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Trading Economics: A Guide to Economic Statistics for Practitioners and Students - Original PDF
Trading Economics: A Guide to Economic Statistics for Practitioners and Students - Original PDF
نویسندگان: Trevor Williams, Victoria Turton خلاصه: A practical guide to understanding how key economic and market statistics drive financial market trends The recent global financial crisis stressed the need for economists who understand how key economic and market statistics drive financial market trends and how to mitigate the risks for businesses that those trends affect. Trading Economics provides guidance for navigating key market figures in a convenient and practical format. Emphasizing the link between economic data and market movements, this book analyzes surveys, economic growth statistics, inflation, labor markets, international trade, monetary and fiscal indicators, and their relevance in financial markets. It bypasses complex terminology to offer a hands-on, accessible introduction to financial statistics and how to profit from them. Offers clear illustrations and an easy-to-read layout to teach you how to trade profitably in financial markets and minimizes risk for your business Written Trevor Williams and Victoria Turton, authoritative public figures with experience working on the New York Stock Exchange Includes a website featuring a blog and new surveys as they develop accompanies the book Complete with worked examples and updated information, Trading Economics is an essential, comprehensive guide to understanding every aspect of financial market trends and how to navigate them to your advantage.
Building Winning Algorithmic Trading Systems: A Trader's Journey from Data Mining to Monte Carlo Simulation to Live Trading - Original PDF
Building Winning Algorithmic Trading Systems: A Trader's Journey from Data Mining to Monte Carlo Simulation to Live Trading - Original PDF
نویسندگان: Kevin J. Davey خلاصه: "Award-winning trader Kevin Davey explains how he evolved from a discretionary to a systems trader and began generating triple-digit annual returns. An inveterate systems developer, Davey explains the process of generating a trading idea, validating the idea through statistical analysis, setting entry and exit points, testing, and implementation in the market. Along the way, Davey provides insightful tips culled Read more...
Risk Management in Trading: Techniques to Drive Profitability of Hedge Funds and Trading Desks - Original PDF
Risk Management in Trading: Techniques to Drive Profitability of Hedge Funds and Trading Desks - Original PDF
نویسندگان: Davis Edwards خلاصه: A comprehensive resource for understanding how to minimize risk and increase profits In this accessible resource, Wall Street trader and quantitative analyst Davis W. Edwards offers a definitive guide for nonprofessionals which describes the techniques and strategies seasoned traders use when making decisions. Risk Management in Trading includes an introduction to hedge fund and proprietary trading desks and offers an in-depth exploration on the topic of risk avoidance and acceptance. Throughout the book Edwards explores the finer points of financial risk management, shows how to decipher the jargon of professional risk-managers, and reveals how non-quantitative managers avoid risk management pitfalls. Avoiding risk is a strategic decision and the author shows how to adopt a consistent framework for risk that compares one type of risk to another. Edwards also stresses the fact that any trading decision that isn't based on the goal of maximizing profits is a decision that should be strongly scrutinized. He also explains that being familiar with all the details of a transaction is vital for making the right investment decision. Offers a comprehensive resource for understanding financial risk management Includes an overview of the techniques and tools professionals use to control risk Shows how to transfer risk to maximize results Written by Davis W. Edwards, a senior manager in Deloitte's Energy Derivatives Pricing Center Risk Management in Trading gives investors a hands-on guide to the strategies and techniques professionals rely on to minimize risk and maximize profits.
mastering uncertainty in commodities trading - Original PDF
mastering uncertainty in commodities trading - Original PDF
نویسندگان: KRAINER ALEX خلاصه: Trading and Money Management in a Student-Managed Portfolio is a hands-on textbook for student-managed investment funds (SMIFs). The book presents the applied material that textbooks on portfolios and investments always overlook. Its focus on ''how-to'' questions summarizes the disciplines and skills necessary for trading. Covering equities, hedge funds and derivatives, and fixed income, it captures the breadth and detail necessary for developing and executing trading strategies. Developed specifically for SMIF courses, the book features calculations, examples, and software that help you move from talking about markets to taking positions in them. Methodically summarizes the disciplines and skills necessary for trading Teaches you to build a ranking model for securities and write a research report for a sell-side firm Covers equities, fixed income, derivatives, and hedge funds
Time is Money: The Power of Non-Directional Options Trading - Original PDF
Time is Money: The Power of Non-Directional Options Trading - Original PDF
