GENERAL
Investments
by William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey, William C. Sharpe
This book should be in every office. If you
want to know more about "betas" and how to organize your investment portfolio,
read this book. We have used it for many years as a reference manual.
Principles of
Corporate Finance
by Richard A. Brealey, Stewart C. Myers
One of the best book on fundamental analysis.
If you want to know about the theory of efficient portfolio, risk and return of the stock
market game, and corporate finance, this is one of the best books to read..
Market
Movers
by Nancy Dunnan, Jay J. Pack
An elegantly straightforward book. You can
read it as an introduction to economics.
The
Roaring 2000s
by Harry S., Jr. Dent
This book helped us to stay in the market
during the Fall of 1998. This is why we like it. If you need to be more optimistic, read
this book. The first part is particularly good.
DAY TRADING
The Electronic
Day Trader
by Marc Friedfertig, George West, George Piecznik
Useful information about intraday patterns and
how the exchanges work.
Trading Online
by Alpesh B. Patel
A good introduction.
Electronic
Trading Guide for NASDAQ Level 2
by Online Trading Academy
It is useful but hard to find. |
MATH
Introduction to
Probability Theory and Its Application
by William Feller
If you want to perform a
theoretical analysis of the stock market, you need to know the theory of random walks.
This is the best book on the subject. It is not an easy book, but here you can find the
solution to many problems related to the analysis of trading.
Statistics and
Econometrics
by Dominick Salvatore
Many books offer an introduction to
statistics, and this college course is one of them. Many examples and concise text - this
is why we like the book. We consult it often.
Fractals
by Jens Feder
This out-of-print book is excellent. The ideas
of fractal theory can be applied to the stock market analysis. You can find all the
pertinent equations and definitions. Simple language, many examples. It is hard to find
this book, but it definitely gives you what you need to perform a serious analysis.
Chaos Theory
Tamed
by Garnett P. Williams
To properly analyze the stock market you
should know chaos theory . Using 'lags' can be very interesting. We like this book, but we
are not sure it is the best one available. Let us know if you find something better.
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TRADING
and INVESTMENT
The
New Market Wizards
by Jack D. Schwager
Though little trading advises is offered, the
book is very helpful. You will feel the pulse of serious trading. J. Schwager is a very
smart guy and well worth reading.
Trading
for a Living
by Dr. Alexander Elder
We do not like classical technical analysis
since many price-volume patterns are not statistically proven. Nevertheless, we recommend
this book. It shows how the psychology of the crowd is related to market
moves. The author is an expert in this field.
A Random Walk
Down Wall Street
by Burton G. Malkiel
Prof. Malkiel criticizes fundamental analysis
and technical analysis as well. Ironically, it is a very book that stimulated us to start
developing our own trading strategies. We recommend to our users read this book. It is
worth knowing all opinions.
What Works on
Wall Street
by James P. O'Shaughnessy
This book is about fundamental analysis.
Computer analysis, many tables. We can recommend Mr. O'Shaughnessy's methods for general
investing. If you use part of your capital for investment, read this book.
Trading
Rules
by William F. Eng
Rule #18: Decrease your trading after a series
of successes. This is one of 50 rules described in the book. Think about these rules. Many
of them can help you save money.
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