Book 154

Trading ETFs

by Deron Wagner

Published 25 May 2010
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.

This is a comprehensive book filled with technical analysis tools and strategies for the advanced ETF trader. "Advanced Technical Analysis of ETFs" is an important resource for sophisticated ETF traders that contains a wealth of expanded strategies for technical trade setups and includes the author's best real trade examples (both winning and losing), as well as additional user-friendly technical indicators. Step by step this book offers you a how-to guide for profiting from ETFs through a unique strategy of technical analysis that was outlined in Wagner's previous book and summarized in the introduction. The strategy is designed to compare relative strength using a top-down approach. In this book, Wagner focuses on new indicators not previously covered including candlesticks (Doji, Hammers, Hanging Man), Fibonacci, and others. He also explores essential new developments on moving average divergence/convergence (MACD), and institutional trading impact and how these elements now exert influence on the market. This is a vital resource written for ETF traders who are ready for the next level of sophistication.
It contains the author's signature "my best and worst trades" with real examples from his daily trading at a hedge fund. It includes case studies that focus on the technical indicators outlined in the book. It explores the role of market psychology for technical analysis traders and his trademark slogan, "Trade what you see, not what you think". Written in a straightforward and accessible style, this book will help sophisticated traders make the most of today's ETFs.