market-economics
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first rate book

A Top Notch Study of the Securities Markets...

good
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The book that made me an economist
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Very useful bridge between physics methodologies and financeClear historical description of Einstein/Bachelier. Hopefully one day we will call derivatives pricing the Bachelier valuation.
The book in short provides an excellent perspective on the statistical approach to asset price dynamics. Very clear and to the point.
Nassim Nicholas Taleb

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statistic
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Market Profile ReviewedIt was not until late 1999 that I revisited the phenonmenon when I started to trade on my own account from an office. I recalled the works and decided to pick up the book. It was an incredible revelation and revitalised my enthusiasm for day trading. Many people feel that they have a gut instinct in understanding where markets will trade, but Steidlmeyer's statistical approach formalises much of this. I was particularly interested in how his upbringing and his experiences as a child and the responsibilities he was given formed his approach to trading as a pro. From the writing you will learn the importance of watching rather than partaking in the opening hour of the market, which is often a money saver. it will teach you rules of discipline, because it makes sense.
What I failed to take away from the book in working practice was the application of options volume from the 'far-traders,' the people who were bothered about the long-term haul, and how this could be witnessed in practice. There is certainly a lot of truth in it, but I could not match this with my experience as a day trader. The statistical comprehension of Market Profile is skillfully explained and is profitable to those who adopt it. the book is well written, understandable to the novice and is sound advice.


Want to get a grip on your finances?Don't delay, buy it today and get started!!

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Lots of valuable information for any investor!
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Humayun AliThis book is a good source of information for every serious student of the stock market's evolution. This book is mostly about FTSE, but good thing is that different socio political trends in different stock markets today can be evaluated. The way this book relates stock market and the wider economy is amazing.Anyone interested in the working of the financial system will find this book invaluable.