Finally, a book written by an Exchange instructor and not a talking head!
You rarely hear it mentioned, but Risk and Volatility will play havoc with your portfolio. Be it Futures, Options or Stocks, the Market deploys obstacles that can destroy your financial plans. Much like running an obstacle course, you never know if a Trap will fake or take you out of the financial game…
How often have you been right long term, but get “knocked out†short-term? Be it News, Bank policy, or fees and commissions. The Market always has a surprise for you. Who would have thought interest rates would be less than 2% and Oil would be at multi-year lows? Did you?
What are you going to do if the market goes below the February low of 2016?
They mitigate risk and they trend easier than outright trades. If you can do simple subtraction, you will understand Spread Trading.
In his first e-book, Neal Weintraub, author, trader and educator presents a course based on his Spread Trading class taught at the Chicago Mercantile Exchange. Learn spread trading and get over a dozen trade ideas you can activate in this year and next.
As a bonus with the purchase of this e-book, you will have the opportunity to contact Neal at no charge for up to four months, starting in 2016.
*The academic explanation of Spreads is the simultaneous buying and of two related markets in the expectations that profit will be related when the position is liquidated. In short, it is like hedging your portfolio. Is it a certainty you will make money? No. But it will seriously improve your odds. And slow down the evil twins of volatility and risk.