Against the Crowd

Against the Crowd

Author: Alan Potts

Publisher: Aesculus Press Ltd

Published: 2004

Total Pages: 130

ISBN-13: 9781904328186

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The methods of a modern backer. Alan Potts is a full-time professional punter, who makes a steady and lucrative income from gambling. In this book, he reveals, for the first time, the techniques and methods that consistently give him the edge over bookmakers. Anyone who bets on horses will find valuable insights on how to become - and stay - a winner.


Beat the Crowd

Beat the Crowd

Author: Kenneth L. Fisher

Publisher: John Wiley & Sons

Published: 2015-03-30

Total Pages: 325

ISBN-13: 1118973054

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Train your brain to be a real contrarian and outsmart the crowd Beat the Crowd is the real contrarian’s guide to investing, with comprehensive explanations of how a true contrarian investor thinks and acts – and why it works more often than not. Bestselling author Ken Fisher breaks down the myths and cuts through the noise to present a clear, unvarnished view of timeless market realities, and the ways in which a contrarian approach to investing will outsmart the herd. In true Ken Fisher style, the book explains why the crowd often goes astray—and how you can stay on track. Contrarians understand how headlines really affect the market and which noise and fads they should tune out. Beat the Crowd is a primer to the contrarian strategy, teaching readers simple tricks to think differently and get it right more often than not. Discover the limits of forecasting and how far ahead you should look Learn why political controversy matter less the louder it gets Resurrect long-forgotten, timeless tricks and truths in markets Find out how the contrarian approach makes you right more often than wrong A successful investment strategy requires information, preparation, a little bit of brainpower, and a larger bit of luck. Pursuit of the mythical perfect strategy frequently lands folks in a cacophony of talking heads and twenty-four hour noise, but Beat the Crowd cuts through the mental clutter and collects the pristine pieces of actual value into a tactical approach based on going against the grain.


Trading Against the Crowd

Trading Against the Crowd

Author: John F. Summa

Publisher: John Wiley & Sons

Published: 2004-10-27

Total Pages: 227

ISBN-13: 0471701017

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Efficient market theorists contend that markets are random and thus not predictable. With the publication of Trading Against theCrowd, however, noted author, economist, and professional trader John Summa convincingly shows that investor sentiment can be incorporated into profitable stock and stock market trading systems. In this groundbreaking book, Summa explains how to use popular gauges of crowd psychology, such as put/call ratios, option-implied volatility, short sales, investor surveys, and advisory opinion to trade against, or contrary to, prevailing market sentiment. He also makes compelling arguments against the efficient markets hypothesis with the presentation of his own quantitative weekly bear and bull news-flow intensity indices, which he builds from news scans. This data series, and other popular measures of crowd psychology, are processed through custom indicators that are programmed into profitable trading systems, such as Squeeze Play I & II, Tsunami Sentiment Wave, and the Fourth Estate. Trading Against the Crowd is the first book to provide a comprehensive assessment of investor crowd psychology, offering valuable market timing tools and trading techniques, including: MetaStock and Trade Station system and custom indicator code; comparative statistical studies of CBOE, OEX, and equity-only put/call ratios; straightforward instructions for combining price triggers with sentiment indicators; a practical guide to understanding put/call ratios, short sales, investor surveys, newsletter opinion, and stock market news-flow intensity; how to use LEAP options as trading vehicles to avoid use of stop loss orders; use of put/call ratios for trading the Treasury bond futures market; and test results and evaluation of trading system performance. Many of today’s professional money managers rely on investor sentiment for improved market timing. They know that at extremes of market sentiment, markets tend to be the most predictable.Trading Against the Crowd shows how you can begin to profit from these short- to medium-term sentiment waves generated by the actions of the speculative crowd. Put into practice powerful sentiment data using thoroughly back-tested trading systems, and rise above the herd mentality of the investor crowd, where potentially large profits await.


