Forex Books - page 62

[seekers]

Scott Frush - Hedge Funds Demystified : the book

Find out how to hedge your bets and PROFIT big from HEDGE FUNDS

Hearing a lot about hedge funds lately but feel like you're in the weeds when it comes to understanding how they work? Learn all about these highly profitable and largely unregulated funds in Hedge Funds Demystified.

Financial expert Scott Frush first explains the basics of hedge funds and how they are different from mutual funds. He then provides you with methods for evaluating hedge funds, strategies for low-, moderate-, and high-risk investing, and the steps you need to take to incorporate hedge funds into your portfolio. Featuring end-of-chapter quizzes and a final exam, this straightforward guide gives you the inside edge for investing in hedge funds.

This fast and easy guide offers:

Explanations of the risks and benefits of hedge funds

Coverage of event-driven, tactical, relative-value, and hybrid hedge funds

Tips for evaluating hedge funds and building your portfolio

Strategies for selecting the right manager

A review of management tools and tactics including selling short, employing leverage, and trading derivatives

Simple enough for a novice but in-depth enough for a seasoned investor, Hedge Funds Demystified is your shortcut to capitalizing on these profitable funds.

[seekers]

Risk Management in Trading: Techniques to Drive Profitability of Hedge Funds and Trading Desks (Wiley Finance) by Davis Edwards : the book

A comprehensive resource for understanding how to minimize risk and increase profits

In this accessible resource, Wall Street trader and quantitative analyst Davis W. Edwards offers a definitive guide for nonprofessionals which describes the techniques and strategies seasoned traders use when making decisions. Risk Management in Trading includes an introduction to hedge fund and proprietary trading desks and offers an in-depth exploration on the topic of risk avoidance and acceptance. Throughout the book Edwards explores the finer points of financial risk management, shows how to decipher the jargon of professional risk-managers, and reveals how non-quantitative managers avoid risk management pitfalls.

Avoiding risk is a strategic decision and the author shows how to adopt a consistent framework for risk that compares one type of risk to another. Edwards also stresses the fact that any trading decision that isn't based on the goal of maximizing profits is a decision that should be strongly scrutinized. He also explains that being familiar with all the details of a transaction is vital for making the right investment decision.

Offers a comprehensive resource for understanding financial risk management

Includes an overview of the techniques and tools professionals use to control risk

Shows how to transfer risk to maximize results

Written by Davis W. Edwards, a senior manager in Deloitte's Energy Derivatives Pricing Center

Risk Management in Trading gives investors a hands-on guide to the strategies and techniques professionals rely on to minimize risk and maximize profits.

[seekers]

Measuring Market Risk, 2nd Edition by Kevin Dowd : the book

Fully revised and restructured, "Measuring Market Risk, Second Edition" includes a new chapter on options risk management, as well as substantial new information on parametric risk, non-parametric measurements and liquidity risks, more practical information to help with specific calculations, and new examples including Q&A's and case studies.

[seekers]

Michael Harris “Profitability and Systematic Trading: A Quantitative Approach to Profitability, Risk, and Money Management" : the book

In order to overcome certain obstacles and make more informed decisions in today’s markets, you need to use the appropriate models and apply careful analysis. Nobody understands this better than author Michael Harris. And now, with Profitability and Systematic Trading, he reveals how to achieve this goal, by discussing some of the most important trading concepts he’s worked on during twenty years of research and development in this field.

[seekers]

Economic Modeling Using Artificial Intelligence Methods (Advanced Information and Knowledge Processing) by Tshilidzi Marwala : the book

Economic Modeling Using Artificial Intelligence Methods examines the application of artificial intelligence methods to model economic data. Traditionally, economic modeling has been modeled in the linear domain where the principles of superposition are valid.

The application of artificial intelligence for economic modeling allows for a flexible multi-order non-linear modeling. In addition, game theory has largely been applied in economic modeling. However, the inherent limitation of game theory when dealing with many player games encourages the use of multi-agent systems for modeling economic phenomena.

