moment, the actor has a clearer and more direct way to do what they mean -- without having to go through the mental and emotional gymnastics required to try to mean what the script says they have to do. As the authors point out, a system that doesn't work when you're tired, when you have a cold, or when your mom is in the audience is a pretty lousy system. So why do we spend so much time trying to work ourselves up into a particular state?

There's a famous story about Dustin Hoffman and Sir Laurence Olivier, on the set of "Marathon Man" in the mid-1970s. It's one of those stories that isn't actually true, but is so instructive that it should be. They're about to film the scene where Hoffman's character confronts Olivier's, after an intense period of cat-and-mouse. Because his character hasn't slept all night, Hoffman stayed up all night, and jogged around the studio lot so he'd be appropriately sweaty and worn-down for the scene.

The story claims that as the director called "places," Olivier set down his newspaper, got up out of his chair, and was startled to see the dismal state of his co-star. "My dear boy," he said, shaking his head, "you really should try ACTING."

This book is very much more the kind of acting Sir Laurence was talking about, and not the kind that makes an actor exhausted and neurotic. I can't recommend it highly enough, both for those studying acting and those who are just fans of the process.

Good advice
Helpful Votes: 0 out of 0 total.
Review Date: 2008-01-07
Bought this to aid in developing better performances as a magician. Lots of helpful advice in this book. Recommended.

Very Useful
Helpful Votes: 0 out of 2 total.
Review Date: 2007-06-13
This is a very useful guide to teaching theatre. I will be using it a lot in my classroom.

bravo!
Helpful Votes: 4 out of 4 total.
Review Date: 2007-04-03
I studied for a couple of years at the Atlantic Theatre in NYC which David Mamet and William H Macy founded...they teach exclusively the principles in this book..the title says it all.."Practical"..as far as analyzing a script, breaking it down and coming up with acting impetus this book will free you from all that crap you've been taught and give you basic, workable tools to act..especially in auditions where you might be given a script and then 5 minutes later be asked to do it..once I got a grasp of the practical techniques I found my audition success rate soar..I still incorporate these techniques in every audition...the method and all that other acting stuff you'll learn like smelling the coffe and being a leave floating off a tree, well, that's nice but an actors basic tools never change, knowing your lines and analyzing the script, knowing what's going on in the scene and what you want in the scene..this book give you the tools to do just that...highly recommended!

Exciting Choices for the Actor
Helpful Votes: 5 out of 6 total.
Review Date: 2007-10-18
I used this book to teach a beginning acting class at our community college. It is an excellent introduction to the craft. The book gives clear examples of selecting an action that create clear and exciting choices for the actor. Rather than focusing on emotional states such as "you're angry or you're happy," the text shows how to allow emotional truth to come from the moment while focusing on what the character is doing. The examples in the book are practical and relate well to the craft. I particularly appreciated that an action should have a test in the other character. So rather that an character delivering a letter with an action "to deliver" that is over without fanfare, a more exciting action would be "to please my boss so I'll get a promotion." The character still delivers a letter, but with a more dynamic action that is interesting to watch. The book is short. I covered the material in our film acting and stage acting units in about eight classes. It's short, sweet & to the point. I recommend it as a great review for experienced actors and as a wonderful introduction to beginning actors. Enjoy!

Trading
Present Value: A Novel
Published in Kindle Edition by Random House Trade Paperbacks (2004-09-14)
Author: Sabin Willett
List price: $9.95
New price: $7.96

Average review score:

Great, fun, well-written book, but I agree, the ending is Atrocious!
Helpful Votes: 0 out of 0 total.
Review Date: 2006-11-24
It is amazing to me that Sabin Willett could write such a good book and then tack on such a dumb, sappy, irritating ending. Why did he do it? Usually, I feel a book is ruined if the ending is bad, but this book worked anyway. I just ignored the silly ending and let the rest of the book stand on its own. Maybe I shouldn't have been surprised since the ending does confirm what I felt was Fritz's, (the main character), biggest flaw. A little implausible that he should be so strong and independent except when it comes to his selfish and highly annoying family, especially his wife, his big weakness. I enjoyed this book enough, though, to try some of his others.

