Trading ETFs: Gaining an Edge with Technical Analysis
Exchange-traded funds (ETFs) are a large and growing part of the investment community. They are also one of the best ways to participate and profit from a wide range of sectors, industries, and geographical regions.Nobody knows this better than author Deron Wagner, an experienced ETF trader and founderof Morpheus Capital LP. And now, in theSecond Edition of Trading ETFs, he outlines a logical, step-by-step approach that will enable you to easily master ETF trading by using technical analysis and "trading what you see, not what you think."Divided into four comprehensive parts, this reliable resource puts Wagner's successful trading style in perspective and reveals how you can effectively use it in your short-, intermediate-, or long-term trading endeavors. Chapter by chapter, it skillfully:Provides you with a brief history of the growth of ETFs and describes the major families and types of ETFs—from PowerShares and iShares to inversely correlated and leveraged ETFsDiscusses how Wagner's "top-down" strategy of ETF trading always favors your odds ofsuccess in both up and down marketsExamines strategies for determining ideal entry and exit points and walks you through real trades Wagner has made—with the actual outcome of the trades, using real capital, also presentedOffers a host of pointers to help fine-tuneyour strategy after putting it into action—touching upon such topics as position sizing, getting efficient ETF executions, and identifying relative strength during intraday tradingWhether you're a full-time professional investor or someone who wishes to learn new techniques for actively managing your personal portfolio, you will benefit from this book. Thoroughly revised and updated to reflect today's dynamic market,Trading ETFs, Second Editionhas what you need to succeed in this field.