THE FINANCIALIZATION OF COMMODITY FUTURES TRADING

interest and future for significant investment decisions);• be able to benefit from very subtle patterns with a short life time; and• incorporate the impact of market players on market regularities.The current efficient market theory/hypothesis discourages attempt to discover long-[r]

2Option BasicsIt is unlikely that a reader will pick up a book at this level without already having some idea ofwhat options are about. However it is worth establishing a minimum base of knowledge andjargon, without which it is not worth proceeding further. All the material in this cha[r]

activities.© 2002 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw Hill / Irwin16 - 12Speculating with Futures Buying futures is often referred to as “going long,” or establishing a long position. A long position profits from a futures price increase. Selli[r]

strong U.S. economy cannot truly avoid in its truly global financial sys-tem. This ripple effect has appeared in recent U.S. corporate earningsreports, as foreign demand drops and the ability to raise prices dimin-ishes, putting a squeeze on profits and pressure on the equity markets.S[r]

$5.00Copyright 2013 CME Group All Rights Reserved. Futures trading is not suitable for all investors, and involves the risk of loss. Futures are a leveraged investment, and because only apercentage of a contract’s value is required to trade, it is possible t[r]

Within the energy complex, crude oil, European power, NorthAmerican power, natural gas, liquefied natural gas (LNG), and coalare covered in separate chapters. Chapter 2 by Stinson Gibnerprovides an introduction to the fundamentals of the North Americanmarket for natural g[r]

The first book translated into English about Japanese candlesticks wasThe Japanese Chart of Charts, by Seiki Shimizu. This book provided animmense wealth of information about all of the popular candle patternsalong with their many interpretations. It was translated[r]

How To Use S&P 500 Futures To Get A Heads Up On StockPrice ActionBy Tsutae KamadaAs we know, to be successful traders, we should not fight the overall trend ofthe stock market. If we are experiencing a weak market, we should sell ourstocks or look for short selling-opportunitie[r]

The appendices contain tables highlighting the tradingoperations of the period covered by this book. Appendix Acontains the trading record covered by the journal. Thistable details the markets traded, the dates of entry and exit,l[r]

CHAPTER10CHAPTER 10The Interdependence of ManagedFutures Risk MeasuresBhaswar Gupta and Manolis Chatiras Practitioners today are faced with a wide choice of methods to measurereturn and risk in portfolios, either in absolute or relative terms. TheSharpe ratio, maximum drawdown,[r]

FIGURE 14.18 Symmetrical Triangle Breakout on the DailyGold Chart. The markets have a way of breaking down a trader’spatience during the course of a prolonged congestion tothe point that it is easy to doubt the real move when itcomes. There are numerous exa[r]

completed a small H&S top on the daily chart. I have statedthat I should not take small patterns. This is true for stand-alone minor signals, but not for opportunities late in thedevelopment of weekly patterns. The Factor Trading Planallows for the use o[r]

return of 10 to 15 percent during the next five months.”Entering April, my performance since December 7, 2009(the start of the diary) was a gain of 5 percent-plus (closedtrades only). This equated to 12 percent-plus annualized.With one month to go, my origin[r]

From time to time throughout this period, the accountswere capitalized in part by notional funds. The notionalfunds were included in the calculation of performance.Performance data is reported in accordance to format andValue Added Monthly Index (VAMI) specified by theCom[r]

interplay between expected (hoped for!) profits and likelyperiods of capital drawdown. Historically, my average annual rate of return has been amultiple of two to three times my worst annual drawdown.There are several acceptable methods to express therelationship between return[r]

Chapter 5 will discuss in more detail the importance ofunderstanding the whole idea of how many weeks it takesfor a pattern to develop and why it is important to the FactorTrading Plan. Just as bank tellers are trained to detect counterfeitcurrency by studying real money,[r]

interplay between expected (hoped for!) profits and likelyperiods of capital drawdown. Historically, my average annual rate of return has been amultiple of two to three times my worst annual drawdown.There are several acceptable methods to express therelationship between return[r]

notorious for running stop orders during the nighttime hours.I carefully avoid entering GTC stops in the night sessions insuch markets as the mini metal contracts, grains, softs,fiber, and livestock (which I seldom trade anyway). I use dayorders in these markets, each day enteri[r]