Archive for the ‘Trading Books’ Category

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  • Trading book Review: The Technical Analysis Course – 4th Edition

    Friday, May 20th, 2011

    The Technical Analysis Course – 4th Edition

    Author: Thomas Myers
    RRP $85.00

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    The Classic Introduction to Technical Analysis– Fully Updated and Revised!

    The most reliable method for forecasting trends and timing market turns, technical analysis is as close to a “scientific” trading approach as you can get and it is particularly valuable in today’s volatile markets. The Technical Analysis Course, Fourth Edition, provides the know how you need to make this powerful tool part of your overall investing strategy.

    Through a series of lessons and exams, you’ll master the techniques used by the most successful technical analysts in the market today. Updated with hundreds of real market examples, The Technical Analysis Course provides the essential foundation for using time-tested technical analysis techniques to profit from the markets. You’ll learn how to:

    *Identify profitable chart patterns, including reversals, consolidation formations, and gaps
    *Utilize key analytical tools, including trendlines and channels, support and resistance, relative strength analysis, and volume and open interest
    *Perform advanced analysis using moving averages, trading bands, Bollinger Bands, oscillators, the Relative Strength Index, stochastics, and moving average convergence-divergence

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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    Trading Book Review: The New Sell and Sell Short

    Friday, April 8th, 2011

    The New Sell and Sell Short

    Author: Dr Alexander Elder
    RRP $52.95

    Trader Dealer clients receive FREE freight!

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    A detailed look at one of the most underestimated aspects of trading-selling, In The New Sell and Sell Short is the second edition by Dr. Alexander Elder.

    In this book he explains how to exit a stock at the right time and how to initiate a short position to profit from a stock that is showing weakness. Often overlooked, selling properly enables a trader to cut losses and maximize profits. Moreover, short selling in a weak market can generate big profits and should be a part of every trader’s arsenal of tools. The new edition contains numerous examples of short selling stocks from the 2008-2009 bear market, demonstrating very clearly why traders do themselves a disservice by only focusing on the long side. In addition, the new edition contains an extensive study guide to help readers master the material prior to trading.

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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    Trading Book Review: Guppy Trading

    Friday, April 1st, 2011

    Guppy Trading

    Author: Daryl Guppy
    Publisher: John Wiley
    RRP $49.95

    Trader Dealer clients can try Daryl Guppy’s new book with free freight – equates to a 20% discount.

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    Guppy Trading contains detailed analysis of many topics, including:

    *making effective trades based on news events and informed trading
    *advanced application of the Guppy Multiple Moving Average to assess the true strength of a trend
    *how to establish and improve trade entry, exit and stop loss points in volatile markets
    *effective trading of international markets
    *safely integrating derivatives to boost portfolio returns.

    Guppy Trading contains 23 of the most enduring and important chapters from Guppy’s earlier books, completely revised, and combines them with 10 entirely new chapters. These new chapters detail new trading methods and instruments that have been developed to create additional opportunities and ensure survival in interconnected modern markets. This comprehensive compendium is critical reading for traders looking to maximise their returns.

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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    Trading Book Review: Sharebuyer’s Guide to Investing in the Australian Mining Boom

    Friday, March 11th, 2011

    Sharebuyers Guide to Investing in the Australian Mining Boom

    Allan Trench
    RRP $34.95

    FREE freight within Australia for Trader Dealer clients

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    The Australian Mining Industry is a major contributor to the national economy. The export revenues from the various metals and minerals mined from ‘The Lucky Country’ read like telephone numbers; make those international telephone numbers.

    Dubious investors may be concerned whether what has become a hot sector of the Australian Sharemarket will continue to show growth in 2011, or whether all the future value of high commodity prices have already been priced into resources company share prices? For some resources stocks, the answer is yes: The values of some companies in this author’s opinion have become stretched. But for other resources stocks the answer is absolutely not: There are still spectacular share price gains around the corner for a number of resources stocks.

    A Sharebuyer’s Guide to Investing in the Australian Mining Boom will help you evaluate which stocks in the mining sector have the best chance of outperforming the market.

