Stocks & Commodities V.
18:14: Books for Traders
BOOKS FOR TRADERS
100 Best Internet
Stocks To Own by Greg
Kyle. Internet stocks are
today’s hottest sector —
with good reason! World-
wide Internet usage has
experienced a 45% com-
pound annual growth rate
since 1993. eCommerce
is expanding at a rate of
more than 100% per year.
eBusiness stocks closed
1999 up 541% and we
have barely scratched the surface. This book
shows you how to get in on this once-in-a-
lifetime opportunity. It provides thorough
descriptions, financial data, and oppor-
tunities/challenges for each company. Key
statistics, including market cap, price/sales
ratio, 1999 high/low stock price, and more
are also included. In addition, the book
presents the four basic models of the Web,
what they mean to investors, and the
strategies to identify the winners in the
Internet sector while understanding the risk
factors.
Softcover, 2000, $19.95, 262 pages,
ISBN 0071357254. Published by McGraw-
Hill, 11 West 19th St., New York, NY 10011,
614 755-4151, fax 212 337-4092,
www.mcgraw-hill.com.
The 100 Best Internet Stocks To
Own For The Long Run: Investing
In The Internet Economy And The
Companies That Make It Click by
Gene Walden. Just as the world
experienced the industrial revolution
in the early 20th century, we are at
the start of a new revolution in the
21st — the Internet. Virtually every
industry involved in the Internet
economy is poised for tremendous
growth, creating unprecedented
investing opportunities.
This book is a compilation of
the most essential Internet
industries and companies.
Each sector is reviewed in
detail, with an industry
overview, explanation of key
technologies, market
niches, economic business
models, and future pros-
pects.
Softcover, 2000, $19.95,
371 pages, ISBN
0793138507. Published by
Dearborn, a Kaplan Professional Company,
155 N. Wacker Drive, Chicago, IL 60606-1719.
US orders: 800 829-7934, international orders:
Dallas French, 312 836-4400, fax 312 836-
1021, www.dearborn.com.
The 100 Best Stocks To Own In America:
Sixth Edition by Gene Walden. For more
than a decade, investors have turned to the
previous editions of this book as a trusted
source for selecting stocks with outstanding
long-term growth. The top 10 picks of the last
edition all boasted double-digit returns —
their average return over a two-year period
was more than 97%! Completely updated,
the sixth edition of this classic includes 22
new stocks and covers scores of inside
stories and insights that bring these best
buys of the market into even sharper focus.
Only the top companies make the cut.
Starting from 2,000 stocks, the stocks that
make the 100 best have proven their worth
to investors.
Paperback, 1999, $22.95, 419 pages,
ISBN 0793131693. Published by Dearborn, A
Kaplan Professional Company, US orders:
800 829-7934, international orders: Dallas
French 312 836-4400, fax 312 836-1021,
http://www.dearborn.com.
Active Portfolio Man-
agement: A Quanti-
tative Approach For
Producing Superior
Returns And Con-
trolling Risk by
Richard C. Grinold and
Ronald N. Kahn. This
mathematically rigorous
and meticulously
organized book outlines
an innovative process to
uncover raw signals of
asset returns. It then develops them
into refined forecasts to
construct portfolios that
combine exceptional
return and minimal risk.
That was in 1994. This
second edition now sets
the bar even higher. It
outlines an active
management framework
that begins with a
benchmark portfolio,
then defines exceptional
returns as they relate to that
benchmark. It sheds new light
on some of today’s most pressing
issues, including risk, dispersion,
market impact, and performance
analysis, while providing empirical
evidence where appropriate. The result
is an updated, comprehensive set of
strategic concepts and rules of thumb
for guiding the process of — and
increasing the profits from — active
investment management.
Hardcover, 2000, $70, 596 pages,
ISBN 0070248826. Published by
McGraw-Hill, 11 West 19th St., New York,
NY 10011, 614 755-4151, fax 212 337-4092,
http://www.mcgraw-hill.com.
Advanced Fixed-Income Valuation Tools
edited by Narasimhan Jegadeesh and
Bruce Tuckman. In response to intense
competition and higher market volatility,
players in the fixed-income market now
demand increasingly sophisticated
valuation tools. Cutting-edge players today
need a deep understanding of how convexity
Copyright (c) Technical Analysis Inc.
and risk permia affect
bond yields and
returns; of how
multifactor term
structure models can
improve hedging
performance; and of
how to improve the
accuracy and
efficiency of Monte
Carlo analysis. This
book brings together
contributions from 24 finance professionals
and academics from top investment banks,
consulting firms, and universities. Topics
covered include: the similarities and
differences among term structure models;
multifactor models and models with jumps;
modeling credit risk; the muni–Treasury
spread; foreign currency options; and
efficient numerical valuation techniques.
This book arms the reader with the
knowledge and tools needed to succeed in
the competitive and rapidly evolving field of
quantitative fixed-income investing and
trading. Hardcover, 2000, $79.95, 414
pages, ISBN 0471254193. Published by
John Wiley & Sons, Wiley Book Order
Department, 1 Wiley Drive, Somerset, NJ
08875, 800 225-5945, 732
469-4400 ext. 2497, http://
www.wiley.com.
The Amazing Life Of
Jesse Livermore, World’s
Greatest Stock Trader:
Wall Street Legend, Greek
Tragedy Life by Richard
Smitten. Jesse Livermore
is considered by many of
today’s top Wall Street
traders as the greatest
trader who ever lived.
Livermore broke new ground in trading the
market. His timing techniques, money
management systems, and high-momentum
approach to trading in stocks and
commodities were revolutionary, and they
remain valid today. He made a fortune in the
crash of 1907 and later lost it, only to make
it and lose it several more times. In the panic
of 1907, by selling short, he made $3 million
in one day. He sold the market short before
the crash of 1929, and entered the
Depression with $100 million in cash. He
worked out of a highly secure office fortress
on New York’s posh Fifth Avenue. Once the
market was open, no one in the office was
allowed to speak until the market closed. He
was a complex genius whose life’s ambition
was to win on Wall Street.
Hardcover, 1999, $29.95, 283 pages,
ISBN 0934380597. Published by Traders
Press Inc., PO Box 6206, Greenville, SC
29606, 800 927-8227, fax 864 298-0221,
http://www.jesselivermore.com.
Barron’s Guide To Making Investment
Decisions, Revised & Expanded by
Douglas Sease and John Prestbo. This
Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
updated and expanded edition of the best-
selling Barron’s investment guide helps the
serious investor set up a lifetime investment
program that maximizes opportunity,
minimizes risk, and can be easily modified to
meet changing financial circumstances and
goals. This new edition reflects the dramatic
changes in the economy and the markets
over the past few years, while retaining the
easy-to-read style and practicality of the
original. The book draws on examples
straight from the pages of Barron’s, as well
as the insights from hundreds of money
managers and investment strategists.
Softcover, 1999, $16, 358 pages, ISBN
0735200440. Published by New York
Institute of Finance, an imprint of Prentice
Hall Press, Penguin Putnam Order
Department, phone 800 788-6262, fax 201
896-8569.
A Beginner’s Guide To
Day Trading Online by
Toni Turner. This book
contains the tools, tips,
and secrets you’ll need to
succeed in the highly
profitable world of day-
trading. You don’t need to
be an expert to start using
these step-by-step tech-
niques, including setting
up your home office with
the right equipment,
choosing an Internet
broker, weighing the pros and cons of using
a daytrading center, trading on margin,
keeping a trading log, spotting the easy chart
patterns, and some winning Level II tactics.
Softcover, 2000, $14.95, 283 pages, ISBN
1580622720. Published by Adams Media, 260
Center Street, Holbrook, MA 02343, 800 872-
5627, 781 767-8100, fax 781 767-0994,
storemanager@adamsmedia.com.
The Bond Bible by Marilyn Cohen. This
book shatters many of the myths that
surround bonds. Cohen explains bonds in
everyday language and shows why bonds
belong in everyone’s portfolio. Bonds offer a
number of advantages over
stocks, and contrary to popular
opinion, they can provide a
sizable return on investment, not
just safety. The author takes you
through the various types of
bonds available, detailing the
pros and cons of each. She
shows you which kinds of bonds
are likely to be the best bargains
at any given time and how you can
figure this out for yourself.
Hardcover, 2000, $24, 238
pages, ISBN 0735201382.
Published by New York Institute of
Finance, an imprint of Prentice Hall
Press, Penguin Putnam Order
Department, phone 800 788-6262, fax
201 896-8569.
Capitalize On
Merger Chaos by
Thomas M. Grubb
& Robert B. Lamb.
Merger mania is at
an all-time peak.
Yet up to 80% of
mergers fail
because of culture
clashes, misman-
agement, and the
chaos that ensues.
