Forex Books - page 97

[seekers]

Bubbles, Booms, and Busts: The Rise and Fall of Financial Assets, 2 edition by Donald Rapp : the book

This book deals at some length with the question: Since there are many more poor than rich, why don’t the poor just tax the rich heavily and reduce the inequality? In the 19th century and the first half of the 20th century, the topic of inequality was discussed widely. Ending or reducing inequality was a prime motivating factor in the emergence of communism and socialism. The book discusses why later in the 20th century, inequality has faded out as an issue. Extensive tables and graphs of data are presented showing the extent of inequality in America, as well as globally. It is shown that a combination of low taxes on capital gains contributed to a series of real estate and stock bubbles that provided great wealth to the top tiers, while real income for average workers stagnated. Improved commercial efficiency due to computers, electronics, the Internet and fast transport allowed production and distribution with fewer workers, just as the advent of electrification, mechanization, production lines, vehicles and trains in the 1920s and 1930s produced the same stagnating effect.

[seekers]

Lean Yu, Shouyang Wang, Kin Keung Lai, "Foreign-Exchange-Rate Forecasting with Artificial Neural Networks" : the book

The book focuses on forecasting foreign exchange rates via artificial neural networks. It creates and applies the highly useful computational techniques of Artificial Neural Networks (ANNs) to foreign-exchange-rate forecasting. The result is an up-to-date review of the most recent research developments in forecasting foreign exchange rates coupled with a highly useful methodological approach to predicting rate changes in foreign currency exchanges. Foreign Exchange Rate Forecasting with Artificial Neural Networks is targeted at both the academic and practitioner audiences. Managers, analysts and technical practitioners in financial institutions across the world will have considerable interest in the book, and scholars and graduate students studying financial markets and business forecast will also have considerable interest in the book.

[seekers]

Philosophico-Methodological Analysis of Prediction and its Role in Economics by Wenceslao J. Gonzalez : the book

This book develops a philosophico-methodological analysis of prediction and its role in economics. Prediction plays a key role in economics in various ways. It can be seen as a basic science, as an applied science and in the application of this science. First, it is used by economic theory in order to test the available knowledge. In this regard, prediction has been presented as the scientific test for economics as a science. Second, prediction provides a content regarding the possible future that can be used for prescription in applied economics. Thus, it can be used as a guide for economic policy, i.e., as knowledge concerning the future to be employed for the resolution of specific problems. Third, prediction also has a role in the application of this science in the public arena. This is through the decision-making of the agents — individuals or organizations — in quite different settings, both in the realm of microeconomics and macroeconomics. Within this context, the research is organized in five parts, which discuss relevant aspects of the role of prediction in economics: I) The problem of prediction as a test for a science; II) The general orientation in methodology of science and the problem of prediction as a scientific test; III) The methodological framework of social sciences and economics: Incidence for prediction as a test; IV) Epistemology and methodology of economic prediction: Rationality and empirical approaches and V) Methodological aspects of economic prediction: From description to prescription. Thus, the book is of interest for philosophers and economists as well as policy-makers seeking to ascertain the roots of their performance. The style used lends itself to a wide audience.

[seekers]

The CME Group Risk Management Handbook: Products and Applications by CME Group, John W. Labuszewski, John E. Nyhoff and Richard Co : the book

Where futures were once regarded as arcane trading vehicles largely utilized by speculators in search of outsized profits, they are now widely regarded and accepted by institutional and retail traders alike as a legitimate and, more so, essential component of many investment and risk management programs.

Futures now cover products as diverse as interest rate, equity, foreign exchange, and commodity markets and have been extended to include somewhat more esoteric items including real estate values, economic indicators, and even weather conditions. These instruments have focused attention and interest on Chicago as the epicenter of futures market developments and innovation, and the CME Group stands out as a leader in this regard.

The CME Group Risk Management Handbook provides an overview of the futures market in today's electronic trading world and outlines the various CME Group products, explaining how they can be used to manage risk for both professionals and individuals.

Principle authors John Labuszewski, John Nyhoff, Richard Co, and Paul Peterson are some of the most highly regarded names in futures and options research and risk management. They offer you a primer and reference to the most significant of CME Group products and the applications for which they may be deployed. The book begins with a basic explanation of futures markets, defining futures contracts, methodologies of order entry and execution, and the role of the clearing house. The authors then explain the intricacies of each of the various futures products, including currency futures, stock index futures, Eurodollar futures, and U.S. Treasury futures. In addition, they describe the major commodity markets and some alternative investment market fundamentals.

