7/26    What is a good book(/other) about currency trading?
        \_ "Heart of Darkness?"  Why don't you find an honest way to invest,
           fucker?
           \_ your vitriol excites me.  Are you accepting applications for
              "follower"?
              \_ you will paint silly slogans on your buttcheeks and run around
                 without pants in front of the webcam on sproul.  you will
                 then bury your resume in gravel for 5 years, unicylcle
                 acreoss the bay bridge in critical mass, and report back
                 to the motd.
           \_ honest?  it's high risk. it is not in any way dishonest or
              ethically different than other financial investment options.
              did you get robbed?  that could've happened to you in any
              market.  you got greedy and got burned.
        \- uh it depends a lot on your fianance and math background and
           your interest in the theory-practice spectrum. for general
           stuff you can look at one of the JCox books. There are also
           some books by DeRosa. you might read some stuff by R. Mundell
           on fundamentals. i havent been keeping up on the literature for
           5-6 years so these might be somewhat non-contemporary but i wouldnt
           call what they cover out of date. note: a lot of the good books in
           this area are really expensive. i suspect the classics will be
           hard to get from the lib. might be a good "secondary market"
           however. a good WEEB site is http://riskbooks.com. --psb
        \_ I thought currency trading was all about finding negative cost
           cycles in dags? -- ilyas
                     \- do you mean dir acyclic graph or is this some
                        finance terms i dont know? if you are referring to
                        fast ways to compute arbitrage stratgies, there is
                        more to FX than arbitrage. for home users arb is
                        hardly the business to get into. --psb
                        \_ Yup, directed acyclic graph.  Probably need
                           lots of money to make money on arbitrage.
                           -- ilyas
        \_ damn you guys are rich
           \_ yeah, don't you need like $3million in an account before you are
              covered to make these kinds of trades?
        \_ if you had enough skill and money and knowledge to successfully
           get into arbitrage you wouldn't be asking here about it.  your
           question is no different than, "i sometimes have headaches, what
           is a good book on brain surgery on yourself?"
           \_ isn't this the stuff that you can get a job making $400K+
              immediately after finishing an an NYU PhD about?
              \_ sometimes, yes.  it's also easy for everything to fall to
                 shit in minutes while you're in the bathroom.  it's *very*
                 high stress and most people don't last more than 3 years in
                 the field before they completely burn out.  arbitrage is a
                 24x7 activity.  they can never sleep.  they have to have
                 alerts and triggers set to wake them if something ugly
                 happens on the market with zero response time.  etc,etc,etc.