Forex Books - page 47

 

Commodities Demystified by Scott Frush : the book

Confused about commodities? Consult this essential resource

Oil, rice, corn, the Euro–commodities these days are hot, and they’re getting hotter. This engaging and thorough guide covers all the basics you’ll need to profit from today’s most active investment classes.

Commodities Demystified takes you straight to the heart of the subject, beginning with a discussion on the basic elements of the commodities market. It then introduces you to the various available commodities and investment options, including exchange-traded instruments, futures, and options, and explains the correlation between inflation and commodity prices. Finally, each chapter ends with a quick-review quiz enabling you to test your knowledge.

Designed to provide a thorough education without overwhelming you with complexities and mystifying jargon, this self-teaching guide is exactly what you need to successfully identify and trade commodities in today’s market.

This confusion-busting guide covers:

The fundamentals of the commodities market

Different commodity classes and subclasses

Finding a reputable commodities broker

How to make online trades

Strategies for minimizing risk and maximizing profits
 

Risk Management in Commodity Markets: From Shipping to Agriculturals and Energy by Helyette Geman : the book

Commodities represent today the fastest growing markets worldwide. Historically misunderstood, generally under- studied and under- valued, certainly under- represented in the literature, commodities are suddenly receiving the attention they deserve.

Bringing together some of the best authors in the field, this book focuses on the risk management issues associated with both soft and hard commodities: energy, weather, agriculturals, metals and shipping. Taking the reader through every part of the commodities markets, the authors discuss the intricacies of modelling spot and forward prices, as well as the design of new Futures markets. The book also looks at the use of options and other derivative contract forms for hedging purposes, as well as supply management in commodity markets. It looks at the implications for climate policy and climate research and analyzes the various freight derivatives markets and products used to manage shipping and freight risk in a global commodity world.

It is required reading for energy and mining companies, utilities’ practitioners, commodity and cash derivatives traders in investment banks, CTA’s and hedge funds
 

Mathematics of the Financial Markets: Financial Instruments and Derivatives Modelling, Valuation and Risk Issues by Alain Ruttiens : the book

The book aims to prioritise what needs mastering and presents the content in the most understandable, concise and pedagogical way illustrated by real market examples. Given the variety and the complexity of the materials the book covers, the author sorts through a vast array of topics in a subjective way, relying upon more than twenty years of experience as a market practitioner. The book only requires the reader to be knowledgeable in the basics of algebra and statistics.

The Mathematical formulae are only fully proven when the proof brings some useful insight. These formulae are translated from algebra into plain English to aid understanding as the vast majority of practitioners involved in the financial markets are not required to compute or calculate prices or sensitivities themselves as they have access to data providers. Thus, the intention of this book is for the practitioner to gain a deeper understanding of these calculations, both for a safety reason – it is better to understand what is behind the data we manipulate – and secondly being able to appreciate the magnitude of the prices we are confronted with and being able to draft a rough calculation, aside of the market data.

The author has avoided excessive formalism where possible. Formalism is securing the outputs of research, but may, in other circumstances, burden the understanding by non-mathematicians; an example of this case is in the chapter dedicated to the basis of stochastic calculus.

The book is divided into two parts:

- First, the deterministic world, starting from the yield curve building and related calculations (spot rates, forward rates, discrete versus continuous compounding, etc.), and continuing with spot instruments valuation (short term rates, bonds, currencies and stocks) and forward instruments valuation (forward forex, FRAs and variants, swaps & futures);

- Second, the probabilistic world, starting with the basis of stochastic calculus and the alternative approach of ARMA to GARCH, and continuing with derivative pricing: options, second generation options, volatility, credit derivatives;

- This second part is completed by a chapter dedicated to market performance & risk measures, and a chapter widening the scope of quantitative models beyond the Gaussian hypothesis and evidencing the potential troubles linked to derivative pricing models.
 

Short Term Trading Strategies That Work - A Quantified Guide to Trading Stocks and ETFs by Larry Connors and Cesar Alvarez : the book

Market volatility has been at record levels in recent months, leaving every trader and investor to ask the same question: "Am I prepared to handle the market conditions?"

In Larry Connors', CEO and Founder of TradingMarkets, Short Term Trading Strategies That Work, he discusses 16 simple strategies crucial to the success of any trader or investor. These strategies have been both back-tested up to 1995, but also have been traded by Larry and his team under multiple market conditions.

This is the must have book for anyone seeking to improve their trading in any market condition.

You'll see strategies and methods which you've likely never seen before, all of which are statistically backed by more than a decade's worth of research.

The Single Best Oscillator for Traders Do you know what's the best oscillator to use for your trading? In Chapter 9 you'll learn the one oscillator Larry believes is the closest to being the holy grail of oscillators. And you'll see the test results when applied to over 77,000 trades since 1995!

How to Make Your Trading Edges Even Bigger On pages 39-48, Larry will teach you the one simple technique to help make your daily trading edges even greater.

Learn to Properly Trade ETFs Larry teaches you some of his best strategies to trade popular ETFs like the SPYs, QQQQ's and many of the more actively traded ETFs. Professionals are flocking to ETFs and now you'll have in your possession statistically backed ETF strategies you'll be able to apply for years to come.