Well Worth The Price
Helpful Votes: 1 out of 3 total.
Review Date: 2006-04-08
This is an excellent book that captures perfectly its place and time. But the ending is atrocious. Doestoyevski was wrong: suffering does not make you a better person. The acts that kill your soul do just that: kill your soul. A better ending would have been a prison sentence commiserate with the guidelines (7 years, 7.5 years); the wife running away with the senior partner or some other wealth alpha-male; and the son becoming the coke addicted, stripper dating lawyer you know he will become.

Of course, the author is right when he suggests we all should be bankruptcy lawyers.

present value
Helpful Votes: 2 out of 2 total.
Review Date: 2005-10-14
I purchased this book because I thought it would be in the same satirical vein as Tom Wolfe, however it isn't. It is a relevant story about white collar crime,with an interesting twist to it at the end of the book. This twist also happens to be a 'present value'. I enjoyed the book, especially when I got to the end and the story suddenly came together.The middle got a little bogged down trying to explain the nature of this crime, and for one who isn't in the finacial world it can be a bit tedious, and not important to the enjoyment of the story. It is a good read by itself without understanding all the technical details of the stock market. Honestly? I couldn't put it down.Its good food for thought for all of us who struggle with todays present values.

Decent Wolfe imitation
Helpful Votes: 3 out of 4 total.
Review Date: 2005-04-13
Tom Wolfe can't end a book either, but he makes up for it by giving us complex characters drawn from painstaking research. Willett catches the rhythms of Wolfe's dialogue, but never creates anything meaningful, or even comprehensible, out of it. The first half of the book is riveting [if you can forgive being jolted out of it by his factual and research errors -- if you are going to mock SUV's by engine size, don't create a Yukon with a 2500 CC engine] but the second half of the book falls apart as the characters don't develop. He then relies on unlikely coincidences and far-fetched occurences to move the plot to a hectic conclusion. Could have been a decent book.

funny and courageous
Helpful Votes: 5 out of 5 total.
Review Date: 2005-05-27
The opening scene in this book is deliciously funny; beware if you've ever lost your temper at your kid or had to wait in a car-queue at school or the day-care center. And there is plenty of wit elsewhere too in this wonderful satire of the blackberry set. Worth taking some time off from your email to read! But Willett is not afraid to be sentimental either, which is why some readers may be disappointed by the ending. I wasn't. This is a funny book, but it has a secret at its center: a heart. In the end it is about making up not breaking up, and I respect it for that. Also, unputdownable.

Trading
Traders, Guns & Money: Knowns and unknowns in the dazzling world of derivatives
Published in Paperback by FT Press (2006-05-15)
Author: Satyajit Das
List price: $29.99
New price: $18.19
Used price: $17.00

Average review score:

A must for anyone with money that you may know what the teller in your local bank is selling you
Helpful Votes: 0 out of 0 total.
Review Date: 2008-07-02
I had very high expectation of it because of Frank Partnoy's praise in the back cover. Partnoy's Fiasco "was" the most interesting read of this topic, about how derivatives traders and salesmen reap the face off their customers. I love it so much that I search on Google in order to have a look of the Indian author and to know him more, which I found on the Publisher's site an interview with the author and his photo. Below please find some shortcut for your reference. Hope you like them.

"It's not a technical book. It is part thriller, part expose. It a fun read but it teaches you something about the business. It will show how these markets work. It's also satiric, irreverent and black in its humour...It is a collection of lots of stories. Here's a few:

Story 2

Around 1999, I met an ERM (Enterprise Risk Management) advocate,. Dudley , the head of risk for an investment bank. He wanted to meet me. I had no idea why. I soon discovered that Dudley had reached ERM. It was the "new", best-est thing. It was revolutionary. Dudley was at the forefront. He would give me an example of the problems he was trying to model.

