November 2010

The Exchange-Traded Funds Manual, 2nd Ed.
(370 pages, $85 hardcover, 2010, ISBN 978-0-470-48233-9) by Gary L. Gastineau, published by John Wiley & Sons.

The original edition made the case for the superiority of investor-friendly exchange traded funds (Etfs) over mutual funds and helped investors select the best Etfs. But much has changed since then, and this new edition provides coverage of the latest Etf offerings, evaluation techniques, regulatory and tax changes, and trading cost reduction methods. It offers realistic evaluation of today’s index Etfs, insights on actively managed Etfs and new index funds, as well as guidance in fund and advisor selection. If you want to make Etfs a productive part of your portfolio, this book will show you how.

Additional information: www.wiley.com

Mastering The Currency Market
(305 pages, $34.95 hardcover, 2010, ISBN 978-0-07-163484-7) by Jay Norris, Al Gaskill, and Teresa Bell, published by McGraw-Hill.

The foreign exchange market is the largest trading market in the world, with average trading volume well into the trillions. Because the market is always characterized by high liquidity, forex traders benefit most from volatile markets. This is a guide to currency and futures trading strategies and techniques for both highly volatile and nonvolatile markets. The authors explain how to take advantage of the benefits of forex trading, including its low cost of entry, and the dynamic pricing by nature of the competitive marketplace. Apply the lessons presented and you’ll see profits rise during periods of high volatility, and when the market slows, you can downshift to countertrending methods.

Additional information: www.books.mcgraw-hill.com

Success In Commodities… The Congestion Phase System: Revised Ed.
(98 pages, $35 paperback, 1975 & 1980, ISBN 978-1452852294) by Eugene Nofri & Jeanette Nofri Steinberg, published by Success Publishing.

Volatility-shy traders may want to prepare for calmer markets by checking out this conservative but consistently profitable trading method. Since the late 1970s, the Congestion Phase System, as tested on computers, shows a probable success rate of 70% to 75%. The authors keep it simple with market basics and instructions for using 32 chart patterns that appear during periods of market stabilization. The system yields smaller but consistently profitable trades. The heart of the book is a sensible approach to profit-taking that has remained valid and reliable.

Additional information: www.successincommodities.com

The 21st Century Economy: A Beginner’s Guide
(316 pages, $14.95 paperback, 2009, ISBN 978-0-307-38790-5), by Randy Charles Epping, published by Vintage Books, a division of Random House.

It has become more important than ever to understand fundamental economic terms and concepts. Here you will find what you need to make sense of the economic trends behind today’s crises and tomorrow’s opportunities. The narratives and analogies presented here explain the rapidly changing way business is done in the 21st century. The role of central banks in the world economy, the benefits of green investing, and the ways trade wars can be avoided are all discussed. With 101 tools for surviving and thriving in the new global marketplace, this is a great read for anyone interested in understanding the complex economy of the world in which we live.

Additional information: www.vintagebooks.com

Trading 101: Trading Strategies For High And Low-Volatility Markets
(8+ hours, $599, five CDs, 2009) by Trading University.

Trading 101 teaches the investor how to trade forex, futures, and stocks and moves from an introduction to trading up through intermediate-level trading concepts. The video tutorials are a self-paced, self-study program allowing you to learn during hours that are most convenient for you. Trading 101 provides five trading methods that intermediate-level traders can use to start trading live, or for beginners, to start demo trading. The methods are simple to learn and don’t keep you tied to a proprietary trading platform. With Trading 101, you will learn to use the same methods top traders use every day in the markets.

Additional information: https://trading-u.com

The Ultimate Trading Robot
(207 pages, $49.50 hardcover, 200X, ISBN 978-0-9823897-1-3) by Joe Duffy, published by TradeWins Publishing.

This guide lets you take advantage of the natural entry points for almost any market. There are potential profits within the rhythm of the market. This book helps you find systems that work, and it lets you track and automate them in real time. It transforms your computer into an “intelligent trading assistant” that pinpoints possibly profitable buy/sell opportunities automatically. It is easy to use, even if you’re new to systems and trading. If you can load a chart onto your computer, this course will show you step-by-step how to dramatically increase your trading power — and possibly your trading results! There are many tools to be used and uncovered and you do not need to be a math whiz to find them.

Additional information: www.TradeWins.com