Backstage Wall Street March 2, 2012
Posted by McGraw-Hill Education (Asia) in Highlights, Investment.Tags: bonds, breakouts, commodities, derivatives, emotion, financial instruments, Investing, market-tested, new york stock exchange, personal finance, Profit, psychology, reversals, signals, stock, Stock Market, strategies, technical analysis, timing, traders, trading, trends, wall street
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Backstage Wall Street
An Insider’s Guide to Knowing Who to Trust, Who to Run From, and How to Maximize Your Investments
Author: Joshua M. Brown
ISBN: 9780071782326 / 007178232X
©2012 | 1st Edition | 256 pages | Hardback
Pub Date: MAR-12
Price: US$ 28.00
Book Preview | Learn More
Chances are you haven’t been making the best investing decisions. Why?
BECAUSE THAT’S HOW WALL STREET WANTS IT
Wall Street is very good at one thing: convincing you to act against your own interests. And there’s no one out there better equipped with the knowledge and moxie to explain how it all works than Josh Brown. A man The New York Times referred to as “the Merchant of Snark” and Barron’s called “pot-stirring and provocative,” Brown worked for 10 years in the industry, a time during which he learned some hard truths about how clients are routinely treated—and how their money is sent on a one-way trip to Wall Street’s coffers.
Backstage Wall Street reveals the inner workings of the world’s biggest money machine and explains how a relatively small confederation of brilliant, sometimes ill-intentioned people fuel it, operate it, and repair it when necessary—none of which is for the good of the average investor.
Offering a look that only a long-term insider could provide (and that only a “reformed” insider would want to provide), Brown describes:
THE PEOPLE—Why retail brokers always profit—even if you don’t
THE PRODUCTS—How funds, ETFs, and other products are invented as failsafe profit generators—for the inventors alone
THE PITCH—The marketing schemes designed for one thing and one thing only: to separate you from your money
It’s that bad . . . but there’s a light at the end of the tunnel. Brown gives you the knowledge you need to make the right decisions at the right time.
Backstage Wall Street is about seeing reality for what it is and adjusting your actions accordingly. It’s about learning who and what to steer clear of at all times. And it’s about setting the stage for a bright financial future—your own way.
Endorsement
“With a smirk, a lashing wit, and an appropriate irreverence, Joshua Brown gives voice to what all investment professionals are—or should be—secretly thinking.”
—MICHAEL SANTOLI, Barron’s columnist
“The pages of this book are filled with colorful exposés of misconduct in the way Wall Street presents and sells itself (and its financial products offerings!). . . . Run don’t walk to read Brown’s chronicles of deception [perpetrated by] those wonderful folks on Wall Street, who nearly bankrupted the world’s fi nancial system a few short years ago.”
—DOUGLAS A. KASS, Seabreeze Partners Management, Inc.
“Everything you’ve ever read about Wall Street is a total lie. Everyone is lying to you every day. Until you read this book.”
—JAMES ALTUCHER, Formula Capital and author of I Was Blind but Now I See
“Joshua wants Wall Street to be awesome. You can feel it every day on his amazing blog and in this great book. He is happy to shout when Wall Street drives him crazy. I guarantee you will enjoy this book that describes the action behind the business of Wall Street and his own experiences along the way.”
—HOWARD LINDZON, Lindzon Capital and founder of StockTwits
Publicity
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The author of “Backstage Wall Street” reveals trade secrets to BusinessWeek. To read, pls click HERE
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Author’s interview on AdvisorOne.com
About the Author
Joshua M. Brown is the vice president of investments at Fusion Analytics Investment Partners. He created TheReformedBroker.com, which was listed by The Wall Street Journal as one of the top 10 must-read financial blogs. Brown lives in New York City.
Other books you might be interested:
- 9780071591584 Greenspan’s Bubbles
- 9780071787109 Abnormal Returns
The Forex Mindset June 2, 2011
Posted by McGraw-Hill Education (Asia) in Highlights, Investment.Tags: beating the odds, behavioral, Bollinger Bands, breakouts, Candlestick, commodities, commodity, consistency, Consistent, day trading, derivatives, emotion, entry, exit, Fibonacci, financial instruments stock market, floor trader, indicators, long term, market-tested, mental, odds, pattern, Profit, profitable, psychological, psychology, reversals, rogue, short term, signals, stock, strategies, Strategy, swing trading, technical analysis, timing, traders, trading, trends
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The Forex Mindset
The Skills and Winning Attitude You Need for More Profitable Forex Trading
Author: Jared Martinez
ISBN: 9780071767347 / 0071767347
©2011 | 1st Edition | 224 pages | Hardback
Pub Date: JUL-11
Price: US$ 35.00
Introduction | Learn More
Jared Martinez traded the forex market for a decade through the 1980s and ’90s before he discovered that successful trading requires 10 percent skill and 90 percent emotional intelligence. He founded the Market Traders Institute on that underlying principle, and now MTI is the most established leader in forex education worldwide.
