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29 November, 2020 at 8:30 pm #8355
Brenda Sinny
GuestSpread Trading
Low Risk Strategies for Profiting with Market Relationships
by Howard Abell- Format: paperback, 212 pages
- Release date: January 15, 2003
- Language: english
- ISBN: 9781592800247 (1592800246)
- Author: Howard Abell
- Publisher: Marketplace Books, Inc.
About The Book
Spread Trading reveals what it takes to trade based on the concept of the differential, or the relationship between commodities or similar products. Abell challenges you to make spreading your full-time game, pointing out advantages such as earning greater profits over the long run, with highly calculated risk; discovering opportunities in seemingly dull markets; defining risk and trading objectives in very specific terms; and following seasonal and cyclical patterns based on historical spread relationships. First and foremost, says Abell, you must be in it for the long term, as well as for the sheer intellectual joy of watching the differential. He encourages you to spread with an eye to profit, instead of spreading merely to reduce short-term loss. Good spread traders are daring yet disciplined, focused yet flexible, well-prepared yet able to think on their feet. Abell fully explores the psychological and analytical skills required for spread trading, and explains how to trade to win, instead of trading in order not to lose; build the inevitability of drawdowns into your strategy; and identify the market signal, or the “spread entry point.” One-on-one interviews with top traders and market experts reveal specific strategies that have proved successful in various asset classes.
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