Highlights books related to the week's top financial news stories, by Karris Golden, president & COO of Wasendorf & Associates (Traders Press Inc., W&A Publishing and SFO Magazine)
Ask me anythingSubmit
Some girls dream of being ballerinas or princesses.
Not me. As I sat at my grandpa’s knee and learned about baseball, I nurtured dreams of being a Major League Baseball umpire.
I’m not kidding —- not even a little. I love almost everything about the game. I’d tell you about the “almost,” but it’s such a minor, nit-picky thing that would make me sound nutty.
So will this: I’m a long-suffering Chicago Cubs fans. Today marks the opening of the 2012 Cubs season and puts me in mind of a unique book filled with useful trading insights.
Like baseball, trading requires sound coaching, honest self-knowledge and shrewd understanding of “the game.”
“They both started as relatively informal endeavors in New York and grew into massive institutions,” he writes. “Organized trading started under a tree along a wall that protected a city. The wall gave name to a street, and the street later became home to one of the most venerable institutions on earth. Organized baseball started in fields around the same city. Its popularity grew, and it spread to fields around the country.”
Shop Traders Press® for the lowest prices on this and other titles. We’ve done all the leg work; if you find it Amazon has it priced lower, send us a link, and we’ll beat it! In addition, all orders of $25 or more delivered to addresses within the continental United States will ship for free!*
There’s no better fuel for a crisis than more crisis.
According to Bloomberg, James W. Paulsen, chief investment strategist at Wells Capital Management, says “crisis mentality” is so widespread that swings in U.S. stocks can be attributed mainly to the level of investor concern.
Crisis of mentality’s byproduct is volatility. According to CNBC, major averages flounder, affected by heavy market volatility due to fears of another global recession.
Some are using the volatility to their advantage, including Louis Basenese, who sees bullish signs in the recent rout.
In addition, you can save 10% and receive free U.S. S&H* with promo code KGBLOG911. This includesall resources that offer strategies for taking advantage of market volatility, such as Paul Forchione’s ACE Program series, Trading Options in Turbulent Markets and The Secret Keys to Smart Investing. For a full list, click here.
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