Trading ETFs (Exchange Traded Funds) provides a detailed examination of the most effective investment strategies for this asset class, a sector that has seen massive growth in recent years.
Unlike most books on Exchange Traded Funds (ETFs), the strategies in this book are based on technical analysis - the only way, in the author's experience, to have a greater than 50:50 chance of predicting the short- and intermediate-term trends of ETFs. It covers the many different types and families of ETFs, including the new sector-specific ETFs and bond ETFs.
ETFs, index-tracking funds listed on an exchange, have seen an astronomical increase in recent years - within the past year alone, total assets in US ETFs jumped 41% to nearly US$500bn. The ETF 'basket' of funds was created as a way for investors to combine the potentially high returns of individual stock trading while still receiving the diversification benefits of mutual funds.
BOOK DETAILS :Hardback, 304 Pages, Dimensions 246 x 189 MM Language English.
A recognized expert on ETF trading, Deron Wagner is the founder and head trader of Morpheus Capital LP, a US hedge fund, and Morpheus Trading Group, a trader education firm that provides daily technical analysis of the leading ETFs and stocks. He produces a number of Internet newsletters and his work appears regularly on three popular websites: TradingMarkets.com, HardRightEdge.com and REDoption.com. He is the co-author of The Long-Term Day Trader and The After-Hours Trader.