"Let's say our head trader has a complex trading strategy only he understands, yes". I nodded. I didn't think any strategy could be that complex, at least if a trader had put it on. But it was quite likely that no one knew about it. The trader may have not told anyone. "Let's say the trader bicycles to work". I did not think this likely. Traders prefer Porsches. Not wishing to prolong the discussion, I did not disagree.

"On the way to work, he is hit by a bus. His mobile phone is knocked away from him and damaged. He is unconscious. Assume that simultaneously market prices move due to surprise news. This news is vital to the trader's position. He does not know. Nobody knows what to do with his position". I nodded. "That's not all. Assume simultaneously, there is fraud in another bank". I nodded in real agreement. That was very likely. "This bank goes into bankruptcy. It creates a financial crisis. This of course affects the trader's position. He doesn't know of course. He's unconscious". I was hoping he would get to the point soon.

"At the same time, assume there is an accident at a power plant. There is a blackout. The bank's back-up generator fails. The mechanic forgot to check the fuel tank. The bank's computer system goes down. The trader can't get prices or model the risk on his position". I reminded Dudley that the trader was unconscious, maybe deceased. "Exactly", he replied cheerily. It went on.

Eventually after a tragedy of biblical proportions had been outlined, Dudley reached the end. "I am modeling the probability that such an event could occur". For me, it was one step too far in the search for "holistic risk". Risk management seemed to have completed its transformation into pure entertainment. Dudley seemed the epitome of a risk manager who would drown crossing a river that was 12 inches in depth on average.

Story 3

Nero and I marketed together a fair bit. I provided the technical bits. He smoozed the clients. Nero and I were making a pitch for a new structured product with a portfolio manager from an overseas fund over dinner. Dinner was a 3 martini, 2 bottles of French red wine and cigar and brandy affair. I kept looking for a moment to interject and explain the structure and benefits of the trade. I didn't get a chance.

Towards the end of the evening, the fund manager turned to Nero and said: "The girls are coming up to my room, right?" I looked at Nero surprised. "You didn't forget the stuff, it drives the girls wild?" Nero muttered something and carefully steered the conversation in a different direction. After dinner, Nero and I left the hotel. Nero stopped and drew his hand in a cutting motion across his throat. "Remember IBGYBG," he said. "I be gone, you be gone. Got it kid." A week later the portfolio manager was on the phone. "Been thinking about your deal. Like it a lot. Send me a term sheet. I think we can do something there." We closed a juicy trade for $200 million booking profits of over $2 million.

Years later, one of Nero's boys was pitching a deal to a client. Coincidentally, I happened to be a consultant to the customer. During the presentation, I asked some questions. Nothing personal, I was doing my job. The presentation wasn't going to plan. Eventually, the salesman stood up and said: "The product is unsuitable for you. It is intended for someone less sophisticated." I rang and told Nero. He killed himself laughing. True lies, all of them.


Great for finance people
Helpful Votes: 0 out of 0 total.
Review Date: 2008-03-11
Just enough quantitative stuff to be dangerous, and enough humor and anecdotal info to make this a page turner from start to finish.

Make a difficult subject an attractive reading
Helpful Votes: 0 out of 0 total.
Review Date: 2008-02-29
For me the world of derivatives are a known unknown and after reading the book, it remains like that. Derivatives are complex indeed if you don't have experience or are involve in it, but this book helps to provide an idea about the mechanics of the financials markets. The author guides you in this book telling real stories, some from his own experience, about how derivatives have evolved since its beginnings, covering the whole range of derivatives from futures, options, swaps and credit.
Reading the newspaper today, it said that some companies had made some good profits from our country currency valuation against the dollar, thanks to swaps and futures operations --- at least now I have an idea on what they are talking about. I liked this book, I laughed in some parts of it, and for sure I am eager to read more about the subject.

