BOOKS - What are ASF members reading?

[CanOz]

Robert Pardo -- Design, testing, and optimisation of trading systems.

Maybe sometime you can post a list of the books you've read so far Nizar, most notably on system development. I would like to add more to my collection.

Cheers,

 

[chops_a_must]

Maybe sometime you can post a list of the books you've read so far Nizar, most notably on system development. I would like to add more to my collection.

Cheers,

Thanks for telling me about Trading the SPI by Brett Penfold by the way. Easily one of the best practical trading books I've read. But then again, what do you expect from someone winning at a zero-sum game?

Anyone keenly interested in trading survival or various money management strategies, this should be a bible for you. I have learnt a hell of a lot from it.

Cheers,
Chops.

 

[Judd]

Re-reading an omnibus of DH Lawrence novels. Sons and Lovers. St Mawr. The Fox. The White Peacock. Love among the Haystacks (always found that when I tried this the darn stuff got into places I would rather not mention.) The Virgin and the Gypsy. Lady Chatterley's Lover.

Mind you reading some of his stuff destroys the grammar thread..."Dos't think I'm going' to sit wi' my arms dangling, cos tha's got a parson for tea wi' thee?"

 

[CanOz]

Thanks for telling me about Trading the SPI by Brett Penfold by the way. Easily one of the best practical trading books I've read. But then again, what do you expect from someone winning at a zero-sum game?

Anyone keenly interested in trading survival or various money management strategies, this should be a bible for you. I have learnt a hell of a lot from it.

Cheers,
Chops.

No worries Chops. I get the impression your leaning towards a mechanical SPI or index future system?

Cheers,

 

[chops_a_must]

No worries Chops. I get the impression your leaning towards a mechanical SPI or index future system?

Cheers,

As well as a discretionary plan also. So... both. There are just too many high probability trades out there that I don't think a mechanical system would be quick enough to trigger on.

 

[Chorlton]

Robert Pardo -- Design, testing, and optimisation of trading systems.

Hi Nizar,

Not sure if you have finished reading it yet, but would you recommend this book?

I've already got Richard Weissman's Mechanical Trading Systems so would welcome your thoughts as to whether this one would make a good addition?

Cheers....

 

[Wysiwyg]

Well I buy a book from the show pavilion at the ekka every year (75% discounted some) and this year I bought "Who`s Rejecting Who" by Xavier Waterkeyn.

After all , rejection is part of daily life in some form or other and it is handy to know the correct way to reject someone and to handle being rejected .

From the down right nasty rejection to the more subtle brush - off.

 

[Julia]

Well I buy a book from the show pavilion at the ekka every year (75% discounted some) and this year I bought "Who`s Rejecting Who" by Xavier Waterkeyn.

After all , rejection is part of daily life in some form or other and it is handy to know the correct way to reject someone and to handle being rejected .

From the down right nasty rejection to the more subtle brush - off.

Well, for a start - since we are looking to grammar this evening - it should be "Who's Rejecting Whom" not "Who"!
I'd find it hard to put too much store in a book where they can't even get the title grammatically correct.
And yes, I know, I'm a pedant.

 

[golfmos123]

Totally unrelated to trading but have just finished "Kokoda" by Paul Ham. A long and at times turgid read but you will change the way you look at Aussie soldiers as a result (and perhaps the Japanese as well). Absolutely fascinating and it makes you want to go and walk the track tomorrow...thoroughly recommended to all but not for the feint hearted!

 

[IFocus]

Finished reading The Psychology of Trading by Brett Steenbarger (recommended) some time ago now reading Enhancing Trader Performance also by Steenbarger. Up to page 13 and already had a few ahas

Focus

 

[drillinto]

"Voices from Chernobyl - The Oral History of a Nuclear Disaster"
By Svetlana Alexievich
Picador, New York, 2006

[An haunting and essential work of literature that one can only hope documents a never-to-be-repeated catastrophe]

 

[brettc4]

Hi, Just finished reading Lifegaurd by James Paterson. Another quick and easy read for those who like crime novels.

I also recently finished Predator by Patricia Cornwell. I used to like her writing a lot but currently prefer the pace and style of James Paterson.

My problem is I keep buying books quicker than I read them, so my pile just keeps increasing.

Brett

 

[It's Snake Pliskin]

Well, for a start - since we are looking to grammar this evening - it should be "Who's Rejecting Whom" not "Who"!
I'd find it hard to put too much store in a book where they can't even get the title grammatically correct.
And yes, I know, I'm a pedant.

