The Day Traders: The Untold Story of the Extreme Investors and How They Changed Wall Street Forever Review

The Day Traders: The Untold Story of the Extreme Investors and How They Changed Wall Street Forever
Average Reviews:

(More customer reviews)
This is a great book, it does not tell you how to get rich, and it does not tell you that Day Trading is the work of Satan. It gives an excellent concise history about the people who got all individuals the right to trade on their own, and then with examples, and a helpful glossary of terms, gives more than enough information for an individual to decide whether this Extreme Financial Sport is for you. Before reading any other "How To Be A Day Trader" book please read this. Mr. Millman uses the word "Extreme" on the cover of his book and liberally throughout the volume. I trade on-line, have real time quotes, Level II NASDAQ, and many of the other trading tools courtesy of high technology, I do not meet the definition of a Day Trader as I have never had a 50 trade day much less 300 or 500 or even more trades in one session. If you think you are ready for this type of trading a quick calculation may help put Day Trading into perspective. If a person trades from 9:30am-4:00pm, that person has 390 minutes with which to trade. The word extreme starts to come into clear focus. One trade per minute, 390 trades, how about a slovenly pace of 3 minutes for making a decision about your financial status, only 130 decisions need to be made in 6 and one-half hours. Training course of 30 days with some Pros?, $5,000, if that gives you any pause don't attempt this sport. Minimum investment to play at some facilities $50,000 to $100,000, if that gives you any pause stay away. And if you are not prepared to lose consistently when you start, again stay away. You can still trade on-line, and be the master of your own universe, but there is a difference between playing an occasional round of golf and walking up to Tiger Woods throwing down $50,000 and say "You first Mr. Woods". You are going to be trying to make money at the expense of another's loss. You are up against people who have done this all their professional careers, young hotshots who made $1,000,000 last year because, "the video screens are like any video game except these pay". Part of the thirty-day course includes lectures from a psychologist. Now what message is the author not so subtlety suggesting? Do you have the correct form of mental wiring to deal with making a couple of hundred decisions a day, can you handle the constant losses that you will experience, do you have any propensity for gambling. If the answer to the last question is yes, don't go near this game. If you want to trade for yourself, don't confuse a trade or two a day, and staying in stocks for more than a few seconds. Successful Day-Traders are few, like exceptional athletes, or any other occupation that a small number of people have the talent for. On-line trading is fun; true Day-Trading is for the few, not the masses.

Click Here to see more reviews about: The Day Traders: The Untold Story of the Extreme Investors and How They Changed Wall Street Forever



Buy Now

Click here for more information about The Day Traders: The Untold Story of the Extreme Investors and How They Changed Wall Street Forever

Read More...

Short-Term Futures Trading: Systems, Strategies and Techniques for the Day-Trader Review

Short-Term Futures Trading: Systems, Strategies and Techniques for the Day-Trader
Average Reviews:

(More customer reviews)
Even though the title of the book implies its short term trading purpose in futures markets, I think this book is really a collection of technical ideas for entry and exit for your trading positions in other markers as well. The good thing about the ideas contained in this book is that a trader can customize the ideas to his/her individual trading style for flexibility and NOT rigidly 'locked on' to certain parameters. For the mechanically oriented traders, 'Strategic Futures Trading' by Jake Bernstein is also worth the time.

Click Here to see more reviews about: Short-Term Futures Trading: Systems, Strategies and Techniques for the Day-Trader



Buy Now

Click here for more information about Short-Term Futures Trading: Systems, Strategies and Techniques for the Day-Trader

Read More...

The Jumanos: Hunters and Traders of the South Plains Review

The Jumanos: Hunters and Traders of the South Plains
Average Reviews:

(More customer reviews)
I doubt that even the doting author thought this book would make the best seller lists. The Jumanos, for the 99.9 percent of readers who have never heard of them, were a tribe of Texas Indians who lived on the Rio Grande and Pecos Rivers. By 1700 they had pretty much disappeared. So shadowy are they that some authors have even doubted their existence as a tribe. I got interested in the southwestern Indians and kept running into references to the Jumanos, so I read this book -- the only one that's every been written on the Jumanos, I would guess. If you -- like me -- enjoy truly obscure Americana -- especially southwestern Americana -- you might like reading this. The writing is professorial, but the author constructs the history of a vanished people and their contacts with early Spanish and French explorers. She makes a persuasive case that the Jumanos were a Tanoan people, related to many of the Pueblo Indians. Previous writers had considered the Jumanos as Uto-Aztecan, Caddoan, or Athabaskan. If you comprehend those last two sentences, you might like this book.

