The value and momentum trader : dynamic stock selection models to beat the market

XXI, 241 S.

graph. Darst.

1 CD-ROM

Includes bibliographical references and index. - Lt. LOC-CIP-Data Vol. 442 von Wiley trading series

Machine generated contents note: Foreword. -- Preface. -- Acknowledgments. -- List of Tables and Figures. -- Chapter 1: A Philosophy of Trading. -- Analogies. -- Pragmatism. -- Goal-Oriented Behavior. -- Timing. -- Stocks versus Commodities, Options, Mutual Funds, and Bonds. -- Short Trading. -- Use of Margin. -- Trading and Gambling. -- Bold Passion. -- Summary. -- Chapter 2: Tools of the Trade. -- On-line Access. -- A Reliable Brokerage Account. -- Information. -- Formal Study. -- Analysis Software. -- Protected Workspace. -- Mathematical Trading Systems. -- Market Timing Indicators. -- Summary. -- Chapter 3: Constructing Mathematical Models for Stock Selection. -- Technical Approaches to Stock Selection. -- Fundamental Approaches to Stock Selection. -- Hybrid Approaches to Stock Selection. -- The Nature of the Stock Selection Challenge. -- Common Mistakes in System Design for Decision Making. -- Early Beginning Approaches. -- Advantages and Disadvantages of Mathematization. -- Summary. -- Chapter 4: Stock Selection: A Technical-Momentum System. -- Qualifying Variables. -- Sample Recommendation Summary Table. -- Questions and Answers. -- Summary. -- Chapter 5: Stock Selection: A Fundamental-Value System. -- Qualifying Variables. -- Fundamental Variables. -- Questions and Answers. -- Summary. -- Chapter 6: Stock Selection: A Technical-Fundamental Hybrid Approach. -- Qualifying Variables. -- Point-and-Figure Analysis. -- Technical Ratings. -- Other Technical Indicators. -- Price-to-Earnings (PE) Ratio. -- Book Value. -- Earnings Growth. -- EPS/PE Divergence. -- Cash Flow and Free Cash Flow. -- Other Fundamental Indicators. -- Questions and Answers. -- Summary. -- Chapter 7: Buying Stocks. -- Preparing the Slate of Candidates. -- Gathering Intel. -- Demanding Supply. -- Cost Averaging. -- Limit and Market Orders. -- Avoiding Purchases with Unsettled Funds. -- Summary. -- Chapter 8: Selling Stocks. -- Setting Targets. -- Setting Partial Targets. -- Using Stop-Loss Orders. -- Culling out Losers. -- Rank Indicators. -- Holding Limits. -- Breaking the 50-Day Moving Average. -- Identifying Market Downturns. -- Summary. -- Chapter 9: Portfolio Management. -- Diversifying Over Stocks. -- Diversifying Over Sectors. -- Record Keeping. -- Proportionality over Portfolios. -- Proportionality over Individual Stocks -- Turnover Ratio. -- Timing the Market. -- Summary. -- Chapter 10: Market Timing. -- Mythological Indicators. -- Quasi-Mythological Indicators. -- Reliable Indicators. -- Summary. -- Chapter 11: A Performance Record. -- Summary. -- Chapter 12: A Typical Trading Day. -- Before the Bell. -- The First Half Hour. -- Midday Monitoring. -- After the Closing. -- Weekends. -- Summary. -- Chapter 13: Threats to Success. -- Actions of the Federal Reserve Board Open Markets Committee. -- Analyst Downgrades. -- “Pump-and-Dump” Ploys. -- Message Board Panning. -- Market Maker Meddling. -- Negative News Events. -- Large Position Dumping. -- Overhead: Taxes, Commissions, Margin Interest, Spreads. -- Summary. -- Chapter 14: A Summary of Trading Principles. -- Never Follow a Tip without Due Diligence. -- Don't Get Grounded on Low Volume. -- Never Buy at the High for the Day. -- Never Sell at the Low for the Day. -- Remember Why You Bought. -- Don't Get Too Attached to Any Stock. -- Maintain Diversification. -- Don't Overtrade. -- Don't Hesitate to Reacquire a Winner. -- Don't Get Your Guidance from Message Boards. -- Maintain Your Own Trading Identity. -- Read Widely. -- Back off Periodically. -- Seldom if Ever Buy with Unsettled Funds. -- Look to Sell with the Same Level of Zeal That You Look to Buy. -- Maintain a Trading Journal or Diary. -- Gather Information on Your Holdings Daily. -- Learn from Your Mistakes. -- Don't Damage the Environment for Others. -- Don't Let Yourself Become Discouraged. -- Learn to Time General Market Trends. -- Don't Begrudge the Paying of Dues. -- Set Realistic, Measurable Goals for Trading Gains. -- Don't Take Advice from Investment Professionals. -- Avoid Buying a Stock Immediately After It Has Made a Huge Price Run Up. -- Avoid Selling a Stock Immediately After It Has Had a Huge Loss. -- Maintain Your Discipline. -- Don't Hesitate to Sell Good Stocks When Macro Market Indicators Signal a Downturn. -- It's Better to Avoid Great Losses Than to Make Great Gains. -- Summary. -- Chapter 15: Morality in the Marketplace. -- Integrity Defined. -- The Gravity of the Effects of Declining Integrity. -- Conditions that Can Promote the Erosion of Integrity. -- Possible Solutions to the Problems that Promote the Erosion of Integrity. -- Summary. -- Chapter 16: Random Walk or Rational Wager. -- Predictability and Probability. -- The Limits of Predictability. -- Following the Numbers or Following the Gurus. -- The Accuracy and Use of Mathematical Models. -- Predictable Market Phenomena. -- Summary. -- Chapter 17: On the Nature of Risk. -- The Risks of Risk Management Applied to Market Phenomena. -- Risk and Variance. -- Risk and Compassion. -- Risk and Trust. -- Risk and Wealth. -- Summary. -- Chapter 18: Trading in the Information Age. -- The Economy of Abundance. -- A Perspective on Abundance. -- Taking Advantage of Information-Access Opportunities. -- Summary. -- Chapter 19: Using a Trading System with an Excel Spreadsheet. -- Step 1: Loading the Excel Spreadsheet CD into Your Computer. -- Step 2: Recognizing Information on the Spreadsheet. -- Step 3: Updating Your Spreadsheet. -- Step 4: Running the Analysis. -- Step 5: Interpreting the Results. -- Step 6: Maintaining the Spreadsheet -- Cautionary Reminders. -- Summary. -- Chapter 20: Afterthoughts. -- Timing. -- Opportunities. -- Market Trends. -- Lessons from History. -- Conclusion. -- Bibliography. -- About the Author. -- About the CD-ROM. -- Index.

0911

ECONIS - Online Catalogue of the ZBW