Jared is known as “FXCHIEF” in the industry, and now, in The Forex Mindset, he shares his secrets with you.
Leadership experts and corporate executives are just waking up to what the FXCHIEF has known for more than 15 years—emotional intelligence matters. With The Forex Mindset, you get up close and personal with greed and fear, the two leading forces in the market. Everyone gets in for greed, but without a healthy understanding of fear, you may be in for one of the worst journeys of your life. This performance-oriented guidebook features a potent synthesis of psychology and strategy that will exponentially increase your ability to acquire wealth as a trader.
Even veteran traders with bulletproof trading strategies are doomed to fail if they don’t know themselves. The Forex Mindsetprepares you to be a successful trader by helping you identify your unique psychological strengths and weaknesses and how you naturally behave in times of financial crisis. With a newfound understanding of yourself, you can use this book to map out your own path to wealth by:
- Delving into human nature and market behavior
- Learning how to improve your emotional intelligence
- Doing what top traders do to control their emotions in trades and in times of crisis
- Implementing authoritative strategies for effective thinking in a state of fear
If you want to make a living from trading forex, apply the lessons in The Forex Mindset and you’re already 90 percent there!
About the Author
Jared F. Martinez (Lake Mary, FL) is the founder of Market Traders Institute, Inc., the worldwide leader in Forex education with more than 10,000 clients, and I-TradeFX Brokerage Firm. He is also a contributor to “FX Television,” Stocks and Commodities, FX Street, and Active Trader.
Other books you might be interested:
- 9780071421478 Safe Strategies for Financial Freedom
- 9780071476881 The 10 Essentials of Forex Trading
- 9780071478717 Trade Your Way to Financial Freedom
- 9780071486644 Way of the Turtle
- 9780071749084 Super Trader, Expanded Edition
The Speed Traders May 18, 2011
Posted by McGraw-Hill Education (Asia) in Highlights, Investment.Tags: algorithmic, automate, automated trading, automated trading desk, automation, black-box trading, Citigroup, collapse, dip, dow, dubai, electronic financial markets, flash crash, goldman sachs, HFT, math, nasdaq, panick, plunge, robo trading, selloff, strategic, strategies, Strategy, techie, Technical, Technology, Tradebot Systems, Tradeworx, trading, wall street
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The Speed Traders
An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World
Author: Edgar Perez
ISBN: 9780071768283 / 0071768289
©2011 | 1st Edition | 256 pages | Hardback
Pub Date: APR-11
Price: US$ 28.00
Introduction | Website | Learn more
The secrets of high-frequency trading revealed!
High-frequency traders have been called many things—from masters of the universe and market pioneers to exploiters, computer geeks, and even predators. Everyone in the business of investing has an opinion of speed traders, but how many really understand how they operate? The shadow people of the investing world, today’s high-frequency traders have decidedly kept a low profile—until now.
In The Speed Traders, Edgar Perez, founder of the prestigious business networking community Golden Networking, opens the door to the secretive world of high-frequency trading (HFT). Inside, prominent figures of HFT drop their guard and speak with unprecedented candidness about their trade.
Perez begins with an overview of computerized trading, which formally began on February 8, 1971, when NASDAQ launched the world’s first electronic market with 2,500 over-the-counter stocks and which has evolved into the present-day practice of making multiple trades in a matter of microseconds. He then picks the brains of today’s top players. Manoj Narang (Tradeworx), Peter van Kleef (Lakeview Arbitrage), and Aaron Lebovitz (Infinium Capital Management) are just a few of the luminaries who decided to break their silence and speak openly to Perez. Virtually all of the expertise available from the world of speed trading is packed into these pages.
You’ll get insight from HFT’s most influential trailblazers on the important issues, including:
- The basics of launching an HFT platform
- The important role speed traders play in providing market liquidity
- The real story behind the “flash crash” of May 2010
- Emerging global HFT markets
- M&A and consolidation among the world’s biggest exchanges
The Speed Traders is the most comprehensive, revealing work available on the most important development in trading in generations. High-frequency trading will no doubt play an ever larger role as computer technology advances and the global exchanges embrace fast electronic access.
The Speed Traders explains everything there is to know about how today’s high-frequency traders make millions—one cent at a time.