The artificial intelligence techniques used to model economic data include:

multi-layer perceptron neural networks

radial basis functions

support vector machines

rough sets

genetic algorithm

particle swarm optimization

simulated annealing

multi-agent system

incremental learning

fuzzy networks

Signal processing techniques are explored to analyze economic data, and these techniques are the time domain methods, time-frequency domain methods and fractals dimension approaches. Interesting economic problems such as causality versus correlation, simulating the stock market, modeling and controling inflation, option pricing, modeling economic growth as well as portfolio optimization are examined. The relationship between economic dependency and interstate conflict is explored, and knowledge on how economics is useful to foster peace – and vice versa – is investigated. Economic Modeling Using Artificial Intelligence Methods deals with the issue of causality in the non-linear domain and applies the automatic relevance determination, the evidence framework, Bayesian approach and Granger causality to understand causality and correlation.

Economic Modeling Using Artificial Intelligence Methods makes an important contribution to the area of econometrics, and is a valuable source of reference for graduate students, researchers and financial practitioners.

[seekers]

Irene Aldridge, "High-Frequency Trading: A Practical Guide to Algorithmic Strategies and Trading Systems" : the book

A fully revised second edition of the best guide to high-frequency trading

High-frequency trading is a difficult, but profitable, endeavor that can generate stable profits in various market conditions. But solid footing in both the theory and practice of this discipline are essential to success. Whether you're an institutional investor seeking a better understanding of high-frequency operations or an individual investor looking for a new way to trade, this book has what you need to make the most of your time in today's dynamic markets.

Building on the success of the original edition, the Second Edition of High-Frequency Trading incorporates the latest research and questions that have come to light since the publication of the first edition. It skillfully covers everything from new portfolio management techniques for high-frequency trading and the latest technological developments enabling HFT to updated risk management strategies and how to safeguard information and order flow in both dark and light markets.

Includes numerous quantitative trading strategies and tools for building a high-frequency trading system

Address the most essential aspects of high-frequency trading, from formulation of ideas to performance evaluation

The book also includes a companion Website where selected sample trading strategies can be downloaded and tested

Written by respected industry expert Irene Aldridge

While interest in high-frequency trading continues to grow, little has been published to help investors understand and implement this approach—until now. This book has everything you need to gain a firm grip on how high-frequency trading works and what it takes to apply it to your everyday trading endeavors.

[seekers]

M. J. Alhabeeb, "Mathematical Finance" : the book

An introduction to the mathematical skills needed to understand finance and make better financial decisions Mathematical Finance enables readers to develop the mathematical skills needed to better understand and solve financial problems that arise in business, from small entrepreneurial operations to large corporations, and to also make better personal financial decisions. Despite the availability of automated tools to perform financial calculations, the author demonstrates that a basic grasp of the underlying mathematical formulas and tables is essential to truly understand finance. The book begins with an introduction to the most fundamental mathematical concepts, including numbers, exponents, and logarithms; mathematical progressions; and statistical measures. Next, the author explores the mathematics of the time value of money through a discussion of simple interest, bank discount, compound interest, and annuities. Subsequent chapters explore the mathematical aspects of various financial scenarios, including: Mortgage debt, leasing, and credit and loans Capital budgeting, depreciation, and depletion Break–even analysis and leverage Investing, with coverage of stocks, bonds, mutual funds, options, cost of capital, and ratio analysis Return and risk, along with a discussion of the Capital Asset Pricing Model (CAPM) Life annuities as well as life, property, and casualty insurance Throughout the book, numerous examples and exercises present realistic financial scenarios that aid readers in applying their newfound mathematical skills to devise solutions. The author does not promote the use of financial calculators and computers, but rather guides readers through problem solving using formulas and tables with little emphasis on derivations and proofs. Extensively class–tested to ensure an easy–to–follow presentation, Mathematical Finance is an excellent book for courses in business, economics, and mathematics of finance at the upper–undergraduate and graduate levels. The book is also appropriate for consumers and entrepreneurs who need to build their mathematical skills in order to better understand financial problems and make better financial choices.