Bulls-eye
Helpful Votes: 0 out of 0 total.
Review Date: 2008-01-08
For anyone who has been in the business since the advent of financial futures each chapter is a wonderful ride down memory lane (a.k.a. Wall Street) - where fear and greed intersect. Each chapter fittingly a gapers block of financial wreckage and black humor brought on by appropriately licensed Wall Street professionals. A must read for anyone who's been on the Street and those aspiring to.

Fantastic!
Helpful Votes: 1 out of 1 total.
Review Date: 2008-01-21
After reading this you wont trust a banker/broker ever again (not that you should have before).
The book is written like a set of short stories. They just flow smoothly and along the way you get to learn about how the world of modern finance has become the creature that it is today. Want to know more about how the sub-prime crisis came about? Read the last section. Wonder how Goldman Sachs got out of it without so much of a scratch? The "tone" of the book will let you know. Just a really insightful and pleasurable read if you like the exciting world of high finance.

Trading
Trading Chaos: Maximize Profits with Proven Technical Techniques (A Marketplace Book)
Published in Hardcover by Wiley (2004-02)
Authors: Justine Gregory-Williams and Bill M. Williams
List price: $69.95
New price: $39.00
Used price: $36.62

Average review score:

Unique Among Trading Titles
Helpful Votes: 0 out of 1 total.
Review Date: 2008-05-22
This is the finest trading-related book ever published; if you are just starting to learn about trading and investing, please pick up a copy of Trading Chaos before you spend another dime on newsletters, software or 'hot tips.'

It's not about trading a system, it's about trading your mind .......

Bill and Justine did a great job
Helpful Votes: 0 out of 1 total.
Review Date: 2008-04-19
Bill and Justine are made me aware of what is driving the markets. Before I met them I was caught in a circle of winning and losing money in trading. The first edition opened my eyes, new trading dimensions got me out of the dream. The home study course showed me that It is possible to trade consistently, The personal workshop with Bill taught me more than enough of the inside of the markets to grasp the why and how. Eventually workshops by Justine in the middle of Chicago made me implement it all.

This new edition of Trading Chaos is refreshing. It's not about "the magic system", it's not about how to design the perfect system. No it's about real life and how the markets fit in. The perfection in the chaos, the perfect repetition of the small in to the bigger picture.

Don't buy this book if you want to know which market to trade and make money. Don't buy this book if you are looking for the magical tip.
Do buy the book if you want to learn what the market is driving and how you can profit.

Do buy this book if you are clueless (like I was) about your trading mistakes.
If you are serious go for the book, think of the implications and contact Bill and Justine to do a follow up. I did it 10 years ago and never had a moment of regret.

Solid trading book
Helpful Votes: 0 out of 1 total.
Review Date: 2007-10-23
For large traders and institutional traders who need to move large volume and order flow, this book offers multiple entry and exit strategies and tactics. Out of necessity, these traders have to scale in and out of their positions to dampen the immediate effect of their trading on the markets. Even for private retail traders, this book conveys choice of logical set-ups to incorporate into their trading operations. Overall, I feel that this book deserves your attention.

It is the right book at the right time
Helpful Votes: 1 out of 2 total.
Review Date: 2007-07-06
This book has methods to get buy signals before the lows and sell signals before the highs. This will help one sell into strength and buy into weakness. It has helped me get my positions off. I have recommended this book to all of my trading friends. It will take careful study to fully understand it. This book is original, all mechanical and all objective. The three wise men make up very powerful trading tools.