This reliable resource also offers a review of technical analysis, covering Elliott Wave Theory, pattern recognition, empirical analysis, and other essential information. It concludes with a look at options markets, outlining a range of options trading strategies, including hedging with options.

The development of futures markets has rapidly accelerated in the past few decades. The CME Group Risk Management Handbook will provide professionals around the world with an up-to-date, comprehensive reference to today's most popular and widely used risk management products and trading and hedging strategies.

[seekers]

Forex Money Management: Top $$$ Strategies for Forex Trading :

part 1

part 2

Forex Money Management: Strategies for Forex Trading, Stocks, Futures, Options, Equities - all in one course

***UPDATED April 2015 - added Unique Comparison Tool (FREE with course)***

Important: The course is currently $149, but will next increase to $249 on 1 May 2015

Learn the EXACT Money Management strategies and techniquesused by the top traders of the century!

Trading Forex? Stocks? Futures? Options? Equities?...... You NEED to know these strategies!

Take the unnecessary risk out of your trading!Simply by knowing and applying the strategies and techniques described in this course you will avoid over 50% of mistakesmost traders make!

First, in this course you will learn the LEGENDARY Larry Willams method:

In 1987 Larry Williams won the wolrd cup of futures trading turning $10,000 into $1.1 million in 12 months using real money! In 1997 Michelle Williams Larry's daughter won the world cup using the same strategy as her dad!

If you want to be a successful trader you HAVE to know at least this method!!!

Next, I will show you how to apply the Risk Management techniquesdescribe by Ryan Jones in his book "The Trading Game". We will look at actual case studies of how to apply this method to YOUR trading.

Then,we will compare the two methodsand I will reveal to you their strengths and weaknesses. You will learn why and when you should apply either of the two!

Finally, and most importantly, we will talk about the Kelly Criterion.

Have you ever been in a situation when you weren't sure what % of your depositto risk on a given trade?? With this last method I show you will solve that problem once and for all!

The Kelly Criterion may seem rather complex if you research it on your own, but in this course I break everything down STEP BY STEPso that you can grasp the concepts extremely quickly. Same goes for all the techniques in this strategies in this course!

If you are just beginning your trading career,then this course will protect you from hundreds (if not thousands) of lost money - SAVE $. It will also save you timeand effort researching all of this information on your own.

If you are a seasoned trader,a comprehensive Money Management arsenal is what can really take your trading to the next level.

Take this course nowand start applying these techniques in YOUR trading today!

What you need to know:

*the initial low price of $149 will increase to $249 on 1 May 2015

*included for FREEinside is a unique Money Management strategy comparison tool

*this course is FULLY optimized for display on mobile and tabletas well as desktop

*you have unlimitedlifetime access at no extra costs, ever

*all future additional lectures, bonuses, etc in this course are always free

*there's an unconditional, never any questions asked full 30 day money-back-in-full guarantee

*my help is always available to you if you get stuck or have a question - my support is legendary in Udemy

Can't wait to see you inside!

What are the requirements?

*Basic interest in trading

*A determination to maximize the return on their investment strategy

What am I going to get from this course?

*Over 32 lectures and 3 hours of content!

*Apply the Larry Williams Money Management Method in your trading

*Apply the Ryan Jones Money Management Method in your trading

*Most importantly, confidently apply the Kelly Criterion to find out exactly what lot size (volume) to trade in any given transaction

*Understand the Half-Kelly and how to use it to maximize your profits

What is the target audience?

*Forex Traders

*Binary Options Traders

*Stock Traders

*Futures Traders

*Options Traders

*Equities Traders

*Bonds Traders

*Sports Betting Traders

*Bitcoin Traders

[seekers]

Stochastic Financial Models by Douglas Kennedy : the book

Filling the void between surveys of the field with relatively light mathematical content and books with a rigorous, formal approach to stochastic integration and probabilistic ideas, Stochastic Financial Models provides a sound introduction to mathematical finance. The author takes a classical applied mathematical approach, focusing on calculations rather than seeking the greatest generality.

Developed from the esteemed author’s advanced undergraduate and graduate courses at the University of Cambridge, the text begins with the classical topics of utility and the mean-variance approach to portfolio choice. The remainder of the book deals with derivative pricing. The author fully explains the binomial model since it is central to understanding the pricing of derivatives by self-financing hedging portfolios. He then discusses the general discrete-time model, Brownian motion and the Black–Scholes model. The book concludes with a look at various interest-rate models. Concepts from measure-theoretic probability and solutions to the end-of-chapter exercises are provided in the appendices.

