A Futures Market

A Complete Guide to the Futures Market

Books Reviews

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 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