Trade Like a Hedge Fund – 20 Successful Uncorrelated Strategies and Techniques to Winning Profits Hardcover - 2004 - 1st Edition

Learn the successful strategies behind hedge fund investing Hedge funds and hedge fund trading strategies have long been popular in the financial community because of their flexibility, aggressiveness, and creativity. Trade Like a Hedge Fund capitalizes on this phenomenon and builds on it by bringing fresh and practical ideas to the trading table. This book shares 20 uncorrelated trading strategies and techniques that will enable readers to trade and invest like never before. With detailed examples and up-to-the-minute trading advice, Trade Like a Hedge Fund is a unique book that will help readers increase the value of their portfolios, while decreasing risk. James Altucher (New York, NY) is a partner at Subway Capital, a hedge fund focused on special arbitrage situations, and short-term statistically based strategies. Previously, he was a partner with technology venture capital firm 212 Ventures and was CEO and founder of Vaultus, a wireless and software company.

The gap trade is the bread and butter trade for many day traders and hedge funds.

High-performing and highly leveraged, hedge funds are among today's most talked-about subjects in the world of investing. But it's 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 today's well-documented hedge fund successes.

Learn the tips and techniques that allow fund managers and frontline traders to:

• Identify stocks that are gapping up or down, then trade those with the greatest short-term likelihood of filling that gap
• Intraday trade the NYSE tick indicator-perhaps the purest indicator of investor sentiment at any given second
• Provide impressive short-term trading profits using an innovative Bollinger Band--based trading system
• Buy a portfolio of less-than-five-dollar stocks-and average over 100 percent annual return
• Follow the low-profile movements of fixed-income investors for valuable clues to equity market direction
• Profit from playing stocks on the verge of being deleted-not added, but deleted-from major indices
• Profit from trading against common market fallacies that continually win praise even as they are continually proven wrong

Despite evidence to the contrary, hedge fund managers and traders are not magicians. But they are distinctive and savvy traders who-as opposed to staid, rules-driven mutual fund or portfolio managers-enjoy 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 seamlessly-and profitably-integrate into your own trading program.