Review A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles
by JACK D. SCHWAGER, MARK ETZKORN
Description
This book is the ultimate resource guide to futures. It discusses everything from trading systems, technical and fundamental analysis, spreads, options, and practical trading principles. It contains fundamental terms to the futures market, key analysis, and techniques on forecasting.
This book discusses the topics in a direct and no-nonsense manner. It generally appears to be a textbook and does not follow a narrative of some sort. It only gives what the reader needs, which is a concise discussion about futures markets.
It does a good job of naming key concepts and terms, followed by a thorough discussion of each. The topics are divided into multiple parts and chapters to make it easier to navigate. Everything is listed on the table of contents, so readers can simply skim through the whole thing or find a particular topic they want to learn about. Overall, it does a good job of providing knowledge about futures markets, and it can be a reliable resource guide for many years.
About the Authors
JACK D. SCHWAGER co-founded FundSeeder, a web-based investment, and technology business that connects undiscovered trading talent with sources of investment capital. He has written numerous renowned financial books, one of which is the Market Wizards series.
MARK ETZKORN founded FinCom Media and served as Editor-in-Chief of Active Trader magazine and as an editor at Futures magazine. He wrote, contributed, and edited over ten books on finance and financial markets. He is a member of the Chicago Mercantile Exchange.
Table of Contents
About the Authors
PART I PRELIMINARIES
CHAPTER 1 For Beginners Only
CHAPTER 2 The Great Fundamental versus Technical Analysis Debate
PART II CHART ANALYSIS AND TECHNICAL INDICATORS
CHAPTER 3 Charts: Forecasting Tool or Folklore?
CHAPTER 4 Types of Charts
CHAPTER 5 Linking Contracts for Long-Term Chart Analysis: Nearest versus Continuous Futures
CHAPTER 6 Trends
CHAPTER 7 Trading Ranges
CHAPTER 8 Support and Resistance
CHAPTER 9 Chart Patterns
CHAPTER 10 Is Chart Analysis Still Valid?
CHAPTER 11 Technical Indicators
PART III APPLYING CHART ANALYSIS TO TRADING
CHAPTER 12 Mid Trend Entry and Pyramiding
CHAPTER 13 Choosing Stop-Loss Points
CHAPTER 14 Setting Objectives and Other Position Exit Criteria
CHAPTER 15 The Most Important Rule in Chart Analysis
PART IV TRADING SYSTEMS AND PERFORMANCE MEASUREMENT
CHAPTER 16 Technical Trading Systems: Structure and Design
CHAPTER 17 Examples of Original Trading Systems
CHAPTER 18 Selecting the Best Futures Price Series for System Testing
CHAPTER 19 Testing and Optimizing Trading Systems
CHAPTER 20 How to Evaluate Past Performance
PART V FUNDAMENTAL ANALYSIS
CHAPTER 21 Fourteen Popular Fallacies, or What Not to Do Wrong
CHAPTER 22 Supply-Demand Analysis: Basic Economic Theory
CHAPTER 23 Types of Fundamental Analysis
CHAPTER 24 The Role of Expectation
CHAPTER 25 Incorporating Inflation
CHAPTER 26 Seasonal Analysis
CHAPTER 27 Analyzing Market Response
CHAPTER 28 Building a Forecasting Model: A Step-by-Step Approach
CHAPTER 29 Fundamental Analysis and Trading
PART VI FUTURES SPREADS AND OPTIONS
CHAPTER 30 The Concepts and Mechanics of Spread Trading
CHAPTER 31 Intercommodity Spreads: Determining Contract Ratios
CHAPTER 32 Spread Trading in Stock Index Futures
CHAPTER 33 Spread trading in Currency Futures
CHAPTER 34 An Introduction to Options on Futures
CHAPTER 35 Option Trading Strategies
PART VII PRACTICAL TRADING GUIDELINES
CHAPTER 36 The Planned Trading Approach
CHAPTER 37 Seventy-Five Trading Rules and Market Observations
CHAPTER 38 50 Market Wizard Lessons
APPENDIX A Introduction to Regression Analysis
APPENDIX B A Review of Elementary Statistics
APPENDIX C Checking the Significance of the Regression Equation
APPENDIX D The Multiple Regression Model
APPENDIX E Analyzing the Regression Equation
APPENDIX F Practical Consideration in Applying Regression Analysis
References and Recommended Readings
