* It's back! Thanks to Traders Press the UDU Bookstore is back on line and open for business.
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* UnRuly Dog Paw Print of Approval - Just Click on the Title to Order |
How to Trade in Stocks |
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by Jesse Livermore with added material by Richard Smitten |
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In his own words, Jesse Livermore's secret trading formula for understanding timing, money management, and emotional control. This newly revised
edition, released in January of 2002, includes the tables and explanation of the Livermore Market Key. Technically oriented reading that is my top
choice as a companion to "World's Greatest Stock Trader", below, and a must for any serious investor's library. It makes an excellent holiday, house warming, or birthday gift. |
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Jesse Livermore, World's Greatest Stock Trader |
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by Richard Smitten |
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If there is one book that has had a profound impact on my trading over the past ten years, this is it. Mr. Smitten has written what will no doubt become
an investment classic. It is, however, more than just a technician's book, or a book on money management. It is several books in one. It is a well told tragedy that deals
with Livermore's several round trips from poverty to wealth. It is a psychological study of perhaps the greatest trader of all time, what made him tick, and how his
weaknesses impacted his trading. It is a historical record, complete with photos, that track the life and times of Jesse Livermore. And lastly, it is a study for the
technician on position sizing, market timing, money management and the rules that frame the game of Wall Street. Enjoyable reading that is my top choice as an addition to
any investor's library, and it makes an excellent gift. |
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Trading for a Living |
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by Dr. Alexander Elder |
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Dr. Elder is a professional trader, a world class expert in technical analysis, and a practicing psychiatrist. This book is an valuable asset in taking
your trading to the next level. It provides the novice investor with a base line of what is required for investment success, and provides the seasoned trader with insight
into personal weaknesses that can be limiting success. It covers psychology, trading tactics, charts, technical analysis, volume, time, stock market indicators,
psychological indicators, trading systems, risk management and money management. My favorite section is the one on Mass Psychology. |
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Trade Your Way to Financial Freedom |
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by Van K. Tharp |
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As I say in my opening web page, there are "a thousand ways to make money in the market". This book helps narrow down the thousand choices to a handful,
and find the trading system, a market and a trading time frame that will work best for you. The book outlines the important aspects of trading, biases and how they affect
you, setting objectives, system development, concept selection, expectancy, setups, market timing, stops, taking profits, opportunity and cost factors, and position sizing
(my favorite chapter). |
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Profits in the Stock Market |
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by H. M. Gartley |
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The best known book written by the legendary Harold M. Gartley, it was first published in 1935 to outline his technical method for trading stocks.
I was amazed when I first read this book. Not only did it describe and illustrate Head and Shoulders, Ascending and Descending Triangles, and several other patterns common to today's technician,
but it also may be the source for a pattern I rely on (the Double Wave Reverse Bottom/Top) that he describes as Expanding Tops/Bottoms. A must for any serious technicians library.
One of the founders of the New York Society of Security Analysts, he also founded the Wall Street Forum for younger analysts, and was a well traveled lecturer and
author of many articles on technical trading. In addition to its 446 pages, it also comes complete with a seperate set of charts that are exact reproductions of the originals. |
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Investment Psychology Explained |
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by Martin Pring |
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This book is the center piece of market psychology. It brings together the soundest pieces of wisdom and common sense that have been
written on this topic over the years and puts them together in one volume. It covers: overcoming emotional and psychological impediments that distort decision making,
mapping out an independent investment plan and sticking to it, knowing when to buck the crowd and go contrarian, dispensing with the myths and delusions that drag down
other investors, resisting fads and experts that can lead to disaster, exploiting fast breaking news events, dealing with brokers and money managers, and learning and
understanding the rules that separate the truly great investors and traders from the rest. |
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How to Make Money in Stocks |
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by William J. O'Neil |
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If you don't know what a cup and handle is, or a flat base, or CAN SLIM, then this is the book for you. William J. O'Neil, inventor of CAN
SLIM, creator of Daily Graphs and Investor's Business Daily, provides thorough explanations of all these terms and more, in this the first book of high growth stock investing.
The book lays out the system developed by Mr. O'Neil during forty years of investing. The best primer on the high growth stock sector, easy to understand, and a useful
reference tool in any investor's toolbox. |
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Technical Analysis of the Futures Market |
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by John Murphy |
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Written by the long time CNBC technician, Mr. Murphy's book is a logical, sequential reference on the subject of technical analysis. It is the
encyclopedia of technical analysis and has also been updated in a subsequent version for broader appeal in the renamed Technical Analysis of the Financial Markets. His
book covers the philosophy of technical analysis, Dow theory, chart construction, basic concepts of trend, major reversal patterns, continuation patterns, volume and open
interest, long-term charts and commodity indices, moving averages, oscillators and contrary opinion, intra-day point and figure charting, three-box reversal and optimized
point and figure charting, Elliot Wave theory, time cycles, computers and trading systems, money management and trading tactics, and a final chapter entitled "Putting it all
together - A Check List. This book, or its updated version, is the cornerstone to any technical investors library. |
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The All-Season Investor |
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by Martin Pring |
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The "seasons" in Pring's book refer to the stages of the business cycle. He makes the case for every season having its own profitable investment
strategy. Topics covered include asset allocation, diversification, the asset allocation mix, mutual funds, the power of compounding, managing risk and the profits take
care of themselves, the business cycle, asset allocation as the cycle unwinds, tracking the stages, business cycle benchmarks, gold and the business cycle, and asset
allocation and your personal investment objectives. This book does an outstanding job of explaining the ebb and flow of the business cycle, and how to take advantage of it. |
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The Visual Investor |
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by John Murphy |
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An excellent primer for the new technician that focuses on visual aspect of technical analysis. It covers what visual investing is, the trend,
pictures that tell a story, simple indicators, overbought/oversold, how to have the best of both worlds, market linkages, stock sectors, relative strength and rotation,
sectors and industry groups, mutual funds, global investing, and a list of software products and publications that can help you apply these visual techniques. An excellent
read to determine whether or not technical analysis makes sense for you. |
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More Investment Books - just click on the category |
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