"The New House of Money"

Quote from Maverick74:

Personally I'm a huge fan. Trading back at parity now. :D
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I looked at books and it seems mostly dealing with hedge funds. Do you think it will help me to improve my trading and eventually bottom line. Thanks
 
Quote from osho67:

I looked at books and it seems mostly dealing with hedge funds. Do you think it will help me to improve my trading and eventually bottom line. Thanks
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If your goal is to gain a more perfect understanding of financial markets and risk then yes. If your trading consists entirely of clicking a mouse every time a fast moving avg crosses a slow one, then no. And obviously there is a lot of stuff in between. It's just easier to set the goal posts with the extremes.

If it helps any, I thought Drobny's second book was much better then the first as it dealt more with the 2008 financial crisis. Let me put this another way. If you liked the Market Wizard books (and who doesn't), those books were very elementary and the interviews were quite brief. This series takes those interviews to a much higher and in depth level and far more detail.
 
Quote from Maverick74:

If your goal is to gain a more perfect understanding of financial markets and risk then yes. If your trading consists entirely of clicking a mouse every time a fast moving avg crosses a slow one, then no. And obviously there is a lot of stuff in between. It's just easier to set the goal posts with the extremes.

If it helps any, I thought Drobny's second book was much better then the first as it dealt more with the 2008 financial crisis. Let me put this another way. If you liked the Market Wizard books (and who doesn't), those books were very elementary and the interviews were quite brief. This series takes those interviews to a much higher and in depth level and far more detail.
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Thanks, I will definitely read one or two books.
 
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