How to Trade Using the VIX Do you use the VIX to time your trades? You'll learn numerous ways to use the VIX, many which have been over 70% correct going back more than a decade.

"Larry has done it again. He delivers an insightful handbook of practical, useful and timeless methods to profit in the market." Tony Saliba, CEO of BNY ConvergEx LiquidPoint; Profiled in Market Wizards

The Mind Trading is as mentally tough as any profession in the world. Now learn from a world class expert, who Larry interviewed on extreme psychological training and what it takes to succeed not only in trading but in all walks of life.

Learn how to improve your trading results by purchasing Short Term Trading Strategies That Work today!
 

Invest Like an Institution: Professional Strategies for Funding a Successful Retirement: Profit-Driven Strategies from the World's Most Successful Institutional Investors By Michael : the book

All too often, when investors go in search of investment advice, they are met with television personalities and so-called investment “gurus” who do little more than push the latest and greatest scheme to retire rich. Your retirement funds—in the form of IRAs, 401(k)s, SEP or Simple IRAs, and other plans you can direct to some degree—are, however, far too precious to bet on the latest scheme, trend, or tip you heard at a party. In Invest Like an Institution: Professional Strategies for Funding a Successful Retirement, Michael Schlachter provides individual investors with the tools they need to build a portfolio that not only protects their wealth but helps it grow for the long term. Result? A comfortable retirement in which you can pursue your dreams and check “bucket list” items off at your leisure.

As an advisor to large pension funds and endowments, Michael Schlachter counts among his clients the elite. Institutional investors like the retirement systems of states and major companies, as well as the largest university endowments, are among the few that consistently outperform the market. Sure, average retail investors can't make the same types of private deals in real estate, private equity, or hedge funds that institutional investors use to reap large returns or offset market volatility. But as this book demonstrates, you can replicate in your own portfolio the very same diversification strategies that large funds employ to achieve long-term gains. To that end, Invest Like an Institution shows how to build a portfolio that is every bit as diversified and risk-controlled as a multi-billion-dollar institutional fund—and a portfolio more likely to result in a happy, financially secure retirement.

Filled with easy-to-implement guidelines that will put you on the path to financial success without encouraging you to chase trends, take on unneeded risks, or spend unnecessary fees, Invest Like an Institution analyzes:

Why asset allocation and consistent retirement contributions are the single largest determinant of your success or failure

The merits of a global portfolio versus those of a home country–biased portfolio

How newer investment strategies are used by institutional investors to supplement a well-diversified portfolio

Why fixed income investments are not as safe as most investors think and how to understand their role in your portfolio

The best alternative asset classes that are readily available to individual investors

Invest Like an Institution will help ensure that your investments are positioned for long-term growth under any market conditions. Follow its advice, and you can better achieve a prime goal we all share: retiring with a substantial nest egg.

What you’ll learn

Readers of this book will learn:

How to keep your wealth intact and grow it in a risk-controlled manner over an extended period of time.

How to implement the investment and asset allocation strategies used by the largest and most successful institutional investors into your own portfolio.

The unique advantages that individual investors have over institutional investors—and how to leverage those advantages to your benefit.

How to diversify your assets like the big funds do, no matter whether you are a young investor or are getting a late start on saving for retirement.

The best diversification strategies for structuring your investments in both stocks and bonds.

How alternative asset classes can enhance their returns while minimizing their risk.

Who this book is for

Designed specifically for the individual investor, Invest Like an Institution will appeal to active investors and savers of all ages, from Baby Boomers who are closing in on retirement to young adults who are struggling to determine the proper way to manage their IRAs and 401(k)s and direct their asset allocation mix.

 

Eric Tyson, "Investing For Dummies, 6 edition" : the book

Proven investing advice from Eric Tyson

Investing For Dummies arms novice investors with Eric Tyson's time-tested advice along with updates to his investing recommendations and strategies that reflect changing market conditions. You'll get coverage of all aspects of investing, including how to develop and manage a portfolio; invest in stocks, bonds, mutual funds, and real estate; open a small business; and understand the critical tax implications of your investing decisions.

This new and updated edition of Investing For Dummies provides a slow-and-steady-wins-the-race message and helps you overcome the fear and anxiety associated with recent economic events, no matter where you are in life — from men and women who are beginning to develop an investing plan or want to strengthen their existing investment portfolios, employees making decisions regarding investing in their company's 401(k) plans or who need to roll them over when changing jobs, young adults who want to begin saving and investing as they land their first jobs, and baby-boomers seeking to shore up their nest eggs prior to retirement.
 

Basic Technical Analysis of Financial Markets: A Modern Approach By Renato Di Lorenzo : the book

The present book avoids the fantasy recipes that abound in technical analysis and focuses instead on those that are statistically correct and can be understood by newcomers as well as appreciated by professionals. The described protocols and techniques will prove invaluable in analyzing market behavior and assisting in trading decisions. The algorithms used in the technical analysis of financial markets have changed beyond recognition. This book offers a more efficient technical analysis – one that is not satisfied with protocols that just seem to be fine, but which requires that they are indeed fine, verifying this through simulations on the PC, serious statistical counts, and so on.​
 

The Part-Time Trader: Trading Stock as a Part-Time Venture : the book

Practical advice and easy-to-follow guidelines for part-time stock traders

Millions of people trade stocks in their spare time, supplementing their nine-to-five income with extra profits on the market.

