Trading ETFs: Gaining an Edge with Technical Analysis [NOOK Book]

Overview

Whether you're interested in dealing exclusively with ETFs or would like to use them to supplement your portfolio, the Second Edition of Trading ETFs contains the in-depth insights and practical advice you need to achieve these goals.

Written by experienced ETF trader Deron Wagner, this reliable resource outlines the author's proven approach to successfully trading ETFs by using technical analysis and "trading what you see, not what you think."...

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Trading ETFs: Gaining an Edge with Technical Analysis

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Overview

Whether you're interested in dealing exclusively with ETFs or would like to use them to supplement your portfolio, the Second Edition of Trading ETFs contains the in-depth insights and practical advice you need to achieve these goals.

Written by experienced ETF trader Deron Wagner, this reliable resource outlines the author's proven approach to successfully trading ETFs by using technical analysis and "trading what you see, not what you think."

Engaging and informative, the Second Edition of Trading ETFs opens with a brief history of ETFs and introduces you to the numerous fund families from which you can choose ETF products. From here, Wagner walks you through the essential aspects of his "top-down" trading strategy by showing you specifically how technical analysis is used to trade ETFs. After learning how to select the best ETFs for trading and investing, you'll discover—through actual trades Wagner has executed—how to determine the proper timing for entering and exiting your positions.

Chances are you're already familiar with ETFs and perhaps already invest in them. Whatever your case may be, Trading ETFs , Second Edition can help improve your understanding of this popular financial product and put you in a better position to profit from it.

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What People Are Saying

From the Publisher
"Valuable not only for a comprehensive cataloguing of the vast array of exchange-traded funds that are now available but also for the insights into successful trading techniques, Deron Wagner's Trading ETFs should become the definitive guide to this increasingly vital part of the capital markets. The book includes numerous examples of the kinds of techniques that Wagner uses in his selection of the most timely ETFs to trade and underscores one of the core insights of his trading discipline, which is to ‘trade what you see, not what you think.’ This book is recommended both to professionals who are using—or should be using—ETFs as an asset class within their portfolios, as well as for the individual investor who wants exposure to wider sectors and geographical regions than those available, with comparable cost-effectiveness,elsewhere."
Clive Corcoran, Publisher and editor, TradeWithForm.com Author, Long/Short Market Dynamics
Pension fund manager and commentator on CNBC's European Closing Bell

"Deron Wagner has written an excellent book, backed up by solid research and informative examples. This is one of the most illuminating works on exchange-traded funds written in recent years. His incisive commentary on position sizing alone is worth the cost of the book."
Alan Farley, Publisher and editor, HardRightEdge.com Author, The Master Swing Trader

"Deron Wagner has written a terrific book on ETFs based on his extensive experience as a trader. He provides numerous insights and examples of his successful trading style. This is truly a must-read book for anyone who trades or is thinking of trading this fascinating investment product."
Michael Sincere, Author, Understanding Options and Understanding Stocks

"Having traded the ETF markets since their infancy, Deron Wagner offers the reader a voice of true experience. In this book, he describes an analysis structure that has withstood the test of time. Investors looking for an edge in the ETF marketplace need look no further!"
Bo Yoder, Trader and risk management consultant Founder, BoYoder.com

"With ETFs now available for the broadest market indexes to the most focused of sectors, Deron’s new book on ETFs is a must-read for investors and traders wanting to simplify the choice of which ETFs to trade and how to trade them."
Greg Capra, President and CEO, Pristine.com

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Product Details

  • ISBN-13: 9781118217771
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 12/5/2011
  • Series: Bloomberg Financial , #154
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 2
  • Pages: 288
  • Sales rank: 1,068,019
  • File size: 5 MB

Meet the Author

DERON WAGNER is the founder and head portfolio manager of Morpheus Capital LP, a long/short equity hedge fund, as well as Morpheus Trading Group, a trader education firm specializing in exchange-traded funds and stocks. Recently, Wagner launched his Hong Kong–based company, DragonCharts, which helps foster the development of traders through education with live online stock analysis webinars, and includes a proprietary stock scanning platform. Wagner is the author of the first edition of this book and coauthor of The Long-Term Day Trader and The After-Hours Trader. He also appears in the popular DVD Sector Trading Strategies and is a frequent guest speaker at various financial seminars around the world. He has appeared on CNBC and ABC. Wagner teaches his ETF investment and trading methodology through his Wagner Daily and Wagner Weekly newsletters.
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Table of Contents

Foreword ix

Acknowledgments xi

PART I: ETF OVERVIEW AND SELECTION

CHAPTER 1 Why Use Technical Analysis with ETFs? 3

CHAPTER 2 Major Types and Families of ETFs 11

PART II: ETF SELECTION THROUGH TECHNICAL ANALYSIS

CHAPTER 3 The Top-Down Strategy 31

CHAPTER 4 Finding Indexes with the Most Relative Strength 39

CHAPTER 5 Selecting the Best ETFs 55

CHAPTER 6 Supplementing the Basics 69

PART III: TIMING YOUR ENTRIES AND EXITS

CHAPTER 7 Strategies for Entry 87

CHAPTER 8 Strategies for Exit 99

CHAPTER 9 Ten ETFs Bought Long 113

CHAPTER 10 Ten ETFs Sold Short 139

PART IV: FINE-TUNING YOUR STRATEGY

CHAPTER 11 Tailoring Your Approach 165

CHAPTER 12 Additional Pointers 177

Afterword 191

Suggested Reading 193

About the Author 195

Index 197

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