Click Here to see more reviews about: The Jumanos: Hunters and Traders of the South Plains



Buy Now

Click here for more information about The Jumanos: Hunters and Traders of the South Plains

Read More...

Trade With Passion and Purpose: Spiritual, Psychological and Philosophical Keys to Becoming a Top Trader (Wiley Trading) Review

Trade With Passion and Purpose: Spiritual, Psychological and Philosophical Keys to Becoming a Top Trader (Wiley Trading)
Average Reviews:

(More customer reviews)
One mark of a great book is how original its content is and how much it adds to the existing literature. This book gets 5 stars on both of these fronts. Having done an immense amount of psychological study and soul searching over the last 2 years in an effort to progress in my trading career, I was impressed by how this book was able to still take my trading (and life) mindset to another level. I thought I had read it all, but throughout the book I found unique insights and novel (at least as applied to trading) subjects. By the end of the book I felt a sense of liberation by immediately starting to apply some of the concepts I had read. This book will serve as a great aid to any trader no matter the experience level... it is certainly not limited to those wanting an intro to the psychology of trading. In fact, I find it ideally suited to the experienced traders (struggling and successful) who have already read it all and think there are no more new insights. For me, being a very ambitious trader with very high standards and goals, I found it the perfect aid in helping me find the balance of staying grounded in the good and bad times, and being self forgiving and accepting. You can't imagine the difference that acceptance can make, and this book is full of great practical advice on how to reach that. And it's not all just fluff- it comes from a real trader and is backed by much scientific study and a long history of reliability.
We all have read about traders being in the "zone"... well don't expect to reach there too easily without knowing the concepts in this book. They're truly indispensable no matter how much you already know about trading psychology. Great book.

Click Here to see more reviews about: Trade With Passion and Purpose: Spiritual, Psychological and Philosophical Keys to Becoming a Top Trader (Wiley Trading)



Buy NowGet 34% OFF

Click here for more information about Trade With Passion and Purpose: Spiritual, Psychological and Philosophical Keys to Becoming a Top Trader (Wiley Trading)

Read More...

Mule Trader: Ray Lum's Tales of Horses, Mules, and Men (Banner Book Series) Review

Mule Trader: Ray Lum's Tales of Horses, Mules, and Men (Banner Book Series)
Average Reviews:

(More customer reviews)
Ray Lum's tells a pretty good set of stories in this book. The books format was concise and easy to follow and Lum's stories relate well with the comings and goings of the horse and mule market of the 30's, 40's and 50's. This is a very entertaining read, especially for those Ben Green fans who need some more material. The only drawback comes when Lum starts skipping around in his stories and gets the reader a little lost. But, he is always able to bring the reader back and finish the original story.

Click Here to see more reviews about: Mule Trader: Ray Lum's Tales of Horses, Mules, and Men (Banner Book Series)