Taking this failure
rate into account, the authors have written a
book that arms managers with strategies to
exploit the many growth and profit
opportunities created when competitors are
coping with merger chaos. They present a
fast-paced primer for action when your
corporate rivals merge, based on six
strategies that can be used individually or in
combinations. The result is must reading for
operations managers at all levels,
investment bankers, and mergers and
acquisition specialists.
Hardcover, 2000, $28, 212 pages, ISBN
068486777X. Published by The
Free Press, A Division of Simon &
Schuster, 1230 Avenue of the
Americas, New York, NY 10020,
www.simonsays.com.
ChangeWave Investing:
Picking The Next Monster
Stocks Of The New Economy by
Tobin Smith. Does it seem like
everyone is getting rich with
today’s “new-economy” stocks ...
everyone but you? This book
gives you tested investment
strategies and stock-picking models that
help you secure your future faster. Stop
wasting time and money on old-economy
losers. Discover explosive growth
companies before Wall Street or your
neighbor, turn limited resources into
unlimited rewards, avoid pushing the panic
button in volatile markets, and gain an army
of allies with the single common focus of
explosive wealth creation. Investors can
preview the first three chapters
for free at http://www.change.
Hardcover, 2000, $24.95, 226
pages, ISBN 1885167-35-0.
Published by Bard Press, 1515
S. Capitol of Texas Hwy., Suite
107, Austin, TX 78746, 512 329-
8373, fax 512 329-6051,
www.swcollege.com.
The Complete Guide To
Electronic Futures
Trading: Everything You
Need To Start Trading
Online by Scott Slutsky
and Darrell Jobman.
Electronic trading systems
have become a reality. In
futures exchanges around
the world — in fact, in
Copyright (c) Technical Analysis Inc.
nearly every exchange except the US —
electronic trading has become the standard.
By eliminating costly, time-consuming
middlemen and providing virtually immediate
information, transmission of data, and trade
execution, it has become the clear choice for
futures traders. This book prepares you for
this new trading reality. The authors combine
computer hardware and software knowledge
with first-person accounts of the aspects
unique to electronic futures traders. They
cover what the electronic trader needs: pre-
trade analysis, the brokerage connection, the
exchange function, methods for electronic
trading, and trading rules for electronic
traders. Electronic trading is faster, more
flexible, more efficient, and provides a level
playing field for every trader, regardless of
size. The transition to screen trading is never
easy, but it is inevitable.
Hardcover, 2000, $29.95, 201 pages,
ISBN 0071353127. Published by McGraw-
Hill, 11 West 19th St., New York, NY 10011,
614 755-4151, fax 212 337-4092,
www.mcgraw-hill.com.
Confessions Of A Venture
Capitalist by Ruthann
Quindlen. This book helps you
bypass the most common errors
made by startup entrepreneurs. It
provides everyone, business-
persons and casual readers
alike, with an intimate, front-row
understanding of how the venture
capital economy and Silicon
Valley are radically changing the
world we all inhabit. Here, behind
closed-door meetings, you’ll
watch the decisionmakers at
work. You’ll see what the big investors look
for: How not only numbers and projections
count, but passion and commitment. You’ll
learn from real-life examples, both rookie
mistakes and hard-won successes.
Hardcover, 2000, 218 pages, $25.95
ISBN 0446526800. Published by Warner
Books, A Division of Time-Warner, 1271
Avenue of the Americas, New York, NY
10020, http://www.twbook.com (Time
Warner Trade Publishing encourages you
to shop for books in a way most convenient
for you).
Contrary Opinion: Using Sentiment To
Profit In The Futures Markets by R. Earl
Hadady. “The facts are unimportant! It’s
what they are perceived to
be that determines the
course of events,” says
author Hadady. Conven-
tional wisdom has it that the
ups and downs of the
futures markets are
dictated by the eternal
struggle between the
forces of supply and
demand. But as a
contrarian, the author
demonstrates in this
Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
unconventional guide to winning in the
futures markets that nothing could be further
from the truth. In reality, the futures markets
are a money game, in which trader sentiment
and the herd instinct, not economics, control
the action, and the players with the most
leverage always win in the end. So, does that
mean that, as far as the small investor is
concerned, futures are a no-win
proposition? Not at all. It only means that if
you want to win in futures you have to do
what the big traders do. Buy when the market
is bearish and sell when the bulls start to run.
Hadady arms you with the tools you’ll need to
develop a winning contrarian trading plan of
your own.
Hardcover, 2000, $49.95, 194 pages,
ISBN 0471363537. Published by John Wiley
& Sons, Wiley Book Order Department, 1
Wiley Drive, Somerset, NJ 08875, 800 225-
5945, 732 469-4400 ext. 2497, http://
www.wiley.com.
Cyber Investing:
Cracking Wall Street With
Your Personal Computer,
second edition by David
L. Brown and Kassandra
Bentley. Thanks to the
online revolution, anyone
with a PC has instant
access to the same vital
facts and figures as the
pros. But all that information
is just a lot of numbers
unless you have the right
tools to make sense of it all — and a solid
investment strategy to help you meet your
goals. This completely revised and updated
edition of Cyber Investing gives you both.
This book shows you how to unlock the
potential of your PC and discover
extraordinary investment opportunities. The
book comes with a 31/2 inch disk containing a
stock market analysis program.
Hardcover, 1997, $59.95, 309 pages,
ISBN 0471169870. Published by John Wiley
& Sons, Wiley Book Order Department, 1
Wiley Drive, Somerset, NJ 08875, 800 225-
5945, 732 469-4400 ext. 2497, http://
www.wiley.com.
Cyclic Analysis by J.M.
Hurst. Traders Press
president Edward
Dobson had for many
years heard that the work
of J.M. Hurst was of great
value to technical
analysis, especially in the
area of cyclical analysis
of stock price movement.
Believing it was important
that Hurst’s work be kept
alive, Dobson made a special project of
resuscitating the Hurst research in its various
forms. After persevering through a number of
challenges, the project reached fruition with
the publication of this booklet. Hurst wrote this
booklet as a summary and overview of his
very lengthy Hurst Cycles Course, which is
once again also available from Traders
Press after being out of print for many years.
Softcover, 1974, $19.95, 33 pages,
ISBN 0934380560. Published by Traders
Press, Inc., PO Box 6206, Greenville, SC
29606, phone 800 927-8222, 864 298-
0222, E-mail Tradersprs@aol.com, http://
www.traderspress.com.
Dance Of The
Money Bees: A
Professional
Speaks Frankly On
Investing: Revised
Edition by John
Train. “Only through
deep understanding
and superior tactics
can the investor
hope to preserve
even part of what he
has earned, and it
gets harder every
year… In preserving capital the right
attitude is indispensable. You must be
passive in deciding to buy, but aggressive
in searching out the values and in digging
all the way down to the rock of reality…
The safe time to invest is when people
are discouraged or desperate, and the
safe thing to buy is what isn’t wanted.”
Paper, 2000, $19.95, 210 pages,
ISBN 0870341456. Published by Fraser
Publishing Company, 309 South Willard
Street, PO Box 494, Burlington, VT 05402,
800 253-0900, fax 802-658-0260,
info@fraserbooks.com, http://www.-
fraserbooks.com.
The Day Traders: The Untold Story Of The
Extreme Investors And How They
Changed Wall Street Forever by Gregory
J. Millman. This book goes behind the
scenes to reveal the truth about a modern
gold rush that has people from all walks of life
playing the market online, in real time, just
like Wall Street’s biggest pros. This is the
story of the extreme investing scene, where
the upside dazzles and the threat of financial
injury is dire. The markets we know as “Wall
Street” will never be the same. This is a story
of people testing themselves against almost
impossible odds. Step inside a daytrading
course and take an objective look at the
methods and lessons of the game. Meet
other would-be traders, all eager to join the
virtual gold rush and try their luck at a high-
stakes game whose first rule is: Forget
everything you ever knew about investing.
Hardcover, 1999, $25, 253 pages, ISBN
0812931866. Published by Times Books, a
division of Random House, Random House
Information Group, 201 East 50th St., New
York, NY 10022, 800 733-3000 or 410 848-
1900, http://www.randomhouse.com.
Copyright (c) Technical Analysis Inc.
The Disciplined Online
Investor by Steven J.
Hendlin, Ph.D. As we
enter the 21st century,
easy access to once-
proprietary trading tools
and technical strategies
has created a virtual
trading revolution.
Markets regularly sky-
rocket, and then plummet,
with seemingly little rhyme
or reason. Yet in all the
media hype and analysis
of these phenomena, one essential trader’s
tool remains unchanged — and virtually
ignored. That tool is the trader’s mind. It is
the trader’s mind that moves the markets.
This book introduces and explains vital
psychological concepts as they relate
specifically to the fast-moving high-risk,
high-return arena of electronic trading.
Conversational and free of jargon, this book
will change the way you perceive the trading
arena and make you a more perceptive
online investor.
Hardcover, 2000, $29.95, 260 pages,
ISBN 007135994X. Published by McGraw-
Hill, 11 West 19th St., New York, NY 10011,
614 755-4151, fax
212 337-4092,
www.mcgraw-
hill.com.
