This is a book review of Nassim Nicholas Taleb‘s new book: Skin in the Game. Skin in the Game is about the dynamics of the behaviors of people when their actions have downside risk along with the potential reward. Too many executives and politicians have all the upside reward from compensation and none of the risks of […]
Risk/Reward Ratios in the Real World Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. You can find Macro Ops’ comprehensive reading list here. If you want to be a successful trader then you have to read…
5 Books Every New Trader Should Read Read More »
I really enjoy the study of economics and believe in the principles of free markets and supply and demand. I was very excited to see a book that combined what I fully understand: “economics” with what I can have difficulty understanding: “my wife”. I was not disappointed. I loved reading this book and think I
The Economics of Marriage Read More »
Mark Minervini really brought a huge amount of value to the trading world by writing this book with far greater actionable details than other books on the market. He takes the trader through the technical dynamics it takes to be a profitable stock trader. By starting with a trading plan that defines your actions and
Think and Trade Like a Champion: Book Review Read More »
A book review for Brent Penfold’s book ‘ The Universal Principles of Successful Trading: Essential Knowledge for All Traders in All Markets” This book is excellent for traders that are ready for it. You need a foundation in trading to understand its importance and take the principles seriously. Once you are through the rainbow and
World’s Most Powerful Trading Principles Read More »
Matthew Kratter has written a great little book explaining the dynamics of momentum stocks and the best ways to trade and profit from IPOs. This short read gets to the point with no wasted words and can be read in one sitting. He explains the dynamics of supply and demand, market cap, breakouts, and moving
Rocket Stocks Book Review Read More »
I really enjoyed this book by author Darrin Donnely who runs the DarvasTrader.com website. It was hard to put down, because it told the story of a head football coach that rose to the top of his profession with an NFL team, only to leave in failure and return to coach college football. Many of us are able to relate
Think Like a Warrior Read More »
Matthew Kratter did a great job in this book explaining a simple strategy for when to buy the dip in your favorite stock. His strategy uses specific settings with Bollinger’s Bands to give you the best risk/reward ratio for your entry. He covers the bases on specific entry signals, position size, your stop loss
Rubber Band Stocks: A Simple Strategy for Trading Stocks Read More »
This book is great for all the readers of Jack Schwager’s Market Wizards series. For the readers of that series that want a more specific actionable trading method here we have one of the world’s premier stock market traders right out of one of Schwager’s books giving us his methods, step by step. Mark
How To Trade Like A Stock Market Wizard Read More »