Interview
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CNBC, June 23
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Business News Network (BNN), August 19
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TheStreet.com, September 6
About the Author
Former McKinsey consultant and Columbia Business School MBA, Edgar Perez (new York, NY) is founder of Golden Networking (www.goldennetworking.net), premier networking community for business executives, entrepreneurs, investors and diplomats. Golden Networking has been frequently featured in the press, including recent articles in the Wall Street Journal, “Happy Hour for High-Frequency Trading,” the New York Times, “Golden Networking Helps Job Seekers Make Overseas Connections,” Los Angeles Times, “Speed-addicted traders dominate today’s stock market,” Reuters, “Revamp looms as trading experts huddle at SEC,” and Columbia Business School’s Hermes Alumni Magazine, “10 Under 10.” High-Frequency Trading and Edgar Perez’s Golden Networking have become interconnected. Edgar Perez is host of the popular monthly High-Frequency Trading Happy Hour business receptions in New York City, events that draw hundreds of practitioners every time and were recently featured in The Wall Street Journal.
Other books you might be interested:
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9780071486644 Way of the Turtle
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9780071743440 All About High-Frequency Trading
The Compleat Day Trader November 22, 2010
Posted by McGraw-Hill Education (Asia) in Investment.Tags: beating the odds, book, breakouts, commodity, emotion, entry, exit, financial instrument, Guide, How-to, long term, market-tested, odds, Profit, profitable, psychology, reversals, rogue, short term, signals, stocks, strategies, Strategy, swing trading, technical analysis, timing, traders, trading, trends
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The Compleat Day Trader
Author: Jake Bernstein
ISBN: 9780071663885 / 0071663886
©2011 | 2nd Edition | 240 pages | Hardback
Pub Date: JAN-11
Price: US$ 35.00
Learn More
THE BOOK DAY TRADERS RELY ON TO CAPTURE PROFITS AND LOWER RISK
The good news is that you can make more money than ever, more quickly than ever in today’s market–the bad news is that you can lose more money even faster! Never before has day trading been such an all-or-nothing game. Much has changed since The Compleat Day Trader was first published. Software is more powerful. Commissions are lower. Orders are executed at lightning speed. Markets never sleep. And, most important of all, stock and commodity markets are experiencing their most volatile period in history.
This new edition of The Compleat Day Trader addresses all these changes while retaining and significantly upgrading the bedrock tools and methods that have made it a classic in the field. You get a comprehensive overview and foundation on:
- The essential aspects of developing day-trading strategies
- Techniques for using momentum for timing and targets
- The newest tools, including depth of market
- The psychological pitfalls of trading–and how to avoid them
- Tracking major news events to improve your day-in, day-out profit potential
In today’s hyperactive, roller-coaster markets, you can’t be too prepared. Your decision making has to be spot-on every moment of the trading day, and you need to be working with the best tools available. The Compleat Day Trader is your first step to grabbing profits consistently in the high-stakes, high-profit-potential world of day trading.
Since The Compleat Day Trader was first published, the tools available to day traders have become incomparably more efficient and effective, thereby dramatically increasing your chances of success. On the flip side, day trading is much riskier and faster paced than ever before. Staying current isn’t an option for the serious day trader–it’s an absolute necessity.
Jake Bernstein has revamped his bestselling guide, The Compleat Day Trader, to bring you fully up to date on his trading model, methods, and indicators, all of which are designed to help you take advantage of dramatically increased volatility in the global stock, futures, and forex markets.
In order to generate profits consistently, you need to define your intraday time frames, implement a specific trading model, and develop objective and operational procedures.
The Compleat Day Trader walks you through these critical processes step by step to help you execute with focus, logic, and objectivity–no matter how volatile the markets may be. Bernstein’s powerful and clear tools are designed to give you the advantage you’ll need. Learn about his:
- MA Channel Swing Trade with Triggers and Setups
- MAC Patterns and Signals
- Power Momentum Day-Trade Formula
- MACD Divergence Setups and Triggers
- Gap Day-Trade Method
- Profit-Maximizing Strategies
- Media Day-Trade Strategy
For fifteen years, traders around the world have been relying on The Compleat Day Trader to help them achieve the highest possible levels of performance. Bernstein presents trading tools and methods that are clear and objective, unlike the mythical, magical, or subjective tools that are so common these days.
This refreshed, updated edition of The Compleat Day Trader provides you with the knowledge you need to make handsome profits while lowering your exposure–so you can rise to the top echelon of day traders.
About the Author
Jake Bernstein (Bonny Doon, CA) is president of MBH Commodity Advisors, Inc., and Bernstein Investments, Inc. He has authored more than 40 books on trading, investing, investor psychology, and economic forecasting. Bernstein has developed a number of trading systems, as including the Setup-Trigger-and-Follow Through (STF) trading model, which has been adopted by traders throughout the world. He is publisher of several investing newsletters, and his clients include some of the largest hedge funds, brokerage firms, market analysts, banks, and professional traders in the world.
Related Titles
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9780071361255 The Compleat Guide to Day Trading Stocks
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9780071459587 Mastering the Trade
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9780071478717 Trade Your Way to Financial Freedom
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