Julia,

Thanks for being a fellow pedant.

 

[It's Snake Pliskin]

My problem is I keep buying books quicker than I read them, so my pile just keeps increasing.

Brett

I have a pile that hasn't been read too. If I see a book that is cheap or interesting I buy it, and worry about reading it later.

 

[brilliantmichael]

I'm in the middle of reading "Ugly American$ - A true story of high stakes, dirty deals, and one man's $500 million gamble" by Ben Mezrich. It's an incredible story of young in-their-twenties, former college football star, Westerners running billion-dollar anything-goes hedge funds in Japan and Asia during the early 90's. A story of incredible excess and sin. I would say virtually half the book takes place in nightclubs and brothels.


The following are the more conventional stories of rich Jewish businessmen:

Am just about to start "Bloomberg by Bloomberg" by Bloomberg... (yep that's what it's called : ) of the powerful New York mayor who's also the head honcho of Bloomberg financial news and data. He started work as a clerk for Salomon Brothers as it happens - maybe a good book for you clerks out there!

Another good biography in my opinion was "Frank Lowy - pushing the limits" for those of you looking for something a little closer to home. In my opinion Frank lowy's story is a little more interesting than say Kerry Packer's since Frank Lowy himself was self-made and started from scratch doing truck deliveries for a local deli in the 1950's as it happens. He had come from much more harrowing circumstances before that. Incredible story too.

 

[nizar]

Hi Nizar,

Not sure if you have finished reading it yet, but would you recommend this book?

I've already got Richard Weissman's Mechanical Trading Systems so would welcome your thoughts as to whether this one would make a good addition?

Cheers....

Chorlton,

Robert Pardo's book is GOLD.
Put it this way, i finished it in a day.
Really good stuff, im looking forward to his next one.

What do you think of Weissman's ?

Maybe sometime you can post a list of the books you've read so far Nizar, most notably on system development. I would like to add more to my collection.

Can,

I havent read many on system development. That said, I dont think there's alot out there.

The ones I have read:

1. Trading Systems and Methods - Perry Kaufman.
2. Design, Testing, and Optimisation of Trading Systems - Robert Pardo
3. Quantitative Trading Systems - Howard Bandy
4. Way of the Turtle - Curtis Faith
5. TradeSim manual - David Samboursky

Next on my list is Leon Wilson's Breakthrough Trading, i just picked it up on friday. It looks the goods. He uses MS/TradeSim so its handy that he's speaking my language!

 

[Chorlton]

Robert Pardo's book is GOLD.
Put it this way, i finished it in a day.
Really good stuff, im looking forward to his next one.

Nizar,

Can you elaborate on Pardo's book in terms of its content? What areas did you find the most interesting? Also does Pardo cover any areas of System Development which are not also covered in Howard's book?

Yes, I definately would recommend Weissman's book. However, I feel that Bandy's book may also cover most of the content albeit in a different way. As I haven't finished Bandy's book yet, I can't say this for certain yet.....

 

[nizar]

Nizar,

Can you elaborate on Pardo's book in terms of its content? What areas did you find the most interesting? Also does Pardo cover any areas of System Development which are not also covered in Howard's book?

Yes, I definately would recommend Weissman's book. However, I feel that Bandy's book may also cover most of the content albeit in a different way. As I haven't finished Bandy's book yet, I can't say this for certain yet.....

The WHOLE BOOK is interesting, written in 1992, it seems ahead of its time if you ask me.

He covers the whole development process, chapter by chapter, testing, optimisation, walk forward, robustness, re-optimisation, trading the system, with examples throughout.

Search him on amazon, heaps of reviews there.

Bandy's book was good BUT i think it was too AmiBroker based. Its probably great if you had amibroker.

Just my opinion.

 

[>Apocalypto<]

Right now I am reading Truth of the stock tape and Wall St stock selector By W.D Gann.

Nearly finished that so next book on the radar is Trading in the Zone

I am also studying Trend analysis ebook by Bill McLaren.

 

[caleb2003]

Just read 'How I make a living Daytrading' by Tony OZ, which was very apt for the recent turbulence and well worth a read for anyone interested with lots of charts and practical examples.

Trying to get through 'Against the Gods, The remarkable story of risk' by Peter L Bernstein, but its a bit much for my shrivelled mind.

Also enjoying reading the 1st market wizards book which is fantastic although the points I'm seeing in here are saying stocks are too random whereas true trends are to be found in commodities, anyone go along with this?