Exchange-traded funds (ETFs) are a large and growing part of the investment community. They are also one of the best ways to participate and profit from a wide range of sectors, industries, and geographical regions.
Nobody knows this better than author Deron Wagner, an experienced ETF trader and founderof Morpheus Capital LP. And now, in the Second Edition of Trading ETFs, he outlines a logical, step-by-step approach that will enable you to easily master ETF trading by using technical analysis and "trading what you see, not what you think."
Divided into four comprehensive parts, this reliable resource puts Wagner's successful trading style in perspective and reveals how you can effectively use it in your short-, intermediate-, or long-term trading endeavors. Chapter by chapter, it skillfully:
* Provides you with a brief history of the growth of ETFs and describes the major families and types of ETFs--from PowerShares and iShares to inversely correlated and leveraged ETFs
* Discusses how Wagner's "top-down" strategy of ETF trading always favors your odds ofsuccess in both up and down markets
* Examines strategies for determining ideal entry and exit points and walks you through real trades Wagner has made--with the actual outcome of the trades, using real capital, also presented
* Offers a host of pointers to help fine-tuneyour strategy after putting it into action--touching upon such topics as position sizing, getting efficient ETF executions, and identifying relative strength during intraday trading
Whether you're a full-time professional investor or someone who wishes to learn new techniques for actively managing your personal portfolio, you will benefit from this book. Thoroughly revised and updated to reflect today's dynamic market, Trading ETFs, Second Edition has what you need to succeed in this field.
A comprehensive catalog of exchange-traded funds and insights into successful trading techniques
This Second Edition of the bestselling Trading ETFs offers an updated version of the definitive guide to this vital part of the capital markets. It contains numerous new examples of the techniques that author Deron Wagner uses in selecting the most timely ETFs to trade and underscores the core insights of his trading discipline "trade what you see, not what you think."
Written for professionals who are using, or should be using, ETFs as an asset class within their portfolios, as well as the individual investor who wants exposure to wider sectors and geographical regions than those available elsewhere.
* This revised edition of the classic resource focuses on the pros, cons, and potential pitfalls of trading the latest class of ETFs
* Includes inversely correlated and leveraged ETFs and the dangers, risks, and benefits associated with each new class of ETF
* Contains a refresher on the initial concept of ETF selection and new case studies on ideal entry and exit points as well as examples of real trades
This thoroughly revised and updated edition offers a "go-to" reference for understanding exchange-traded funds.
Deron Wagner
Börsenhandel Finance & Investments Finanz- u. Anlagewesen Trading