The first in-depth analysis of pairs trading Pairs trading is a market-neutral strategy in its most simple form. The strategy involves being long (or bullish) one asset and short (or bearish) another. If properly performed, the investor will gain if the market rises or falls. Pairs Trading reveals the secrets of this rigorous quantitative analysis program to provide individuals and investment houses with the tools they need to successfully implement and profit from this proven trading methodology. Pairs Trading contains specific and tested fo…

A classic resource for the technical analysis discipline In the Third Edition of Point & Figure Charting, the world's top point and figure charting expert, Tom Dorsey returns to explain how traders and investors alike can use this classic technique, borne out of the irrefutable laws of supply and demand, to identify and capitalize on market trends. Within these pages, Dorsey describes, step-by-step, how to create, maintain, and interpret your own point and figure charts of markets, sectors, and individual securities. He then explains how to use…

Explores two neglected mathematical tools essential for competing successfully in today's frenzied commodities markets: quantity, which shows the proper amounts a trader should trade for a given market and system, and intercorrelation of returns (diversification), which shows not only which markets and systems to trade, but how to diversify with respect to trading the right quantities for each market. By using these lesser known tools in conjunction with the more popular trade/system selection tools, readers will see mathematically how success …

Unlock the secrets of an ancient charting tool The most ancient form of charting, the Japanese candlestick method has become an extremely popular analytical tool among the new generation of traders. However, because of the aura of mysticism surrounding candlesticks and the arcane terminology typically used to describe them, many traders in the West never really learn how to use them properly and exploit their full potential. Profitable Candlestick Trading demystifies candlesticks for today's traders. With the help of numerous real-world examp…

Risk Analysis and the Security Survey, Second Edition provides an understanding of the principles of risk analysis to security students and professionals, which will help them produce more effective, results-oriented security surveys geared to the ever-changing needs of the organization. This new edition provides the readers, professional and practitioners alike with new information essential to meeting their professional obligations with regard to crisis management planning, business continuity planning, disaster response and recovery as well …

"If you've ever wondered about the validity of seasonals or how to trade them, buy this book now!"--Glen Larson, Genesis Data Services

This book presents swing trading tips and techniques from Undergroundtrader.com - voted Forbes's "Best of the Web" for 2000, 2001, and 2002. Short-term and swing trading has become the strategy of choice for active, aggressive traders and investors. "Secrets of the Undergroundtrader" details the advanced methods today's most successful traders live by, from stochastics and candlesticks to 3-price breaks, volatility signals, and more. Each of these methods is tested daily in the trenches and is designed to allow traders to more accurately time e…

"Graham's ideas inspired the investment community for nearly a century." - "Smart Money". "Graham's method of investing is as relevant today as it was when he first espoused it during the Roaring Twenties." - "Investor's Business Daily". Benjamin Graham's revolutionary theories have influenced and inspired investors for nearly 70 years. First published in 1934, his "Security Analysis" is still considered to be the value investing bible for investors of every ilk. Yet, it is the second edition of that book, published in 1940 and long since out o…

This work provides the insights and tools professional investors need to successfully navigate in the small-cap environment. It presents a picture of the small-cap market in the context of asset allocation, drivers of small-cap cyles and small-cap selection models.

Does the stock market overreact? Capital market turbulences have cast doubt whether the behaviour of stock markets is in line with rational investor behaviour. This book investigates evidence of reversals in the cross section of stock returns. The surprizing finding of this monograph is that reversals in stock returns are paralleled by movements in fundamentals. Outperformance in the stock market is driven by outperformance in corporate earnings. This monograph analyzes this effect and provides background reasoning both from a theoretical and a…