Posts Tagged ‘educated investor’

    • Trading Book Review: Exploding The Myths

    Friday, October 8th, 2010

    Exploding The Myths

    Author: Frank Watkins
    RRP $34.95

    Trading to win in bull and bear markets

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    With this book you will discover how to:

    - Avoid the costly mistakes that newcomers make
    - Find the best buy signals
    - Insure your investment
    - Predict a profitable trade
    - Avoid endless research
    - Learn day trading deterrents
    - Learn the folly of fundamentals

    Exploding The Myths questions some market adages that the author believes have helped keep the industry rich and the investor poor.

    “To suggest that time in the market is more important than timing the market may suit a fund manager but it will not help a small investor. Likewise diversification has nothing to do with making a profit, it is all about avoiding risk.”

    This book explodes some of the myths that surround the share market and points out the traps and pitfalls of which unwary newcomers fall prey. Frank Watkins has a very clear message when it comes to investing your hard earned capital. “By investing visually you can get your timing right – buy stocks that are rising and make constant profit regardless of market conditions.”

    Frank has a very simple philosophy – buy stocks that are rising, use strict money management and risk management rules and the profits will flow during any market conditions.

    This book will change the way you think!

    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

    Post to Twitter

    Tags: , , , , , , ,
    Posted in Trader Dealer News, Trading Books | No Comments

    Trading Book Review: Trade Your Way to Financial Freedom

    Friday, October 1st, 2010

    Trade Your Way to Financial Freedom – Second Edition

    Author: Van Tharp
    RRP $50.95

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    This title presents the bestselling holy grail of trading information, now brought completely up to date to give traders an edge in the marketplace.

    “Sound trading advice and lots of ideas you can use to develop your own trading methodology.” – Jack Schwager, author of “Market Wizards” and “The New Market Wizards”.

    This trading masterpiece has been fully updated to address all the concerns of today’s market environment. With substantial new material, this second edition features Tharp’s new 17-step trading model and also addresses reward to risk multiples, as well as insightful new interviews with top traders updated examples and charts.

    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

    Post to Twitter

    Tags: , , , , , ,
    Posted in Trader Dealer News, Trading Books | No Comments

    Trading Book Review: The Complete Trading for a Living

    Friday, August 27th, 2010

    The Complete Trading for a Living (including Study Guide)

    Author: Alexander Elder
    RRP $120.00

    The Complete Trading for a Living

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    This is the bestselling trading book of all time. Dr. Alexander Elder’s ‘Trading for a Living’ now comes complete with a companion study guide in a handsome leather edition that no trader should be without.

    Focusing on the three critical areas of mind, method, and money, Dr. Elder helps professionals master new approaches to trading stocks, currencies, futures, and options. A clear understanding of the three M’s will help you discipline your mind, master the best methods for trading the markets and manage money in your trading accounts, so that no string of losses can kick you out of the game.

    Dr. Elder’s revolutionary ‘Trading for a Living’ has won international acclaim and helped hundreds and thousands of traders bring their skills to new levels. The accompanying ‘Study Guide for Trading for a Living’ adds more than 200 questions, charts and assessments, that pinpoint the reader’s strengths and weaknesses as a trader and helps measure improvement and growth.

    These two books are now available together in one beautifully bound volume, worthy of a place of honor in every trader’s library.

    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

    Post to Twitter

    Tags: , , , , , ,
    Posted in Trader Dealer News, Trading Books | 1 Comment

    Trading Book Review: The Daily Trading Coach

    Friday, August 13th, 2010

    The Daily Trading Coach

    Author: Brett N. Steenbarger
    RRP $59.95
    The Daily Trading Coach

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    Every trader is an entrepreneur and just as a new business must capitalize upon the strengths of it’s founders, a career in the market crucially hinges upon the assets (personal and monetary) of the trader. As an active trader, and a coach of traders in hedge funds, proprietary trading groups and investment bank settings, author Brett Steenbarger has helped others to see the personal assets they have possessed all along: those that can pay a lifetime of dividends.

    In The Daily Trading Coach, he provides the tools to help you prioritize both your trading goals and your life and become your own trading psychologist.

    There are 101 lessons in The Daily Trading Coach, each averaging several pages in length. Each lesson follows the same general format of identifying an everyday challenge that traders face, an approach to meeting the challenge and a specific suggestion for implementing that approach. The lessons cover a range of topics relevant to trading psychology and trading performance, including detailed instructions for utilizing psycho-dynamic, cognitive, and behavioral brief therapy methods to change problematic behavior patterns and instill new, positive ones. The chapters are independent of one another, so that you can read them in order or you can use the Table of Contents or Index to read, each day, the lesson that most applies to your current trading. In addition, the book includes insightful self-coaching perspectives from eighteen successful trading professionals who share their work online.

    While the aim of the book is to help you become your own trading coach, its broader purpose is to help you coach yourself through life. The challenges and uncertainties you face in trading – the pursuit of rewards in the face of risks – are just as present in careers and relationships as in markets. The Daily Trading Coach provides a road map, and a practical set of insights and tools for discovering and implementing the best within you.

