"Review" Posts
Inside Out: An Insider’s Account of Wall Street by Dennis B. Levine and William Hoffer
By Lawrence
Summary: A first person account of one of the very famous insider trading scandals in the 1980s. The perspective is interesting as it exposed the behind the door scenes on how deals were made. The dynamics that happen around a deal from the people involved, to the wild swings in the stock prices and the […]
Fractal Market Analysis: Applying Chaos Theory to Investment and Economics by Edgar E. Peters
By Lawrence
Summary: Good book on the subject with reasonably clear explanation. College level math a requirement to read the book. Not a book for traders in general. More like a book for academics interested in analyzing market behaviours from afar. Book Information Fractal Market Analysis: Applying Chaos Theory to Investment and Economics Written by Edgar E. […]
Elliott Wave Principle: Key To Market Behavior by A.J. Frost and Robert R. Prechter
By Lawrence
Summary: The book that defines the Elliott Wave technical analysis method. The concepts presented in the book and the supposed confirmation of the principle by the example charts do not follow the principle of scientific method. Elliott Wave is not proved (nor disproved) to be useful for trading by the book although many people may […]
Investment Secrets of a Hedge Fund Manager: Exploiting the Herd Mentality of the Financial Markets by Laurence A. Connors and Blake E. Hayward
By Lawrence
Summary: Good book with clear trading rules. Many statistics and actual examples are there to explain what the trading setups are trying to accomplish. Not a book for beginners as the information provided are quite technical in nature. The language used can be offending to people who cannot put down their ego to see what […]
Beyond Technical Analysis: How to Develop and Implement a Winning Trading System, 2nd Edition by Tushar S. Chande
By Lawrence
Summary: Great introduction to trading system design. Not too complex, not too dry. Detail enough to be the text book on trading system design if it were used in a college degree course. The examples in the book are easy to understand even if you are not using TradeStation. Some statistics background necessary. Highly recommended […]
I Have a Strategy (No You Don’t): The Illustrated Guide to Strategy by Howell J Malham Jr
By Lawrence
Summary: This is a short book taking on the word strategy with humour. I have seen so many books written on the topic of trading strategies with huge diversity in their content that I cannot help but wonder what the word strategy really means. It is a fun read for those who question the very […]
Principles by Ray Dalio
By Lawrence
Summary: Not your usual trading book because 1. it is written by Ray Dalio, the founder of Bridgewater Associates, the worlds largest hedge fund; 2. It is a way to live and think where trading success will be the manifestation or outcome if you choose to; 3. It is so controversial some people call this […]
Winning In The Future Markets: A Money-Making Guide to Trading Hedging and Speculating, Revised Edition by George Angell
By Lawrence
Summary: A great introductory book on trading futures. Unlike those tour guide style trading books, the author essentially disclosed a practical method to trade commodity futures and specifically the S&P 500 index future. His LSS method is his distilled wisdom from classic trading techniques. Many famous traders nowadays all acknowledge this book as one of […]
What Works on Wall Street, Fourth Edition: The Classic Guide to the Best-Performing Investment Strategies of All Time by James O’Shaughnessy
By Lawrence
Summary: In 1990s, this book was the first of its kind trying to explain what produces superior return on investment based on measured statistics. The conclusions and investment ideas made in the book do not perform well since the publishing of the book. It is not a surprise as those concepts are purely derived from […]
Professional Stock Trading: System Design and Automation by Mark R. Conway
By Lawrence
Summary: A showcase of trading systems written for TradeStation. Examples are hand picked. The systems do not work well when applied in reality. Book Information Professional Stock Trading: System Design and Automation Written by Mark R. Conway [starreviewmulti id=2 tpl=31 size=’12’ average_size=’24’]