Story after wonderful story, tall tale after tall tale. Ray Lum tells a southern writer where he came from, and where he ought to go. -Shelby Foote Bill Ferris makes me wish I'd known Ray Lum. -Larry Brown Indeed, the mule trader has undoubtedly helped to form our great oral tradition in the South . Ray Lum [was] a man born and bred to the practice of the country monologue. -Eudora Welty
Readers captivated by this book will be happy that Bill Ferris found Ray Lum and that he thought to turn on a tape recorder. Lum (1891--1977) was a mule skinner, a livestock trader, an auctioneer, and an American original. This delightful book, first published in 1992 as You Live and Learn. Then You Die and Forget It All, preserves Lum's colorful folk dialect and captures the essence of this one-of-a-kind figure who seems to have stepped full-blooded from the pages of Mark Twain. This riveting talespinner was tall, heavy-set, and full of body rhythm as he talked. In his special world he was famous for trading, for tale-telling, and for common-sense lessons that had made him a savvy bargainer and a shrewd businessman. His home and his auction barn were in Vicksburg, Mississippi, where mules were his main interest, but in trading he fanned out over twenty states and even into Mexico. A west Texas newspaper reported his fame this way: He is known all over cow country for his honest fair dealing and gentlemanly attitude..... A letter addressed to him anywhere in Texas probably would be delivered. Over several years Ferris recorded Lum's many long conversations that detail livestock auctioneering, cheery memories of rustic Deep South culture, and a philosophy of life that is grounded in good horse sense. Even among the most spellbinding talkers Lum is a standout both for what he has to say and for the way he says it. Ferris's lucky, protracted encounters with him turn out to be the best of good fortune for everybody. William R. Ferris is the former director of the Center for the Study of Southern Culture at the University of Mississippi. Among his many awards are the NEH's Charles Frankel Prize and in 1991 Rolling Stone's citation of him as one of the top ten teachers in the United States.

Buy Now

Click here for more information about Mule Trader: Ray Lum's Tales of Horses, Mules, and Men (Banner Book Series)

Read More...

Technical Analysis of the Currency Market: Classic Techniques for Profiting from Market Swings and Trader Sentiment (Wiley Trading) Review

Technical Analysis of the Currency Market: Classic Techniques for Profiting from Market Swings and Trader Sentiment (Wiley Trading)
Average Reviews:

