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Books to read
Leave a commentI have built quite a collection of books on trading that I have purchased over the years, find a brief overview of them here. This text will continue to be updated over time.
“The Bear Book – Survive and Profit in Ferocious Markets“ by John Rothchild.
The linked version is newer than mine – I have an old (well 9 years old) hardcover version which I lend to friends occasionally who think that the bear market we have now is the end of finance as we know it (and I am assuming they’re wrong!). The book is relatively easy to read, talking about recognising bear markets and dealing with them. Understanding the players in the bear market, and where to invest. Whilst this text had not specifically addressed my trading methods, it has factored strongly into my view of the longer term phases of the markets. It reminds me why I construct a plan. If reminds me about cycles, and it reminds me why I seek to manage risk. I have enjoyed this book.
Further reading:
I found this list here interesting, and I struggle to disagree with any of his descriptions – for the books I have read. I’m off to buy a copy of “Basic Economics – A Common Sense Guide to the Economy”.
Dawn
So, my first ever blog. Dawn if you will.
My intention is to place trade analysis in this blog – the main reason being so I can cast a critical eye over my own trading activity.
In the interests of keeping this ‘manageable’ in the first instance I will only be logging my trading on the ASX. I trade other areas, including occasionally Forex, options over ASX shares, CFDs as a tool to gain leverage with managed risk on shares, warrants on ASX, futures on indexes or commodities, indexes via CFDs – ie: most of the readily available retail markets. Areas other than ASX may get a comment, but not in the plan for now.
See the entries and exits here.
tradersams blog 