    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

    Post to Twitter

    Tags: , , , , , ,
    Posted in Trader Dealer News, Trading Books | No Comments

    Trading Book Review: Trading in the Zone

    Friday, July 30th, 2010

    Trading in the Zone

    Author: Mark Douglas
    RRP $59.95

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    Maximizing the trader’s state of mind is the key to achieving successful results.

    Conflicts, contradictions and paradoxes with thinking, can spell disaster for even a highly motivated, astute and well grounded trader.

    Mark Douglas is a trader, personal trading coach, and industry consultant since 1982. In this book he sends the message that “thinking strategy” will profoundly influence a trader’s success rate. He addresses five very specific issues to give traders the insight to understanding about themselves and what will make them consistent winners in the market.

    Trading In The Zone offers specific solutions to the “people factor” of commodity price movements, it uncovers the true culprit for lack of consistency when it comes to stock picking, lack of focus and self-confidence. Through simple exercises, you will learn how to think in terms of probabilities, and adopt the specific beliefs necessary to developing a winner’s mindset.

    Along the way, you will gain valuable insights into your own entrenched misconceptions about the market, backed by compelling examples, this book adds a new dimension to getting an edge on the market. Through a better understanding of yourself, as well as of Wall Street’s realities, you will come to leverage the power of your psyche for unprecedented profitability.

    This book is one of the Educated Investors best selling psychology books. If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

    Post to Twitter

    Tags: , , , , ,
    Posted in ASX Trading News | No Comments

    Trading Book Review: The Wiley Trading Guide

    Friday, July 23rd, 2010

    The Wiley Trading Guide

    trading_guide_2nd_final__73824

    Publisher: John Wiley
    RRP $49.95

    Pre-Release. Books will not be readily available until 1st week August 2010

    Trading book review by Janene Murdoch from the Educator Investor Bookshop

    Wiley has brought together seventeen of Australia and the world’s, best traders and authors in this well balanced book.

    Crossing many markets and embracing all disciplines of analysis, each topic is clearly explained and so becomes the perfect source of reference for both the beginner and more experienced trader.

    Many of the chapters will challenge the reader to think outside their comfort zone and question their trading techniques, plans and systems.

    This book covers a number of different topics such as:

    - Creating a trading plan and devising a strategy to suit your goals
    - Combining analysis methods
    - Taking control of your mind set and adapting your trading techniques to the forex and futures markets

    This authoritative guide will help the established trader raise their trading to the next level.

    All traders will admit that you can never stop learning, and for such a small investment, this book allows you unprecedented access to information and ideas from professional traders that you would normally pay thousands of dollars for.

    Contributing Authors to The Wiley Trading Guide are:

    - Louise Bedford
    - Jim Berg
    - Kel Butcher
    - Davin Clarke
    - Daryl Guppy
    - Alan Hull
    - Glen Larson
    - Wayne McDonald
    - Stuart McPhee
    - Justine Pollard
    - Peter Pontikis
    - Tom Scollon
    - Happy Stanton
    - Gary Stone
    - Chris Tate
    - Leon Wilson

    If you would like to order this book please visit The Educated Investor Bookshop website.

    By Janene Murdoch
    Educated Investor Bookshop

    Post to Twitter

    Tags: , , , , , , ,
    Posted in Trader Dealer News, Trading Books | No Comments

    Secrets of Success from the World-Famous Businessman

    Tuesday, March 17th, 2009

    Business Stripped Bare, by Richard Branson

    Book Review

    We all know the crazy pom with the white hair, a couple of airlines and a mobile phone company. However having read his first two books and finding them to be a good read I couldn t pass up Richard Branson s latest installment – Business Stripped Bare.

    All of Branson s books contain a massive amount of self-promotion and ego-stroking. However having read this book I actually believe that due to the amount of passion this guy has for everything he does he could be homeless and still manage to convince everybody it is the way to be.

    This book offers some light-hearted stories covering areas such as why Virgin started a soft drink war with Coca Cola, how the company was actually listed in 1986 before being privatised, and even how Brett Godfrey got his start at Virgin Blue. It also contains an amusing account of why Virgin s bids for the UK national lottery have been knocked back.

    So what s all this about $25 million? Well in the last few years the Virgin empire has been spreading its wings into green fuels, and on page 316 you can see what they are doing to assist you to win $25 million.

    Overall, I would rate this book as a good, light read. 5 /10. It would make a great present for the Easter bunny to bring! If you would like Jeanne at the Educated Investor to deliver this book to your doorstep (well Australia Post anyway), click here.

    Currently I am reading a book titled The Snowball: Warren Buffet and the Business of Life by Alice Schroeder. Buffet is possibly the person I have read the most about over the last 5 years, as his story is truly amazing. However this book differs from the others, as this is the first time he has ever been involved in terms of the content.

    It was my birthday last month and as a consequence I have many books on the pile to read, so stay tuned! They include Trump Think Big and Kick Ass, Master CEOs, Rigged and Who Killed Channel 9?

    If you have read any books that you would like to submit a review of I would be more than happy to publish it for all of our other readers to enjoy. Post a comment with your e-mail address and I will send you my e-mail details.

    Reviewed by Damian Isbister

    Post to Twitter

    Tags: , , , , , , , , ,
    Posted in Trader Dealer News | No Comments

    Newer Entries »