Alex Rogo is the manager of a failing manufacturing plant who receives
an ultimatum from corporate headquarters: Turn the situation around in
three months or the plant will be scrapped. With help from a mysterious
mentor, Rogo discovers a revolutionary new way to do business—a way for
people in any field of endeavor to increase productivity, profitability,
and personal fulfillment.
A business book disguised as a novel, a love story about the
manufacturing process, and an exhilarating adventure in human potential,
The Goal is changing how America does business. First published in
1984, it became an underground bestseller; today it's used by thousands
of companies and taught in hundreds of business schools. Includes the
author's personal story, "My Saga."
This third edition includes case study interviews. Professional readers
recreate interviews that David Whitford, Editor at Large with Fortune
Small Business, conducts with the author Eli Goldratt and with business
professionals from General Motors, Thomson-Shore, Security Federal Banks
and others who put the principles of The Goal into action.
This book explores the problem of high frequency trading (HFT) as well
as the need for US stock market reform. This collection of previously
published and unpublished materials includes the following articles and
white papers:
1. The Problem of HFT - explains how HFTs came to dominate US equity
markets by exploiting artificial advantages introduced by electronic
exchanges that catered to HFT strategies
2. HFT Scalping Strategies - describes the primary features of modern
HFT strategies currently active in US equities as well as the benefits
these strategies extract from the maker-taker market model and the
regulatory framework of the national market system
3. Why HFTs Have an Advantage - explains the critical importance of
HFT-oriented special order types and exchange order matching engine
practices in the operation of modern HFT strategies
4. HFT - A Systemic Issue - a discussion of the latest industry and
regulatory developments with regard to exchange order matching practices
that serve to advantage HFTs over the public customer
5. Electronic Liquidity Strategy - proposes a conceptual framework for
institutional traders to achieve superior execution performance in
HFT-oriented electronic market venues
6. Reforming the National Market System - proposes a 10-step plan for
strengthening the operation of the US equities marketplace in order to
serve the needs of long-term investors
7. NZZ Interview with Haim Bodek - addresses current topics and proposals for US equities market structure reforms
8. TradeTech Interview with Haim Bodek - addresses the current status of the HFT special order type debate
Biography
Haim Bodek is a Managing Principal of Decimus Capital Markets, LLC, a
tactical consulting and strategic advisory firm focused on high
frequency trading and US equities market structure.
Mr. Bodek
was formerly a founder and Chief Executive Officer of Trading Machines
LLC, an independent high frequency options trading firm. Prior to TM,
Mr. Bodek was a Managing Director and Joint Global Head of Electronic
Volatility Trading at UBS Investment Bank. He is an electronic trading
executive and algorithmic trading strategist with 15 years of experience
in the automated trading space.
Mr. Bodek's career, experiences,
and advocacy for US stock market regulatory reform are described
extensively in Dark Pools by Scott Patterson, freelance writer and staff
reporter for The Wall Street Journal.
Trading for a Living Successful trading is based on three M's: Mind,
Method, and Money. Trading for a Living helps you master all of those
three areas:
How to become a cool, calm, and collected trader
How to profit from reading the behavior of the market crowd
How to use a computer to find good trades
How to develop a powerful trading system
How to find the trades with the best odds of success
How to find entry and exit points, set stops, and take profits
Trading for a Living helps you discipline your Mind, shows you the
Methods for trading the markets, and shows you how to manage Money in
your trading accounts so that no string of losses can kick you out of
the game. To help you profit even more from the ideas in Trading for a
Living, look for the companion volume--Study Guide for Trading for a
Living. It asks over 200 multiple-choice questions, with answers and 11
rating scales for sharpening your trading skills. For example:
Question Markets rise when
there are more buyers than sellers
buyers are more aggressive than sellers
sellers are afraid and demand a premium
more shares or contracts are bought than sold
Every change in price reflects what happens in the battle between bulls
and bears. Markets rise when bulls feel more strongly than bears. They
rally when buyers are confident and sellers demand a premium for
participating in the game that is going against them. There is a buyer
and a seller behind every transaction. The number of stocks or futures
bought and sold is equal by definition.
This book contains all that is needed to understand the Forex market and simplifies
the learning process of currency trading online.
From
a professional perspective based on years of experience, analyzes the factors
that generate reliable investment opportunities and guidelines to follow for
beginners can develop quickly, genuine trading systems able to dominate the
world's biggest financial market.
Think like a trader. Act like a trader. Become a Super Trader.
"Let your profits run!"
It's the golden rule by which all Super Traders live. With the help of
investing guru Dr. Van K. Tharp, you can join the ranks of full-time
traders who consistently master the market.
Super Trader
provides a time-tested strategy for creating the conditions that allow
you to reach levels of trading success you never thought possible.
