The Speculator's Edge PDF Download

Author: Albert Peter Pacelli
Publisher: Wiley
ISBN: 9780471503606
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Successful futures and stock traders know that speculation--short-term investing--is the only way to make real money in the market. This guide shows how to win at trading on the futures stock markets by recognizing cyclical price trends, timing trades in accordance with key technical signals, tracking movements in or out of markets by various categories of investors, and other strategies. Pacelli shows you how to get started in futures trading, how to take advantage of markets dominated by large institutions, and how to enter and exit trades to guarantee the largest possible profits.

Author: Stuart Banner
Publisher: Oxford University Press
ISBN: 0190623047
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
What is the difference between a gambler and a speculator? Is there a readily identifiable line separating the two? If so, is it possible for us to discourage the former while encouraging the latter? These difficult questions cut across the entirety of American economic history, and the periodic failures by regulators to differentiate between irresponsible gambling and clear-headed investing have often been the proximate causes of catastrophic economic downturns. Most recently, the blurring of speculation and gambling in U.S. real estate markets fueled the 2008 global financial crisis, but it is one in a long line of similar economic disasters going back to the nation's founding. In Speculation, author Stuart Banner provides a sweeping and story-rich history of how the murky lines separating investment, speculation, and outright gambling have shaped America from the 1790s to the present. Regulators and courts always struggled to draw a line between investment and gambling, and it is no easier now than it was two centuries ago. Advocates for risky investments have long argued that risk-taking is what defines America. Critics counter that unregulated speculation results in bubbles that always draw in the least informed investors-gamblers, essentially. Financial chaos is the result. The debate has been a perennial feature of American history, with the pattern repeating before and after every financial downturn since the 1790s. The Panic of 1837, the speculative boom of the roaring twenties, and the real estate bubble of the early 2000s are all emblematic of the difficulty in differentiating sober from reckless speculation. Even after the recent financial crisis, the debate continues. Some, chastened by the crash, argue that we need to prohibit certain risky transactions, but others respond by citing the benefits of loosely governed markets and the dangers of over-regulation. These episodes have generated deep ambivalence, yet Americans' faith in investment and - by extension - the stock market has always rebounded quickly after even the most savage downturns. Indeed, the speculator on the make is a central figure in the folklore of American capitalism. Engaging and accessible, Speculation synthesizes a suite of themes that sit at the heart of American history - the ability of courts and regulators to protect ordinary Americans from the ravages of capitalism; the periodic fallibility of the American economy; and - not least - the moral conundrum inherent in valuing those who produce goods over those who speculate, and yet enjoying the fruits of speculation. Banner's history is not only invaluable for understanding the fault lines beneath the American economy today, but American identity itself.

Author: Philip L. Carret
Publisher: Pickle Partners Publishing
ISBN: 1786256746
Category : Business & Economics
Languages : en
Pages : 401

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Book Description
Philip L. Carret (1896-1998) was a famed investor and founder of The Pioneer Fund (Fidelity Mutual Trust), one of the first Mutual Funds in the United States. A former Barron’s reporter and WWI aviator, Carret launched the Mutual Trust in 1928 after managing money for his friends and family. The initial effort evolved into Pioneer Investments. He ran the fund for 55 years, during which an investment of $10,000 became $8 million. Warren Buffett said of him that he had “the best long term investment record of anyone I know” He is most famous for the long successful track record he achieved investing in Common Stocks and for being one of Warren Buffett’s role models. This book comprises a series of articles written for Barron’s and published in book form in 1930.—Print Ed.

Author: Albert Peter Pacelli
Publisher: Wipf and Stock Publishers
ISBN: 1532632851
Category : Philosophy
Languages : en
Pages : 365

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Book Description
What do we mean when we say that something is? What is the meaning of human experience? These two most elementary philosophical questions have perplexed thinkers for thousands of years. Being and Intelligibility explores them from the simple premise that all entities are essentially logical in their being. The book develops its three central theses: that the beingness of beings, called “Being,” and the intelligibility of Being are one and the same; that nothingness (i.e., absolute not-Being) is self-contradictory and unintelligible and, therefore, Being is logically necessary; and that the fullness of human rational experience cannot be explained in materially reducible terms and requires recognition of the existence of transcendent reality, which includes God (as self-grounding good will), moral obligation and freedom, and the souls of men. Being and Intelligibility thoroughly investigates the implications of the essential logicality of Being, including that human Being shows itself to itself from within itself as a substantive, persistent, morally obligated unity among the ordered manifold of its life experiences, whose essential Being is orientation toward God.