The Disciplined
Trader: Developing
Winning Attitudes by
Mark Douglas. With
rare insight based on his first-hand commodity
trading experience, the author demonstrates
why the beliefs we learn to function in society
are often formidable psychological barriers in
trading. After examining the causes for the
development of losing attitudes, Douglas
prepares the reader for a thorough “mental
house cleaning” of deeply rooted concepts and
traditional thought processes. Then he shows
the reader how to develop and apply attitudes
and behaviors that transcend psychological
obstacles and lead to success. This book gives
an overview of the psychological trading
requirements, defines the problems of
becoming a successful trader, gives insights
into what behavior might need to be changed,
and how to develop specific trading skills.
Hardcover, 1990, $34.95, 236 pages,
ISBN 0132157578. Published by New York
Institute of Finance, an imprint of Prentice Hall
Press, Penguin Putnam Order Department,
800 788-6262, fax 201 896-8569.
Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
The Dynamic Option
Selection System: Analyz-
ing Markets And Managing
Risk by Howard L. Simmons.
Options are among today’s
most versatile and potentially
rewarding investment
vehicles. They can also be
difficult to master. In this
comprehensive guide to
options, the author gets you
up and running with the
knowledge and skills you
need to exploit options’ full
potential as profit-making or hedging
instruments. This book is a primer for
canny individual investors getting
started in options, and a cornucopia
of valuable insights and ideas for
experienced traders.
Hardcover, 1999, $59.95, 269
pages, ISBN 047132051X.
Published by John Wiley & Sons,
Wiley Book Order Department, 800 225-5945,
732 469-4400 x2497, http://www.wiley.com.
Dynamic Trading:
Dynamic Concepts In
Time, Price and Pattern
Analysis With Practical
Strategies For Traders
And Investors by Robert
C. Miner. This book is the
second edition of a com-
prehensive trading
course. It not only teaches
the reader a complete
and unique approach to technical analysis,
but the trading strategies and trade
management necessary for successful
trading as well. In addition, this book teaches
the reality of trading. This version
includes more examples with interday
data and more stock examples.
Hardcover, 1997, $97, 559 pages,
ISBN 0967513103. Published by
Dynamic Traders Group, Inc., 6336 N.
Oracle, Suite 326-346, Tucson, AZ
85704, 520 797-3668, fax 520 797-
2045, dt@dynamictraders.com,
www.dynamictraders.com.
eBoys by Randall E.
Stross. An inside
account of life within a
Silicon Valley venture
capital firm, eBoys is the
true story of the six tall men
who backed eBay,
Webvan, and other billion-
dollar startups that are
transforming the Internet.
For two years, author Stross
gained unprecedented
access to the venture
capitalists at Benchmark,
the upstart firm founded by 30-something
renegades whose average height happens
to be 6 feet 5 inches. Since Benchmark’s
founding in 1995, each partner’s net worth
has increased, on average, $100
million annually.
Hardcover, 2000, $25.95, 327
pages, ISBN 0812930959.
Published by Crown Business, an
imprint of Random House. Orders
are taken online, or they will help you
locate a bookstore near you, but
Random House no longer sells
directly to the public. http://
www.randomhouse.com.
Electronic Day Trading
Made Easy by Misha T.
Sarkovich. Once limited to
the major players on Wall
Street, daytrading has
become a dynamic,
ultracompetitive tool for
individual investors. Some
traders make hundreds of
thousands of dollars a year,
but many others lose their life
savings. The key to successful daytrading is
not based on luck. It is based on skill,
discipline, and determination. In this book,
Sarkovich shows you how to balance the
risks and rewards of daytrading to maximize
your long-term success. In it, you will
discover ways to develop your own strategy
and risk management tools, analyze real-
time price data properly, forecast trade
signals, and more. It also includes a step-by-
step guide that can be used with an online,
interactive Website, where you can
experience the world of daytrading without
risking any real money.
Hardcover, 1999, $29.95, 335 pages,
ISBN 0761521348. Published by Prima
Publishing, PO Box 1260BK, Rocklin, CA
95677, 916 632-4400, http://
www.primalifestyles.com.
Encyclopedia Of Chart
Patterns by Thomas N.
Bulkowski. Technical
chart analysis has never
been easy. It has, how-
ever, been historically
successful — and well
worth the added effort —
for dedicated investors
who want to presage
what a stock will do next
and regularly beat the markets. This
definitive text by Bulkowski, who is a
frequent STOCKS & COMMODITIES contributor,
details over 50 chart patterns that signal
whether a stock is in bullish, bearish, or
neutral mode. It identifies each chart pattern,
explains how and why each chart was
formed, and where it will go next. You simply
filter the information through your own
trading style and strategy, watch for the
optimal entry and exit points, and trade the
markets with skill and confidence. The result
is a valuable technical analysis reference,
and one that will increase your likelihood of
buying near the price bottom and selling near
the top.
Copyright (c) Technical Analysis Inc.
Hardcover, 2000, $79.95, 672 pages,
ISBN 0471295256. Published by John Wiley
& Sons, Wiley Book Order Department, 1
Wiley Drive, Somerset, NJ 08875, 800 225-
5945, 732 469-4400 ext. 2497, http://
www.wiley.com.
The Encyclopedia Of
Trading Strategies by
Jeffrey Owen Katz, Ph.D.,
and Donna L. McCormick.
The majority of commodity
traders struggle day in and
day out to lock in their profits
— and, more often than they
would care to admit, lose
everything they brought to
the table and more. Why?
Because they don’t take the time to uncover
and understand the regularly occurring,
exploitable inefficiencies that rise out of the
normally efficient market each trading day.
This book gives futures and options traders
hundreds of innovative ways to take profits
out of the market and gain an edge on every
trade. Without a large dose of luck, any
trading system that relies on intuition and
guess-work will fail.
Hardcover, $60, 376 pages, ISBN
0070580995. Published by McGraw-Hill, 11
West 19th St., New York, NY 10011, 614
755-4151, fax 212 337-4092, www.mcgraw-
hill.com.
Exceptional Trading: The
Mind Game by Ruth
Barrons Roosevelt.
Winning eludes some 80%
to 90% of people who trade.
Each year, millions of
dollars are spent creating,
buying, and selling trading
systems. Hopeful traders
seek the Holy Grail, only to
find that their latest
acquisition doesn’t work, or
that they can’t work it. Information flow is
instant and vast. Computers calculate and
grind out data 24 hours a day around the
globe. And still traders lose. The good news
is that some traders do win. This book
examines the clues and shows traders
seeking to win how to fine tune their own
minds the way winning traders do.
Hardcover, 1999, $39.95, 211 pages,
ISBN 0934380546. Offered by Traders Press,
Inc., PO Box 6206, Greenville, SC 29606, 410
964-0026, fax 410 964-0027,
or 800 272-0003, http://
www.traderslibrary.com.
Expert Trading Systems:
Modeling Financial
Markets With Kernel
Regression by John R.
Wolberg. Investors and
traders have long relied upon
mathematical models to
forecast changes in stock
prices and market volatility.
Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
Until recently, two distinct approaches have
dominated the field: technical analysis and
fundamental analysis. Now, thanks to the
increase in low-cost computing power,
powerful new methods have emerged
known as multidimensional nonlinear
computer modeling. This book focuses on
one of the most important of these new
methods, kernel regression: a nonlinear,
nonparametric modeling technique capable
of handling massive amounts of diverse data
and generating predictions with the speed
and accuracy of neural networks, using a
mere fraction of the computing power. This is
a guide to this powerful price and modeling
technique.
Hardcover, 2000, $59.95, 235 pages,
ISBN 0471345083. Published by John
Wiley & Sons, Wiley Book Order
Department, 1 Wiley Drive, Somerset,
NJ 08875, 800 225-5945, 732 469-4400
ext. 2497, http://www.wiley.com.
Fast Stocks, Fast Money: How To
Make Money Investing In New Issues
And Small Company Stocks by Robert
Natale. The author has
spent more than 20 years
picking stocks. In this book,
he turns his decades of
experience and instinct into
a blueprint for finding solid,
innovative companies at
reasonable prices. This is
more than just another get-
rich-in-the-market book.
Natale explains the
underpin-nings of the
small-cap and IPO
markets. This helps you
understand not just how and when, but why
these markets provide today’s best risk-
adjusted returns. His writing style makes
even the intricate strategies easy to
understand. In addition to telling you where
to invest, he tells you what companies and
strategies to avoid. While the book helps you
know when to buy, just as important, it will tell
you when to get out.
Hardcover, 2000, $21.95, 416 pages,
ISBN 0070459800. Published by McGraw-
Hill, 11 West 19th St., New York, NY 10011,
614 755-4151, fax 212 337-4092,
www.mcgraw-hill.com.
The Four Biggest Mistakes
In Futures Trading by Jay
Kaeppel. This book will help
you trade futures profitably
by showing you how to
identify — and avoid —
making four common
mistakes that can derail
your plan and reduce your
profits. Following on the
heels of his original book,
system developer Kaeppel
now focuses his attention
on the volatile futures market and shows how
to trade these markets to their advantage.
You’ll learn how to assess whether you are
financially and emotionally ready to trade
futures and determine how much money you
can afford to risk. You’ll learn what leverage
is and how it can be used to generate above-
average returns without exposing yourself to
too much risk, and understand why “fearing”
the market is better — and safer — than
downplaying risk.
Softcover, 2000, $19.10, 110 pages,
ISBN 1883272084. Published by
Marketplace Books, PO Box 2466, Ellicott
City, MD 21041. To order: 800 424-4550, E-
mail john@traderslibrary.com, http://
www.traderslibrary.com.
The Fourth Mega-
Market Now Through
2011: How Three Earlier
Bull Markets Explain The
Present And Predict The
Future by Ralph
Acampora with Michael
D’Antonio. This book by a
popular financial guru
helps readers take
advantage of the
astounding perfor-mance
of the current stock market
by comparing it to the three previous
megamarkets in American history.
History shows us the ways that
investors will react under certain
circumstances, and the author shows
us that looking back is the best way to
see what’s coming ahead. He offers
advice on spotting and protecting
yourself from the inevitable corrections
that occur with regularity in every
megamarket; he explains how
psychology and politics influence the market;
and he gives us the tools to analyze the
performance of various market segments and
individual stocks. Finally, he makes exciting
predictions of just where the megamarket will
go before it ends.
Hardcover, 2000, $24.95, 240 pages,
ISBN 0786866519. Published by Hyperion,
77 W. 66th Street, New York, NY 10023-
6298 800 934-5252, hyperion@abc.com.
Global Trade Financing by Harry M.
Venedikian and Gerald A. Warfield.
Formerly titled Export-Import Financing, this
has been the definitive book in its field. It
provides global traders, US and foreign
bankers, and students of global commerce
with a complete and in-
depth guide to every
aspect of global trade
financing. Inside this
book you’ll find the
latest techniques and
vehicles for financing all
types of export and
import operations at
every state of the
process. This book
begins with an overview
of the most important
Copyright (c) Technical Analysis Inc.
organizations that make contributions to the
financing of trade and related services.
Detailed descriptions are also provided on
the services of commercial banks as well as
the key private nonbank institutions that may
be of financial assistance to exporters and
importers. The steps involved with executing
a transaction are spelled out along with the
rights and responsibilities of the parties
involved. It is clearly written and easy to use,
and contains the information needed to keep
pace with the ever-changing nature of
international finance.
Hardcover, 2000, $79.95, 500 pages,
ISBN 0471352608. Published by John Wiley
& Sons, Wiley Book Order Department, 1
Wiley Drive, Somerset, NJ 08875, 800 225-
5945, 732 469-4400 ext. 2497, http://
www.wiley.com.
Guide To Mutual
Funds 2000 by Kirk
Kazanjian. According
to statistics, one in
three Americans now
owns shares in at least
one mutual fund. How
do you pick just one,
with more than 9,000 to
choose from? This
book shows readers in
clear-cut language how to sift through the
thousands of choices to find the perfect fund.
A combination of bible and encyclopedia for
mutual fund investors, this annual
investment tool is completely updated to
reflect the realities of the year 2000. It
provides performance data, mutual fund
Websites, and detailed profiles of 100
powerhouse performers. Investors can gain
a firm understanding of how mutual funds
work, their advantages and drawbacks, how
to buy them, and the funds that best meet
their personal needs and objectives.
Paperback, 1999, $20, 463 pages, ISBN
0735201307. Published by New York
Institute of Finance, an imprint of Prentice
Hall Press, Penguin Putnam Order
Department, phone 800 788-6262, fax 201
896-8569.
The Handbook Of Equity
Derivatives by Jack Clark
Francis, William W. Toy, and
Gregg Whittaker. Never
before has there been so
much interest in equity
derivatives — or so much
innovation in structuring
these products. As new
forms of instruments
proliferate, their complexity
has grown as well. Even
equity derivatives profes-
sionals are unlikely to know all the details
about every existing structure. With equity
derivatives making up one of the most
important components of the capital
markets, it’s more crucial than ever for
Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
every financial professional, specialist, and
nonspecialist alike to understand how
derivative instruments behave, how they’re
structured, and how to use them profitably.
This book provides a clear introduction to
equity derivatives.
Hardcover, 1999, $95, 696 pages, ISBN
0471326038. Published by John Wiley &
Sons, Wiley Book Order
Department, 1 Wiley Drive,
Somerset, NJ 08875, 800
225-5945, 732 469-4400
ext. 2497, http://
www.wiley.com.
Hit And Run Lessons:
Mastering The Trading
Strategies by Jeff Cooper.
This trading manual lets
you spend a few weeks
looking over the shoulder of a professional
trader during trading hours. The manual
gives you the blow-by-blow analysis that
goes into each of Cooper’s trades. Using
annotated lessons, it guides you through
individual trades made from his strategies,
and gives traders access to his thoughts as
he prioritizes among dozens of market
conditions to choose the stocks that are most
likely to follow through the next day.
Paperback, 1999, $75, 147
pages, ISBN 189375605X.
Published by M. Gordon
Publishing Group, 213 955-
5777, fax 213 955-4242, http://
www.mgordonpub.com.
How The Futures Markets
Work, second edition by Jake
Bernstein. What kind of
“investment” requires minimum
startup capital, no major
investment in equipment, no
lease or space requirements,
and no fixed location from
which work has to be done? It is not a “dot-
com” startup! But to the unknowing investor,
it’s just as profitable and risky. The trading of
futures has long been a money-making,
albeit risky, game of high stakes with little to
no initial investment capital. Unfortunately,
many naive investors do not always realize
the great risk of this investment tool — they
can lose more money than they actually start
out with.
Bernstein starts with the basics, and the
specifics of daily operations on the trading
floor. The average investor armed with
information, persistence, and skill can earn
great rewards with minimum investment.
However, trading futures requires much
discipline, organization, and commitment. In
jargon-free language, backed by explicit and
lucid examples, this book is an authoritative
primer that demystifies every aspect of
futures trading.
Softcover, 2000, $20, 328 pages, ISBN
0735201293. Published by New York
Institute of Finance, an imprint of Prentice
Hall Press, Penguin Putnam Order
Department, phone
800 788-6262, fax
201 896-8569.
How The Stock
Market Works,
second edition by
John M. Dalton.
The second edition
of this book updates
and expands its
introduction to Wall
Street for individual
investors and
beginning financial professionals
alike. This primer explains the
workings of the securities industry as a
whole, including the initial public
offering, types of stocks, executing
orders on the exchange floor, the role of
the specialist, and the major theories of
market analysis. This second edition adds six
new chapters that cover subjects such as
why individuals and institutions buy stocks,
how to read the financial press, closed-end
and open-end funds, stock options,
corporate balance sheets, and how capital
gains are taxed. Regardless of your
experience or present knowledge, this guide
will give you information you need.
Hardcover, 2000, 325 pages,
$17.95, ISBN 0130978663.
Published by New York Institute of
Finance, an imprint of Prentice Hall
Press, Penguin Putnam Order
Department, phone 800 788-6262,
fax 201 896-8569.
How To Be An
Index Investor by
Max Isaacman.
Today’s mutual fund
managers will try
every trick in the
book to beat leading
indices. Still, more
often than not, the
indices consistently
come out on top!
Millions of investors
flock to index mutual
funds, whose prices
change only at the end of the trading day —
but these aren’t the answer for today’s fast-
moving investors. The answer is listed index
securities — and this is the first book to tell
you what you need to know about these little-
known tools of the pros. From QQQ and DIA
to SPDRs and WEBS, this book will show
you index security strategies, techniques on
shorting the indices, how WEBS will add
global diversification to your portfolio, a
course in investing fundamentals, and more.
Hardcover, 2000, $34.95, 259 pages,
ISBN 0071356835. Published by McGraw-Hill,
11 West 19th St., New York, NY 10011, 614
755-4151, fax 212 337-4092, www.mcgraw-
hill.com.
Copyright (c) Technical Analysis Inc.
How To Trade
Cattle Futures: (If
Hillary Can Do It, So
Can You!) by Clif
Droke. Move over,
Internet stocks! If
you enjoy trading,
this book is for you.
Cattle futures — long
the province of the
“smart money” inside
traders — provide an excellent vehicle for
consistently making money, year after year,
in up or in down markets. That is because
cattle futures (unlike most stocks and
commodities) are highly seasonal and less
subject to the prolonged “sideways” periods
that characterize most traded securities.
With the techniques given in this book, you
could find yourself trading beside the big-
money insiders. As a bonus, the parabolic
analysis discussed in the book can be used
for all traded securities.
Hardcover, 2000, $19.95, 133 pages,
ISBN 0967069750. Published by Publishing
Concepts, 816 Easely St., #411, Silver
Springs, MD 20910, 301 495-0870.
The Independent
Fiduciary: Investing For
Pension Funds And
Endowment Funds by
Russell L. Olson. Pension
and endowment fund invest-
ing is one of today’s fastest-
growing investment cate-
gories, yet there continues to
be a surprising lack of
practical guides and
references to tax-free insti-
tutional investing principles
and practices. While the book explores an
array of best practices and proven techniques,
it is not an investment manager’s “cookbook”
offering one-size-fits-all strategies. Rather, it
describes the principles and tools needed to
develop a solid investment program and
challenges you to tailor them in the most
effective way for your organization.
Hardcover, 1999, $69.95, 324 pages,
ISBN 0471353876. Published by John
Wiley & Sons, Wiley Book Order
Department, 1 Wiley Drive,
Somerset, NJ 08875, 800
225-5945, 732 469-4400
ext. 2497, http://
www.wiley.com.
Index Your Way To
Investment Success:
Build Your Portfolio With
Professional Techniques
by Walter R. Good and
Roy W. Hermansen, with a
forward by John C. Bogle.
Shouldn’t you know who’s managing your
money? Can you call the manager directly?
Sometimes, a passive approach is a better
approach — especially in today’s bull
market. Record amounts of investors’
Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
dollars are continually flowing into index
funds, and returns have been none too
shabby! First used by institutional investors,
index funds have gained extreme popularity
among individual investors as an easy-to-
manage investment strategy. This book
explains why index funds typically outperform
actively managed mutual funds, and how
individual investors can develop a well-
constructed portfolio of index mutual funds
and gauge their performance.
Paperback, 1999, $16, 269 pages, ISBN
0735201358. Published by New York
Institute of Finance, an imprint of Prentice
Hall Press, Penguin Putnam Order
Department, phone 800 788-6262, fax 201
896-8569.
Intelligent Futures
Trading by Chick
Goslin. Trading, espe-
cially futures trading,
produces as few
“champions” as any
profession. Studies
have shown that well
over 85 percent of all
traders end up losing.
Yet, incredibly, every
day tens of thousands
of otherwise intelligent individuals
attempt to compete in this extremely
challenging profession of futures trading
armed with little more than hunches. This
book spells out the momentum-driven
trading techniques that form the
cornerstone of the author’s personal
market approach. His momentum method
anticipates the direction and duration of
imminent new “breaking” price moves by
analyzing how quickly, or how slowly, price is
changing in the market.
Hardcover, 1997, $55, 178
pages, ISBN 0930233638.
Published by Windsor Books, 800
321-5934 (US & Canada) or 516 321-
7830, fax 516 321-1435, http://
www.windsorpublishing.com.
International Encyclopedia
Of Technical Analysis by
Joel G. Siegel, Jae K. Shim,
Anique Qureshi, and Jeffrey
Brauchler. Investors are
firmly entrenched in two
camps: those who believe that
economic and financial
fundamentals are the keys to
investment success, and
those who prefer some form or
other of technical analysis. To
serve those who use technical
analysis, the authors have
written a practical, useful, and
comprehensive guide to all the major and
minor technical analysis systems used by
today’s investor and financial professionals.
Technical analysis systems are discussed in
depth, with detailed attention to the pros and
cons of each. A mini-dictionary of terms,
concepts, and market issues, which are part
of the technical analysis landscape, is also
included. The book presents each trading
system and strategy complete with related
terms, charts, graphs, analysis, full
explanations with illustrations, and
examples.
Hardcover, 2000, $45, 350 pages, ISBN
0814404715. Published by AMACOM, 1601
Broadway, New York, NY 10019, 800 714-
6395, 212 903-8315, http://
www.amanet.org.
John Bogle On Investing: The First 50
Years by John Bogle, with a foreword by
Paul A. Volcker. Barely out of his teens, but
already firm in his conviction that mutual fund
shareholders were not getting a fair
shake, John Bogle turned in an
exhaustively researched thesis entitled
The Economic Role Of The Investment
Company . That thesis — ground-
breaking, innovative, and reprinted word-
for-word for the first time
— changed the future
course of investing. This
book presents 25
speeches and one
masterful thesis by the
man who has been called
“the conscience of the
mutual fund industry.”
They all revolve around
one theme: Efficient,
economical alternatives
must be made to all
investors.
Hardcover, 2001, $29.95, 455 pages,
ISBN 0071364382. Published by McGraw-
Hill, 11 West 19th St., New York, NY 10011,
614 755-4151, fax 212 337-4092,
www.mcgraw-hill.com.
Magnet Investing: Build A
Portfolio & Pick Winning
Stocks Using Your Home
Computer by Jordan Kimmel.
This book introduces a new
computer-based stock-
selection process called
MAGNET. This proprietary
system combines aspects of
value and momentum investing
to create a model that has
produced returns almost twice that of
the S&P 500 over the last 10 years.
The acronym, MAGNET, incor-
porates and describes the key
characteristics that are common in
companies at the point when their
stock undergoes a major advance.
Investing tips advocated include
investing early in life, developing a
strategy, sticking with your plan, and then
looking for the following: management that is
outstanding, improving momentum,
accelerating earnings, a growth rate that
exceeds valuation, new products or
management, emerging industry or product
opportunity — and, still, the timing must be
Copyright (c) Technical Analysis Inc.
right. A CD containing Telescan Investor’s
Platform comes with the book.
Softcover, 2000, $24.95, 239 pages,
ISBN 0962600369. Published by Next
Decade, Inc., 39 Old Farmstead Rd.,
Chester, NJ 07930-2732, 800 595-5440,
phone/fax 908 879-6625, http://
www.nextdecade.com.
The Market Maker’s
Edge: Day Trading
Tactics From A Wall
Street Insider by Josh
Lukeman. Even
seasoned daytraders
occasionally find
themselves marveling at
the strategic skills and
trading successes of
today’s top market
makers. As they set the
tone of the markets
worldwide, these market makers must also
remain aware of key economic announce-
ments, developing trends, and breaking news
events, all while staying one step ahead of
traders, who are out to beat them at every
turn. This book reveals exactly how makers
maintain their edge. Regardless of what kind
of trader you are, this book will let you see the
little-known but effective trading tactics and
methods of today’s top market makers.
Hardcover, 2000, $34.95, 294 pages,
ISBN 0071359753. Published by McGraw-Hill,
11 West 19th St., New York, NY 10011, 614
755-4151, fax 212 337-4092, www.mcgraw-
hill.com.
Market Rap: The
Odyssey Of A Still-
Struggling Commodity
Trader by Art Collins.
Few books depict both the
up and down sides of the
trading world as
completely as this one.
The author leaves his job
with a generous, secure
income to pursue the life of
a full-time floor member,
and in so doing endures the loss of security,
the consternation of his family, and personal
demons that threaten to undermine his
dream. His odyssey is poignant and funny,
harrowing, and altogether human. His trials
will strike familiar chords with anyone who
has ever traded a market, and his tribulations
will similarly enrich the reader. This book is
for anyone who appreciates honesty over
hype.
Softcover, 2000, $24.95, 229 pages,
ISBN 0934380619. Published by Traders
Press Inc., PO Box 6206, Greenville, SC
29606, 864 298-0222, fax 864-298-0221, or
800 927-8222, http://www.traderspress.com.
Mastering Technical Analysis by Michael
C. Thomsett. If you’re a long-time investor,
chances are you’ve based your approach to
stock selection on an analysis of the
Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
company’s fundamen-
tals. If these are your
primary indicators of a
stock’s value, you are
missing out on a vital
aspect of investing. The
author reminds readers
that the investing cycle is
not the same as the
business cycle. The
market consists of an
auction whose partici-
pants have the final say
on the question of a stock’s price and value.
Your personal selection system should
include indicators that will help you judge
market strengths and weaknesses, and how
that may affect stock prices, volatility and
volume, and determine support for the
current price ranges of stocks. If you can
incorporate technical analysis into your
stock selection strategy, you will be well
on your way to developing a more
thorough understanding of the markets.
Hardcover, 1999, $27, 252 pages,
ISBN 0703133599. Published by
Dearborn, A Kaplan Professional
Company, 155 N. Wacker Drive,
Chicago, IL 60606-1719, US orders:
800 829-7934, international orders:
Dallas French, 312 836-4400, fax 312
836-1021, http://
www.dearborn.com.
Meltdown: Asia’s Boom,
Bust, And Beyond by
Mark L. Clifford and Pete
Engardio. The ruins of
Asia’s catastrophic 1997
economic collapse still lie
scattered across the far
eastern landscape. Empty
shopping centers in
Jakarta; skyscrapers full of
unoccupied office space in
Pudong, China; the abandoned elevated
rapid-transit system in Bangkok; the rusting
iron frameworks of unfinished construction
from Korea to Java. What happened? How
could a region that had experienced
unheard-of economic growth collapse
financially overnight? In this book, two
experienced observers of Asia’s rise and fall
tell a riveting story of financial arrogance and
greed.
