Forex Books - page 43

New comment
 

The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb : the book

In business and government, major money is spent on prediction. Uselessly, according to Taleb, who administers a severe thrashing to MBA- and Nobel Prize-credentialed experts who make their living from economic forecasting.

A financial trader and current rebel with a cause, Taleb is mathematically oriented and alludes to statistical concepts that underlie models of prediction, while his expressive energy is expended on roller-coaster passages, bordering on gleeful diatribes, on why experts are wrong.

They neglect Taleb's metaphor of "the black swan," whose discovery invalidated the theory that all swans are white. Taleb rides this manifestation of the unpredicted event into a range of phenomena, such as why a book becomes a best-seller or how an entrepreneur becomes a billionaire, taking pit stops with philosophers who have addressed the meaning of the unexpected and confounding. Taleb projects a strong presence here that will tempt outside-the-box thinkers into giving him a look
 
seekers:
The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb : the book

Great book!

 

Murray A. Ruggiero, "Cybernetic Trading Strategies: Developing a Profitable Trading System with State-of-the-Art Technologies" : the book

Until recently, the computer has been used almost exclusively as a charting and data-gathering tool. But as traders and analysts have quickly discovered, its capabilities are far more vast. Now, in this groundbreaking new book, Murray Ruggiero, a leading authority on cybernetic trading systems, unlocks their incredible potential and provides an in-depth look at the growing impact of advanced technologies on intermarket analysis. A unique resource, Cybernetic Trading Strategies provides specific instructions and applications on how to develop tradable market timing systems using neural networks, fuzzy logic, genetic algorithms, chaos theory, and machine induction methods.

Currently utilized by some of the most powerful financial institutions in the world--including John Deere and Fidelity Investments--today's advanced technologies go beyond subjective interpretations of market indicators to enhance traditional analysis. As a result, existing trading systems gain a competitive edge. Ruggiero reveals how "incorporating elements of statistical analysis, spectral analysis, neural networks, genetic algorithms, fuzzy logic, and other high-tech concepts into a traditional technical trading system can greatly improve the performance of standard trading systems." For example: spectral analysis can be used to detect when a market is trending earlier than classical indicators such as ADX.

Drawing on his extensive research on market analysis, Ruggiero provides an incisive overview of cyber-systems--systems that, when applied correctly, can increase trading returns by as much as 200% to 300%. The author covers a wide range of important topics, examining classical technical analysis methodologies and seasonal trading, as well as statistically based market prediction and the mechanization of subjective methods such as candlestick charts and the Elliott Wave. Precise explanations and dozens of real-world examples show you how to:

- Incorporate advanced technologies into classical technical analysis methodologies.

- Identify which of these technologies have the most market applicability.

- Build trading systems to maximize reliability and profitability based on your own risk/reward criteria.
 

The New Laws of the Stock Market Jungle: An Insider's Guide to Successful Investing in a Changing World by Michael J. Panzner : the book

In recent years, the stock market has undergone revolutionary change at virtually every level: new players, new technologies, new information flows, and new macroeconomic conditions. These changes are radically impacting investors, whether they know it or not.

Now, you can profit from the changes--instead of being victimized by them. Wall Street insider Michael J. Panzner will show you how. Panzner reveals how falling transaction costs and a barrage of data are transforming traditional investment patterns, and how stocks are increasingly being bought and sold like commodities. Discover the impact that electronic trading, instant messaging, and hedge funds are having on intraday volatility and short-term direction. Learn how an era of "boom and bust" have altered investor behavior and risk preferences, why today's market is increasingly emotional, and why many traditional indicators simply don't work anymore.

From the growing role of derivatives to the increasing unpredictability of seasonal and cyclical patterns, this book takes you "under the hood" of today's equity markets... so you can develop a winning investment strategy for today's new realities.
 

Money Mavericks: Confessions of a Hedge Fund Manager (2nd Edition) (Financial Times Series) by Lars Kroijer : the book

A new edition of this revealing and incisive account of the incredible inside workings of hedge funds. Shedding light on the incredible inside workings of hedge funds, this book charts the interminable rise of Holte Capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period where the industry went from relative obscurity to something everyone wanted to discuss.
 