And while there are plenty of books on the market that cater to the needs of full-time traders, there are precious few that focus on the trading strategies that are best suited for part-time traders who must balance the demands of other responsibilities while successfully navigating a changing and dynamic stock market.

This handy guide equips part-time traders with all the necessary tools for successful trading—including guidance on pre-market/pre-work studies and how to make profitable trades without interfering with one's day job. The Part-Time Trader focuses entirely on those trading strategies best suited for part-timers, making trading both simpler and more profitable.

• One of the few books on trading intended and designed specifically for part-time traders with other jobs or responsibilities

• Includes online access to the author's proprietary trading system that offers easy-to-follow guidelines for traders who can't spend all day watching the markets

• Written by the co-founder of SharePlanner Inc., a popular financial website devoted to day-trading, swing-trading (both long and short), and exchange-traded funds

For part-time traders who can't dedicate all their time to watching the markets and reading charts, The Part-Time Trader offers straightforward, profitable trading advice.

 

Options Trading for the Conservative Investor: Increasing Profits Without Increasing Your Risk by Michael C. Thomsett

For courses in Options, Investments, and Investing in Stock Markets. Options can be a powerful tool for conservative stock investors aiming to limit risk. This practical book is written in plain english, describing step-by-step instructions for increaing income and protecting capital.

If you're an investor concerned with preserving capital, maximizing predictability, and maintaining consistently strong returns, your best solution just might surprise you: Options. In Options Trading for the Conservative Investor, Michael C. Thomsett reveals a narrow band of options strategies that can help you improve results as you systematically reduce unnecessary risk throughout your portfolio.

Thomsett, author of the global best-seller Getting Started in Options, writes in simple, nontechnical language, uses real examples, and guides you through every strategy–one easy step at a time. He's made this book simple and visual enough for any experienced investor to use, even if they have no experience trading options. Thomsett is also the author of Stock Profits: Getting to the Core (Financial Times-Prentice Hall 2004), The Leaps Strategist (Marketplace Books 2004), and Investment and Securities Dictionary (McFarland & Company 1986).

Thomsett systematically covers several options strategies optimized for conservative investors, including covered call writing on carefully selected stocks, contingent purchase strategies, and powerful "combination" strategies that produce cash to bolster current income. No matter how cautious an investor you are, this book will give you powerful new tools for achieving your financial goals–without losing a moment of sleep.

Fundamental ground rules for conservative options investors

What you should know and believe before you get started

How options fit into your conservative trading strategy

Deciding what stocks to buy or sell options on–and what to avoid

Examples and case studies based on an actual model portfolio

Practical guidance for leveraging each strategy with your own portfolio

Practical "rescue" strategies

Recovering your investments when market values have fallen

How to take profits without selling stock

Step-by-step techniques based on long puts and short calls

Improve Returns–Without Added Risk!

Easy, step-by-step options strategies for increasing income and protecting capital

Preserving your spending power after inflation and taxes

Avoiding unacceptable market, liquidity, and diversification risks

Protecting your profits without losing invested positions

No options experience necessary!

By Michael C. Thomsett, author of the worldwide best-seller Getting Started in Options, 6th Edition (John Wiley & Sons 2005)

The world's #1 options author has written the definitive options guide for conservative investors! One step at a time, you'll discover how to use options to increase yields, reduce risks, protect existing positions, and ride safely through any market down cycle. Want double-digit returns without heart-pounding risk? Here are the options you've been searching for!
 

Exchange Rate Systems And Policies In Asia by Paul S. L. Yip : the book

This important book comprises insightful papers on lessons learned from some major exchange rate and monetary experiences in Asia, exchange rate crisis management in Asia and choice of exchange rate systems in Asia. It deals primarily with the exchange rate systems and policies in the three largest economies in Asia: China, Japan and India.

It also contains a paper on Singapore's exchange rate system, whose success could make it a role model for other small open economies. Notable contributors include Ronald McKinnon and John Williamson, among others. The editor is the original designer of China's latest exchange rate system reform.

Contents: Introduction: Important Lessons from Some Major Exchange Rate and Monetary Experiences in Asia (P S L Yip); The International Monetary Fund and Exchange Rate Crisis Management (C-Y Lim); The Case for an Intermediate Exchange Rate Regime (J Williamson); Japan's Deflationary Hangover: Wage Stagnation and the Syndrome of the Ever-Weaker Yen (R McKinnon); Managing Flexibility: Japanese Exchange Rate Policy, 1971 2007 (S Takagi); China's Exchange Rate System Reform (P S L Yip); The Fog Encircling the Renminbi Debate (Y-W Cheung et al.); Insulation of India from the East Asian Crisis: An Analysis (P Dua & A Sinha); Singapore's Exchange Rate Policy: Some Implementation Issues (H-K Chow).
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