Relatively simple yet highly disciplined, scale trading has become one of today's most popular and rewarding--et risky--futures trading methods. Understanding Hedged Scale Trading explains this high level trading method from the ground up, outline techniques for trader to hedge scaled positions through the judicious use of options. By explaining how to profit from hedged scale trading while controlling its many risks, it should prove to be among the most practical, hands-on advanced trading books on the market today.
Author(s): Thomas A. McCafferty
Series: The Irwin trader's edge series
Edition: 1
Publisher: McGraw-Hill
Year: 2001
Language: English
Commentary: 86044
Pages: 268
City: New York
Copyright......Page 5
CONTENTS......Page 8
ACKNOWLEDGMENTS......Page 10
INTRODUCTION......Page 12
CHAPTER 1 The Derivative Markets—Futures......Page 18
CHAPTER 2 The Derivative Markets— Options-on-Futures......Page 38
CHAPTER 3 Traditional Scale Trading......Page 64
CHAPTER 4 Understanding Hedged Scale Trading......Page 78
CHAPTER 5 The Criterion for the Selection of Scalable Commodities......Page 90
CHAPTER 6 Selecting the Perfect Commodities to Scale Trade......Page 106
CHAPTER 7 Mechanics of Scale Trading......Page 136
CHAPTER 8 Roll Me Over......Page 146
CHAPTER 9 Starting a Scale Trading Business......Page 158
CHAPTER 10 A Little Technical Analysis Can Go a Long Way When Scale Trading......Page 182
CHAPTER 11 Getting Ready to Scale Trade......Page 196
CHAPTER 12 Summing Up the Rules for Successful Scale Trading......Page 208
APPENDIX 1 Commodity Futures Contract Specifications 1......Page 220
APPENDIX 2 Sources for More Information......Page 226
G LOSSARY......Page 234
INDEX......Page 252
ABOUT THE AUTHOR......Page 268