Author: Victor Niederhoffer
Publisher: John Wiley & Sons
ISBN: 9780471249481
Category : Business & Economics
Languages : en
Pages : 484

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Book Description
Victor Niederhoffer, eine exzentrische, außergewöhnliche Persönlichkeit und ein äußerst erfolgreicher Börsenhändler, erzählt seine wirklich faszinierende Geschichte: Sein Leben, seine Ausbildung, seine Erfolge und Fehler, Gewinne und Verluste. In einem Geschäft, in dem es von Scharlatanen wimmelt, erfrischen derart realistische Worte. Mit vielen Hintergrundinformationen am Rande, beispielsweise über die Hillary-Clinton-Affäre. (06/98)

Author: Robert Leppo
Publisher:
ISBN: 9781080007431
Category :
Languages : en
Pages : 154

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Book Description
More than just another guide to making a quick dollar on the stock market or beating the S&P 500, The Speculator's Mosaic is a speculative investment book that details the hard-earned wisdom accumulated during five decades of portfolio management. Culled from a lifetime of successes - and failures - the book offers a detailed suite of tricks and strategies that have given author Bob Leppo an edge in stock market investing, commodity futures, and the wild world of venture capital. Yes, the book is about making money - lots of it. But The Speculator's Mosaic is about more than that. It's about the journey. It's about the excitement, frustration, rapture, and disappointment of pure speculation. It's about booms and busts, fortunate breaks and missed opportunities. Inspirational in tone, it's a love song to speculation, replete with triumph, heartbreak, anguish, and redemption. Part memoir, part tale of discovery and rebirth, The Speculator's Mosaic is mostly a friendly, no-nonsense guide to navigating the ups and downs - financial, emotional, and otherwise - of a career in speculative investment. Detailing a half century of hits and misses, often with brutal honesty, the book relays lessons learned from both the crucible of failure and the elation of success. There are plenty of books on stock picking, on shorting commodity futures, on investment basics, on obtaining venture capital money. What makes The Speculator's Mosaic different is that beyond stocks and commodities, it gives the reader a real-world perspective on what it's like on the VC's side of the table, picking the products and people worth betting heavily on. In the book, author Robert Leppo walks the reader through real life failures and successes in portfolio management, outlining investing basics as well as strategies and tools for investing in people who create valuable products or services. This includes specific tips to help readers position themselves as a positive counterpoint to the negative image of today's mainstream VC. With 50 years of speculative investment experience, even novice speculators stand a good chance to strike it rich - and learn a thing or two about themselves in the process. Robert Leppo started as a kid flush with $100 dollars of poker winnings. He finished with a fortune. The Speculator's Mosaic tells the story of how.

Author: Guy Cohen
Publisher: John Wiley & Sons
ISBN: 1118245288
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
Bestselling trading author Guy Cohen introduces the OVI indicator to stock trading More fortunes are made from trading stocks than any other financial instrument, and these windfalls are available to anyone who has access to the right information. Presenting the methods used by the best traders in the market, The Insider Edge: How to Follow the Insiders for Windfall Profits uses options transaction data to reveal what "informed traders" are doing, and how anyone can take advantage of these techniques. Whether the markets are choppy or trending, it always pays to wait for a clear opportunity. Any good trader knows that they need an Edge to excel, and this book demonstrates how the combination of specific chart patterns, author Guy Cohen's proprietary OVI indicator, and a robust trading plan, when combined, will deliver success. In The Insider Edge, Guy Cohen reveals: How you can profit from options without having to trade or even understand them! Why the smart money often gravitates to the options markets. How options transactions can often reveal the direction of the stock price. How you can trade using information typically reserved for the pros. A trading plan the delivers maximum safety and windfall profits. How to use his proprietary OVI indicator online for free, so you can start to follow the insiders. The author emphasises that The Insider Edge is for anyone who wants to trade stocks. No options knowledge is required to benefit from this book. His method involves observing what the smart options traders are doing, and then following them. This is what gives you The Insider Edge.

