May 2010

7 Charting Tools For Spread Betting
(158 pages, £24.99 paperback, 2009, ISBN 978-190564-1840) by Malcolm Pryor, published by Harriman House, Ltd.

In this, the author’s third book on the subject, he provides the spread bettor with an understanding of the seven key charting tools. Each tool has a role to play in the success of the spread bettor and, used in combination, they can construct powerful trading strategies. It presents much of its teaching through carefully chosen examples of charts, focusing on practical technical analysis techniques directly relevant to spread bettors and traders.

Additional information: www.Harriman-House.com

The Active Asset Allocator: How Etfs Can Supercharge Your Portfolio
(276 pages, $29.95 hardcover, 2010, ISBN 978-1-59184-195-1) by Jennifer Woods with an introduction by Bruce Bond, a Portfolio book published by the Penguin Group.

This is a guide that shows how to balance the risks and rewards of various asset classes to match an investor’s goals. It also shows how to rebalance a portfolio over time, adjusting the allocation to generate higher returns with lower risk as market conditions change. Exchange traded funds (Etfs) figure prominently into the book’s advice and planning. The use of “enhanced,” “intelligent,” or “active” Etfs can generate alpha as they seek to produce returns in excess of traditional indexes. This is a definitive guide to asset allocation for the serious investor.

Additional information: www.penguin.com

Bonds Now! Making Money In The New Fixed Income Landscape
(195 pages, $29.95 hardcover, 2009, ISBN 978-0-470-54700-7) by Marilyn Cohen and Chris Malburg with a foreword by Steve Forbes, published by John Wiley & Sons.

The credit meltdown has completely reshaped the whole world of bond investing. Bonds have quickly become the safe haven of choice for investors. Fixed-income investing will never be the same. This book identifies the most recent changes in the bond market. It links the new rules with survival methods and fresh buy/sell principles. This resource shows individual investors how to make smart bond investments in the post–credit crisis era. It jumps right in and shows you how to build a safe bond portfolio designed to weather these turbulent economic times. There is only one way to guarantee you’re getting the right information — get it yourself. This will show you how to use the information once you have it.

Additional information: www.wiley.com

High-Frequency Trading: A Practical Guide To Algorithmic Strategies And Trading Systems
(337 pages, $70 hardcover, 2009, ISBN 978-0-470-56376-2) by Irene Aldridge, published by John Wiley & Sons.

Financial markets are undergoing rapid innovation due to the continuing proliferation of computer power and algorithms. Developments have created a discipline called high-frequency trading. Little information has been published to help investors. Here is the how-to manual for building high-frequency systems. While it covers sufficient depths to pinpoint the issues at hand, it leaves the mathematical complexities to the references found throughout the book. This resource highlights quantitative trading strategies and puts the creation and management of portfolios based on high-frequency strategies in perspective. This kind of trading is difficult but profitable in various market conditions, and it has what you need to make the most of your time in today’s dynamic markets.

Additional information: www.wiley.com

The Myth Of The Rational Market: A History Of Risk, Reward, And Delusion On Wall Street
(382 pages, £18.99 hardcover, 2009, ISBN 978-1-906659-69-1) by Justin Fox, published by Harriman House, Ltd.

This work is as much an intellectual whodunit as it is a cultural history of the perils and possibilities of risk. It brings to life the people and ideas that forged modern finance and investing. It’s a tale of professors who made and lost fortunes. It’s also a tale of Wall Street’s evolution, the power of the market to generate wealth and wreak havoc, and free market capitalism’s war with itself. The efficient market hypothesis has evolved into a powerful myth. Now, that myth is crumbling. Investors overreact, underreact, and make irrational decisions based on imperfect data. This book uncovers the new ideas that may come to drive the market in the century ahead.

Additional information: www.Harriman-House.com

Winning Edge Trading: Successful And Profitable Short- And Long-Term Systems And Strategies
(224 pages, $60 hardcover, 2009, ISBN 978-0-470-47275-0) by Ned Gandevani, published by John Wiley & Sons.

With major market changes continuing to occur and many investors still reeling from the recent financial meltdown, some people have no idea what to do next in the markets. This book provides both seasoned professionals and aspiring individuals with an approach toward becoming better traders and active investors. The approach outlined is based on long-term strategic planning, but short-term tactical management. It opens with a discussion of the new trading paradigm and moves on to address a trading system, trading psychology that will allow you to successfully navigate this dynamic environment. With the strategies and systems found here, you’ll be in a better position to maximize trading profits while minimizing potential risk.

Additional information: www.wiley.com