    This book also includes an A to Z (Aluminum to Zinc) of commodities and company profiles of 40 Emerging ASX-listed Resources Companies.

    About The Author

    DR ALLAN TRENCH is non-executive Chairman of ASX-listed Navigator Resources and a non-executive director of Venturex Resources, Pioneer Resources and Hot Chili. He holds a doctorate in geophysics, a masters degree in mineral economics and an MBA (Oxon). Allan is Adjunct Professor at the Western Australian School of Mines and a regular speaker at international conferences on the outlook for the mineral resources sector. Allan is also an Associate Consultant with CRU Group, a global independent advisory consultancy serving the mining and metals sector.

    Also by Allan Trench: Top Resource Stocks 2007, 2008 and 2009 and Insider’s Guide to Investing in Australian Mining and Resource Stocks.

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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    Trading Book Review: Shares to Buy and When

    Thursday, March 3rd, 2011

    Shares to Buy and When – 2011

    Jim Berg
    RRP $29.95

    FREE freight within Australia for Trader Dealer newsletter subscribers

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    This book takes all the hard work out of the analysis and gets you on the road to investing in a fraction of the time!

    Over the past 12 months it hasn’t been easy for traders and investors alike to make money on the sharemarket. I have had thousands of investors and share traders coming through the doors of my shop wanting information to further their knowledge on how to evaluate shares using both fundamental and technical analysis.

    Few books discuss both disciplines in detail, leaving the final, time-consuming analysis to the individual. I have found that time is the enemy of most of these investors and share traders, so I was delighted to have ‘Shares to Buy & When’ to recommend.

    I was overwhelmed by the huge response to Jim’s book. The consistent message from all who read the book, was that Jim took all the hard work out of the analysis, and allowed them to get on with what’s important – family, work and the markets.

    It is again with great pride that I am associated with the 2011 edition and I have a feeling that each edition of Shares to Buy & When will become a must-have in all traders and investors libraries.”

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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    Trading Book Review: The Mental Strategies of Top Traders

    Friday, February 18th, 2011

    The Mental Strategies of Top Traders

    Ari Kiev
    RRP $62.95

    Trader Dealer Price $52.95

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    An honest depiction of the challenges of trading and a clear explanation of what it takes to succeed.

    Successful trading, according to respected psychiatrist and trading coach Kiev, requires an unusual and sometimes contradictory blend of intellectual and psychological abilities, including the willingness to take risks, but in a very controlled manner; the discipline to develop high-conviction trading ideas in the face of unpredictable markets and incomplete information; as well as a strong drive to win, but also accept failure. Here, you’ll discover how to achieve all this, and much more. This book:

    *provides advice and solutions for traders struggling with today’s volatile and stressful markets;

    *authoritatively identifies key mental strategies of top traders;

    *is written by Ari Kiev, a highly respected figure in the professional trading community;

    *has analysis that is supported by comments from contemporary traders and portfolio managers, many of whom struggled with the markets of 2008.

    Designed with the serious trader in mind, this book will put you in a better position to excel in today’s tumultuous markets.

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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    Trading Book Review: Technical Analysis From A-Z

    Friday, February 4th, 2011

    Technical Analysis From A-Z

    Steven Achelis
    RRP $75.00

    Trader Dealer Price $50.00

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    Millions of traders participating in today’s financial markets have shot interest and involvement in technical analysis to an all-time high. This updated edition of Technical Analysis from A to Z combines a detailed explanation of what technical analysis is and how it works with overviews, interpretations, calculations, and examples of over 135 technical indicators and how they perform under actual market conditions.

    Enhanced with more details to make it easier to use and understand, this book reflects the latest research findings and advances. A complete summary of major indicators that can be used in any market, it covers:

    • Every trading tool from the Absolute Breadth Index to the Zig Zag
    • Indicators include Arms Index, Dow Theory, and Elliott Wave Theory
    • Over 35 new indicators

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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    Trading Book Review: Trading With Candlesticks

    Friday, January 28th, 2011

    Trading With Candlesticks

    Michael Thomsett
    RRP $39.95

    Trader Dealer Price $33.95

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    This book shows you how candlesticks work, how to interpret them, and how to use them.

