An innovative A to Z guide to the world of hedge funds

The Long and Short of Hedge Funds presents readers with a unique look at these investment vehicles, the people who run them, and those who provide services to them. This book is a detailed guide of the industry and offers rare access to hedge fund managers and industry participants. The book provides the reader with a real education about hedge funds, gaining a firm understanding of the industry.

From the Back Cover

The post The Long and Short Of Hedge Funds: A Complete Guide to Hedge Fund Evaluation and Investing appeared first on Forexer Course.

The classic guide to winning on Wall Street–completely updated and expanded!

The go-to guide for anyone seeking long-term gain in the stock market, Winning the Loser’s Gamewas referred to by the great Peter Drucker as “by far the best book on investment policy and management.”

Dr. Charles Ellis, dubbed “Wall Street’s Wisest Man” by Money magazine, has been showing investors for three decades how stock markets really work and what individuals can do to be sure they are long-term winners. Now, in this new edition of his investing classic, Ellis helps you succeed in a market that’s becoming more unpredictable by the day.

Applying wisdom gained from half a century of advising many of the leading investment managers and securities firms around the world, Ellis explains how individual investors can avoid common traps and get on the road to investment success. With fully updated facts, charts, and figures, this new edition of Winning the Loser’s Game is packed with all new material, including:

• U.S. government bonds: Why they’re no longer a safe bet for long-term investors
• Active management: Fees are higher than ever. Are they worth it?
• The investment management industry: They make huge profits–but how well do they serve you?
• Behavioral economics: Know yourself–and you’ll be a better investor

With Winning the Loser’s Game, you have everything you need to set realistic objectives and a powerful investing strategy that will take you well into retirement.

Experts praise Winning the Loser’s Game:

“Charley Ellis has been one of the most influential investment writers for decades. This classic should be required reading for both individual and institutional investors.” — BURTON MALKIEL, Author, A Random Walk Down Wall Street

“The best book about investing? The answer is simple: Winning the Loser’s Game. Using compelling data and pithy stories, Charley Ellis has captured beautifully in this new and expanded edition of his classic work the most important lessons regarding investing. In today’s unforgiving environment, it’s a must-read!” — F. WILLIAM McNABB III, Chairman and Chief Executive Officer, Vanguard

“No one understands what it takes to be a successful investor better than Charley Ellis and no one explains it more clearly or eloquently. This updated investment classic belongs on every investor’s bookshelf.” — CONSUELO MACK, Executive Producer and Managing Editor, Consuelo Mack WealthTrack

“A must-reread classic. . . .” — MARTIN LEIBOWITZ, Managing Director, Morgan Stanley Research

“Winning the Loser’s Game has long been required reading for professional investors. . . . This elegant volume explores approaches for individuals, such as relying on intellect rather than emotion and building a personal portfolio by taking advantage of what other investors already know.” — ABBY JOSEPH COHEN, Goldman Sachs & Co

“This is less a book about competition than about sound money management. Sounder than Charley Ellis they do not come.” — ANDREW TOBIAS, Author, The Only Investment Guide You’ll Ever Need

“Winning the Loser’s Game is one of those timeless investing classics that is even more valuable today than when it was first published. Reading it again, in the context of two 50 percent-plus stock market crashes since 1999, will demonstrates the wisdom of Ellis’ advice.”

The post Winning the Loser’s Game, 5th edition: Timeless Strategies for Successful Investing appeared first on Forexer Course.

A technical resource for self-directed traders who want to understand the scientific underpinnings of the filters and indicators used in trading decisions

This is a technical resource book written for self-directed traders who want to understand the scientific underpinnings of the filters and indicators they use in their trading decisions. There is plenty of theory and years of research behind the unique solutions provided in this book, but the emphasis is on simplicity rather than mathematical purity. In particular, the solutions use a pragmatic approach to attain effective trading results. Cycle Analytics for Traders will allow traders to think of their indicators and trading strategies in the frequency domain as well as their motions in the time domain. This new viewpoint will enable them to select the most efficient filter lengths for the job at hand.

• Shows an awareness of Spectral Dilation, and how to eliminate it or to use it to your advantage
• Discusses how to use Automatic Gain Control (AGC) to normalize indicator amplitude swings
• Explains thinking of prices in the frequency domain as well as in the time domain
• Creates an awareness that all indicators are statistical rather than absolute, as implied by their single line displays
• Sheds light on several advanced cookbook filters
• Showcases new advanced indicators like the Even Better Sinewave and Decycler Indicators
• Explains how to use transforms to improve the display and interpretation of indicators

From the Inside Flap

The post Cycle Analytics for Traders, + Downloadable Software: Advanced Technical Trading Concepts appeared first on Forexer Course.

Hedge funds are now the largest volume players in the capitalmarkets. They follow a wide assortment of strategies but theiractivities have replaced and overshadowed the traditional model ofthe long only portfolio manager. Many of the traditional technicalindicators and commonly accepted trading strategies have becomeobsolete or ineffective.