[seekers]

A 4-Step System for Screening the Markets :

part1.rar

part2.rar

part3.rar

part4.rar

part5.rar

Discover a four-step method to find, analyze, buy, and, sell the right stocks - at just the right time. Respected analyst and author of The Value Connection Marc Gerstein has taken the uncertain art of selecting stocks - and turned it into a “screen based science.” Whether you're a short-term trader or longer-focused investor, Marc's “Screens” provide an objective process for unveiling stocks you need to consider right now. Not because they're in the news or tipped off by a friend - but because they're right for you.

Join Marc as he shows how his well-defined method often uncovers hot stocks that are not on your radar - even stocks you've never heard of before. By using his unique “screening” process that relies on the interplay of technical and fundamental factors - these stocks become huge home runs - and the return differentials will amaze you.

Amazement turns into excitement as Gerstein explains exactly how you can screen the Market to find similar winning stocks for your own trading program. You'll discover:

· How good fundamentals create a “safety net” for technical traders

· The 5 fundamental screens that lead to consistent success

· The counter-trend screen: Playing the Market's “rebels”

· The “footsteps of success” - sure signs a company is poised to outperform the Market.

· Screening for sentiment indicators - the key to selling short, and so much more!

Follow along as you master Marc's 4-step approach to investment profit by integrating technical timing and fundamental indicators for superior portfolio performance.

[seekers]

Visual Guide to Financial Markets by David Wilson : the book

A highly visual look at major investment opportunities from the minds at Bloomberg

The essential guide for anyone trying to get a handle on the fundamentals of investing, the Bloomberg Visual Guide to Financial Markets distills 30 years of Bloomberg expertise into one straightforward, easy-to-read volume. The book teaches readers about three basic investment options—governments, companies, and real assets, including gold and other commodities—and offers valuable insights into money-market securities, bonds, stocks, derivatives, mutual funds, exchange-traded funds, and alternatives.

Designed to help financial professionals, students of finance, and individual investors understand the markets in which they're investing, the book begins with simple investments before moving on to more complex choices.

Explains bonds, stocks, derivatives, mutual funds, exchange-traded funds, and alternatives such as hedge funds

Explores the three Rs of returns, risks, and relative value that are associated with each type of investment

Provides a highly visual presentation with an emphasis on graphics and professional applications

The Bloomberg Visual Guide to Financial Markets gives the reader a clear picture of what underlies market structure, instruments, and dynamics and how to capitalize on these elements.

[seekers]

Rishi K Narang, "Inside the Black Box: The Simple Truth About Quantitative Trading : the book

Quantitative trading strategies—known to many as “black boxes”—have gained a reputation of being difficult to explain and even harder to understand. While there is a certain level of complexity to this approach, with the right guidance, you can successfully overcome potential obstacles and begin to excel in this arena.

That’s why expert fund manager Rishi Narang has created Inside the Black Box. In a straightforward, nontechnical style—supplemented by real-world examples and informative anecdotes—this reliable resource takes you on a detailed tour through the black box. It skillfully sheds light upon the work that “quants” do, lifting the veil of mystery around quantitative trading and allowing anyone interested in doing so to understand quants and their strategies.

Divided into three comprehensive parts, Insider the Black Box opens with an accessible introduction to the discipline of quantitative trading and quickly moves on to demonstrate that what many call a black box is in fact transparent, intuitively sensible, and readily understandable. Along the way, it also explains how quant strategies can fit into your portfolio and why they are so important.

Whether you’re an institutional investor or high-networth individual, the lessons learned here will help you gain an edge in today’s turbulent market.