Spread Trading reveals what it takes to trade based on the concept of the differential, or 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 risks
- discovering opportunities in seemingly dull markets
- defining risk and trading objectives in very specific terms
- following seasonal and cyclical patterns based on historical spread relationships
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
- identify the market signal, or the 'spread entry point'.
Part One
Psychological and Strategic Considerations of Spread Trading
1. The Psychology of Successful Spread Trading
2. Overcoming the Psychological Barriers That Hold Most Spread Traders Back
3. Strategy and the Overall Game Plan
Part Two
Technical Analysis and Spread Trading
4. Market Analysis and Spread Trading
5. Seasonal, Cyclical, and Historical Spread Relationships
Part Three
The Top Traders and Market Experts
6. F. McCoy Coan
7. John Newhouse
8. Girard Miller
9. Steve Moore
10. Margery Teller
11. Jeffrey L. Silverman
Part Four
Winning Versus Losing
12. How Winning Spread Traders Think
13. Principles of Successful Spread Trading