The focus throughout the book is to describe the principalinnovations that have been made within the equity markets over thelast several years and that have changed the ground rules fortrading activities. By understanding these changes the activetrader is far better equipped to profit in today’s morecomplex and risky markets. Long/Short Market Dynamicsincludes:

• A completely new technique, Comparative Quantiles Analysis, foridentifying market turning points is introduced. It is based onstatistical techniques that can be used to recognize money flow andprice/momentum divergences that can provide substantial profitopportunities.
• Power laws, regime shifts, self-organized criticality, phasetransitions, network dynamics, econophysics, algorithmic tradingand other ideas from the science of complexity are examined. Allare described as concretely as possible and avoiding unnecessarymathematics and formalism.
• Alpha generation, portfolio construction, hedge ratios, andbeta neutral portfolios are illustrated with case studies andworked examples.
• Episodes of financial contagion are illustrated with a proposed explanation of their origins within underlying market dynamics

From the Inside Flap

From the Back Cover

The post Long/Short Market Dynamics: Trading Strategies for Today’s Markets appeared first on Forexer Course.

A detailed guide to the new era of IPO investing

Typically generating a great deal of interest, excitement, andvolatility, initial public offerings (IPOs) offer investors andtraders with opportunities for both short-term and long-termprofits. In the Third Edition of High-Profit IPOStrategies, IPO expert Tom Taulli explains all facets of IPOinvesting and trading, with a particular emphasis on the industriesthat are fueling the next generation of IPOs, from socialnetworking and cloud computing to mobile technology.

In the past year alone, many of these types of IPOs haveprovided enormous opportunities for nimble traders as prices havefluctuated widely for several months following the offering. Thisnew edition reflects the new IPO environment and presents you withthe insights needed to excel in such a dynamic arena.

• Discusses more sophisticated IPO trading strategies, exploresthe intricacies of the IPO process, and examines the importance offocused financial statement analysis
• Contains new chapters on secondary IPO markets, reversemergers, and master limited partnerships
• Provides in-depth analysis of other major industries generatingworthwhile IPOs
• Covers IPO investing from basic terms to advanced investingtechniques

Comprehensive in scope, the Third Edition ofHigh-Profit IPO Strategies offers investors and traders with actionable information to profit in this lucrative sector of the financial market.

Review

From the Inside Flap

The post High-Profit IPO Strategies: Finding Breakout IPOs for Investors and Traders appeared first on Forexer Course.

An inside view of what makes market neutral strategies tick and how they can be implemented

Market neutral strategies have gained attention for their potential to deliver positive returns regardless of the direction of underlying markets. As these strategies have built a record of good performance in recent years, their benefits have become apparent. Market Neutral Strategies draws on the wisdom and experience of professional practitioners to describe strategies that are being utilized by some of today’s leading institution al investors. This book provides readers with an insider’s view of what makes these strategies work and how they can be implemented successfully. Topics covered include long-short equity and convertibles, fixed income and merger arbitrage; the tax and ERISA implications of market neutral investing; and the failure of two notorious “market neutral” ventures, A skin Capital Management andLong-Term Capital Management.

Bruce I. Jacobs (Florham Park, NJ) and Kenneth N. Levy are cofounders and principals of Jacobs Levy Equity Management, in Florham Park, New Jersey. They are coauthors of Equity Management:Quantitative Analysis for Stock Selection. Bruce Jacobs holds a PhDin finance from the Wharton School of the University ofPennsylvania. He is also the author of Capital Ideas and MarketRealities: Option Replication, Investor Behavior, and Stock MarketCrashes.

The post Market Neutral Strategies appeared first on Forexer Course.

The stock-investing classic–UPDATED TO HELP YOU WIN IN TODAY’S CHAOTIC GLOBAL ECONOMY

Much has changed since the last edition of Stocks for the Long Run. The financial crisis, the deepest bear market since the Great Depression, and the continued growth of the emerging markets are just some of the contingencies directly affecting every portfolio in the world.

To help you navigate markets and make the best investment decisions, Jeremy Siegel has updated his bestselling guide to stock market investing.

This new edition of Stocks for the Long Run answers all the important questions of today: How did the crisis alter the fi nancial markets and the future of stock returns? What are the sources of long-term economic growth? How does the Fed really impact investing decisions? Should you hedge against currency instability?

Stocks for the Long Run, Fifth Edition, includes brand-new coverage of:

THE FINANCIAL CRISIS
Siegel provides an expert’s analysis of the most important factors behind the crisis; the state of current stability/instability of the financial system and where the stock market fits in; and the viability of value investing as a long-term strategy.

CHINA AND INDIA
The economies of these nations are more than one-third larger than they were before the 2008 financial crisis; you’ll get the information you need to earn long-term profits in this new environment.

GLOBAL MARKETS
Learn all there is to know about the nature, size, and role of diversifi cation in today’s global economy; Siegel extends his projections of the global economy until the end of this century.

MARKET VALUATION
Can stocks still provide 6 to 7 percent per year after inflation? This edition forecasts future stock returns and shows how to determine whether the market is overvalued or not.

Essential reading for every investor and advisor who wants to fully understand the forces that move today’s markets, Stocks for the Long Run provides the most complete summary available of historical trends that will help you develop a sound and profitable long-term portfolio.