Providing expert insight into both trading practices and psychology,
Tharp teaches you how to steadily cut losses short and meet your
investment goals through the use of position sizing strategies--the keys
to steady profitability. Tharp offers concepts and tactics designed to
help you:
CREATE AND MEET YOUR SPECIFIC
UNDERSTAND THE BIG PICTURE
CONQUER COUNTERPRODUCTIVE THINKING
MASTER THE ART OF POSITION SIZING STRATEGIES
With
Tharp's proven methods, you can live the dream of enjoying
above-average profits under various market conditions--up, down, and
sideways. Tharp's wisdom, perspective, and tactical expertise are
legendary in the world of trading. Follow the master down the path to
trading excellence with Super Trader.
How do you transform
yourself from a mild-mannered investor into a proactive trader who
outperforms the market day-in and day-out. Think clearly. Plan
accordingly. Commit completely. In other words, become a trader. No one
is better suited to help you make the transformation than legendary
trading educator Dr. Van K. Tharp.
Combining the sharp insight
and technical brilliance that have drawn legions of investors to his
books and seminars, Tharp provides a holistic approach for becoming a
successful full-time trader. His system--a meld of investing psychology
and sound trading practice--is the secret to achieving optimum
conditions that produce results in both bull and bear markets.
Using the lessons of Super Trader,
you will approach trading as you would a small business--realistically,
systematically, and enthusiastically. Drawing on his decades of
experience, Tharp has created a simple plan designed to help anyone
successfully navigate the market that includes the following:
Mastering the psychology of trading
Crafting a "business plan"--a working document to guide your trading
Developing a trading system tailored to your personal needs and skills
Creating position sizing strategies to meet your objectives
Monitoring yourself constantly to minimize mistakes You can put this plan to use immediately.
Throughout
the book, Tharp raises the pertinent questions you must ask yourself
about becoming a trader, being a trader, and succeeding as a trader.
The
rewards that come with being a Super Trader--both financial and
personal--make you feel as if you can leap small buildings in a single
bound.
Forum on trading, automated trading systems and testing trading strategies
Something Interesting to Read March 2014
Sergey Golubev, 2014.03.04 17:27
The Goal: A Process of Ongoing Improvement Paperback
by Eliyahu M. Goldratt
Revised third edition!
Alex Rogo is the manager of a failing manufacturing plant who receives an ultimatum from corporate headquarters: Turn the situation around in three months or the plant will be scrapped. With help from a mysterious mentor, Rogo discovers a revolutionary new way to do business—a way for people in any field of endeavor to increase productivity, profitability, and personal fulfillment.
A business book disguised as a novel, a love story about the manufacturing process, and an exhilarating adventure in human potential, The Goal is changing how America does business. First published in 1984, it became an underground bestseller; today it's used by thousands of companies and taught in hundreds of business schools. Includes the author's personal story, "My Saga."
This third edition includes case study interviews. Professional readers recreate interviews that David Whitford, Editor at Large with Fortune Small Business, conducts with the author Eli Goldratt and with business professionals from General Motors, Thomson-Shore, Security Federal Banks and others who put the principles of The Goal into action.
Forum on trading, automated trading systems and testing trading strategies
Something Interesting to Read July 2014
Muhammad Syamil Bin Abdullah, 2014.07.01 15:42
The Problem of HFT - Collected Writings on High Frequency Trading & Stock Market Structure Reform : Haim Bodek
This book explores the problem of high frequency trading (HFT) as well as the need for US stock market reform. This collection of previously published and unpublished materials includes the following articles and white papers:
1. The Problem of HFT - explains how HFTs came to dominate US equity markets by exploiting artificial advantages introduced by electronic exchanges that catered to HFT strategies
2. HFT Scalping Strategies - describes the primary features of modern HFT strategies currently active in US equities as well as the benefits these strategies extract from the maker-taker market model and the regulatory framework of the national market system
3. Why HFTs Have an Advantage - explains the critical importance of HFT-oriented special order types and exchange order matching engine practices in the operation of modern HFT strategies
4. HFT - A Systemic Issue - a discussion of the latest industry and regulatory developments with regard to exchange order matching practices that serve to advantage HFTs over the public customer
5. Electronic Liquidity Strategy - proposes a conceptual framework for institutional traders to achieve superior execution performance in HFT-oriented electronic market venues
6. Reforming the National Market System - proposes a 10-step plan for strengthening the operation of the US equities marketplace in order to serve the needs of long-term investors
7. NZZ Interview with Haim Bodek - addresses current topics and proposals for US equities market structure reforms
8. TradeTech Interview with Haim Bodek - addresses the current status of the HFT special order type debate
Biography
Haim Bodek is a Managing Principal of Decimus Capital Markets, LLC, a tactical consulting and strategic advisory firm focused on high frequency trading and US equities market structure.