نویسندگان: Kerry W. Given خلاصه: The new book, Time Is Money, comes from Kerry Given, the author of No Hype Options Trading, and he discusses the concept of non-directional trading. If you have some experience with options trading, you have probably heard the term, delta neutral trading. This is one of the buzzword phrases that has been used in marketing options trading education, trading alert services, and describing the strategies of hedge funds. Delta neutral does sound exotic - is this the trading secret I have been searching for? But we will see clearly in this book that there is no "secret" to options trading. Non-directional trading is a lesser known term and may be considered a subset of delta neutral trading. This book does an excellent job of distinguishing delta neutral trading from non-directional trading. These are not synonyms. The trader may use a delta neutral strategy because he is predicting a sideways price pattern or price movement within a modest sized channel. The delta neutral trade is just one choice among several options strategies. If the trader is bullish, he selects a bullish trade; if he is bearish, he selects a bearish trade. And if his prediction is for a sideways price movement, he selects a delta neutral trade. This trader is using a delta neutral trading strategy as a directional trade; it is based on the trader's prediction for the future price movement of the underlying stock or market index. The directional trader has a specific interest with particular knowledge about an individual stock or index and a prediction for its future value. Dr. Given distinguishes non-directional trading from delta neutral trading in one critically important way. If one is trading non-directionally, he develops a series of rules for entry, exit and adjustment of a delta neutral trading strategy and then enters and manages the position dictated by those rules month after month. He has made no prediction of the future; he just manages the position each day based on the market's price move that day. The trader is no longer predicting the market's next move tomorrow; the trader is reacting to what the market gives him today. The non-directional trader tries his best not to predict where the market is going tomorrow. Instead, he focuses on where the market is today and the actions his rules dictate. He follows the rules. This may seem like a fine distinction in semantics, but give Time Is Money a try. Focus on what the market is doing today and what your rules dictate. Throw away your crystal ball. About the Author - Kerry W. Given, Ph.D., is the founder of Parkwood Capital, LLC, a business that consists of stock and options coaching, a weekly newsletter, and two trading advisory services. Dr. Given is a co-founder of G&L Capital Management, LLC and manages the Theta Income Fund. Kerry speaks frequently at trading conferences and on behalf of several option brokerage firms. Kerry is the author of No Hype Options Trading, published by John Wiley and Sons. Dr. Given earned his B.S. from the University of Florida and his Ph.D. from the University of Minnesota.
Justice matters: legacies of the Holocaust and World War II - Original PDF
Justice matters: legacies of the Holocaust and World War II - Original PDF
نویسندگان: Mona Sue Weissmark خلاصه: In the fall of 1992, in a small room in Boston, MA, an extraordinary meeting took place. For the first time, the sons and daughters of Holocaust victims met face-to-face with the children of Nazis for a fascinating research project to discuss the intersections of their pasts and the painful legacies that history has imposed on them.
Integrating Social Concerns into Private Sector Decisionmaking: A Review of Corporate Practices in the Mining, Oil, and Gas Sectors - Original PDF
Integrating Social Concerns into Private Sector Decisionmaking: A Review of Corporate Practices in the Mining, Oil, and Gas Sectors - Original PDF
نویسندگان: Kathryn McPhail, Aidan Davy خلاصه: This book contains two separate but intimately linked reports that deal with corporate social responsibility. The first explores the critical success factors supporting the integration of social concerns into the planning and implementation of privately financed projects in the mining, oil, and gas sectors. The second reviews corporate practices with respect to social and environmental assessment, and the integration between the two.
Skin Health Information for Teens: Health Tips about Dermatological Concerns and Skin Cancer Risks : Including Facts about Acne, Warts, Allergies, and Other Conditions and Lifestyle Choices, Such as ... (2nd ed.) - Original PDF
Skin Health Information for Teens: Health Tips about Dermatological Concerns and Skin Cancer Risks : Including Facts about Acne, Warts, Allergies, and Other Conditions and Lifestyle Choices, Such as ... (2nd ed.) - Original PDF
نویسندگان: Kim Wohlenhaus خلاصه: Skin Health Information for Teens, Second Edition provides updated information about the skin, hair, and nails.
Acne for Dummies - Original PDF
Acne for Dummies - Original PDF
نویسندگان: Herbert P. Goodheart خلاصه: The book covers everything from daily skin care, over-the-counter acne preparations, and when to see a dermatologist to the hazards and benefits of prescription acne medications and the range of dermatological procedures available to erase aftereffects. Also covered are specific issues common to acne as seen in various ethnic groups and other skin problems, such as rosacea, a condition that people often mistake for acne.
Successful Algorithmic Trading - Original PDF
Successful Algorithmic Trading - Original PDF
نویسندگان: Michael Halls Moore خلاصه: Whether the systematic rules codied by the strategy actually produce a consistent return and whether the strategy possesses positive performance in the backtests. ˆ Whether a strategy maintains this positive performance in a live implementation or whether it needs to be retired. ˆ The ability to compare multiple strategies/portfolios such that we can reduce the opportu- nity cost associated with allocating a limited amount of trading capital. The particular items of quantitative analysis of performance that we will be interested in are as follows: ˆ Returns - The most visible aspect of a trading strategy concerns the percentage gain since inception, either in a backtest or a live trading environment. The two major performance measures here are Total Return and Compound Annual Growth Rate (CAGR). ˆ Drawdowns - A drawdown is a period of negative performance, as dened from a prior high-water mark, itself dened as the previous highest peak on a strategy or portfolio equity curve. We will dene this more concretely below, but you can think of it for now as a (somewhat painful!) downward slope on your performance chart. ˆ Risk - Risk comprises many areas, and we'll spend signicant time going over them in the following chapter, but generally it refers to both risk of capital loss, such as with drawdowns, and volatility of returns. The latter usually being calculated as an annualised standard deviation of returns. ˆ Risk/Reward Ratio - Institutional investors are mainly interested with risk-adjusted returns. Since higher volatility can often lead to higher returns at the expense of greate

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