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A Book Review – “Full of Bull: Do What Wall Street Does, Not What It Says, To Make Money in the Market” – by Stephen T. McClellan

Two weeks ago, I was posted a review copy of the Stephen T. McClellan’s title “Full of Bull: Do What Wall Street Does, Not What It Says, To Make Money in the Market”. Below you can find our doitinvest.com review…
I was quite curious about the book since it had a good press from other reviewers. Furthermore, the author was an investment analyst for quite a long time by then, so I thought it would be interesting to see the insider’s guide on how the big banks treat their investments.

Much of the text is autobiographical anecdotes about what it’s like to be an analyst. Those parts reminded me of “Beat the Forex Dealer”, the book written by Augusto Silviani, where he has a nice small chapter dedicated to the investment analysts. Silviani told there that the analysts are…well… full of you know what. The argument was that their only job became to protect the guild and not to balance too much on one side or another, unless there was overriding evidence on it. In other words, cover yourself and be able to pretend at any time that you were on the winning side.
The book works pretty well for the reader, since McClellan has some years of experience in the field. Read More »A Book Review – “Full of Bull: Do What Wall Street Does, Not What It Says, To Make Money in the Market” – by Stephen T. McClellan

A Book Review – “Harmonic Trading – Profiting from the Natural Order of the Financial Markets” – volume 2 by Scott M. Carney

Looking at the first volume of “Harmonic Trading” I already arrived at the conclusion that there was something special about it. Maybe the combination of technical analysis precise tools with some interesting applications of mass psychology to trading, maybe the quick and informal style of Scott Carney, who knows… Bottom line, I enjoyed the new twists on the old techniques of “wave trading” or pattern recognition on the tech analysis.Read More »A Book Review – “Harmonic Trading – Profiting from the Natural Order of the Financial Markets” – volume 2 by Scott M. Carney