Spread Betting the Forex Markets


Book Description

If you were to make a list of financial topics that have grabbed the interest of the wider public over recent years then spread betting and foreign exchange trading would surely be near the top. These have both been around for decades, but developments in technology and financial markets in the past five to ten years have made them extremely hot topics right now. This book starts by covering the basics of spread betting and explains why it has become such a popular method for trading a whole host of markets. Next the forex markets are explained - cutting through the jargon to help you understand how they work, what makes currency prices move second by second, 24 hours a day, and how you can trade forex using spread betting. Finally, some trading strategies are examined - approaches that you can put into practise straightaway using spread betting, and at a level of risk that suits your own particular circumstances. If you are looking to trade forex then this book provides an expert introduction - helping you to succeed by avoiding the most common pitfalls of this highly volatile but fascinating market.




Pit Bull


Book Description

Welcome to the world of Martin "Buzzy" Schwartz, Champion Trader--the man whose nerves of steel and killer instinct in the canyons of Wall Street earned him the well-deserved name "Pit Bull." This is the true story of how Schwartz became the best of the best, of the people and places he discovered along the way and of the trader’s tricks and techniques he used to make his millions.







Leveraged Trading


Book Description

With the right broker, and just a few hundred dollars or pounds, anyone can become a leveraged trader. The products and tools needed are accessible to all: FX, a margin account, CFDs, spread-bets and futures. But this level playing field comes with great risks. Trading with leverage is inherently dangerous. With leverage, losses and costs – the two great killers for traders – are magnified. This does not mean leverage must be avoided altogether, but it does mean that it needs to be used safely. In Leveraged Trading, Robert Carver shows you how to do exactly that, by using a trading system. A trading system can be employed to tackle those twin dangers of serious losses and high costs. The trading systems introduced in this book are simple and carefully designed to use the correct amount of leverage and trade at a suitable frequency. Robert shows how to trade a simple Starter System on its own, on a single instrument and with a single rule for opening positions. He then moves on to show how the Starter System can be adapted, as you gain experience and confidence. The system can be diversified into multiple instruments and new trading rules can be added. For those who wish to go further still, advice on making more complex improvements is included: how to develop your own trading systems, and how to combine a system with your own human judgement, using an approach Robert calls Semi-Automatic Trading. For those trading with leverage, looking for a way to take a controlled approach and manage risk, a properly designed trading system is the answer. Pick up Leveraged Trading and learn how.




The FT Guide to Financial Spread Betting


Book Description

An introduction to the fast growing $1.5 billion foreign exchange trading marketplace, showing you how the markets work, how to trade them successfully and how to mitigate risk. The Financial Times Guide to Foreign Exchange Tradingis the authoritative primer, the first port of call for anyone interested in foreign exchange trading and wants to know what it is all about before taking the plunge.




Systems Trading for Spread Betting


Book Description

This is the first book on developing and back-testing systems trading strategies to be used whilst spread betting. The book details the cycle of choosing instruments, designing strategies, back-testing and the real-time trading of those systems and includes many real-life examples. This book details an end-to-end approach covering all of the aspects required to implement and maintain a trading system. The focus of the text is the independent trader, providing them with the information they need to use readily available tools to develop and trade a professional system. The book starts by arguing the case for the use of trading systems and spread betting and moves on to look at the details of selecting instruments, choosing the most appropriate spread betting firm and the right trading software and platform. Ford looks at money & account management and black box systems then describes in detail the processes involved in the development of a strategy, including back-testing and optimisation. This book is a must-read for anyone looking to develop a systematic approach to their trading and take their spread betting to another level.




