Product Description

Want to know how to trade the hottest new investment vehicle? This book reveals the secrets of profiting from a new and growing investment vehicle the Exchange-Traded Fund. Pulling from experts in the field like Linda Bradford Raschke and Steve Palmquist, this book has all the information you need to begin trading ETFs for profit: Learn the basics of ETFs; how they work, why they re growing in popularity, and how you can get your share of the profits. Discover the way to apply classic techniques to leverage your ETF investments for both the short-term and long-term. Study simple but highly effective mechanical ETF rotation techniques (style, sector, and international) that are now available to the individual investor. ETF Trading Strategies Revealed doesn t end there. Learn from long-time trader and founder of AIQ Systems, Dr. J.D. Smith, what it takes to mentally be the best. When you have the emotional discipline to follow his techniques, you ll find increased profits aren t far behind.

Product Details

• Amazon Sales Rank: #59631 in Books
• Published on: 2006-10-18
• Released on: 2006-10-18
• Number of items: 1
• Binding: Paperback
• 104 pages

Customer Reviews

Not much substance
On the background of some simple strategies, the book appears to concentrate on promoting its website resources. There is no "Aha" strategy here.

Rotation strategies
The book's title is a little misleading. There's only one strategy that's "revealed" here, that of style rotation -- here style can mean "market cap groups" or "sectors," etc. The book is really slim, totaling about 90 pages, of which only 30 are truly useful. The other 60 pages are just fluff. The ETF introduction chapter is ridiculously light on details; it contains gems such as "you can't tell liquidity from trading volumes" -- okay, what should we be looking for, then? There's a chapter with an interivew with Linda Raschke and another on charting written by Steve Palmquist; neither chapter contributes anything at all to the rotation strategies discussed in part 3 of the book. The book concludes with a brief discussion of trading plan by some "doctor."

So, you'll buy the book only for the 30 or so pages on rotation strategies. Actually, it's one strategy with a few variations. The author shows you backtesting results using index data and then ETF data (the latter covers a much shorter period, usually only from 2002 on). I do like the fact that in at least one of the tests he didn't forget to include transaction cost. The strategies are simple and may work if followed religiously. The author discusses a few ways of building on top of the basic principles. For me, these 30 pages are worth the (Amazon) price of the book, although similar information can be found, for free, on the web.

solid
As previous reviews have stated, this book is very simply written and brief, which is great. Mr. Vomund knows how to communicate to the reader without being ambiguous and makes sure that everything is stated such that no pertinant detail is missed (as with the case with most books discussing strategies). I have corresponded frequently with the author via email and have found him to be both personable and intelligent. I recommend this book to anyone desirous of educating themselves on the subject of the growing phenomenon, ETF's.