Great book - very intense
Helpful Votes: 4 out of 5 total.
Review Date: 2007-08-26
I've been looking for a book like this for a while. I first came across Bill Williams through the Metastock indicators and the Expert System. After loading an expert called "PS Fractal Trading System 2" I was amazed at the signals.
Having read through the book - I have the following quibble. There is a huge difference in the parameters of the alligator in what comes with Metastock (v9 and v10) and what the book gives. The book says the green line is 13 bar smoothed average offset 8 bars into future. Likewise the red is 8 bar offset 5, and the green is 5 bar offset 3. However this does not correspond to the Metastock indicator he provides. For the curious, the Metastock ones referred to in page 206 of book have the following values: Green: 9 period EMA of Median offset 3. Red: 15 period offset 5, and Blue 25 period offset 8

Trading
The Active Trader: Essential Tools to Profit in the Stock Market
Published in Paperback by Fifth Line Publishing (2005-06-30)
Author: William K. A. Shelley
List price: $24.95
New price: $14.97
Used price: $33.00

Average review score:

A no nonsense read
Helpful Votes: 0 out of 0 total.
Review Date: 2007-12-14
This book is REALLY easy to read! I'm new to the market, but have learned quite a bit before reading this book. In retrospect, I wish I had read this book when I was first starting out in investing. It offers a great foundation for a new investor to build upon. It covers the basics as and it also delves into other topics for a more experienced trader. I would recommend this book to anybody who is interested in begining to invest as well as an experienced investor to gain some other ideas on how to trade. I don't think I would recommend this book to a seasoned investor, though. The book is perfect for somebody looking for a high level take on investing, but if you want to disect investing concepts (a low level approach) I'd suggest looking for a book geared toward technical analysis only. In other words, this book discusses technical analysis, but pleanty other books discuss technical analysis in much greater detail. Over all, this is a great book!

Great risk management strategies!
Helpful Votes: 0 out of 0 total.
Review Date: 2006-08-10
The major take away for me was discussion of various risk management strategies such as "Active Trading Rule #1", to maintain no more than 5 positions. As a swing trader, I frequently found myself positioned broadly across the market trading penny's, tech and blue chips and ended up using my margin account much too frequently. By trading no more than 5 stocks I leverage my cash much more effectively ultimately strengthening my position for a strong break out or market correction. Combining this strategy with capital preservation is very helpful.

I found the content of the book to be at an intermediate level. An understanding of trading terms such as PE, beta, stop loss and liquidity would be helpful. This is not a technical analysis or a book of theory but insight and tools to practical trading strategies. If you're looking to better understand MACD, Bollinger Bands or RSI this is not the book for you. However, if you need some insight to risk management strategies to survive a market correction, this is a wonderful book and I find myself recommending it to friends, family and even coworkers.

The other hidden value is the cdrom which has an ebook in .pdf and an audio book. I travel a lot and the option to either read the content on my laptop or listen to it on my iPod is very cutting edge.

finally a book I can use!
Helpful Votes: 1 out of 1 total.
Review Date: 2006-05-07
I have been trading for a couple years and I finally found a book with a strategy I can use.

the foundation of "The Active Trader" is to optimize your portfolio using the "5 Rules of Trading" which made a lot of sense to me. the author explains in detail each of the steps and provides insight to managing cash, commissions and equity ratings...stuff you won't hear on CNBC's Morning Call. i liked the final chapter "the art of selling", how buying stock is easy, the hard part is selling because of emotions like greed!

the book (and CDROM) is definitely worth the money and i highly recommend it!

Way Too Simplistic
Helpful Votes: 2 out of 2 total.
Review Date: 2006-07-05
The crux of the book is the bonus CD-Rom, which contains a spreadsheet template for managing your portfolio. The template is mildly useful (thus the 1 star), but could be created in an hour, as it is just not that complex a spreadsheet.

The book I read in about an hour. It is so simplistic as to defy description, and yet the author claims the approach to be useful for beginning, intermediate, and advanced stock traders.

A brief example: Chapter 9 is devoted to a topic called Volume Cost Averaging. It is all of 4 pages long. Basically, it advocates buying more shares (in round lots) instead of selling when the stop loss trigger is hit. No advice on when to do this and when to go ahead with the planned stop loss, only a vague reference to increased volatility and risk tolerance. The decision to sell is a critical element of any trading strategy, and this approach just throws more confusion, rather than discipline, into the mix.

