(192 pages, $50 hardcover, 2013, ISBN 978-1-118-15986-6) by Jeffrey A. Hirsch and John L. Person, published by John Wiley & Sons. BOOKS FOR TRADERS
(192 pages, $50 hardcover, 2013, ISBN 978-1-118-15986-6) by Jeffrey A. Hirsch and John L. Person, published by John Wiley & Sons.
The seventh edition of this almanac delivers new trading strategies and features. This edition explains how to trade stocks and exchange traded funds (ETFs) from the study of seasonal commodity and forex cycles. This takes seasonal studies further by including examples of highly correlated stocks that trade in tandem with respective commodities. It is a tool to assist participants when entering a new position or deciding to either move a stop-loss or add to a new position. The almanac is a resource for traders seeking to capitalize on the growing commodity and futures markets.
additional information: www.wiley.com
(230 pages, $59.95 trade paper, 2012, ISBN 978-0-988-3929-08) by Thomas E. Smith, Rebekah J. Nelson, Kristin V. Richards, and Victoria M. Shelton, published by Southeastern Professional Books.
Financial therapy blends financial management techniques with therapeutic interventions. The authors blend common sense and sophisticated therapy models in proposing financial therapy as a method to help people understand and change their behavior toward personal finances. It provides insightful answers in addressing the puzzling psychology of how people save and spend their money. This book provides more than two dozen techniques, complete with examples and a treatment manual.
additional information: www.Financialtherapycenter.com
(192 pages, $50 hardcover, 2013, ISBN 978-1-118-15987-3) by Jeffrey A. Hirsch and Yale Hirsch, published by John Wiley & Sons.
The 46th edition of the almanac is packed with new features and contains seasonal and cyclical updates. It alerts readers to little-known market patterns and tendencies that help investors forecast market trends with accuracy and confidence. The almanac makes investing easier by presenting techniques, tools, and pertinent statistics on past market performance. Strategies include the January barometer, the best six months switching strategy, and the four-year Presidential election/stock market cycle.
additional information: www.wiley.com
(198 pages, £16.99 hardcover, 2012, ISBN 978-0857192561) by Alastair Mundy, published by Harriman House.
People consider stubbornness as a qualification for a contrarian investor. At first blush, many stocks are attractive and other stocks may look like dogs. There is no trustworthy shortcut to separate the dogs from the delightful. It is the implementation of hard work and understanding a company’s business model. The bull arguments are often well hidden and can only be discovered through meticulous work, a skeptical mindset, and thought. This book should be essential reading for any investor, contrarian or otherwise.
additional information: www.Harriman-House.com
(54 pages, $50 digital, 2012, ISBN 978-0-9853072-6-4) by Laurence Connors, Cesar Alvarez, and Matt Radtke, published by Connors Research.
Many traders successfully trade stocks, ETFs, and leveraged ETFs with the two-period relative strength index (RSI). It’s considered by many to be the single best indicator for swing traders. Professional equity, ETF, and option traders rely on the two-period RSI as their main indicator. Here, you can learn how to apply it to your trading. It has dozens of stock strategy variations using the two-period RSI to apply to your stock trading, including the ability to customize this RSI to your trading goals and needs. We have quantified RSI setups, which have seen reliable gains with a high percentage of the trades being successful.
additional information: www.connorsresearch.com
(And How They Don’t) (343 pages, $40 hardcover, 2013, ISBN 978-1-118-49456-1) by Jack D. Schwager, with a foreword by Joel Greenblatt, published by John Wiley & Sons.
When it comes to investment models and theories of how markets work, convenience usually trumps reality. Unfounded assumptions, erroneous theories, unrealistic models, cognitive biases, emotional foibles, and unsubstantiated beliefs all combine to lead investors astray. This book takes aim at some of the most pervasive market precepts, money management misconceptions, and irrational investor behaviors. You’ll discover why: expert opinion is not more reliable than the proverbial dart-throwing chimp, the markets are not efficient, past returns are not a reliable indicator of future performance, and more. This is a source of market wisdom for investors of every ilk.
additional information: www.wiley.com