Название: Advanced Futures Trading Strategies: 30 fully tested strategies for multiple trading styles and time frames
Автор: Robert Carver
Издательство: Harriman House
Год: 2023
Страниц: 638
Язык: английский
Формат: epub (true)
Размер: 24.5 MB

In Advanced Futures Trading Strategies, Robert Carver provides a complete practical guide to 30 trading strategies for the futures markets.

The strategies cover more than 100 tradable instruments and draw on over 50 years of historic data, and are suitable for both discretionary and systematic traders.

This book contains the details of 30 strategies, specifically designed for trading futures. I explain how and why each strategy works. The rules for each strategy are described in detail, and I analyse the performance of the strategy over historical data, so that you can better understand its strengths and weaknesses, and likely behaviour in the future.

Diversification is the most powerful weapon in the armoury of the financial trader. After reading this book you will have access to a large and diversified set of trading strategies. But, as I will explain in some detail, diversifying across different futures markets is an even more potent route to extra profits. Fortunately, there are hundreds of futures traded all around the world, covering every possible kind of tradeable instrument: US interest rate futures, the cryptocurrency Bitcoin, Japanese iron ore, Russian stocks, and milk – to name just a few.

Each market is different. Equities are driven by emotion: greed, fear and the current mood of a million meme stock buyers. Bonds march to a mathematical drum; although rates and credit spreads are driven by market forces, their relationship to bond prices can be calculated using precise formulae. Currency markets move wildly with every interest rate change and macroeconomic announcement. The commodities space is packed with hedge funds and giant multinational commodity traders. But there are also farmers, hedging their Wheat exposure on their laptops whilst their boots are still covered with the dust of the fields.

As a result, opinion amongst traders is divided: should each market be traded differently, or should we use common strategies that work equally well irrespective of the underlying asset? There are certainly benefits to using common strategies. If we can test strategies across a range of markets then that gives us more confidence that they will work in the future.

The strategies begin with the most basic, and progress to more advanced strategies, including trading calendar spreads, breakouts, trend following, fast mean reversion, and many more.

For each strategy, Robert describes:
• How and why it works.
• Detailed rules for putting the strategy into practice.
• Past performance from historical data.
• Historic strategy behaviour and risk.

And throughout the book, building up step by step, Robert explains other essential aspects of effective futures trading, including:
• How to properly calculate profits and assess performance.
• How to measure and forecast risk.
• How to calculate trading costs.
• The trading capital you need for specific futures instruments.
• How to decide which instrument to trade.
• Diversifying by using multiple strategies together.
• And much, much more.

Advanced Futures Trading Strategies is the definitive practical guide to futures trading strategies. No one who intends to seriously trade futures can afford to be without it.