Trading Realities: The Truth, the Lies, and the Hype In-Between

For the first time, a look at the universal market dynamics critical to any profitable investment strategy and relevant to all asset classes Includes discussions of critical global economic forces and the interrelationships among different financial markets - fixed income, stocks, commodities, foreign exchange, etc. How to collect the information that really matters, and then use it to make better investment decisions. Addresses specific mistakes made by virtually all investors regardless of their level of expertise. Most books on investing focus on one particular strategy or market segment. Now, theres a book that teaches investors and traders the universal, basic principles that apply to every financial market: stocks, bonds, commodities, foreign exchange, futures, options, and beyond. Writing for beginners and experienced investors alike, successful trader and author Jeff Augen illuminates key issues that are often mentioned but rarely fully understood: issues such as leverage, liquidity, market trends, risk, valuation, interest rates, and the impact of news and events. Most important, he shows how to apply this knowledge to trade and invest far more profitably. Augen focuses on the massive forces that really move financial markets: the market dynamics that are fundamental to your success, regardless of your investment strategies or the asset classes you choose. Youll learn how to value markets in absolute terms (e.g. constant currency), rank investment vehicles according to risk; assess the real impact of leverage and the true meaning of trends; interpret the flow of money between markets; and much more. Augen shows how to identify and collect the information that matters most (and ignore the information that doesnt matter). Once you have the facts you need, youll learn how to use those facts to gain a clear advantage: one that you can sustain through any market environment. -