As a long time lurker let me try to post something useful for a change. I don't know your background. Any experience with math / finance / economics / poker?

For the real deal about currencies, derivatives, options, swaps etc. buy "the bible" from Hull and try to make some exercises. This is not a casual book - very dense and a lot of math.

A book about the mindset you need to have is "What I learned losing a million dollars". I recommend this book, also an interesting read for poker players.

Nice interviews with legendary traders: "Market wizards".

Some casual reads about trading: training new traders, trading in the '80s and the credit crunch.

For macroeconomics you can read this primer from Greg Mankiw. The guy has a nice blog as well. You can also buy the economist every once in a while.

For the latest news, analysis and gossips about the markets I highly recommend the Financial Times Alphaville blog. They post a lot of links to other interesting reads as well. Zerohedge is a nice starting point as well, though sometimes a bit too cynical as far as I am concerned.

That's a generic starter kit - should get you through the interview I cannot recommend more unless you give more details about your internship. Trading cattle futures on the floor is probably completely different from trading bond spreads or HFT arbitrage. Also, if you pass the interview I think you learn more from trying and especially observing good traders rather than reading a ******** of books.

Good luck, keep us posted!

Thanks very much. I am second year economics student in uk, so mankiw is out for me and I read his blog which is quite good. For macro last year I read Blanchard Macroeconomics. Thanks for suggestions, I already have hull from uni library.

anyone have any suggestions for a book on trading. my brother has been building his own hedgefund for like 2 years now and it is getting close to launch. are there any books you might suggest to help him improve his strategies.

Wait, he is nearing launch of a hedge fund and wants to read books to improve his trading at this point?

This is a horrible sign. I'm sorry I can't be of any help, but him having people's money like that and looking for trading advice in books is just wow to me.

No he has everything pretty much set. I was just looking for a book I could get him for christmas. Something that would let him refine his strategies.

Also it is just for his own money

I have access to Schwab's research section and the corresponding articles (and some webinars too I believe). Are there any articles worth reading there?

Also, is there trading platform adequate (StreetSmart)?

thx for this list

Anyone have any recommendations for trading ETFs?

trading or investing?

Trading if there are any good ones. If there are not many good ones, then investing should work too.

http://www.direxionshares.com/etfs

^just make sure u avoid the super illiquid ones

http://etf.stock-encyclopedia.com/

decent list

When you said trading I am guessing u meant intraday. So the Direxion 3X leveraged is up that alley. Almost forgot. Don't hold those overnight. If u had to 2-3 days MAX bc they decay like a mother ****er bc of the way they roll the contracts

Im very noob, looking for a resource that will help me to get aquinted with all the stock "fundamentals" like Profitbality, valuation, financial strength, mangement effectiveness etc...... This info is provided for me in my stocktrade quotes and research but i have no idea wtf im looking at.

Read the books under the Investing Section of the first post. Particularly, Security Analysis by Graham.

My first post here.

http://www.tradeworx.com/TWX-SEC-2010.pdf

This is a really nice piece on High Frequency Trading written by an insider. It’s down to earth and answers a lot of questions for people who know something and people who dont know anything about HFT. It’s also very non-technical.

Gives a lot of answers (from the HFT-view point) where profit opportunities come from, what market liqiudity really is, what defines active/passive trading etc.

anyone here work at Facebook or dealt with claiming businesses on Facebook Places?

Got a bunch of books today, looking forward reading them

I keep a link of blog posts and trading blogs on a google spreadsheet that I pass along to some friends. Maybe you guys might want to take a look:

https://spreadsheets.google.com/ccc?...0D&hl=en#gid=0

I remember reading more BFI starting 2008... and I've realized that 2+2 is biased on these subjects w.r.t. to financial markets:
1. value investing
2. macroeconomics
3. technical analysis (abstract, rather than applied)

I don't know why there isn't more on specific momentum stock trading strategies? I think there has been an explosion in quality education there last 2-3 years due to StockTwits, Twitter, blogosphere, more choices for retail, etc. It's more shop talk and less intellectual discussion (i.e. "does TA work or not" or "does daytrading work or not").

Some of my favorites:
JohnWelshTrades -- great short seller
SMB Capital -- incredible detail on tape reading
Stockbee -- explains momentum swing trading very well
InvestorsLive -- incredible nose for penny stocks (on the stie read the nightly scans like 'Stocks on Watch for the 10th of February', forget the other junk)

Why pay to read, when you can listen for free:

The Intelligent Investor

What would you recommend for someone interested in starting/running their own business?

Memos from Howard Marks, v highly respected investor.
Some of the stuff is heavy going in parts but also some v insightful analysis. Check out " Hemline" in 2010, for instance, a v insightful analysis of the history of share/bond investing. Some great stuff also on the Tech bubble.
http://www.oaktreecapital.com/memo.aspx

I was looking for some sources to read up on Healthcare, specifically Startups such as Home Health Agencies, Home Infusion, Durable Medical Equipment Supplies, Independent Testing Facilities, Adult Day Health Centers, Hospice, Dialysis Centers, etc. Would like to know more about licensing process, timeframes, staffing, real estate requirements, State by State restrictions, other variations.

Thanks in Advance

Let me know if there might be a better place to post this

http://macrospeculations.blogspot.co...bal-macro.html

highly recommended

Check out http://www.gmo.com
for Jeremy Grantham's quarterly commentary, James Montier, Edward Chancellor and others plus regular asset class return forecasts.Some great analysis on asset bubbles in particular. Absolute gold for anyone interested in investing. Registration required.


This guy is a Canadian value investor, updates his blog daily, loads of company profiles, book summaries, general investing info.
http://www.barelkarsan.com/