In Trading ETFs: Gaining an Edge with Technical Analysis money manager Deron Wagner introduces the major types and families of ETFs and then provides step-by-step guidance to picking and trading funds.
Benefits of ETFs include:
Unlike other books on ETFs, Wagner's strategies are based on technical analysis, a method of timing the market that greatly improves an investor's chances of predicting short and intermediate term ETF trends.
Benefits of Wagner's approach include:
ETFs are as easy to invest in as mutual funds and they will soon be as popular. Wagner's comprehensive catalog of the ETFs now available, his insights into successful trading techniques, and his solid research and informative examples, will be an invaluable resource for everyone trying to come up to speed on this new investment opportunity.
Gold Medal Winner (tie), Investing Category, Axiom Business Book Awards (2009)
Wagner focuses first on the skills necessary for sector trading – identifying the realm of tradeable sectors, picking the best indicators, and analyzing risk – then lays out his top three strategic methodologies for effective sector trading. To maximize the power of this guide, you'll also receive access to an interactive online review tool at Traders' Library's Education Corner.
Inside, learn the nuts and bolts of successful sector trading:The basics of reciprocal relationships and how to profit from them; How to follow mutual fund and other institutional money flow to find the next big trade; How and when to rotate your investment capital and optimize your returns; How to identify strong and weak sectors to place trades that have the best possible upside; Various methods for entering and exiting positions to gain and protect profits; How to increase your daily number of trading opportunities to exploit any market condition; How ETFs and options can be leveraged to get the most from the least; How to analyze risk to increase your trading peace of mind.
To obtain the trading power of the big institutions, you need Wagner's Sector Trading Strategies. With his help, you will be able to generate consistent profits no matter what the markets throw your way.
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.