How to Beat Wall Street: Everything You Need to Make Money in the Markets Plus! 20 Trading System Ideas : the book

How to Beat Wall Street covers a vast amount of material in a concise and easy to read way including:

– Trading fundamentals: Central banks, inflation, Keynes, economic indicators…

– Timing: Financial ratios, volatility analysis, Dow Theory, stock market cycles…

– Risk: Money management techniques, trading psychology…

– Secrets & Tips: News trading, volume analysis, seasonal patterns…

– Technical analysis: MACD, moving averages, Bollinger Bands…

– Trading systems: Design & optimisation, 20 stock trading strategies, fully disclosed Amibroker systems…

– Resources & bonus material: Comprehensive resource material, best trading books bibliography and bonus section...

And more…
 

Forex Revolution: An Insider's Guide to the Real World of Foreign Exchange Trading by Peter Rosenstreich : the book

We recommend this book to our clients who want to learn more about global currency markets. It gives a great introductory overview and history of currency. Brief and well written.
 

The Fear Factor: What Happens When Fear Grips Wall Street by Colin Read : the book

The science behind and economic consequences of fear are explained by demonstrating how fear can drive markets to disastrous lows and how the financial industry profits most when fear and volatility are highest. The reader is offered recommendations that can resolve market fears and bolster world economies.
 

Following the Trend: Diversified Managed Futures Trading by Andreas Clenow : the book

During bull and bear markets, there is a group of hedge funds and professional traders which have been consistently outperforming traditional investment strategies for the past 30 odd years. They have shown remarkable uncorrelated performance and in the great bear market of 2008 they had record gains.

These traders are highly secretive about their proprietary trading algorithms and often employ top PhDs in their research teams. Yet, it is possible to replicate their trading performance with relatively simplistic models. These traders are trend following cross asset futures managers, also known as CTAs. Many books are written about them but none explain their strategies in such detail as to enable the reader to emulate their success and create their own trend following trading business, until now.

Following the Trend explains why most hopefuls fail by focusing on the wrong things, such as buy and sell rules, and teaches the truly important parts of trend following. Trading everything from the Nasdaq index and T-bills to currency crosses, platinum and lean hogs, there are large gains to be made regardless of the state of the economy or stock markets. By analysing year by year trend following performance and attribution the reader will be able to build a deep understanding of what it is like to trade futures in large scale and where the real problems and opportunities lay.

Written by experienced hedge fund manager Andreas Clenow, this book provides a comprehensive insight into the strategies behind the booming trend following futures industry from the perspective of a market participant. The strategies behind the success of this industry are explained in great detail, including complete trading rules and instructions for how to replicate the performance of successful hedge funds. You are in for a potentially highly profitable roller coaster ride with this hard and honest look at the positive as well as the negative sides of trend following.
 

Dmytro Gusak, Alexander Kukush, Alexey Kulik, Yuliya Mishura, Andrey Pilipenko - Theory of Stochastic Processes: With Applications to Financial Mathematics and Risk Theory : the book

This book is a collection of exercises covering all the main topics in the modern theory of stochastic processes and its applications, including finance, actuarial mathematics, queuing theory, and risk theory.

The aim of this book is to provide the reader with the theoretical and practical material necessary for deeper understanding of the main topics in the theory of stochastic processes and its related fields.

The book is divided into chapters according to the various topics. Each chapter contains problems, hints, solutions, as well as a self-contained theoretical part which gives all the necessary material for solving the problems. References to the literature are also given.

The exercises have various levels of complexity and vary from simple ones, useful for students studying basic notions and technique, to very advanced ones that reveal some important theoretical facts and constructions.

This book is one of the largest collections of problems in the theory of stochastic processes and its applications. The problems in this book can be useful for undergraduate and graduate students, as well as for specialists in the theory of stochastic processes.
1...363738394041424344454647484950...128
New comment
Reason: