Average customer rating:
|
Foreign Currency Trading: From the Fundamentals to the Fine Points
Russell Wasendorf Manufacturer: McGraw-Hill ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0786311673 |
Book Description
The opportunities for unmatched returns and investment protection in the brave new world of foreign currency investing are second to none. In Foreign Currency Trading, financial executives Russell Wasendorf, Sr., and Russell Wasendorf, Jr., describe foreign currency trading in plain terms, and help you understand the risks, benefits, and operational requirements that you will need to take advantage of this market’s tremendous potential. Look to Foreign Currency Trading for clear explanations on the mechanics of foreign currency trading, in-depth discussion of all pertinent foreign exchange rules and regulations, and a comprehensive glossary with literally hundreds of terms essential to forex trading. With formerly imposing currency trading restrictions having been struck down in recent court rulings, the world of foreign currency trading is an exciting and rapidly-expanding field. Let Wasendorf and Wasendorf’s Foreign Currency Trading be your comprehensive guidebook for effectively taking advantage of this exciting opportunity, not only as a source of unmatched income and profits, but also as a sophisticated hedging instrument in any investment portfolio.Customer Reviews:
This book really is not about teaching someone to trade.......2007-09-18
The Cover PAge looks pretty!!!.......2007-06-07
To the authors: you must be kidding.......2006-02-09
Rarely have encountered a book this useless........2003-06-05
save your money ..........2003-03-16
Average customer rating:
|
An Analysis and History of Inflation
Don Paarlberg Manufacturer: Praeger Publishers ProductGroup: Book Binding: Hardcover Similar Items: ASIN: 0275944166 |
Book Description
This history and analysis examines fifteen great inflations--from Ancient Rome to the French Revolution to post-World War I Germany to modern-day Brazil--to provide an understanding of the causes of inflation. A unique feature of the book is the evidence presented that a moderate degree of inflation is usually accompanied by increased economic activity. Contrary to the views of many, moderate inflation appears to be welcomed by most people and assists in returning incumbent political leaders to power. In addition, the money illusion, the belief that money has constant value over time, is shown by the author to be grievously in error. Presenting views which are at odds with much of mainstream economics, Paarlberg concludes that inflation is caused by an excess of money, and since the creation of money is a government monopoly,governments are responsible for inflation. Additionally, various macroeconomic theories are unable to account for gyrations of production and prices. The best explanation for these matters, therefore, is to be found in institutional economics, which takes into regard whatever forces exist rather than focusing on a select few while purporting to hold others constant. This thoughtful work will be of interest to scholars, students, and laypersons in economics and economic history.Customer Reviews:
How your money is going to be inflated.......2007-08-06
I have read this book again and again for ten years........2004-01-22
Average customer rating: |
Human Psychology and Economic Fluctuations: A New Basic Theory of Human Economics
Hideaki Tamura Manufacturer: Palgrave Macmillan ProductGroup: Book Binding: Hardcover ASIN: 0230004822 |
Book Description
Average customer rating: |
Major Inflations in History (International Library of Macroeconomic and Financial History)
Manufacturer: Edward Elgar Publishing ProductGroup: Book Binding: Hardcover ASIN: 1852784024 |
Average customer rating:
|
Maximum Adverse Excursion: Analyzing Price Fluctuations for Trading Management (Wiley Trader's Exchange)
John Sweeney Manufacturer: Wiley ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0471141526 |
Book Description
The first comprehensive guide on maximum adverse excursion — a powerful new tool for dramatically lessening trading risks"Trading successfully, like everything else, is built upon solid preparation. It is the well-prepared individual who will be able to cope in today's competitive market. John Sweeney's Maximum Adverse Excursion will provide you with the steps to perform the analytical review of your trading system that you should undertake before you ever risk your capital." — Thomas Hartle, Editor Technical Analysis of Stocks & Commodities magazine
"Maximum Adverse Excursion deals with a much overlooked subject: how to minimize losses. If every trader took John Sweeney's advice and learned how to minimize losses before trying to make profits, they would be financially ahead." — Martin J. Pring, President The International Institute for Economic Research
"John Sweeney has done it again. As with Campaign Trading, he takes a complex set of ideas and explains them in a simple, easy-to-understand manner, in a form that traders can use to help them make informed and profitable buy-sell decisions." — Clifford Sherry, PhD, author The Mathematics of Technical Analysis
Most successful traders have a "sixth sense" that alerts them to loss points and amounts. But what happens when intuition fails?
When the potential loss incurred on a trade is significant, you need more than guesswork. But is it possible to estimate the loss point accurately—quantitatively? With maximum adverse excursion (MAE), the answer is a resounding "YES". This innovative method of risk management enables traders to steer clear of potentially devastating results by pinpointing loss points before implementing trading decisions. Now, in the first book to provide an in-depth examination of this vital trading tool, John Sweeney, MAE developer and Technical Editor of the highly regarded Technical Analysis of Stocks & Commodities magazine, takes you step by step through its various intricacies.
In this comprehensive and accessible reference, Sweeney shows how the key to successful MAE implementation lies in determining whether there is any consistency in market behavior. By measuring and charting price excursion from a set point of entry, you can establish—quickly and easily—whether prices show consistent behavior over a finite time frame. If, in fact, some regularity, some pattern in price changes is revealed, you can then exploit it while in the trade. The bottom line is a more reliable system for discerning whether your trade is going in your direction or not, and—in either case—what likely events are next. By replacing guesswork with statistical descriptions, you can objectively determine when to cut off a loser, or put in a protective stop . . . or take profits.
Maximum Adverse Excursion can give you "the elusive edge that traders seek . . . a line all your own, from which profits can flow with minimized, quantifiable risk." This comprehensive, accessible reference gives you the tools you need to employ MAE successfully, including detailed information on:
Complete with sample calculations, practical examples, and EXCEL programs for creating your own charts, this is the definitive guide to using MAE effectively—and profitably.
Customer Reviews:
Well worth the money !.......2006-08-14
Interesting money management ideas........2001-12-05
If you do not currently have a trading system, this book will not give you one. The purpose of this book is to help the trader eliminate some of the rough edges of an existing system's money management procedures.
If you are trading a system, or wish to learn more about money management rules, pick up a copy of this book, as many new ideas are discussed. Also, be sure you are using Microsoft Excel, as spreadsheets are used frequently throughout the book, and duplicating the examples is useful.
A good start but..........2001-01-13
The idea is a sound one but requires that the reader provides a working system AND is able to backtest it. Otherwise, the reader is left with a concept that on paper makes sense but it is very hard to implement into his/her trading system.
A good start but..........2001-01-13
The concept requires total concentration-while reading in order to throughly understand MAE. The idea is a sound one but requires that the reader provides a working system AND is able to backtest it. Otherwise, the reader is left with a concept that on paper makes sense but it is very hard to implement into his/her trading system.
OK but not a pre-requisite.......1998-06-30
Average customer rating: |
The Causes of the 1929 Stock Market Crash: A Speculative Orgy or a New Era? (Contributions in Economics and Economic History)
Harold Bierman Manufacturer: Greenwood Press ProductGroup: Book Binding: Hardcover ASIN: 031330629X |
Book Description
Attempting to reveal the real causes of the 1929 stock market crash, Bierman refutes the popular belief that wild speculation had excessively driven up stock market prices and resulted in the crash. Although he acknowledges some prices of stocks such as utilities and banks were overprices, reasonable explanations exist for the level and increase of all other securities stock prices. Indeed, if stocks were overpriced in 1929, then they more even more overpriced in the current era of staggering growth in stock prices and investment in securities. The causes of the 1929 crash, Bierman argues, lie in an unfavorable decision by the Massachusetts Department of Public Utilities coupled with the popular practice known as debt leverage in the 1920s corporate and investment arena. This book extends Bierman's argument in an earlier book, The Great Myths of 1929 and the Lessons to Be Learned (Greenwood, 1991), in which he discussed and refuted seven myths about 1929 but could not explain the crash. He now believes he has a reasonable explanation. He also examines the actions of Charles E. Mitchell and Sam Insull and their subsequent unjust criminal prosecution after the crash of the 1929 stock market.
Average customer rating: |
All About Futures: The Easy Way to Get Started (All About Series)
Russell R Wasendorf Manufacturer: McGraw-Hill ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0071341706 |
Book Description
Since 1992’s first edition of this bestselling book, the futures market has changed incredibly—Internet access and electronic trading dominate the market, options have grown in importance, and a greater number of futures markets exist worldwide. All About Futures, Second Edition, covers all the updated basics of futures trading for the beginner, and illustrates trading strategies from the simple to the complex for experienced traders who need to brush up on their skills. An integral element in McGraw-Hill’s All About series, this completely revised and updated book discusses:
*Detailed Internet strategies for effective electronic trading
*Basic approaches to technical analysis and anticipating price direction
*Insights on working with a broker and developing a trading strategy
Download Description
All About Futures, Second Edition, covers all the updated basics of futures trading for the beginner, and illustrates trading strategies from the simple to the complex for experienced traders who need to brush up on their skills.
Average customer rating: |
The Role of Policymakers in Business Cycle Fluctuations
Jim Granato , and M. C. Sunny Wong Manufacturer: Cambridge University Press ProductGroup: Book Binding: Hardcover ASIN: 0521860164 |
Book Description
The book’s central theme is that a policymaker’s role is to enhance the public’s ability to co-ordinate their price information, price expectations, and economic activities. This role is fulfilled when policymakers maintain inflation stability. Inflation persists less when an implicit or explicit inflation target is met. Granato and Wong argue that inflation persistence is reduced when the public substitutes the prespecified inflation target for past inflation. A by-product of this co-ordination process is greater economic stability. In particular, inflation stability contributes to greater economic output stability, including the potential for the simultaneous reduction of both inflation and output variability - inflation-output co-stabilization (IOCS). Granato and Wong use historical, formal, and applied statistical analysis of business-cycle performance in the United States for the 1960 to 2000 period. They find that during periods when policymakers emphasise inflation stability, inflation uncertainty and persistence were reduced.
Average customer rating:
|
The Conquest of American Inflation.
Thomas J. Sargent Manufacturer: Princeton University Press ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0691004145 |
Book Description
In the past fifteen years, inflation has been conquered by many advanced countries. History reveals, however, that it has been conquered before and returned. In The Conquest of American Inflation, Thomas J. Sargent presents a groundbreaking analysis of the rise and fall of U.S. inflation after 1960. He examines two broad explanations for the behavior of inflation and unemployment in this period: the natural-rate hypothesis joined to the Lucas critique and a more traditional econometric policy evaluation modified to include adaptive expectations and learning. His purpose is not only to determine which is the better account, but also to codify for the benefit of the next generation the economic forces that cause inflation.
Sargent begins with an explanation of how American policymakers increased inflation in the early 1960s by following erroneous assumptions about the exploitability of the Phillips curve--the inverse relationship between inflation and unemployment. In subsequent chapters, he connects a sequence of ideas--self-confirming equilibria, least-squares and other adaptive or recursive learning algorithms, convergence of least-squares learners with self-confirming equilibria, and recurrent dynamics along escape routes from self-confirming equilibria. Sargent synthesizes results from macroeconomics, game theory, control theory, and other fields to extend both adaptive expectations and rational expectations theory, and he compellingly describes postwar inflation in terms of drifting coefficients. He interprets his results in favor of adaptive expectations as the relevant mechanism affecting inflation policy.
Providing an original methodological link between theoretical and policy economics, this book will engender much debate and become an indispensable text for academics, graduate students, and professional economists.
Customer Reviews:
Inflation.......2000-05-20
Average customer rating: |
Business Fluctuations: Forecasting and Applications
Dale Bails Manufacturer: Prentice Hall College Div ProductGroup: Book Binding: Hardcover ASIN: 0130984000 |
Books:
Recommended Books