(More customer reviews)
Many of the recent books on FX have been of such poor quality that I wonder where our priorities are. Publishers, authors and readers seem to have lowered the bar both in terms of the quality of the presentation and in terms of rigor. Are we so impatient that we cannot wait until the text is proofed for errors or until the research is adequately validated and sourced? Are we just lazy? This is the question on my mind as I finish Schlossberg's book.
While it may be an achievement for him personally, it is unfinished and I suspect even he must agree. While I do acknowledge the paucity of books on the FX spot markets -- especially thorough and well written books -- there is no excuse for this one. The two concepts that stood out in this book, and the concepts the author seemed most eager to sell, were the scaling in approach and the Bollinger Band "bands." Guess what readers! You can learn all you need to know about Schlossberg's approach to both by reading his articles on Investopedia and MoneyTec. (He published his article on "bands" more than two years go. The rest of his book is just filler...and covered in more detail and more accurately in other books. You can, literally, find free and very well documented information on the internet that covers all 10 chapters!
He also doesn't give credit where credit is due, presenting some concepts without ackowledging the debt owed to his intellectual benefactors and giving the impression (I'm sure without realizing it) that he is the originator. This has also become popular in the industry -- taking credit when none is deserved. (I won't name names.) Specifically, the idea of Bollinger Band "bands" is not original. His only contribution is putting quotes around the "bands". (I have personally been using them since 2000, and I was taught by someone else who had been using them since 1998.) You can find a more diverse discussion of them on any of the major FX forums, but you might have to dig a little. (Don't be lazy!)
But these are only my pet peeves. And I am peeved at the author a bit. He is, as he says, a currency strategist for FXCM. He has also referred to himself as a profesional trader in the past. But titles can mean anything these days and I am left wondering whether he really trades for a living. All the speaking and seminar tours -- and he does a lot -- leave little time to actually trade consistently. On any time frame but the weekly and monthly. If you are not trading consistently, then you are simply not trading. And if you are writing about trading, then you had better be trading consistently yourself. Or retired from trading successfully.
My doubts go further. The model he presents is statistically very dangerous and requires very precise entry and exit techniques in order to enable the risk model to work. Beginning traders should simply not try this model and instead look for something that has a better reward to risk profile and that has more forgiving entry and exit tactics. He claims the countertrend trades on the Bollinger Band "bands" model he presents have a high probability of success. This might be true, but traders must remember that he has provided little in the way of precise entry and exit rules and even less on the money and risk management side of the equation. (And all of a few sentences on how to determine whether this style of trading is suitable for you.) And since it is impossible that he is trading consistently, I wonder if he can really say with an acceptable measure of statistical certainty that his model has been or will be profitable over time. He would probably be better off not disclosing this information for legal reasons, but acknowledging its importance and explaining its use would go a long way toward making the book credible. If a new trader jumped in and started trading this model based on the information presented in the book, he or she would merely be "eyeballing it." You can still succeed this way, but it's more a matter of luck than skill.
He has not presented essential statistics to indicate that he employs the model profitably -- yet he gives the impression he is a profitable trader. In undertaking the exploration of any trading model, I have to know a few things first:
(1) What is the likely win / loss ratio over a minimum of 100 trades?
(2) What is the average profit and average loss?
(3) What is the expectancy of the model?
(4) What time frames and time periods is the model likely to perform best?
(5) What is the maximum drawdown I can expect?
Granted, Schlossberg's approach is discretionary and his focus is technical (and so is mine), but the lack of any informaton on the measures above -- or their importance to formulating trading models -- has me worried. Which brings me to a question similar to the first. Are we so impatient about the process of trading -- market research and model selection, self-assessment, and risk management -- that we can't wait to jump into the trade? If we are, I suspect we will all lose.
And that is my rating for this book. A loss of $40. Booker's claim that this is the only book one needs for technical analysis is pure rubbish. (They often speak together at FX expos and Booker himself is selling FX education courses and, in general, Rob's response to everything is "brilliant!" He's a very positive guy.) In addition to the above, the charts are poorly presented and some of the patterns, particularly the head and shoulders patterns, are not necessarily valid in the "classical" sense. And the whole thing just feels like a series of previously published articles loosely strung together -- which is in fact what some of the chapters are. Don't be fooled. This book will not give you the skill you need to carve out a small but profitable niche in the global currency market. (It might give you the confidence, but that and a buck fifty will get you a cup of coffee and maybe a date with the barrista.)
You're best bet, unfortunately, is to keep reading books on general trading -- in particular the books on stocks and futures. They still present the best information for our buck fifty. (What you need to know about FX specifically is already on the internet and free of charge.) Try Elder's "Entries and Exits" to get a feel for what it's like to be a lonely trader. Read Murphy's "Technical Analysis", Bulkowski's "Encyclopedia of Chart Patterns", Bollinger's "On Bollinger Bands", and Nison's "Japanese Candlestick Charting Techniques". These are the books that a new trader should start with, along with Steenbarger's "Enhancing Trader Performance" (forget about his first book unless you just like reading about trading psychology) and Gandevani's "How to be a Successful Trader" (best yet on practical trading psychology, though full of typographical errors). When you read them, sit in front of the charts and actively participate in your learning. When you're done, read a few more on specific indicators that appeal to you. Maybe check out other paradigms like market profile and point and figure charting. Trading is a way of life and you will spend a lot of time just doing research and reading more books on specific technical and fundamental perspectives. Choose your sources wisely. Be patient.
Don't waste you're time reading Schlossberg. Do your due diligence on researching the best brokers for retail trading (hint: it isn't FXCM) and know the structure and conventions of trading the FX spot market and the use of leverage BEFORE you put real money into an account. Even the newbie would be better off reading something else. Some newbies here obviously disagree, but they're newbies. (And like I said before, don't be lazy!)
Simply put, the author owes us more for our $40. He is not alone of course. Just about every author who has published on spot FX is guilty. And we deserve better.

Click Here to see more reviews about: Technical Analysis of the Currency Market: Classic Techniques for Profiting from Market Swings and Trader Sentiment (Wiley Trading)

Proven currency-specific trading strategies from one of today's top currency analysts"If you trade currency, then you need to have this book on your desk. It's the only book you need for technical analysis of the fastest-moving market on the planet."-Rob Booker, Currency Trader, W.R. Booker & Company"In plain English, Schlossberg lays out the basics in using technical analysis to trade foreign currencies, from the fundamentals of how the FX market works to the variety of technical strategies and trade management techniques traders can employ. Along the way, he offers entertaining examples and observations as well as simple, easy-to-read charts and diagrams. Anyone interested in getting started in the hugely popular FX market would do well to begin with this book."-Sarah Rudolph, Executive Editor, SFO Magazine"Boris Schlossberg has done a fabulous job with this book. It's packed with insightful tips and strategies that are sure to save traders a lot of time and money."-Cory Janssen, CoFounder, Investopedia.com"Schlossberg's book is a great resource for traders just starting out in currency markets. His focus on simplicity is critical for a new trader's education on how to make money."-Andrew B. Busch, Global FX Strategist, BMO Financial Group

Buy NowGet 34% OFF

Click here for more information about Technical Analysis of the Currency Market: Classic Techniques for Profiting from Market Swings and Trader Sentiment (Wiley Trading)

Read More...