Stock Market Trading Rules


Book Description

Back in 2001, The Harriman House Book of Investing Rules was compiled and published. The project was a huge success, the rules provided by the contributors were fascinating, insightful and entertaining, and for the first time the book pooled together collected wisdom of 150 of the world's greatest traders in one place. One of the many strengths of the rules that were written for and included in the original publication was their timeless quality - these gems of investing and trading wisdom apply to a range of markets across a spread of time periods and are not confined to one market or one set of circumstances. And so it is that the decision was made to republish the original rules in a more condensed form and in a new format. In this eBook you will find just that; 80 sets of trading rules from expert international traders. As with the original publication, these rules provide condensed knowledge from experts about what they consider to the key determinants of trading success. You will notice that the experts do not agree, this is intentional as trading is a diverse and conflicting pursuit, and you will notice that the rules are not comprehensive, this is also intentional, as this is a reference guide to be dipped into and to encourage you to take up further reading elsewhere on subjects that appeal to you. Traders of all experience levels will find these rules useful in clarifying aspects of their trading approach. The original publication of 150 rules is also available as an eBook, from all good online retailers. www.harriman-house.com/investingrules




Currency Trading For Dummies


Book Description

Your plain-English guide to currency trading Currency Trading For Dummies is a hands-on, user-friendly guide that explains how the foreign exchange (ForEx) market works and how you can become a part of it. Currency trading has many benefits, but it also has fast-changing financial-trading avenues. ForEx markets are always moving. So how do you keep up? With this new edition of Currency Trading For Dummies, you'll get the expert guidance you've come to know and expect from the trusted For Dummies brand—now updated with the latest information on the topic. Inside, you'll find an easy-to-follow introduction to the global/ForEx market that explains its size, scope, and players; a look at the major economic drivers that influence currency values; and the lowdown on how to interpret data and events like a pro. Plus, you'll discover different types of trading styles and make a concrete strategy and game plan before you act on anything. Covers currency trading conventions and tools Provides an insider's look at key characteristics of successful currency traders Explains why it's important to be organized and prepared Offers guidance on trading pitfalls to avoid and risk management rules to live by Whether you're just getting started out in the foreign exchange market or an experienced trader looking to diversify your portfolio, Currency Trading For Dummies sets you up for trading success.




Systematic Trading


Book Description

This is not just another book with yet another trading system. This is a complete guide to developing your own systems to help you make and execute trading and investing decisions. It is intended for everyone who wishes to systematise their financial decision making, either completely or to some degree. Author Robert Carver draws on financial theory, his experience managing systematic hedge fund strategies and his own in-depth research to explain why systematic trading makes sense and demonstrates how it can be done safely and profitably. Every aspect, from creating trading rules to position sizing, is thoroughly explained. The framework described here can be used with all assets, including equities, bonds, forex and commodities. There is no magic formula that will guarantee success, but cutting out simple mistakes will improve your performance. You'll learn how to avoid common pitfalls such as over-complicating your strategy, being too optimistic about likely returns, taking excessive risks and trading too frequently. Important features include: - The theory behind systematic trading: why and when it works, and when it doesn't. - Simple and effective ways to design effective strategies. - A complete position management framework which can be adapted for your needs. - How fully systematic traders can create or adapt trading rules to forecast prices. - Making discretionary trading decisions within a systematic framework for position management. - Why traditional long only investors should use systems to ensure proper diversification, and avoid costly and unnecessary portfolio churn. - Adapting strategies depending on the cost of trading and how much capital is being used. - Practical examples from UK, US and international markets showing how the framework can be used. Systematic Trading is detailed, comprehensive and full of practical advice. It provides a unique new approach to system development and a must for anyone considering using systems to make some, or all, of their investment decisions.




A Practical Introduction to Day Trading


Book Description

Many individuals enter financial markets with the objective of earning a profit from capitalizing on price fluctuations. However, many of these new traders lose their money in attempting to do so. The reason for this is often because these new traders lack any fundamental understanding of financial markets, they cannot interpret any data, and they have no strategy for trading. Trading in markets is really about deploying strategies and managing risks. Indeed, successful traders are those who have strategies which they have proved to be consistent in granting them more financial gains than financial losses. The purpose of this book is to help a potentially uninformed retail trader or inquisitive reader understand more about financial markets, and assist them in gaining the technical skills required to profit from trading. It represents a beginner’s guide to trading, with a core focus on stocks and currencies.