best books quantitative finance image
nealeinmi
Also, please let me know whether or not you have had any success using the strategies outlined in the books you reccomend.
Answer
I don't think you'll have much success with the methods outlined in any trading books.
The only trading method that I can suggest would have the most potential for success would be the "50% retracement rule." Of all the methods, this is the most reliable.
There's a book that discusses it. "The Trading Rule That Can Make You Rich" by Edward Dobson.
I can also recommend the following books, they don't discuss methods, per se, but reading them should afford you a better understanding of the markets, which may help you with your trading:
Wall Street: The Other Las Vegas, by Nicolas Darvas.
The Traders, by Sonny Kleinfeld.
The Professional Commodity Trader, by Stanley Kroll.
Fooled by Randomness, by Nassim Taleb.
The Trading Rule That Can Make You Rich, by Edward Dobson.
Reminiscences of a Stock Operator, by Edward Lefevre.
Paul Wilmott Introduces Quantitative Finance, by Paul Wilmott.
The following website offers practical, realistic trading advice: http://commonsensetrading.googlepages.com
I don't think you'll have much success with the methods outlined in any trading books.
The only trading method that I can suggest would have the most potential for success would be the "50% retracement rule." Of all the methods, this is the most reliable.
There's a book that discusses it. "The Trading Rule That Can Make You Rich" by Edward Dobson.
I can also recommend the following books, they don't discuss methods, per se, but reading them should afford you a better understanding of the markets, which may help you with your trading:
Wall Street: The Other Las Vegas, by Nicolas Darvas.
The Traders, by Sonny Kleinfeld.
The Professional Commodity Trader, by Stanley Kroll.
Fooled by Randomness, by Nassim Taleb.
The Trading Rule That Can Make You Rich, by Edward Dobson.
Reminiscences of a Stock Operator, by Edward Lefevre.
Paul Wilmott Introduces Quantitative Finance, by Paul Wilmott.
The following website offers practical, realistic trading advice: http://commonsensetrading.googlepages.com
What are some good introductory, mainstream books on bond investment?
Shaded
I want to get a book for father's day, and figured it'd be about as good a idea as any, specifically because he's uncertain about diversifying his portfolio.
Answer
If it's about diversifying his portfolio and understanding risk better, then Swensen's "Unconventional Success" is a very good and readable book. Swensen heads the Yale endowment fund and has a very good reputation and insights into personal investing as well. Check out the summary on Amazon.
I would advise against a bond book, because every one i is either very quantitative or boring or both. The best place to learn about bond basics is actually online. But that's not much of a father's day present.
For a popular and exciting book in finance circles that's very readable as well (kind of rare), check out "Black Swan" by Taleb. It talks about those rare unseen risk events that shocks finance systems.
Check those two out on Amazon. You may find something else within those summaries that will point you to a better book suited to your father's tastes. Good luck.
If it's about diversifying his portfolio and understanding risk better, then Swensen's "Unconventional Success" is a very good and readable book. Swensen heads the Yale endowment fund and has a very good reputation and insights into personal investing as well. Check out the summary on Amazon.
I would advise against a bond book, because every one i is either very quantitative or boring or both. The best place to learn about bond basics is actually online. But that's not much of a father's day present.
For a popular and exciting book in finance circles that's very readable as well (kind of rare), check out "Black Swan" by Taleb. It talks about those rare unseen risk events that shocks finance systems.
Check those two out on Amazon. You may find something else within those summaries that will point you to a better book suited to your father's tastes. Good luck.
Powered by Yahoo! Answers
Posts
Comments :
Post a Comment