Hanging Captain Gordon: The Life and Trial of an American Slave Trader Review

Hanging Captain Gordon: The Life and Trial of an American Slave Trader
Average Reviews:

(More customer reviews)
The law on the books was quite clear in 1860. Any American convicted of engaging in the slave trade was subject to the death penalty. Surely Captain Nathanial Gordon from Portland, Maine had no reason to believe that this could ever happen to him as he sailed toward Africa on just such a mission in the Spring of 1860. For up until this time not a single American citizen had ever been sentenced to die for this most heinous of crimes. Yes, the slave trade was alive and well in the year before the American Civil War would commence and a great many Americans were still involved up to their ears. "Hanging Captain Gordon" is author Ron Soodalter's remarkable account of the life and death of one Captain Nathanial Gordon who would pay the ultimate price for essentially being in the wrong place at the wrong time. This is a captivating book that recalls a series of events that history had largely forgotten. It is compelling reading.
Most Americans will be shocked and disgusted when they learn just how widespread slave trading was in the first six decades of the nineteenth century. And what is most disturbing is how complicit many Americans were in this practice. There was lots of money to be made in the slave trade. Here in the U.S. many "respected" businessmen participated as investors in such enterprises. They would outfit the vessels and make all of the other necessary arrangements to carry out the sordid mission. Many of the the most prominent businessmen in New York and other major northern cities were involved. Many other Americans were all too happy to work as officers and crew members on these ships. And just in case someone was caught in the act there were legions of corrupt politicians and judges to provide cover. And so in 1860 as a divided America prepared to face off on the question of slavery here at home a lively slave trade continued to flourish in ports such as Havana and Rio de Janiero. It was Captain Gordon's great misfortune to be nabbed by the American steamer USS Mohican as he sailed westward with some 897 slaves on board. They were packed below like so many sardines. Nathanial Gordon and his crew had been caught red-handed at a time when the political winds at home were shifting dramatically. For it would come to pass that Nathanial Gordon of Maine would be made an example of. History would demand that he pay the ultimate price.
I found "Hanging Captain Gordon" to be very thoroughly researched and particularly well written. This one held my interest from cover to cover. Ron Soodalter gives the reader a very thorough picture of all of the forces at work and players involved in the highly charged atmosphere surrounding the trial and conviction of Captain Gordon. In addition, Soodalter presents more compelling evidence at just how great a President Abraham Lincoln really was. As many in American bombarded the President with requests for a pardon for Captain Gordon Lincoln resisted. He saw the hanging of Captain Gordon as an opportunity to send a clear message to all that slave trading would no longer be tolerated. In the end Lincoln was correct. Slave trading would largely disappear for nearly a century.
Ron Soodhalter concludes "Hanging Captain Gordon" with a "Afterword" on how new forms of slave trading have begun to re-appear in recent years. His examples are surely food for thought. "Hanging Captain Gordon" is packed with material I had never seen anywhere else. This one is an absolute must for history buffs. Highly recommended!

Click Here to see more reviews about: Hanging Captain Gordon: The Life and Trial of an American Slave Trader



Buy Now

Click here for more information about Hanging Captain Gordon: The Life and Trial of an American Slave Trader

Read More...

Broke by the War: Letters of a Slave Trader Review

Broke by the War: Letters of a Slave Trader
Average Reviews:

(More customer reviews)
McElveen was in the employment of ZB Oakes, all the letters are from McElveen to Oakes, I wish it had the return letters back to McElveen. by it was a useful in my geneaology research as well as the mental process of some in the trade business.

Click Here to see more reviews about: Broke by the War: Letters of a Slave Trader



Buy NowGet 12% OFF

Click here for more information about Broke by the War: Letters of a Slave Trader

Read More...

