The Trader Training
Bookstore brings you information on currently released titles and
special offers on books that are relevant to trading.
Each week we will feature recommended reading material for the courses
we run so that you can order these directly with our bookstore.
Comments on books that you have read are always welcome so please
contact and let us know what you have enjoyed reading!
New Release!
Trader Psychometrics: The New Science of Trading [Paperback]
David James Norman, Published by the Trader Training Company, 2011
Special Offer! £33.99,
Normal Price: £39.99,
You save: £6.00 (15%)
Ever wondered why some traders are highly successful
while others aren’t? Is it down to luck or skill? Are successful
traders born or made? How is trading excellence measured and can
it be replicated by a machine? Will you be an excellent trader?
All of these questions can be answered by Trader Psychometrics.
Trader Psychometrics: The New Science of Trading
identifies and describes successful human cognitive processes and
biases in electronic high-frequency trading. It is a major step
forward in forming a detailed understanding of realtime trader behaviour
and the findings of Trader Psychometrics, although focused on electronic
traders, are inherent in the critical point activity skills of all
human beings.
David James Norman is a trading professional with over 25 years
of experience who believes that realtime trading excellence is one
of the most exciting and measurable human cognitive skills. His
answer to the problem of how to capture and understand the complexities
of successful trader
decision-making was to create a method for data capture and a series
of behavioural analytics called Trader Psychometrics. Since 2001,
when David created Trader Psychometrics, it has evolved into a science
in its own right: a science of trading behaviour.
Norman is the author of several books on trading including Trading
at the speed of light (2001), Professional Electronic Trading (2002),
Trader DNA (2003,2006) and CFD’s, The Definitive Guide to
Contracts for Difference (2010). He describes Trader Psychometrics
as “a natural way to observe and analyze one of the most exciting
human cognitive processes: decision-making”. Trader Psychometrics
has become a great deal more since its inception in 2001. In the
same way that the study of the human genome has discovered that
human DNA is more than a bundled group of genes, Trader Psychometrics
adds substance to that elusive quality: trading excellence. Trader
Psychometrics creates, for the first time, a blueprint of successful
trading behaviour.
CFDs: The Definitive Guide to Contracts for Difference,
David James Norman, Published by Harriman House, 1st Edition,
2009
Special Offer! £23.63, Normal Price: £35,
You save: £11.37 (32%)
CFDs, or contracts for difference, provide the investor with unparalleled
trading opportunities in today's volatile markets.
CFDs are derivative products that allow you to trade on the price
movements of securities and indices without ever owning the underlying
asset. They offer a leveraged, flexible, cost-effective alternative
to traditional trading methods. You can go long or short and hedge
open positions in other tradable instruments, thereby enabling you
to trade whatever the market conditions.
This book provides an essential guide to these exciting products.
Structured in five parts it takes you through everything you need
to know, from basic principles, mechanics and strategies, through
to understanding the psychology behind your trading, including:
- What a CFD is, how it is priced, and the range of different CFDs
and markets available to trade.
- The principles of CFDs and the mechanics of opening, funding and
maintaining a CFD trading account, and the different types of account
that are available.
- The logistics of trading CFDs, including details of tradable markets,
the range of underlying instruments and popular trading strategies.
- The benefits and risks of trading CFDs, including leverage, shorting,
hedging and tax.
- A comparison between CFDs and other trading instruments such as
spread betting, covered warrants, options and futures.
- Controlling risk through the use of stop loss limits, trailing
stops, guaranteed stops and limited liability orders.
CFDs are an essential part of the smart
investor's toolbox, and this book gives you everything you need
to make the most of them.