Suggest books by Guppy as alternatives to The Active Trader.

practical and straight forward
Helpful Votes: 3 out of 3 total.
Review Date: 2006-07-10
the book is a quick read with a straight forward style. my problem is that I didn't know what to do in a market correction taking losses or how long to keep my profits. this book is refreshing bc it actually discusses a specific strategy which other books shy away from. the premise of the book is that it is impossible to time the market perfectly, thus a strategy is required. the author does a good job discussing key areas including the use of stop loss boundaries (10-20%). I wish the author touched on short term and long term tax advantages but I guess that's an entire subject in itself.

Trading
The eBay Entrepreneur: The Definitive Guide for Starting Your Own eBay Trading Assistant Business
Published in Paperback by Kaplan Business (2006-09-04)
Author: Christopher Matthew Spencer
List price: $22.95
New price: $12.35
Used price: $12.40

Average review score:

A MUST HAVE for Those Considering an eBay Trading Assistant Business
Helpful Votes: 0 out of 1 total.
Review Date: 2008-06-25
Are you considering starting a trading assistant business on eBay? Then do NOT pass up this book...which is the definitive work on this business model.
Clearly written and organized, and thoroughly covering every aspect of developing this kind of business, The eBay Entrepreneur will guide you to building a strong foundation for your business.
Written by one of the most successful trading assistants, in fact, one of the FIRST trading assistants and pioneer in this industry, who continues to operate his business to this day as well as instruct others. It will become a reference book that you'll keep on your desk and refer to over and over. You will NOT be disappointed.The eBay Entrepreneur: The Definitive Guide for Starting Your Own eBay Trading Assistant Business

Learned alot, good read too
Helpful Votes: 0 out of 1 total.
Review Date: 2007-12-26
I've read a lot of eBay selling books, and this is not one of them. Instead this book is how to set up and run your own eBay Trading Assistant business. It doesn't teach you how to take pictures or word your eBay listings. It does cover the nuts and bolts of setting up and running your business including incorporation, renting space, negotiating leases, advertising, and so much more. Lots of good suggestions. The information about setting my rates alone made the price worth the cost.

I've been selling on eBay for a while, and am thinking about taking the next step and moving it from a hobby to a business. A very informative book that will help me be successful if/when I decide this is the path I want to take.

One word, "Awesome!"
Helpful Votes: 0 out of 2 total.
Review Date: 2007-03-18
Very informative, most of the information is right on target. An easy book to read. Straight to the point. Some of the information is slightly dated, but everything about the internet especially eBay changes so fast. Highly recommended reading for anyone who wants to take eBay to the next level.

Full of Fluff! Highly Over Rated.
Helpful Votes: 3 out of 3 total.
Review Date: 2007-06-11
Mr. Spencer has apparently done well running his company. His book, however, it mostly the tired old stuff like: How to lease commercial space, How to buy real estate, how to buy a computer, what kind, how many megs memory, how to get connected, and on and on about stuff most everybody already knows, or can easily find out. (online, and updated info at that). Sure, there are some nuggets. About 3 type-written pages worth. It's a real chore to buy the book and spend all your time sifting through the rubble. He also warns you about wasting "your" time, and he should take his own advice.

He's proably a great guy, but certainly not a concise author. I'd pass....

What a wonderful starter guide for ANY entrepreneur that wants to start a service business!
Helpful Votes: 4 out of 6 total.
Review Date: 2007-04-15

This is a really good book for someone who is interested in starting a service business. I can't praise it enough in the few paragraphs I'm writing in this review. Regardless of whether or not you want to start an eBay Trading Assistant business, but you KNOW you want to start SOME small business selling your services, then I highly recommend you get a copy of this book and read it and study it. Much of what is covered between its covers applies equally to just about any start-up. And the author does a wonderful job spoon-feeding us the material.