The Nasdaq Trader's Toolkit Review

The Nasdaq Trader's Toolkit
Average Reviews:

(More customer reviews)
This is the hardcopy version of the excellent e-book the "Tools of the Trade." Everything you need to know about execution. Including SuperSoes, SelectNet, Soes, all ECN's. It is the best reference manual I've ever seen. Don't know why they decided to publish in paper.,. Author is former market maker, used to head MB Tradings' trade desk. You can see him at all the trade expos -gives talks about execution. Knows his stuff. Wish I had the book when I started trading direct! Would have saved some of lo$$e$ :)

Click Here to see more reviews about: The Nasdaq Trader's Toolkit

Nothing has changed the markets more in the last few years than the advent of direct access, the combination of NASDAQ Level II quotes and direct order routing which together enable savvy traders to "hit" bids and offers and go up against the market makers. But just having access to these tools is not enough. Knowing how to use the tools-quickly and expertly-is key. In The NASDAQ Trader's Toolkit, a former market maker reveals the secrets of NASDAQ trading systems.

Buy NowGet 32% OFF

Click here for more information about The Nasdaq Trader's Toolkit

Read More...

Black Americana: Price Guide (Antique Trader's Black Americana Price Guide) Review

Black Americana: Price Guide (Antique Trader's Black Americana Price Guide)
Average Reviews:

(More customer reviews)
178 pages of over 300 great black and white and full color photos. Includes a thought provoking introduction by Julian Bond. Covers items from advertising, banks, cookie jars and dolls, to political memorabilia, sports, tobacciana and toys. Estimated values are shown. Clearly demonstrates the role of collectibles in documenting the history of a nation and the culture of its people. A well done, fascinating book.

Click Here to see more reviews about: Black Americana: Price Guide (Antique Trader's Black Americana Price Guide)



Buy Now

Click here for more information about Black Americana: Price Guide (Antique Trader's Black Americana Price Guide)

Read More...

The Day Trader: A Novel Review

The Day Trader: A Novel
Average Reviews:

(More customer reviews)
I read this by chance and made a lucky strike! Mr. Lentz quickly swept me into the rollercoaster world of the Market. His characters take you with them down unpredictable paths. I'm looking forward to more books from David Lentz. Don't be afraid of the formulas in the appendices. They are fun.

Click Here to see more reviews about: The Day Trader: A Novel

Dr. Rich Proffette of the Wharton School in 1999 discovers the Holy Grail of Wall Street: a breakthrough stock trading algorithm with an uncanny ability to predict stock price movements. His trading model, Market Equilibrium Shock Theory, is widely hailed as one of the great economic ciphers of the 20th century and has rewarded him with a vast fortune amid Wall Street's longest Bull Market rampage. Powerful peoplecovet his precious algorithm from underworld hackers to global banks and the U.S. government: all want to seize his priceless intellectual property.The one true love of his life, Katherine North, is a stunning, gifted, Wharton grad student,who co-invented the algorithm. She knows a dark secret which may cost him everything. Take a random walk down Market Street in the City of Brotherly Love as this comic novel engages you inday tradingon Wall Street. "Lentz is a novelist whose knowledge of the inner workings of Wall Street and day trading fuels his plots." - Greenwich Time "A talent for blending a compelling story line with pathos and humor."-The Greenwich Post "A 21st century, digital metaphor."- The Redding Pilot "Lentz's approach to writing is soul driven."- The Weston Forum "He does not manufacture cookie-cutter best-sellers."- The Wilton Bulletin "Super entertainment, a real page turner. Before you know it, you are immersed in the day trader's world and fascinated by the action." - J.C. Ackerman, CEO, Day Trader "For those who have worked on Wall Street or have merely owned a few shares in perplexing markets this book hits home."- Professor Joseph Connolly, MBA, Paris

Buy Now

Click here for more information about The Day Trader: A Novel

Read More...

Hurrah's Nest: Memoirs of a Money Trader Review

Hurrah's Nest: Memoirs of a Money Trader
Average Reviews:

(More customer reviews)
Very entertaining and thought provoking! At the beginning of each chapter, I wondered "what now" and was pleasantly surprised! When I finished the work, my thoughts were first of Nana's words and secondly for poor Dick! Will look forward to the Baby Boomer Memoir's # 2!