Hardcover, 2000, $28, 328 pages, ISBN
0735201412. Published by New York
Institute of Finance, an imprint of Prentice
Hall Press, Penguin Putnam Order
Department, phone 800 788-6262, fax 201
896-8569.
The Mind Of The Market:
Spiritual Lessons For The
Active Investor by F.J.
Chu. In this book, the author
refers to the recurrence of
“social amnesia” throughout
our financial history; that is,
the willful repression of
things we already knew but forget because
they are extremely disturbing. But curiously,
the overwhelming quantity and availability of
information about our financial markets also
trigger a form of social amnesia in reverse:
we assume we already know about things of
which we have barely a clue. This mental
confusion helps to sustain our burgeoning
financial services industry. In questioning
the complacency and platitudes brought on
by a deliriously long bull run, this book seeks
no less than to construct a philosophy of
mind as applied to the financial mind and
action of the markets.
Hardcover, 1999, $30, 149 pages, ISBN
0870341332. Published by Fraser
Publishing Company, PO Box 494,
Burlingon, VT 05402, 800 253-0900, fax 802
658-0260, info@fraserbooks.com,
www.fraserbooks.com.
The Nature Of Risk:
Stock Market Survival &
The Meaning Of Life by
Justin Mamis. After years
of watching the market
continue to go up and up,
the idea of risk has lost its
meaning for many traders.
People are taking more
risks by investing more
money. They seem to feel
immune to negative
consequences. Since
calculated risk-taking is
fundamental to successful stock market
investing, every investor can gain by
knowing how to assess risk. This book
draws convincing parallels between
risk-taking in the market and dealing
with the ambiguities of life. By learning
to see risk as a choice, we can free
ourselves to act. The author details the
steps to understanding the
information we have in order to
minimize our risks. By asking pertinent
questions, we can overpower anxiety and
proceed to make reasonable choices.
Paperback, 1999, $18, 241 pages, $18
paperback, ISBN 0870341324. Published by
Fraser Publishing Company, PO Box 494,
Burlingon, VT 05402, 800 253-0900, fax 802
658-0260, info@fraserbooks.com, http://
www.fraserbooks.com.
The New Options Market,
fourth edition by Max
Ansbacher. If you’re looking to
get involved in the excitement,
challenge, profit, and diversity
that options provide, then this is
the book for you. From buying
calls on a hot new stock and
earning some extra cash by
selling covered calls to selling
uncovered options and buying
puts, the author will guide you
through all the possibilities in the world of
options and help you make the best
decisions. In this completely updated fourth
Copyright (c) Technical Analysis Inc.
edition, Amsbacher outlines options
strategies in easy-to-read language and
includes detailed examples that show
exactly how they work. With its expert
guidance and detailed information, this book
offers the best opportunity to come out a
winner in options trading.
Hardcover, 2000, $39.95, 302 pages,
ISBN 0471348805. Published by John Wiley
& Sons, Wiley Book Order Department, 800
225-5945, 732 469-4400
x2497, http://
www.wiley.com.
New York Institute Of
Finance Guide To
Investing, third edition by
Michael Steinberg. With
the huge expansion of the
stock market and the
increased access to the
markets made possible by
electronic trading, individual
investing has never been
easier — or more profitable. As swiftly as the
markets grow and change, however, the first
rule of investing remains the same:
Investigate before you invest. This book
gives you the information needed for smart
investing. This edition also features
information on all the latest changes and
possibilities in the financial markets, plus
and in-depth look at the role of the computer
for investors. The author is an independent
investment broker and has taught training
courses on the various facets of investing.
Softcover, 2000, $20, 304 pages, ISBN
073520117X. Published by New York
Institute of Finance, an imprint of Prentice
Hall Press, Penguin Putnam Order
Department, phone 800 788-6262, fax 201
896-8569.
Options On Foreign
Exchange, second
edition by David F.
DeRosa. It is well known
that foreign exchange is
the world’s largest
financial market. What is
less well known is that
the market for currency
options and other
derivatives on foreign
exchange is also
massive and still
growing. This book has been
written for end- users of currency
options and newcomers to the field
of foreign exchange. It employs the
real-world terminology of the
foreign exchange market
whenever possible so that readers
can make a smooth transition for
the text to the actual market
practice.
Hardcover, 2000, $69.95, 222
pages, ISBN 0471316415. Published by
John Wiley & Sons, Wiley Book Order
Department, 1 Wiley Drive, Somerset, NJ
Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
08875, 800 225-5945,
732 469-4400 ext. 2497,
http://www.wiley.com.
Portfolio Theory &
Capital Markets: The
Original Edition by
William Sharpe, Ph.D.
Thirty years ago, Portfolio
Theory And Capital
Markets laid the ground-
work for today’s invest-
ment standards, from
modern portfolio theory to deri-
vatives pricing and investment,
equity index funds, and more. By
providing invaluable insights into the
capital asset pricing model (CAPM)
and introducing such innovations as
the Sharpe ratio, Sharpe established
himself as one of the most influential
financial minds of the 20th century.
Sharpe has written a new foreword that
reintroduces this essential book — and
places its lessons in meaningful context for
modern investors throughout the world.
Sharpe was awarded the 1990 Nobel Prize
in Economic Sciences. He is also professor
emeritus of finance at Stanford University’s
graduate school of business.
Hardcover, 2000, $34.95, 316 pages,
ISBN 0071353208. Published by McGraw-
Hill, 11 West 19th St., New York, NY 10011,
614 755-4151, fax 212 337-4092, http://
www.mcgraw-hill.com.
The Predictors: How A
Band Of Maverick
Physicists Used Chaos
Theory To Trade Their
Way To A Fortune On Wall
Street by Thomas A. Bass.
The idea of using chaos
theory as a predictive tool
had long intrigued scientists
Doyne Farmer and Norman
Packard. They asked
themselves, What nearby
phenomena look random but actually contain
hidden structure? This book is an often
hilarious chronicle of how two scientists
attempted to decode and model the complex
patterns underlying the apparently random
movements of the commodity, currency, and
equity markets. It’s an adventure in the world of
money, an odyssey into a universe defined by
the mystical convergence of physics and
finance.
Hardcover, 1999, $25, 309 pages, ISBN
0805057560. Published by Henry Holt and
Company, 115 West 18th Street, New York,
NY 10011, 212 886-9200, fax 212 633-
0748, publicity@hholt.com, http://
www.henryholt.com.
Pricing Financial Instruments: The Finite
Difference Method by Domingo Tavella
and Curt Randall. Numerical methods for
solving financial instrument pricing
equations are fast becoming essential for
practitioners of modern quantitative
finance. Among the most promising of
these new computational finance
techniques is the finite difference method.
Here’s a comprehensive overview of this
revolutionary quantitative approach to risk
management. This book details the
algorithmic and numerical procedures
that are the foundation of both modern
mathematical finance and the creation of
financial products, and
demonstrates how the
techniques described can be
used to accurately price
simple and complex derivative
structures.
Hardcover, 2000,
$79.95, 237 pages, ISBN
0471197602. Published by
John Wiley & Sons, Wiley
Book Order Department, 1
Wiley Drive, Somerset, NJ
08875, 800 225-5945, 732 469-4400 ext.
2497, http://www.wiley.com.
The Profit Magic Of Stock Transaction
Timing by J.M. Hurst. J.M. Hurst is a legend
to knowledgeable individuals interested and
involved in the study of
cyclical price movement in
the financial markets. He
was the first true pioneer in
the computerized research
into the nature of stock price
action. His conclusions were
first presented in the original
publication of this book in
1970. This book has become
a classic and is held in
exceptionally high esteem by
serious technical analysts and market
students.
Softcover, 2000 (reprint), $25, 223
pages, ISBN 0934380627. Published by
Traders Press Inc., PO Box 6206, Greenville,
SC 29606, 800 927-8282, 864-298-0222, E-
mail Tradersprs@aol.com, http://
www.traderspress.com.
The Proof Of The Pudding
(What Has Worked For Us)
by Herbert Hart. Others write
“how to do it” books; this is a
“how we did it” book. Not the
theory, but a practical story
about how the author went
from modest financial
beginnings to sitting on the
beach in Monte Carlo. It has
worked for him. It may be
useful to you. Small warning:
The magic formula applies
only if you’re now 20 years old or less! But
regardless of your age, this book will provide
you with a systematic guide to looking after
your capital, as it details a three-way guide to
long-term investment. You could become a
better investor, have a few laughs, and sleep
better if you follow this book’s guidance.
Softcover, 2000, $19.95, 140 pages,
Copyright (c) Technical Analysis Inc.
