Authors: Altucher
ISBN-13: 9780471484851, ISBN-10: 0471484857
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: February 2004
Edition: (Non-applicable)
JAMES ALTUCHER is a partner at Subway Capital, a hedge fund focused on special arbitrage situations and short-term statistically based strategies. He writes for TheStreet.com, Street Insight, and StreetView, and has been a guest on the television show Kudlow & Cramer. Previously, he was a partner with the technology venture capital firm 212 Ventures and was CEO and founder of Vaultus, a wireless and software company. He holds a BA in computer science from Cornell and attended graduate school for computer science at Carnegie Mellon University.
High-performing and highly leveraged, hedge funds are among todays most talked-about subjects in the world of investing. But its not the hedge fund managers doing the talking. These secretive financial pros, while relentlessly pursuing every possible angle to provide their clients with far-better-than-average returns, are just as relentless in revealing as little as possible about the techniques they use to achieve those returns.
Trade Like a Hedge Fund changes all that. Written by hedge fund manager James Altucher, this technique-heavy introduction to the day-in, day-out world of hedge fund trading explores twenty trading systems, strategies, and techniques that active traders can use to uncover hidden pockets of inefficiency in any market. Altucher is well known to hedge fund managers and other market professionals for his regular contributions to TheStreet.com, and he wastes no time in getting right to the bread-and-butter trading strategies that form the foundation of todays well-documented hedge fund successes.
Learn the tips and techniques that allow fund managers and frontline traders to:
Despite evidence to the contrary, hedge fund managers and traders are not magicians. But they are distinctive and savvy traders whoas opposed to staid, rules-driven mutual fund or portfolio managersenjoy the freedom to employ virtually any strategy in search of trading profits for their high-wealth clients. Let Trade Like a Hedge Fund give you a rare first-person look inside the world of the hedge fund manager, and introduce you to numerous hedge-fund techniques and tactics that you can seamlesslyand profitablyintegrate into your own trading program.
Trade Like a Hedge Fund is to investing what Julia Child's The Art of French Cooking is to cuisine.
Introduction | ||
Technique 1 | The Bread and Butter Trade - Playing Gaps | 1 |
Technique 2 | How to Play the QQQ-SPY Spread Using Unilateral Pairs Trading | 23 |
Technique 3 | Buying Bankruptcies | 49 |
Technique 4 | Using the TICK | 55 |
Technique 5 | Playing the Bands | 67 |
Technique 6 | Stocks Less Than $5 | 77 |
Technique 7 | The Slow Turtle | 83 |
Technique 8 | The QQQ Crash System | 97 |
Technique 9 | The Relative Fed Model (and Other Fun Things You Can Do with Yields) | 111 |
Technique 10 | Deletions from the Indexes | 119 |
Technique 11 | Everything You Wanted to Know About the 200-Day Moving Average but Were Afraid to Ask | 133 |
Technique 12 | End of Quarter, End of Month, Outside Month | 141 |
Technique 13 | Ten Percent Down - Panic 101 | 147 |
Technique 14 | Taking Advantage of Option Expiration Day | 155 |
Technique 15 | Extreme Convertible Arbitrage | 163 |
Technique 16 | Intraday Bollinger Bands | 169 |
Technique 17 | All Good Things Come in Fours ("4" Is a Magic Number) | 179 |
Technique 18 | The Wednesday Reversal | 189 |
Technique 19 | What Does Not Work? | 205 |
Technique 20 | Reading List | 211 |
Index | 221 |