By exploring the important and exciting application area of mathematical finance, this text encourages students to learn more about probability, martingales and stochastic integration. It shows how mathematical concepts, such as the Black–Scholes and Gaussian random-field models, are used in financial situations.

[seekers]

Commodity Trade and Finance (The Grammenos Library) by Michael Tamvakis : the book

What affects the supply of oil? How important is the weather in determining grain prices? Why has the price of copper skyrocketed?

This unique book analyses the economics of key commodity groups, including energy, agriculture and metals. It examines the supply/demand fundamentals of several major and minor commodities, physical characteristics, production and consumption patterns, trade flows and pricing mechanisms. It also explains the main tools used to hedge price risk, such as futures, options and swaps.

This second edition contain has been fully revised and restructured, and contains 4 new chapters, including oil refining, electricity and price risk management for energy, metals and agricultural commodities

This book is an indispensable reference text for students, academics and those working in the commodity business.

[seekers]

When Markets Collide: Investment Strategies for the Age of Global Economic Change by Mohamed A. El-Erian : the book

Winner of the 2008 Financial Times and Goldman Sachs Business Book of the Year Award

When Markets Collide is a timely alert to the fundamental changes taking place in today's global economic and financial systems--and a call to action for investors who may fall victim to misinterpreting important signals.

While some have tended to view asset class mispricings as mere “noise,” this compelling book shows why they are important signals of opportunities and risks that will shape the market for years to come.

One of today's most respected names in finance, Mohamed El-Erian puts recent events in their proper context, giving you the tools that can help you interpret the markets, benefit from global economic change, and navigate the risks.

The world economy is in the midst of a series of hand-offs. Global growth is now being heavily influenced by nations that previously had little or no systemic influence. Former debtor nations are building unforeseen wealth and, thus, enjoying unprecedented influence and facing unusual challenges. And new derivative products have changed the behavior of many market segments and players. Yet, despite all these changes, the system's infrastructure is yet to be upgraded to reflect the realities of today's and tomorrow's world. El-Erian investigates the underlying drivers of global change to shed light on how you should:

Think about the new opportunities and risks

Construct an appropriately diversified and internationalized portfolio

Protect your portfolio against new sources of systemic risk

Best think about the impact of central banks and financial policies around the world

Offering up predictions of future developments, El-Erian directs his focus to help you capitalize on the new financial landscape, while limiting exposure to new risk configurations.

When Markets Collide is a unique collection of books for investors and policy makers around the world. In addition to providing a thorough analysis and clear perspective of recent events, it lays down a detailed map for navigating your way through an otherwise perplexing new economic landscape.

[seekers]

Matt Davison, "Quantitative Finance: A Simulation-Based Introduction Using Excel" : the book

Teach Your Students How to Become Successful Working Quants

Quantitative Finance: A Simulation-Based Introduction Using Excel provides an introduction to financial mathematics for students in applied mathematics, financial engineering, actuarial science, and business administration. The text not only enables students to practice with the basic techniques of financial mathematics, but it also helps them gain significant intuition about what the techniques mean, how they work, and what happens when they stop working.

After introducing risk, return, decision making under uncertainty, and traditional discounted cash flow project analysis, the book covers mortgages, bonds, and annuities using a blend of Excel simulation and difference equation or algebraic formalism. It then looks at how interest rate markets work and how to model bond prices before addressing mean variance portfolio optimization, the capital asset pricing model, options, and value at risk (VaR). The author next focuses on binomial model tools for pricing options and the analysis of discrete random walks. He also introduces stochastic calculus in a nonrigorous way and explains how to simulate geometric Brownian motion. The text proceeds to thoroughly discuss options pricing, mostly in continuous time. It concludes with chapters on stochastic models of the yield curve and incomplete markets using simple discrete models.

Accessible to students with a relatively modest level of mathematical background, this book will guide your students in becoming successful quants. It uses both hand calculations and Excel spreadsheets to analyze plenty of examples from simple bond portfolios. The spreadsheets are available on the book’s CRC Press web page.

[seekers]

Liquidity Risk: Managing Asset and Funding Risks (Finance and Capital Markets Series) by Erik Banks : the book

Liquidity risk is the risk of loss arising from an inability to quickly realize asset value or obtain funding and can be damaging if not properly considered or actively managed. Lack of liquidity can lead to large losses in asset/liability portfolios and off balance sheet activities and in extreme cases can trigger financial distress and insolvency.