The Sceptical Investor

The Sceptical Investor

Author: John Stepek

Publisher: Jaico Publishing House

Published: 2019-10-17

Total Pages: 227

ISBN-13: 9388423666

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How Contrarians Bet Against the Market and Win—and You Can Too Standing out from the crowd goes against our natural instinct. Which is, of course, why it works. With the relentless growth of passive investing—investors blindly following the market—the opportunities for a smart investor to profit by betting against the crowd should be greater than ever. Yet, being a contrarian is hard work. You need to adopt a sceptical mindset: a flexible mode of thinking that allows you to stand back and spot when the market’s view of the world is badly out of touch with reality—and the best way to profit when reality eventually reasserts itself. In The Sceptical Investor, John Stepek, Executive Editor of MoneyWeek, pulls together the latest research on behavioural finance, and examples from well-known contrarian investors, to offer practical techniques to help you spot opportunities in common investment situations, from turnaround plays to bubbles and busts, that others in the market miss. JOHN STEPEK has been writing about business, economics and investment for more than 20 years. He is the Executive Editor of MoneyWeek, a bestselling weekly investment magazine.


The Volatility Course

The Volatility Course

Author: George A. Fontanills

Publisher: John Wiley & Sons

Published: 2002-10-11

Total Pages: 360

ISBN-13: 9780471398165

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It takes a special set of trading skills to thrive in today's intensely volatile markets, where point swings of plus or minus 200 points can occur on a weekly, sometimes daily, basis. The Volatility Course arms stock and options traders with those skills. George Fontanills and Tom Gentile provide readers with a deeper understanding of market volatility and the forces that drive it. They develop a comprehensive road map detailing how to identify its ups and downs. And they describe proven strategies and tools for quantifying volatility and confidently developing plans tailored to virtually any given market condition. The companion workbook provides step-by-step exercises to help you master the strategies outlined in The Volatility Course before putting them into action in the markets.


Ralph Compton Never Bet Against the Bullet

Ralph Compton Never Bet Against the Bullet

Author: Jackson Lowry

Publisher: Penguin

Published: 2020-06-02

Total Pages: 322

ISBN-13: 0593100654

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In this thrilling new Ralph Compton Western, the fate of a small town rests in the hands of a gambler who’s ready to risk more than money. The people of Meridian, Colorado, live and die by coal mining, and when the railroad bypasses them, their livelihood is in peril. However, they discover that for a hefty sum of money they can create a spur line and save the town. A hefty sum that the town does not have. Their only hope is former gambler Asa Newcombe. The townspeople pool their money so Newcombe can enter the big poker game in Golden Junction, and as much as he wants to leave his past life behind, the whole town is counting on him. Winning the big pot will burnish his reputation, but his goal is simple: Get the money and get out alive. His opponents include wealthy ranchers, tinhorn gamblers, and men who are outright criminals—and many of them will stop at nothing to make their fortune, even if they have to cheat, drug, or kill to do so....


Paradoxes in Probability Theory

Paradoxes in Probability Theory

Author: William Eckhardt

Publisher: Springer Science & Business Media

Published: 2012-09-27

Total Pages: 85

ISBN-13: 9400751397

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Paradoxes provide a vehicle for exposing misinterpretations and misapplications of accepted principles. This book discusses seven paradoxes surrounding probability theory. Some remain the focus of controversy; others have allegedly been solved, however the accepted solutions are demonstrably incorrect. Each paradox is shown to rest on one or more fallacies. Instead of the esoteric, idiosyncratic, and untested methods that have been brought to bear on these problems, the book invokes uncontroversial probability principles, acceptable both to frequentists and subjectivists. The philosophical disputation inspired by these paradoxes is shown to be misguided and unnecessary; for instance, startling claims concerning human destiny and the nature of reality are directly related to fallacious reasoning in a betting paradox, and a problem analyzed in philosophy journals is resolved by means of a computer program.​


Winning Without Thinking

Winning Without Thinking

Author: Nick Mordin

Publisher: Aesculus Press Ltd

Published: 2002

Total Pages: 650

ISBN-13: 9781904328001

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How to take advantage of recurring patterns in the results of horse-race Basic principles that govern racing results and the betting market Mistakes commonly made by the general betting public - and how to exploit them Full details of betting systems used by professional gamblers that have made them millions How to predict and profit from new trends How to use computers to increase your returns from betting