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
This book is the ultimate resource for information about trading systems, technical and fundamental analysis, and even spreads and options. This is a comprehensive guide for any trader, beginner or professional, in navigating the market.
It includes the fundamentals of futures, analysis, and even techniques. It describes the processes in a concise and easy-to-understand manner for easier comprehension.
This guide is written in the traditional textbook form and simply discusses the concepts without following a narrative of sorts. Unlike other financial books that are published, which discusses many aspects of a topic and summarizes everything by the end, this book is simply a resource and nothing more.
This is highly recommended for beginners as they study technical terms and other fundamental aspects of futures markets. The book is easy to navigate as it is composed of over thirty chapters that carefully and concisely discussed each topic. It’s a direct-to-the-point approach also helps as it tells the reader only what they have to know about the topic.
About the Author
JACK D. SCHWAGER is one of the founders of FundSeeder, which is a web-based technology and investment business that connects undiscovered trading talent with sources of investment capital. He has also authored many popular financial books, such as the Market Wizards series.
MARK ETZKORN founded FinCom Media. He used to be the Editor-in-Chief of Active Trader magazine and an editor at Futures magazine. He is the author and a contributor to over ten finance books and 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 Midtrend 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 System
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 Expectations
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