New Trading Dimensions: How to Profit from Chaos in Stocks, Bonds, and Commodities
By Ben Williams and Robert Williams
Some books manage to stand the test of time and this appears to be one of them. First published two decades ago in 1998, this book by Ben Williams and Robert Williams is based around the application of chaos theory to the financial markets. This offers a different spin to many other trading advice books which center on how to get started and basic strategies, so for more advanced traders looking for a new slant on things, this should fit the bill.
With so many different books on CFDs and forex and any number of trading strategies, it can sometimes be hard to find one with a wholly different approach to trading. This book is based on Ben Williams’ pioneering application of chaos theory to financial markets, and assesses how spotting volatility at the right time is one of the best ways to secure success in what can be a difficult market at the best of times.
Aimed at shedding some light onto how the markets tend to follow cycles which can be linked to various political outcomes, it suggests that by learning to know when a change is coming, it becomes much easier to get gains from trading.
Chaos theory tends to indicate that despite all the volatility, it usually ends up heading towards a certain result. This can be spotted in news trends as well as how the markets react to it, and by keeping up and ahead of the trends, it is possible to make the right moves before anyone else does.
By combining aspects of developing the intuition of the trader and gaining the right insights, the authors believe it is possible to hone the trading craft to such a level that positive outcomes become much more likely. With strong levels of detail and plenty of accessible information, this book has a lot to offer for those interested in this subject.
Hardcover: 284 pages
Publisher: John Wiley & Sons (22 Sept. 1998)