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Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices (2007) by Thomas Dorsey

Summary

The original edition is the best book I have read in teaching a charting method clearly and scientifically. The revised edition has expanded to cover concepts outside of just point and figure charting. A lot of chart examples are given so that the readers can follow the text better in the revised edition. Personally, I prefer the original one because it is 100 pages shorter with great focus on the subject – applications of point and figure charting techniques. My statistics driven trading method is heavily influenced by this book. Essential reading for all traders.


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Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices
Written by Thomas Dorsey

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Commodities for Dummies by Amine Bouchentouf

Summary

A good guide book on the basics you need to know about commodity markets. The materials give the readers a solid foundation of what they are dealing with and the factors affecting these markets. Various ways to engage in trading the commodities are also discussed so that the readers can choose from the various instruments (e.g. ETFs, futures, etc.) as oppose to the tunnel view from say a future trader’s perspective. Good introduction for both traders and long term investors who want to diversify their portfolios. Highly recommended.


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Commodities for Dummies
Written by Amine Bouchentouf

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My Life as a Quant: Reflections on Physics and Finance by Emanuel Derman

Summary

Do not expect to find trading techniques or insights from this book. It is an interesting account of someone who has been working “on the other side of the fence” (a.k.a institution) as a quant. Not just any quant, but one of the famous quants who has his name as part of the Black-Derman-Toy model. It is also a good historical account of the changes going through the financial industry from 1980s to early 2000s. Good read in general for those who are interested in understanding how science transformed the financial markets from the point of view of a scientist.


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My Life as a Quant: Reflections on Physics and Finance
Written by Emanuel Derman

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