Mr. Bodek was formerly a founder and Chief Executive Officer of Trading Machines LLC, an independent high frequency options trading firm. Prior to TM, Mr. Bodek was a Managing Director and Joint Global Head of Electronic Volatility Trading at UBS Investment Bank. He is an electronic trading executive and algorithmic trading strategist with 15 years of experience in the automated trading space.
Mr. Bodek's career, experiences, and advocacy for US stock market regulatory reform are described extensively in Dark Pools by Scott Patterson, freelance writer and staff reporter for The Wall Street Journal.
Forum on trading, automated trading systems and testing trading strategies
Something Interesting to Read April 2014
Sergey Golubev, 2014.04.17 18:45
Trading for a Living: Psychology, Trading Tactics, Money Managementby Alexander Elder
Trading for a Living Successful trading is based on three M's: Mind, Method, and Money. Trading for a Living helps you master all of those three areas:
- How to become a cool, calm, and collected trader
- How to profit from reading the behavior of the market crowd
- How to use a computer to find good trades
- How to develop a powerful trading system
- How to find the trades with the best odds of success
- How to find entry and exit points, set stops, and take profits
Trading for a Living helps you discipline your Mind, shows you the Methods for trading the markets, and shows you how to manage Money in your trading accounts so that no string of losses can kick you out of the game. To help you profit even more from the ideas in Trading for a Living, look for the companion volume--Study Guide for Trading for a Living. It asks over 200 multiple-choice questions, with answers and 11 rating scales for sharpening your trading skills. For example: Question Markets rise when- there are more buyers than sellers
- buyers are more aggressive than sellers
- sellers are afraid and demand a premium
- more shares or contracts are bought than sold
Every change in price reflects what happens in the battle between bulls and bears. Markets rise when bulls feel more strongly than bears. They rally when buyers are confident and sellers demand a premium for participating in the game that is going against them. There is a buyer and a seller behind every transaction. The number of stocks or futures bought and sold is equal by definition.===========================
Interview with Dr. Alexander Elder: "I want to be a psychiatrist in the market"
MQL5 Cookbook: Developing a Framework for a Trading System Based on the Triple Screen Strategy
Forum on trading, automated trading systems and testing trading strategies
Something Interesting to Read December 2013
Sergey Golubev, 2013.12.19 12:51
Simplifying Forex: Beginner to Professional in 3,000 words by Diego Jose Villegas Delgado
This book contains all that is needed to understand the Forex market and simplifies the learning process of currency trading online.
From a professional perspective based on years of experience, analyzes the factors that generate reliable investment opportunities and guidelines to follow for beginners can develop quickly, genuine trading systems able to dominate the world's biggest financial market.
Forum on trading, automated trading systems and testing trading strategies
Something Interesting to Read December 2014
Sergey Golubev, 2014.12.03 06:06
Super Trader, Expanded Edition: Make Consistent Profits in Good and Bad Markets
by Van Tharp

Think like a trader. Act like a trader. Become a Super Trader."Let your profits run!" It's the golden rule by which all Super Traders live. With the help of investing guru Dr. Van K. Tharp, you can join the ranks of full-time traders who consistently master the market.
Super Trader provides a time-tested strategy for creating the conditions that allow you to reach levels of trading success you never thought possible. Providing expert insight into both trading practices and psychology, Tharp teaches you how to steadily cut losses short and meet your investment goals through the use of position sizing strategies--the keys to steady profitability. Tharp offers concepts and tactics designed to help you:
With Tharp's proven methods, you can live the dream of enjoying above-average profits under various market conditions--up, down, and sideways. Tharp's wisdom, perspective, and tactical expertise are legendary in the world of trading. Follow the master down the path to trading excellence with Super Trader.
How do you transform yourself from a mild-mannered investor into a proactive trader who outperforms the market day-in and day-out. Think clearly. Plan accordingly. Commit completely. In other words, become a trader. No one is better suited to help you make the transformation than legendary trading educator Dr. Van K. Tharp.
Combining the sharp insight and technical brilliance that have drawn legions of investors to his books and seminars, Tharp provides a holistic approach for becoming a successful full-time trader. His system--a meld of investing psychology and sound trading practice--is the secret to achieving optimum conditions that produce results in both bull and bear markets.
Using the lessons of Super Trader, you will approach trading as you would a small business--realistically, systematically, and enthusiastically. Drawing on his decades of experience, Tharp has created a simple plan designed to help anyone successfully navigate the market that includes the following:
Throughout the book, Tharp raises the pertinent questions you must ask yourself about becoming a trader, being a trader, and succeeding as a trader.
The rewards that come with being a Super Trader--both financial and personal--make you feel as if you can leap small buildings in a single bound.