ISBN 0870341367. Published by Fraser
Publishing, 309 S. Willard St., PO Box 494,
Burlington, VT 05402, 800 253-0900, fax
802 658-0260, www.fraserbooks.com.
Puzzles Of Finance: Six Practical Problems
And Their Remarkable Solutions by Mark P.
Kritzman. Six challenging questions ... six
entertaining solutions, profound yet
straightforward, and relevant to the everyday
challenge of investing and
investment management.
This book takes on
today’s most persistently
challenging financial
questions and, through
clever examples and just
plain logic, helps you
move beyond those
questions to arrive at a
deeper understanding of
finance and the daily
management of money.
The day-to-day finance
professional will derive the most benefit from
this book, but the intellectually curious will
also be drawn to it.
Hardcover, 2000, $29.95, 187 pages,
ISBN 0471246573. Published by John
Wiley & Sons, Wiley Book Order
Department, 1 Wiley Drive, Somerset,
NJ 08875, 800 225-5945, 732 469-
4400 ext. 2497, http://
www.wiley.com.
An S-Shaped Trail To Wall Street:
Survival of the Fittest Reigns at the
Stock Market by Theodore Modis,
Ph.D. This book pre-
sents a new way of
thinking about the stock
market. You can under-
stand the forces behind
the stock exchange by
treating stocks as spe-
cies competing for
investors’ money, in the
same way that rabbits
compete for grass on a
range. Survival of the
fittest is more funda-
mental than speculation. Stocks
compete for investors’ dollars as
species compete for food in nature.
Price does not constitute a
competitive variable because it does
not correspond to some kind of “food”
the way dollars and shares do. Dollars
can be spent once. Shares can be
bought by only one person at a time.
There is nothing that prevents every
stock from having the same price.
Paperback, 1999, $49, 201 pages, ISBN
29700021609. Published by Growth
Dynamics, Rue Beau Site 2, Geneva 1203,
Switzerland, phone 41 22 345 5624, fax 41 22
345 4354, http://www.growth-dynamics.com.
Searching For Alpha: The Quest For
Exceptional Investment Performance by
Stocks & Commodities V. 18:14: Books for Traders

BOOKS FOR TRADERS

Ben Warwick. Can 500 and Dow futures and options Hardcover, 1999, $49.95, 209 pages,
anyone win the investing contracts, private investors and ISBN 0071351531. Published by McGraw-
game? Considering the professional traders can now join the Hill, 11 West 19th St., New York, NY 10011, 800
small number of mutual major players actively trading the most 927-8222, fax 864 298-0221, http://
funds that produce popular broad markets. The author www.traderspress.com., tradersprs@aol.com.
market-beating returns, provides a comprehensive overview of
the task may seem nearly everything traders and investors need to The Survival Guide For
impossible. Even so, there know about the different types of stock Traders: How To Set-
remains an elite group of indices and how they are traded. She Up And Organize Your
investment professionals explains how the index Trading Business by
who manage to produce you are trading is Bennett A. McDowell,
market-beating returns, designed, calculated, with a foreword by Bill
year after year. What is and targeted for a Williams. McDowell pro-
their edge? Their edge is defined as alpha — particular type of vides a guide for traders
which represents the portion of an investor. just getting started.
investment fund’s return that is generated Hardcover, 1999, Thanks to the technology
solely by the skills of the portfolio manager. $39.95, 254 pages, available today, the
Say goodbye to dry investment theory and ISBN 0471295396. trading profession has
hello to a rich cast of characters. Published by John become accessible to anyone with the
Hardcover, 2000, $29.95, 202 pages, Wiley & Sons, Wiley passion to pursue it. The key is for traders to
ISBN 0471348228. Published by John Wiley Book Order Depart- follow their passion and develop the skills
& Sons, Wiley Book Order Department, 1 ment, 1 Wiley Drive, necessary to be profitable.
Wiley Drive, Somerset, NJ 08875, 800 225- Somerset, NJ 08875, 800 225-5945, 732 469- Paper, 2000, $99.95, 73 pages, ISBN
5945, 732 469-4400 ext. 2497, http:// 4400 ext. 2497, http://www.wiley.com. 0970338708. Published by
www.wiley.com. TradersCoach.com Press,
Stock Trading Wizard: 10755-F Scripps Poway Parkway,
Short-Term Trading Advanced Short-Term Trading Suite #477, San Diego, CA 92131,
With Price Patterns Strategies For Swing And Day 858 695-0592, fax 858 695-1397,
by Michael Harris. Trading by Tony Oz. This book www.traderslibrary.com.
There were two discloses the author’s short-term
objectives in mind trading strategies in a simple yet Tape Reading For The 21st
when this book was comprehensive manner. The book Century by Clif Droke. This book
written: to provide covers the essential elements for uncovers the lost secrets of
futures traders with short-term trading. It was designed classical tape reading combined
specific trading by the author for everyone who is with several modern
systems, and to serious about trading stocks for a approaches. The
provide a methodology living. Among other things, the result is a method of
to employ these book covers technical analysis, trading the markets
systems in systematic Level II quotes, advanced order that captures profits at
trading. Both of these execution systems, market psychology, every degree of the
elements working in synergy are required to psychology of trading, secrets to successful trading cycle. Utilizing
win in futures trading. A skilled trader uses a trading, money management, stock this trading method,
trading methodology to take advantage of screening formulas, and much more. The traders learn the
this prospect in a way that is appropriate, and author did not stint on paper and included crucial science of
is consistent with the requirements of the numerous charts and tables in his attempt to combining price with
trading system in use. The global financial paint a clear stock trading system. volume to achieve
system is a very complex, dynamic process. Hardcover, 1999, $96, 179 pages, ISBN extraordinary fore-
It seems difficult for even the most well- 0967386209. Published by Tony Oz casting accuracy.
educated, well-trained human minds to Publications, tonyoz@stockjunkie.com, http:// Droke places special emphasis on trading
predict the movement of capital in a way that www.stockjunkie.com. volume and how it can be used to predict
will lead to systematic gains. This book price objectives.
attempts to deal with the nature of the futures Strategies For The Softcover, 2000, $29.95, 128
markets by adopting a short-term trading Online Day Trader: pages, ISBN 0967069718. Published by
approach based on historical price patterns Advanced Trading Publishing Concepts, 816 Easely St.,
that can be easily programmed into a Techniques For Online #411, Silver Springs, MD 20910, 301
computer and monitored daily. Profits by Fernando 495-0870.
Hardcover, 2000, $49.95, 208 pages, Gonzalez and William
ISBN 0934380600. Published by Traders Rhee. Electronic day Technical Analysis Applications In
Press Inc., PO Box 6206, Greenville, SC trading is a fast-growing The Global Currency
29606, 800 927-8282, 864 298-0222, E- and exciting enterprise. Markets, second edition
mail Tradersprs@aol.com, http:// But if you think electronic by Cornelius Luca. In
www.traderspress.com. trading is a game, you recent years, the foreign
won’t survive. This book is written for currency markets have
Stock Index Futures Options: The Ins & the current trader who is serious about experienced blockbuster
Outs Of Trading Any Index, Anywhere by raising his or her level of expertise and growth, driven by flocks of
Susan Abbott Gidel. Like so many other becoming an electronic day trader. traders — who are attracted
areas of the market, stock indices have This realistic look at the world of by the markets’ inherent
traditionally been out of reach for the electronic day trading familiarizes you profitability and limited
individual investor and small trader. But with the psychology and philosophy credit risk — looking to
thanks to the recent creation of E-mini S&P behind day trading. speculate or hedge their

Copyright (c) Technical Analysis Inc.

Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
exposures. This book gives you the charting
weapons to fight and win the all-important
forecasting battles in the currencies
markets. He shows how you can use today’s
software to simplify the many complex
combinations and subdivisions of these
advanced systems. This second edition is
updated to include issues surrounding the
introduction of the euro and the expansion of
electronic trading. Inside the back cover is a
CD-ROM with charting software.
Hardcover, 2000, $80, 362 pages, ISBN
0735201471. Published by New York
Institute of Finance, an imprint of Prentice
Hall Press, Penguin Putnam Order
Department, phone 800 788-6262, fax 201
896-8569.
Technical Analysis Of The
Financial Markets: A
Comprehensive Guide To
Trading Methods And
Applications by John J.
Murphy. In response to
widespread demand, John
Murphy has completely
updated and revised his
Technical Analysis Of The
Futures Markets to cover all
financial markets. While it
retains the clarity, simplicity, and logical
structure that made the earlier book so
popular, this book covers all the new
techniques in charting and the many recent
developments in this fast-changing field.
Every chapter has been updated. There is
new emphasis on the stock market,
hundreds of up-to-date illustrations, and
three completely new chapters featuring
extensive information on stock market
indicators, candlestick charting, and
intermarket analysis. This book is an
invaluable tool that guides you from the
basics through the latest computer
technology.