My background is NOT in retailing. And eBay is one big online retail store. So I'm not going to say how good or bad it is to get involved with retailing. And if you become a Trading Assistant, then you are getting involved in retailing even though the main thrust of your small business will be simply providing a service.

I will say that I haven't been convinced that becoming an eBay Trading Assistant is something I would want to become or that I would recommend to my SCORE clients to consider becoming one. What I do recommend is that any owner of a retail store should consider having someone on the payroll who can do what an eBay trading assistant does. And by reading this book you will get a pretty good understanding of what a trading assistant does.

Although I liked ALL 23 chapters, my favorite chapters were 2, 3, 5, 6, 9, 10, 14-17, 22, and 23. These I consider to be the universal topics regarding how to start a service business.

Last Fall I had to help put on a SCORE seminar about selling on eBay. I read a few books on the subject (including this one), got a couple of magazines on the subject, and scoured the Net for articles on eBay. I also signed up to use eBay and studied the eBay site. What I learned in preparing for the seminar was that eBay is always changing. I doubt the instant book is still up-to-date since it was written a couple of years ago. But the basics covered in this book are definitely current and well worth your time to read if you are thinking about becoming a trading assistant. 5 stars!

Trading
Graded Go Problems for Beginners: Elementary Problems v. 2
Published in Paperback by Japan Publications Trading Co (1985-12)
Author: Kano Yoshinori
List price:
Used price: $14.95

Average review score:

A good book to develop problem solving skill in GO
Helpful Votes: 0 out of 0 total.
Review Date: 2008-07-11
It is suitable for new beginners and actually all level players who wants to develop their skills starts from strategic thinking and problems solving. This book provides series of Go problems that will help sharpen the players thinking process and the necessary skills.

excellent teaching guide!
Helpful Votes: 0 out of 0 total.
Review Date: 2008-01-03
I just purchased this book over the holidays and am enjoying it! Having just started to learn the game I'm always on the lookout for a good tutorial and this book is an excellent addition to my library - I'm looking forward to purchasing the others in the series!

Do not listen to the "l33t" Go players
Helpful Votes: 1 out of 1 total.
Review Date: 2007-06-08
This book is excellent. Is it pitched to a basic level? Yes. It even says: "30-kyu to 25-kyu". So if you're a 13 kyu player, just skip it. Don't complain that it's too basic. Although, once I make a better rank, I think I could come back to this book with pleasure. Even now, some of the problems seem simple - but the way that they build upon one another to lead the reader to a greater understanding is sublime.

As a beginner, I found this book to be delightful. Yoshinori, through his selection of problems and the order of presentation, actually teaches you how to play the game well. If I had known, really known, what this book would do for me, it would have been the only beginning book (and series) that I purchased. It also includes the rules of the game, so it isn't merely problems. If you are just starting out in Go, do yourself a huge favor and get this book. It really opened my eyes to the beauty of the game. I can't really gush enough about it.

Good but simple
Helpful Votes: 1 out of 1 total.
Review Date: 2007-01-19
This book has a number of problems that can familiarize you with the fundamental shapes and techniques that appear in go. However, it is possible to learn these fundamentals simply by playing games of go on the smaller, and then the larger boards. I am sure that later books in the series have more in-depth problems.

amateur go player
Helpful Votes: 4 out of 8 total.
Review Date: 2006-07-03
Most people seem to recommend Volumes 2, 3, and 4 (especially 3 and 4) of this series. Volume 1 is too easy.

Amazon apparently does not carry anything except Volume 1, but all of the volumes can be ordered online from Kiseido. If you are interested in this book, also consider Get Strong at Tesuji and One Thousand and One Life-and-Death Problems. Check out David Carlton's internet go bibliography for more info.

