Links, References, Tools, Etc

FINANCIAL TOOLS
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VTO Report
http://www.vtoreport.com/index.html
One of my favorite sites, and one of the most visually appealling. This site graphically depicts some useful information, i.e., Commitment of Traders Report, and useful sentiment indicators. It also has one model trading system that refutes the theory that the markets can't be timed. It is a simple system that uses a 5 day RSI for the Nasdaq 100 (QQQQ). See the site for details. The site maintains the lists of trades the signal has generated since 1997. The system has never had a losing year, and that is pretty remarkable. The records, both wins and losses, are there for the world to see.
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READING MATERIAL RESOURCES:
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Reminiscences Of A Stock Operator, by Edwin LeFevre. A classic. A great read even if you don't trade, loaded with timeless insights. Martin Zweig, who I used to enjoy when he was a guest on Wall Street Week, and who wrote another of my favorite market books, used to give Reminiscences to all his new employees as required reading.
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The Battle for Investment Survival, by Gerald M. Loeb. This book was originally authored in 1935, and was updated a few times after that. It is mostly a collection of essays on various aspects of trading. Loeb believed in short term trading. He considered it safer than buy and hold, so it makes an interesting read on that basis, since most experts today extol the virtues of buy and hold.
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How I Made $2,000,000 In The Stock Market, by Nicolas Darvas. Another classic IMO, and also an entertaining read. This is the story of how an amateur investor, without access to the daily markets as he travelled around the world, amassed a fortune.
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Winning On Wall Street, by Martin Zweig. Another enjoyable read (and he grew up a Cleveland Indians fan). Although some of the specific techniques and tools are dated and don't work as well as they once did, the book is still valuable for demonstrating the importance of building systems to try and get an edge in trading.
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