Trading ETFs (eBook)

Gaining an Edge with Technical Analysis

Deron Wagner (Autor)

eBook Download: PDF | EPUB

2010 | 1. Auflage
256 Seiten
John Wiley & Sons (Verlag)
978-0-470-88530-7 (ISBN)

Infos

An exchange-traded fund (ETF) is a basket of stocks that trades on
an exchange with the same simplicity and liquidity of an individual
stock. By the end of 2007, 546 ETFs were trading on U.S. exchanges
and some 450 were in registration. The total asset growth of ETFs
has been equally impressive, doubling every year since 1994 and
reaching $5.8 billion in 2007.

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:

* Exposure to equities at a lower level of risk than trading
individual stocks

* Lower fees

* Access to markets that were previously difficult and expensive
to participate in, including: Government Treasury bonds,
international markets, commodities and even currencies.

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:

* A 'top down' trading strategy that increases an investor's odds
of success

* A method for identifying the strongest sector indexes

* A method for identifying the ETF families with the greatest
relative strength

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)

Autor

Deron Wagner is the founder and head portfolio manager of Morpheus Capital LP, a U.S. hedge fund, and Morpheus Trading Group, a trader education firm that provides daily technical analysis of leading ETFs and stocks. Wagner is coauthor of The Long-Term Day Trader (Career Press, 2000) and The After-Hours Trader (McGraw-Hill, 2000), and he also appears in his popular DVD, Sector Trading Strategies. He teaches his trading methodology to nearly 3,000 Internet subscribers of his free weekly newsletter, The Wagner Weekly, and has a subscription newsletter, The Wagner Daily. He is a frequent guest speaker at various financial seminars around the world and has appeared on CNBC and ABC.

Inhalt

Foreword.

Acknowledgments.

Part One: ETF Overview and Selection.

1 Why Use Technical Analysis with ETFs?

2 Major Types and Families of ETFs.

Part Two: ETF Selection Through Technical Analysis.

3 The Top-Down Strategy.

4 Finding Indexes with the Most Relative Strength.

5 Selecting the Best ETFs.

6 Supplementing the Basics.

Part Three: Timing Your Entries and Exits.

7 Strategies for Entry.

8 Strategies for Exit.

9 Ten ETFs Bought Long.

10 Ten ETFs Sold Short.

Part Four: Fine-Tuning Your Strategy.

11 Tailoring Your Approach.

12 Additional Pointers.

Afterword.

Suggested Reading.

Index.

Rezensionen

"Valuable not only for a comprehensive cataloguing of the vast
array of exchange-traded funds that are now available but also for
the insights into successful trading techniques, Deron Wagner's
Trading ETFs should become the definitive guide to this
increasingly vital part of the capital markets. The book includes
numerous examples of the kinds of techniques that Wagner uses in
his selection of the most timely ETFs to trade and underscores one
of the core insights of his trading discipline, which is to
'trade what you see, not what you think.' This book is
recommended both to professionals who are using--or should be
using--ETFs as an asset class within their portfolios, as well
as for the individual investor who wants exposure to wider sectors
and geographical regions than those available, with comparable
cost-effectiveness,elsewhere."

--Clive Corcoran, Publisher and editor,
TradeWithForm.com

Author, Long/Short Market Dynamics

Pension fund manager and commentator on CNBC's European Closing
Bell

"Deron Wagner has written an excellent book, backed up by solid
research and informative examples. This is one of the most
illuminating works on exchange-traded funds written in recent
years. His incisive commentary on position sizing alone is worth
the cost of the book."

--Alan Farley, Publisher and editor,
HardRightEdge.com

Author, The Master Swing Trader

"Deron Wagner has written a terrific book on ETFs based on his
extensive experience as a trader. He provides numerous insights and
examples of his successful trading style. This is truly a must-read
book for anyone who trades or is thinking of trading this
fascinating investment product."

--Michael Sincere, Author, Understanding Options
and Understanding Stocks

"Having traded the ETF markets since their infancy, Deron Wagner
offers the reader a voice of true experience. In this book, he
describes an analysis structure that has withstood the test of
time. Investors looking for an edge in the ETF marketplace need
look no further!"

--Bo Yoder, Trader and risk management consultant

Founder, BoYoder.com

"With ETFs now available for the broadest market indexes to the
most focused of sectors, Deron's new book on ETFs is a
must-read for investors and traders wanting to simplify the choice
of which ETFs to trade and how to trade them."

--Greg Capra, President and CEO, Pristine.com

Produkt-Details

• Erscheint lt. Verlag: 9.6.2010
• Reihe/Serie: Bloomberg Professional
• Reihe/Serie: Bloomberg Professional
• Vorwort: Marvin Appel
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• Schlagworte: Börsenhandel • Börsenhandel • Finance & Investments • Finanz- u. Anlagewesen • Trading
• ISBN-10: 0-470-88530-0 / 0470885300
• ISBN-13: 978-0-470-88530-7 / 9780470885307