The ACD Method

[SteveM]

Hi Mav, I think your last post is missing the book link. Would you mind updating? Thanks.

 

[Maverick74]

Hi Mav, I think your last post is missing the book link. Would you mind updating? Thanks.

That's weird. It was on there and now it's not.

The book is:

Currency Trading and Intermarket Analysis by Ashraf Laidi.

 

[trader482]

just google it.

 

[baggerlord]

Thanks!

 

[koolaid]

Mav you've given me some great book suggestions over the years. I've got a decent understanding of most asset classes now thanks to those books but that last post makes me realize I still don't really understand the interplay FX rates have with everything else. So...any book suggestions for a guy that doesn't understand the concepts in your last post?

To some guys that asked me some questions, sorry I am very busy with my real job right now and my computer time is mostly being spent on programming so I had to take a step back from playing with the data output until I reach some more programming goals. I'll get to them hopefully this weekend.

Which one of Mav's books did you find most useful?

 

[eurusdzn]

Do you think a zero or near zero interest rate world would change some historical relationships he refers to in this 2008 book? Maybe its still all relative and relavant. Thanks for the link.

 

[Maverick74]

Do you think a zero or near zero interest rate world would change some historical relationships he refers to in this 2008 book? Maybe its still all relative and relavant. Thanks for the link.

The book is relevant because it's important to understand the historical precedent on why things did what they did. Too many guys on ET forget that the world is older then 12 months. People say things like the dollar always does this or higher rates are bad. There is an entire history of financial markets that people are too lazy to bother with and instead live in their cozy little world that only encapsulates the length of time in which they have been trading as if the markets didn't exist before they went to their first trading made easy seminar.

 

[baggerlord]

Which one of Mav's books did you find most useful?

Expected Returns by Antti Ilmanen. I wish I had ran into a book like this instead of Jack Hershey when I was an impressionable 16 year old. I would probably have a lot more money right now.

 

[FCXoptions]

I wish I had ran into a book like this instead of Jack Hershey

Who even was Jack Hershey or what the heck was he trying to do? I just remember the word fractals being mentioned. I feel like every post of his I read was incoherent babbling. This scene came to mind lol

 

[baggerlord]

I don't want to ruin this fine thread by taking the conversation that direction. I apologize for mentioning his name.

On a more productive note, another extremely eye opening book for me was trading option greeks by passarelli. I believe but am not 100% that was another Mav recommendation.