Author: Jesse L. Livermore
Publisher: Laurus - Lexecon Kft.
ISBN: 6155643083
Category : Education
Languages : en
Pages : 150

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Book Description
Born in 1877 Jesse Livermore began working with stocks at the age of 15 when he ran away from his parent’s farm and took a job posting stock quotes at a Boston brokerage firm. While he was working he would jot down predictions so he could follow up on them thus testing his theories. After doing this for some time he was convinced to try his systems with real money. However since he was still young he started placing bets with local bookies on the movements of particular stocks, he proved so good at this he was eventually banned from a number of local gambling houses for winning too much and he started trading on the real exchanges. Intrigued by Livermore’s career, financial writer Edwin Lefevre conducted weeks of interviews with him during the early 1920s. Then, in 1923, Lefevre wrote a first-person account of a fictional trader named "Larry Livingston," who bore countless similarities to Livermore, ranging from their last names to the specific events of their trading careers. Although many traders attempted to glean the secret of Livermore’s success from Reminiscences, his technique was not fully elucidated until How To Trade in Stocks was published in 1940. It offers an in-depth explanation of the Livermore Formula, the trading method, still in use today, that turned Livermore into a Wall Street icon.

Author: Richard L. Weissman
Publisher: John Wiley & Sons
ISBN: 1118137965
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
A detailed look at the common characteristics found in most successful traders While there are a variety of approaches to trading in the financial markets, profitable traders tend to share similar underlying characteristics. Most have a methodology that they believe will prove profitable over the long run and are willing to endure short-term setbacks. If you're looking to make the most of your time in today's markets, you need to understand what separates the best from the rest. And with Trade Like a Casino, you'll gain the knowledge needed to excel at this challenging endeavor. Engaging and informative, this reliable guide identifies and explains the key techniques and mental processes characteristic of successful traders. It reveals that successful traders operate very much like a casino in that they develop a method that gives them "positive expectancy" and they unflappably implement the method in the face of changing, and oftentimes volatile, market conditions. Page by page, the book explores the intricacies of methodology, mental control, and flexibility that allow traders to develop and maintain the casino-like edge. Reveals how many successful traders tend to follow the same general principles, even if their approach to trading may differ Explores how to account for the risk of being wrong and the market moving against you Discusses how to develop an approach that combines trade selection with sound risk management, avoids emotional attachment to positions, exploits volatility cycles, and focuses on market action Regardless of how you approach markets, the insights found here will help improve the way you trade by putting you in a better position to distinguish the differences between successful and unsuccessful traders.

Author: Ian Saxine
Publisher: NYU Press
ISBN: 147983212X
Category : History
Languages : en
Pages : 301

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Book Description
A fascinating history of a contested frontier, where struggles over landownership brought Native Americans and English colonists together Properties of Empire shows the dynamic relationship between Native and English systems of property on the turbulent edge of Britain’s empire, and how so many colonists came to believe their prosperity depended on acknowledging Indigenous land rights. As absentee land speculators and hardscrabble colonists squabbled over conflicting visions for the frontier, Wabanaki Indians’ unity allowed them to forcefully project their own interpretations of often poorly remembered old land deeds and treaties. The result was the creation of a system of property in Maine that defied English law, and preserved Native power and territory. Eventually, ordinary colonists, dissident speculators, and grasping officials succeeded in undermining and finally destroying this arrangement, a process that took place in councils and courtrooms, in taverns and treaties, and on battlefields. Properties of Empire challenges assumptions about the relationship between Indigenous and imperial property creation in early America, as well as the fixed nature of Indian “sales” of land, revealing the existence of a prolonged struggle to re-interpret seventeenth-century land transactions and treaties well into the eighteenth century. The ongoing struggle to construct a commonly agreed-upon culture of landownership shaped diplomacy, imperial administration, and matters of colonial law in powerful ways, and its legacy remains with us today.