"Book Review" Posts

Quantitative Trading: How to Build Your Own Algorithmic Trading Business by Ernie Chan

By Lawrence

Summary: Good introduction to trading mechanically for yourself as a retail trader. Lower your expectations though as there is no top secret trading model disclosured. Matlab understanding useful but not necessary for a small part of the book. I would recommend this book if it is your first one on the subject. Book Information Quantitative […]

Algorithmic Trading: Winning Strategies and Their Rationale by Ernie Chan

By Lawrence

Summary: Good introductory text on algo trading with Matlab code example. Heavy on the technical side that beginners can learn from. If you are familiar with Matlab and interested in a career in the algo trading field, this book is for you. Book Information Algorithmic Trading: Winning Strategies and Their Rationale Written by Ernie Chan […]

Algorithmic Trading and DMA: An Introduction To Direct Access Trading Strategies by Barry Johnson

By Lawrence

Summary: A good introduction to algorithmic trading. It is a guided tour of the algorithmic trading world. It is packed with information if you have the prerequisite background to understand the lingos used in the book. Lacking either one of the two background knowledges, programming / order routing (the technical side) and firm trading, will […]

Manias, Panics and Crashes: A History of Financial Crises by Charles P. Kindleberger and Robert Z. Aliber

By Lawrence

Summary: Must read for those who are interested in understanding market crashes and macro trading. Not as useful for those whose trading or investing time horizon within a week or so. Overall a good book to keep as a reference. Book Information Manias, Panics and Crashes: A History of Financial Crises Written by Charles P. […]

Trading: How Transformative Learning Drives Expertises by Deirdre Lynch

By Lawrence
DeirdreLynch_TradingCourse

Summary: An educational course on transformative learning for traders with solid framework. Useful for trading newcomers to enforce a structure into their minds so that they can properly criticize themselves and evaluate their strength and weaknesses more objectively. Recommended for beginners who have trouble in self evaluation and planning on areas for improvement. Course Information […]

Trading Beyond the Matrix: The Red Pill for Traders and Investors by Van Tharp

By Lawrence

Summary: A mix of the old material Mr. Tharp written in the other books making him famous and testimonial style infomercial of his other products. Readable but not educational. Some other books from Mr. Tharp are much better. Not recommended. Book Information Trading Beyond the Matrix: The Red Pill for Traders and Investors Written by […]

Trade Your Way To Financial Freedom by Van Tharp

By Lawrence

Summary: One of the most important books on money management you will ever come across. It is also the trading book that everyone loves to hate. Recommended to all newcomers. Book Information Trade Your Way To Financial Freedom Written by Van Tharp [starreviewmulti id=2 tpl=31 size=’12’ average_size=’24’]

A Gift to My Children: A Father’s Lessons for Life and Investing by Jim Rogers

By Lawrence

Summary: A strongly opinionated book on what is good for one’s life. And the opinions coming from a famous speculator does not help as it is in direct clash against those who believe in playing safe in life. Hence it is not a book for everyone. I like it myself. Book Information A Gift to […]

Street Smarts: High Probability Short-Term Trading Strategies by Linda Bradford Raschke and Laurence Connors

By Lawrence

Summary: This book is one of the best books on short term discretionary trading setups. Clear rules and actual examples provided to illustrate the points. It is not a book giving you mechanical trading systems to copy from. Should be required reading for all daytraders. Highly recommended. Book Information Street Smarts: High Probability Short-Term Trading […]

Investment Biker: Around the World with Jim Rogers by Jim Rogers

By Lawrence

Summary: Good travel book with many interesting stories. The unique blending of Jim Rogers’ opinion about each country from the investment angle adds substance to the stories. An overall good read. Book Information Investment Biker: Around the World with Jim Rogers Written by Jim Rogers [starreviewmulti id=2 tpl=31 size=’12’ average_size=’24’]