PublishedWiley & Sons, January 2010 |
ISBN9780731402168 |
FormatSoftcover, 368 pages |
Dimensions20.8cm × 14cm × 2.4cm |
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.