Click Here to see more reviews about: Hurrah's Nest: Memoirs of a Money Trader



Buy NowGet 24% OFF

Click here for more information about Hurrah's Nest: Memoirs of a Money Trader

Read More...

Lachlan McGillivray, Indian Trader: The Shaping of the Southern Colonial Frontier Review

Lachlan McGillivray, Indian Trader: The Shaping of the Southern Colonial Frontier
Average Reviews:

(More customer reviews)
Cashin has produced the first attempted full biography of Lachlan McGillivray....a work long overdue. Following Lachlan's career from Indian trader, Indian diplomat, merchant, plantation owner, and politician, one also tracks the progressive evolution of the Georgia colony itself during the 18th Century and its turbulent relationships with neighboring Indian nations.
It is fascinating to learn of Lachlan's diligent efforts to see to the well-being of his Scottish clan members while forsaking the well-being of his own Creek wife and children. Lachlan's only son became the great Creek chief, Alexander McGillivray.
Cashin's work is not without some errors; especially, involving Lachlan's Scottish family tree. However, these errors are do to confusing genealogical records as opposed to poor scholarship.
One glaring error is Cashin's assertion that Lachlan's wife, Sehoy, could not be the daughter of a French military officer by the name of Marchand because no such officer served in the region. One may dispute whether or not Sehoy's father was the Frenchman but there is historical documentation that Commander Marchand did exist at the right place and time to be the husband of the Indian princess.
Another unfortunate aspect of the book is that Cashin adopts the McGillivray family legend that Lachlan arrived in Georgia as an indentured servant and lived in Darien for awhile before moving to Charleston and becoming involved in the Indian trade. Evidence would suggest that Lachlan was never indentured and that he went directly to Charleston to be employed by kinsman Archibald McGillivray's trading company.
Despite these points, Cashin's work is a valuable piece of historic literature.

Click Here to see more reviews about: Lachlan McGillivray, Indian Trader: The Shaping of the Southern Colonial Frontier

On the southern colonial frontier--the lands south of the Carolinas from the Savannah to the Mississippi rivers--Indian traders were an essential commercial and political link between Native Americans and European settlers. By following the career of one influential trader from 1736 to 1776, Edward J. Cashin presents a historical perspective of the frontier not as the edge of European civilization but as a zone of constant change and interaction between many cultures.
Lachlan McGillivray knew firsthand of the frontier's natural wealth and strategic importance to England, France, and Spain, because he lived deep within it among his wife's people, the Creeks. Until he returned to his native Scotland in 1782, he witnessed, and often participated in, the major events shaping the region--from decisive battles to major treaties and land cessions. He was both a consultant to the leaders of colonial Georgia and South Carolina and their emissary to the great chiefs of the Creeks, Cherokees, Choctaws, and Chickasaws.
Cashin discusses the aims and ambitions of the frontier's many interest groups, profiles the figures who catalyzed the power struggles, and explains events from the vantage points of traders and Native Americans. He also offers information about the rise of the southern elite, for in the decade before he left America, McGillivray was a successful planter and slave trader, a popular politician, and a member of the Savannah gentry. Against the panorama of the southern colonial frontier, Edward J. Cashin affirms the importance of traders in regional and international politics and commerce.

Buy NowGet 19% OFF

Click here for more information about Lachlan McGillivray, Indian Trader: The Shaping of the Southern Colonial Frontier

Read More...

ROYAL NAVY VERSUS THE SLAVE TRADERS: Enforcing Abolition at Sea 1808-1898 Review

ROYAL NAVY VERSUS THE SLAVE TRADERS: Enforcing Abolition at Sea 1808-1898
Average Reviews:

(More customer reviews)
In 1807 Britain abolished the Slave Trade and in 1808 the Royal Navy formed it's African Squadron. Their task was to seek out those ships suspected of carrying slaves from Africa to the Americas and elsewhere. In true Nelsonian style, the Royal Navy took the fight to the enemy and sailed their ships right into the heartland through un-chartered rivers in order to destroy the slave ships at close quarters. But the enemy fought back.
For ninety years the Royal Navy fought alone and forgotten. They fought against African chiefs who sold their own people into slavery and against powerful Arabs who made great fortunes. They also fought against well armed and well trained private warships sent to deal with this self-appointed British force. This was a time when masters of slave ships would so arrange the chaining of the slaves below decks that, should a British warship approach, they would open a hatch on the blind side of their ship and drop a heavy weight attached to those shackles sending hundreds of slaves to a watery grave below at a stroke - just so that they could deny having had slaves on board.
It was a long and hard war which cost the British many men and ships until, eventually, Empires within Africa changed over to the export of locally grown produce. Only then had this war been won.
In a thrilling, yet often disturbing account of the final years of the slave trade, author Bernard Edwards provides the reader with a well-balanced account of this little-known period from British naval history.
NM


Click Here to see more reviews about: ROYAL NAVY VERSUS THE SLAVE TRADERS: Enforcing Abolition at Sea 1808-1898



Buy NowGet 24% OFF

Click here for more information about ROYAL NAVY VERSUS THE SLAVE TRADERS: Enforcing Abolition at Sea 1808-1898

Read More...

Fibonacci for the Active Trader Review

Fibonacci for the Active Trader
Average Reviews:

(More customer reviews)
Blends heavy influence of Dinapoli with some Pesavento and Robert Miner. I did notice he used Dynamic Trader for his charting examples, yet failed to mention a thing about Elliott Wave in his methods. The book is simple to read, very much like a Larry Connors style of book. Presents 8 methods, many of them overlapping each other in theory and setups. Basically, trades off confluences of a particular fib retracement (essentially a Wave 4 retracement) and then gives simple fib targets. A trader would gain the most from this book by having an EW background and then interpreting the setups to incorporate with wave counts. Otherwise, I think a new trader might look too hard for a "higher high" and so forth, just to match the setup.

Click Here to see more reviews about: Fibonacci for the Active Trader

In Fibonacci For The Active Trader, Derrik Hobbs will teach you his favorite Fibonacci strategies for anticipating and potentially capturing the most significant turns in stocks, stock indices and exchange-traded funds.--This text refers to an out of print or unavailable edition of this title.

Buy Now

Click here for more information about Fibonacci for the Active Trader

Read More...

A Course in Trading: FT Traders Masterclass Series Review

A Course in Trading: FT Traders Masterclass Series
Average Reviews:

(More customer reviews)
"A Course in Trading" provides a rationale for selecting buy/sell prices and understanding the marketplace. I very much enjoy the concise technical presentation of the complex yet understandable lessons. I have successfully applied the lessons learned to my personal trading activities.
Buy and Hold may not be the best invesment model for the "New Business" paradigm. As history has shown, most of the "original" automobile manufacturers and airlines are now out of business. Accordingly, many of the "New Business" companies will too become extinct. Unless you invest in Mutual Funds, or have some other form of money management, you must participate actively in the market. "A Course in Trading" will provide a rationale for your trading decisions.

Click Here to see more reviews about: A Course in Trading: FT Traders Masterclass Series



Buy Now

Click here for more information about A Course in Trading: FT Traders Masterclass Series

Read More...

Technical Analysis and Stock Market Profits Review

Technical Analysis and Stock Market Profits
Average Reviews:

(More customer reviews)
The ironic thing is, you couldn't tell it was written in 1932 or 2002 .. the techniques are identical to basic TA today , even the psychology section about cutting losses and trading with the trend sound familiar. Certainly revolutionary when it came out, it's somewhat dated now and a bit wordy. Anyone familiar with chart patterns - h&s, wedges, flags, triangles, trendlines will likely find nothing new in this book. Also, the explanations are a bit wordy .. though I suspect this was necessary when no one was familiar with it. I give it 3 stars for content and another for the fact that it was written in 1932. However, an advanced trader will find this book useless other than for sentimental curiosity.

Click Here to see more reviews about: Technical Analysis and Stock Market Profits

Richard W Schabacker's great work, Technical Analysis & Stock Market Profits represents one of the finest works ever produced on Technical Analysis. It is as alive, vital and instructional today, as the day it was written.

Buy NowGet 23% OFF

Click here for more information about Technical Analysis and Stock Market Profits

Read More...