Provides an introduction for would-be futures traders looking to expand their trading horizon and explore the opportunities for leverage on the Sydney Futures Exchange (SFE). Not just for beginners, the book offers many valuable hints, tips and words of wisdom for all levels of trader.
Paperback
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Summary
Provides an introduction for would-be futures traders looking to expand their trading horizon and explore the opportunities for leverage on the Sydney Futures Exchange (SFE). Not just for beginners, the book offers many valuable hints, tips and words of wisdom for all levels of trader.
Description
With more than 10,000 contracts - equating to around AUS $1 billion - being traded every day in Australia, trading futures contracts on the ?PI?(Share Price Index) is big business. In Trading the SPI: A Guide to Trading Index Futures in Australia, Brent Penfold begins by providing the perfect introduction for would-be futures traders looking to explore new opportunities for leverage. This book is not just for beginners, however - it goes on to explore how to develop a comprehensive trading plan, offering many valuable hints and words of wisdom. Brent shares the knowledge gained from more than 20 years?experience in trading, as he discusses: preparation and trading styles money management, methodology and psychology risk, reward, support, resistance and the triple reversal point discretionary and mechanical trading techniques.
About the Author
Brent Penfold is a full time trader, author, educator and licensed advisor. He began his career in 1983 as an institutional dealer with Bank America and today specializes in trading forex and global indices.
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