PRAISE FOR STOCKS FOR THE LONG RUN:

“Jeremy Siegel is one of the great ones.” ―JIM CRAMER, CNBC’s Mad Money

“[Jeremy Siegel’s] contributions to finance and investing are of such signifi cance as to change the direction of the profession.” ―THE FINANCIAL ANALYST INSTITUTE

“A simply great book.” ―FORBES

“One of the top ten business books of the year.” ―BUSINESSWEEK

“Should command a central place on the desk of any ‘amateur’ investor or beginning professional.” ―BARRON’S

“Siegel’s case for stocks is unbridled and compelling.” ―USA TODAY

“A clearly written, neatly organized, highly persuasive exposition that lifts the veil of mystery from investing.” ―JOHN C. BOGLE, founder and former Chairman, The Vanguard Group

The post Stocks for the Long Run 4/E: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies appeared first on Forexer Course.

With a new Afterword addressing today’s financial crisis

A BUSINESS WEEK BEST BOOK OF THE YEAR

In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall.

When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability—and as a wake-up call that Wall Street and government alike tragically ignored.

From the Inside Flap

The post When Genius Failed: The Rise and Fall of Long-Term Capital Management appeared first on Forexer Course.

We have added a long lost piece of H.M. Gartley’s work to this new paperback edition of Profits in the Stock Market;. 2012

Gartley’s Stock Market Experience Tables, a full 123 page addition to the already large-Profits in the Stock Market makes this a 569 page mammoth of a book. Written in 1940, Gartley provides us with a complete study of what he calls Relative Velocity, which we now call Relative Strength.

Two full books in one, complete with a full packet of charts.

Profits in the Stock Market is more of a course in chart reading and stock trading, it comes with nearly 40 historical charts to refer to. We believe that Mr. Gartley and Mr. Gann may have known each other and although the chart reading and interpretation techniques within this book are different than what Mr. Gann teaches, there are moments of similarity that may help unlock some of Mr. Gann’s teachings. Still, this book stands on it’s own as one of the greatest chart reading and interpreting masterpieces of all time. Techniques taught can be applied to commodities. Due to the size of this book, including the large package of charts that come with it, this book should really be considered a course on chart reading.

Before being republished in 1981, copies of this 1935 classic were selling for $1800. Now the same text and very large package of accompanying charts are available again. In fact, the chart package alone is worth many times the cost of the book. This is one of the classic books written on the art of chart reading, chart interpretation and stock trading.

The fundamentals Mr. Gartley explains are as valid today as when they were formulated. Plus, the techniques taught can be applied to commodities trading, with some slight modification. Put the tested logic of this highly successful trader and this highly acclaimed book to work for you. A book/course that will compliment Mr. Gann’s teachings.

Some subjects covered are:

The Technical Approach
Charts – The Averages
A Chart Portfolio
Long Term and Major Trends
The Intermediate Trend
The Minor Trend
Tenets of the Dow Theory
Triangles
Trend Lines
Moving Averages
Volume
Oscillators
Caps
and much more. The Chart package includes nearly 40 large charts to follow and study. Truly a remarkable find for the serious trader.

The post Profits in the Stock Market With Charts appeared first on Forexer Course.

Abstract: A cutting-edge guide to quantum trading Original and thought-provoking, Quantum Trading presents a compelling new way to look at technical analysis and will help you use the proven principles of modern physics to forecast financial markets. In it, author Fabio Oreste shows how both the theory of relativity and quantum physics is required to makes sense of price behavior and forecast intermediate and long-term tops and bottoms. He relates his work to that of legendary trader W.D. Gann and reveals how Gann’s somewhat esoteric theories are consistent with his applications of Einstein’s theory of…..

Table of contents :
Content: QuantumTrading
Contents
Preface
CHAPTER 1 The Birth of Quantum Trading: How Einstein’s Theories and Quantum Particles Affect Your Daily Trading
CHAPTER 2 How to Psychologically Prepare for Successful Trading
CHAPTER 3 Quantum Trading 101
CHAPTER 4 Sun Spots, Geomagnetic Storms, and the Stock Market
CHAPTER 5 P-Space Structure and Quantum Trading Algorithms
CHAPTER 6 The Life and Contributions of W.D. Gann: A Forerunner of Quantum Trading
CHAPTER 7 Chaos Theory and Gann Angles
CHAPTER 8 Money Management Strategies
CHAPTER 9 Entelechy: The Most Powerful Quantum Trading Concept. CHAPTER 10 Forecasting Tops and Bottoms Using QPLs and SubharmonicsCHAPTER 11 Time Algorithms in Quantum Trading
CHAPTER 12 How to Use All the Trading Tools Together
CHAPTER 13 How to Use Options: Unlimited Gains with Little Risk
CHAPTER 14 Options Strategies with Quantum Trading Tools
CHAPTER 15 A Toast to a New Achievement in Trading

The post Quantum Trading : Using Principles of Modern Physics to Forecast the Financial Markets appeared first on Forexer Course.