Trading
Mind over Markets: Power Trading With Market Generated Information
Published in Paperback by Probus Professional Pub (1993-03)
Authors: James F. Dalton, Eric T. Jones, and Robert Bevan Dalton
List price: $27.50
New price: $39.98
Used price: $39.79

Average review score:

Not fancy, but explains the concept well
Helpful Votes: 0 out of 0 total.
Review Date: 2007-05-16
This, along with the guide available for free from the CBOT, give you insight on why markets trade as they do and a framework for using that data to understand how well they are trading that way. You only see mention of market profile in passing in other books, since it is not flat out buy/sell here system but more of a pattern of occurring and probable market action.

The Bible of Market Profile
Helpful Votes: 1 out of 1 total.
Review Date: 2007-10-27
This is simply the bible of Market Profile. Jim Dalton has laid out the Profile in a clear, usable way. I have been involved in futures trading for over 35 years and some of the concepts (i.e. the effect of other time frame traders) were particularly helpful for me.

I strongly recommend this book and Jim's newest book, Markets in Profile as must-reads for any serious trader.

Jeff Quinto, Photon Trading Room and the Remote Mentoring Program

This book truly has something for everyone.
Helpful Votes: 1 out of 1 total.
Review Date: 2007-05-29
To pay for the book on the first day read the "Special Situations". Do those when you see them. The rest of the book will make you a better trader for all those other times. Some of you may be put off by the piano metaphors, but the key (sorry!)is that when you see the patterns over and over again, you'll know what to do without thinking overmuch.

a way to frame the markets
Helpful Votes: 2 out of 2 total.
Review Date: 2008-01-16
I think the reason that at least one reviewer mentioned this book and the phrase "holy grail" is that this books contains an exhaustive exposition of the types or forms of days that the market can have with respect to different time periods. Trading strategies and technical analysis, which are really the only tools that readers can cull from popular trading books, don't really provide a frame, or thorough way to look at the market. Market Profile on the other hand thoroughly explains the auction process in terms of buyer and sellers without recourse to some filter--it's market generated information, not imposed rules. In this sense, it's invaluable. The trading rules thereby procede from what the market tells you. Of course, the market can still fool you but what the book teaches you is how to listen to the market and interpret in its simplest, particulate forms.

My review is at a very abstract level, but the book provides, with maybe too many examples, the types of days that a market can have and their implications and indications. For example, the authors would say that if the trading in the first half hour is within a limited range, then it has a high chance of trading outside that range; if it goes out of that range to the downside, then we have a strong seller presence. If buyers don't step up to buy in this new range, then we would anticipate that sellers are in control of the market, at which point we should place a short position. Now, the market can continue its trend, establish a new range, or buyers can step in to create what is called a buying tail, which is a sign that buyers find value at the new lows. This is a bit complicated, but once you read the book and understand the possible market movements, then it all becomes almost algorithmic and intuitive at the same time. A better title might be "market sense," in the same way that common sense tells us how to frame everyday human situations.

Excellent Book Regarding Market Analysis
Helpful Votes: 4 out of 4 total.
Review Date: 2007-05-02
This book, aside from the tiresome lecturing tone on an analogy regarding a pianist striving to reach perfection, WAS EXCELLENT. This book helped me understand how markets perform on an hourly basis, and how that creates a 'value area' where the bulls and the bears seem to agree. This methodology for charting seems to indicate the best place to place a trade (entry) and where to put your stops. Its methodology was indepth, and will require a fair amount of stamina, and intelligence to be understood. I could have done without the "amatuer to competent to proficient" stuff that the book breaks its theory/teachings into. But, aside from that, again, this is a must read for anyone that is serious about trading. I am a beginner trader in the Futures and Commodities markets, and at this time, the Market Profile appears to be the best methodology for when and where to place your trades. I highly recommend this book. Keep in mind, my mentors in this field recommended this book, AND recommend some extensive reading (over 15 books) before you actually start trading.


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