    It is packed with visual examples, definitions, checklists, and charts and shows how to identify emerging price movements, trend reversals, confirmations, and impending signal failures. For investors at all levels of experience.

    Want to consistently outperform other traders?

    Candlestick charts represent one of the most valuable tools available to you. As savvy traders around the world have discovered, candlesticks can help you more effectively anticipate stock price trends and improve the timing of every buy and sell order you place. In Trading with Candlesticks, best-selling author Michael C. Thomsett completely demystifies candlesticks. Using plain English and easy-to-understand visuals, Thomsett shows how they’re constructed, how to decode them, and how to apply them in real trades.

    You’ll start with the absolute basics, and then discover how to recognize subtle moves and patterns you never knew existed. Next, Thomsett reveals how to combine candlesticks with other technical indicators to sense market signals even more reliably. Whether you’re a day trader, swing trader, speculator, or long-term investor, candlesticks offer you a powerful edge and this book makes them easier to use than ever before.

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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    Trading Book Review: Reading Price Charts Bar by Bar

    Friday, January 21st, 2011

    Reading Price Charts Bar By Bar -
    The Technical Analysis of Price Action for the Serious Trader.

    Al Brooks
    RRP $94.95

    Trader Dealer Price $80.00

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    While new technology and complicated theories promise to take your trading to “the next level,” the truth is that long-term success in this field is rooted in simplicity. That’s why Al Brooks has created Reading Price Charts Bar by Bar.

    With this book, Brooks, a technical analyst for Futures magazine and an independent trader, demonstrates how applying price action analysis to chart patterns can help enhance returns and minimize downside risk. Along the way, you’ll discover the importance of understanding every bar on a price chart, why particular patterns are reliable setups for trades, and how to locate entry and exit points as markets are trading in real time.

    Throughout these pages, some of the most useful tools for deciphering price action are covered in detail, including:

    • Trendlines and trend channel lines
    • Prior highs and lows
    • Breakouts and failed breakouts
    • The size of bodies and tails on candles
    • The relationship between current bars to prior bars
    • And much more

    Learning what the market is telling you can be difficult, but with the right approach, you can achieve this goal and capture consistent profits in the process. Reading Price Charts Bar by Bar has all the information you need to succeed at this endeavour and will put you in the best position possible to make the most of your time in today’s turbulent markets.

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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    Trading Book Review: One Good Trade

    Friday, January 14th, 2011

    One Good Trade

    Mike Bellafiore
    RRP $77.95

    Trader Dealer Price $68.00

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    One Good Trade

    The proprietary trading firm consists of a group of professionals who trade the capital of the firm. Their income and livelihood is generated solely from their ability to take profits consistently out of the markets. The world of prop trading is mentally and emotionally challenging, but at the same time it offers substantial rewards to the select few who can master this craft called trading.

    In One Good Trade: Inside the Highly Competitive World of Proprietary Trading, author Mike Bellafiore shares the principles and techniques that have enabled him to navigate the most challenging of markets over the past twelve years. He explains how he has imparted those techniques to an elite desk of traders at the proprietary trading firm he co-founded. In doing so, he lifts the veil on the inner workings of his firm, shedding light on the challenges of prop trading and gives an insight on why traders succeed or fail.

    An important contribution to trading literature, the book will help all traders by:

    *Emphasizing the development of skills that are critical to success, such as the fundamentals of One Good Trade, Reading the Tape, and finding Stocks In Play

    *Outlining the factors that really make the difference between a consistently profitable trader and one who underperforms.

    *Sharing entertaining, hysterical and page turning stories of traders who have excelled or failed and why many, trained by the author, with an essential trading principle wrapped inside.

    *Becoming a better trader takes discipline, skill development, and statistically profitable trading strategies, and this book will show you how to develop all three.

    This book is available from the Educated Investor Book shop. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

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