Hardcover, 1999, $70, 542 pages, ISBN
0735200661. Published by New York
Institute of Finance, an imprint of Prentice Hall
Press, Penguin Putnam Order Department,
800 788-6262, fax 201 896-8569,
www.phdirect.com.
Technical Analysis Plain & Simple:
Charting The Markets In Your Language by
Michael N. Kahn. Imagine that you speak
only Mandarin and you want to read
Shakespeare. Somebody has to translate it
into your language. This
book will present
technical analysis to you
in your language and in
the order that makes
sense to you. All the
concepts presented in
this book can be used to
supplement your own
original analysis. This
book will enable all
investors to use tech-
nical analysis wisely, by
fully understanding the theories, terms, risks, Trading In The Global
and successful application. Currency Markets:
Softcover, 1999, £21.99, 230 pages, second edition by
ISBN 0273639870. Published by Financial Cornelius Luca. This book
Times Prentice Hall, 128 Long Acre, London brings the universe of
WC2E 9AN, phone +44 (0)20 7447 2000, fax foreign exchange within the
+44 (0) 20 7240 5771, http://www.business- reach of every trader.
minds.com. Including coverage of the
euro and the latest
Tools And Tactics For The historical and
Master Day Trader: Battle- economic changes
Tested Techniques For Day, in the market, this
Swing, And Position Traders resource gives traders an overview
by Oliver Velez and Greg of the market’s workings and
Capra. The authors, who co- technologies. It also provides
founded Pristine.com, have historical context. It asks the basic
been consistently successful questions and provides answers
technical analysts and traders. that will benefit both beginning
The book compiles their traders and seasoned market
knowledge and insights into experts.
one information-packed resource. Whether Hardcover, 2000, $65, 557 pages, ISBN
used as a trading desk reference or as a 0735201463. Published by New York
guidebook on the tactics and techniques of Institute of Finance, an imprint of Prentice Hall
winning traders, this insider’s guide shows Press, Penguin Putnam Order Department,
you how to hit the market with savvy, 800 788-6262, fax 201 896-8569,
intelligence, and a well-thought-out trading www.phdirect.com.
plan. The law of the E-trading jungle is that
millions of times each day, one trader will Trading The Inter-
outsmart another. One trader will win, one national Futures
will lose. This shows you how to come out on Markets: The Markets,
the winning end. The Systems, And The
Hardcover, 2000, $55, 389 pages, ISBN: Strategies For Achiev-
0071360530. Published by McGraw-Hill, 11 ing The Trader’s
West 19th St., New York, NY 10011, 614 “Edge” by Jake
755-4151, fax 212 337-4092, www.mcgraw- Bernstein. The
hill.com. European and Asian
futures markets present
The Trader’s Tax unique opportunities for
Solution: Money- savvy traders. Bernstein explains the futures
Saving Strategies For vehicles traded in different world markets,
The Serious Investor provides a synopsis of futures contracts and
by Ted Tesser. This their specifications, and gives you guidelines
comprehensive guide for analyzing market liquidity and viability for
provides solutions for trading purposes. Finally, he offers an
the tax problems facing overview of proven trading systems,
most US traders, methods, and timing indicators you can use
investors, and income to develop trading strategies suited to your
earners today — goals.
excessive tax payments to federal and local Hardcover, 2000, $55, 324 pages, ISBN
governments, insufficient preparation for 075201366. Published by New York Institute
retirement, and the fate of bequest. Here are of Finance, an imprint of Prentice Hall Press,
invaluable business, estate, retirement Penguin Putnam Order Department, 800 788-
planning, and tax-saving strategies that 6262, fax 201 896-8569, www.phdirect.com.
virtually anyone can implement. Specific
information is included to help traders reduce The Ultimate Trading Guide by John R.
their tax liability, with individual case studies, Hill, George Pruitt, and Lundy Hill. With
real examples, and model tax returns. Here’s the recent explosion in the
how to disinherit the federal government, use popularity of trading,
education tax breaks, master the basics of nearly everyone who
estate planning, use the annual gift tax trades wants a trading
exemption, uphold trader status — even under system — a methodology
audit — and augment underfunded retirement for buying and selling. A
plans and a great deal more. trading system can be a
Hardcover, 2000, $59.95, 546 pages, useful tool — provided the
ISBN 0471370045. Published by John Wiley & trader knows how to use it.
Sons, Wiley Book Order Department, 1 Wiley Demonstrating a system is
Drive, Somerset, NJ 08875, 800 225-5945, only as reliable as the
732 469-4400 ext. 2497, http:// criteria on which it is
www.wiley.com. based, the authors provide
traders with the tools to
Copyright (c) Technical Analysis Inc.
Stocks & Commodities V. 18:14: Books for Traders
BOOKS FOR TRADERS
develop systems based on sound logic. The
principles behind trading systems, how
various systems operate, the tools and
background necessary for developing
computerized trading systems, and more are
presented. John R. Hill is president and
founder of Futures Truth.
Hardcover, 2000, $69.95, 301 pages,
ISBN 0471381357. Published by John Wiley
& Sons, Wiley Book Order Department, 1
Wiley Drive, Somerset, NJ 08875, 800 225-
5945, 732 469-4400 x2497, www.wiley.com.
Understanding
Electronic Day Trading:
Every Investor’s Guide
To Wall Street’s Hottest
Phenomenon by Carol
Troy. Hundreds of
thousands of online
traders are building solid
futures. Many started with
little more than a few
dollars, a home computer,
and some simple lessons
from someone who had
been there before. Now
you can join them. This book takes you inside
online trading and provides an overview of
electronic trading today, and what you will
need to do to open your own account. Unlike
years past, when Wall Street traders were
forced to pay thousands of dollars a month to
buy information, you can use your personal
computer to get financial news and real-time
quotes online. No longer are the workings of
the market hidden behind curtains and
double-talk. When you see a favorable price,
you can lock in a lightning-fast trade
execution. If you don’t like the price, you can
simply walk away. It’s a new way of looking at
investing, and it’s available to everyone.
Hardcover, 2000, $21.95, 208 pages,
ISBN 0071351523. Published by McGraw-
Hill, 11 West 19th St., New York, NY 10011,
614 755-4151, fax 212 337-4092, http://
www.mcgraw-hill.com.
Wall Street’s Picks For
2000: Wall Street’s Biggest
Stars Name This Year’s
Most Promising Stocks
And Mutual Funds by Kirk
Kazanjian. The author asked
a panel of 36 investment
gurus to reveal their number 1
favorite stock or mutual fund
for the new millennium. The
complete list is featured in
this book. Kazanjian not only
names names, but he also
profiles each of his experts,
showing how they find promising
investments — uncovering their best
investment advice and revealing their
market predictions for the new century. This
year’s financial dream team will arm you with
the knowledge you need.
Paperback, 1999, $20, 253 pages, ISBN
0793133955. Published by Dearborn, A
Kaplan Professional Company, 155 N.
Wacker Drive, Chicago, IL 60606-1719, US
orders: 800 829-7934, international orders:
Dallas French, 312 836-4400, fax 312 836-
1021, http://www.dearborn.com.
The Winning Edge
3: Traders’ & In-
vestors’ Coaching
To Excellence by
Adrienne Laris
Toghraie. This
third volume of the
Winning Edge
series focuses on
those issues that
build and sustain
stability in a trader,
from professional stability to the strength and
well-being of your emotional, personal,
health, and home life. This book is designed
to provide a trader with all of the tools he
needs to create a stable life that will result in
a successful, long-term trading career —
dealing with past issues in order to move
Copyright (c) Technical Analysis Inc.
forward, transforming emotional
liabilities into strengths, learning how
to make the choices that support
stability, developing habitual patterns
that are positive assets, creating
balance that is the essence of stability,
and planning for life changes.
Hardcover, 2000, $69, 270 pages,
ISBN 0966183746. Published by On
Target Press, 100 Lavewood Lane,
Cary, NC 27511, phone 919 851-
8288, fax 919 851-9979, E-mail
adtoghraie@aol.com.
Wizards Of Wall Street:
Market-Beating Insights
And Strategies From The
World’s Top-Performing
Mutual Fund Managers
by Kirk Kazanjian. Less
than 10% of all mutual fund
managers have been able
to beat the S&P 500 index
over the past five years.
Those who have are a rare
breed. They have a keen
sense of knowing when
and what to buy and —
just as important — when to sell. They are
the true wizards of Wall Street. This series of
interviews gets into the heads of 18 of these
stars to learn their strategies for
outperforming the market. Some of them
have been around for decades, while others
have quickly proven their prowess by
becoming leaders of the new generation of
fund managers. Kazanjian also distills the
wisdom of the wizards into a special section
called “10 Keys to Beating the Market.”
Hardcover, 2000, $26, 359 pages, ISBN
0735201544. Published by New York
Institute of Finance, an imprint of Prentice
Hall Press, Penguin Putnam Order
Department, 800 788-6262, fax 201 896-
8569, www.phdirect.com.
S&C