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Informationen zum Autor Noble DraKoln (Long Beach, CA, USA) ist Präsident der Liverpool Derivatives Group Inc. Klappentext Praise for: Winning the Trading Game"A wealth of trading industry experience emerges in this work. Noble DraKoln covers the essential areas of fundamental analysis, technical analysis, and trading psychology with insight, originality, and refreshing candor. Furthermore, the material is skillfully presented with a view to practical application in the markets. This book will complement every trader's library from beginner to advanced."-Dan Blystone, Senior Analyst, TradersLog.com"Winning the Trading Game by Noble DraKoln encapsulates years of successful trading experience by mixing heartfelt anecdotes with real-world strategies in a literary work guaranteed to provide a deeper understanding for those looking to raise their trading acumen. DraKoln's book gives traders perspective on everything from what key technical indicators to use to more qualitative aspects, including how to develop a winning mindset. This duality of instruction brings value to readers of every trading pedigree."-John Netto, President, One Shot-One Kill Trading, LLC"Reading Winning the Trading Game is as exciting as attending the lectures given by the author. The name Noble DraKoln is synonymous with that of a remarkable teacher who gives step-by-step direction for both beginner and professional traders. In Winning the Trading Game, Noble DraKoln shares his impressive views on futures and Forex trading with the same wit and style he uses to dazzle the audience during his speeches."-André Malpel, trader on futures and technical analysis expert, LIST, Inc., Managing Director and founder, IAT, Inc., Technical Analysis Expo & Paris Trading Show"Wow! Noble DraKoln has done it again. I would encourage all traders to invest in this book. Noble's wealth of knowledge and years of trading will benefit traders of any experience."-Harry J. Martinez, Director of Product Sales, GenesisFT.com Zusammenfassung With Winning the Trading Game, investment expert Noble DraKoln helps you develop and refine the mental discipline and practical skills needed to ensure trading success. Inhaltsverzeichnis Preface xv Acknowledgments xix Part I More Life at the End of Your Money 1 Chapter 1 The Need to Build Wealth 3 Retiring Early 4 Negative Savings Rate 5 Social Security 6 Conclusion 8 Chapter 2 Money-Making Megatrends 11 Industrialization 12 Emerging Markets 13 China 13 India 14 Brazil 14 Russia 15 Mexico 15 Other Emerging-Market Countries 16 Resources under Fire 16 Food 17 Water 17 Energy 18 Ethanol-The Gasoline Alternative 19 Futures, Forex, or Stocks? 20 Chapter 3 What Type of Investor Are You? 23 Yale Study 24 What Are the Returns to Investing in Commodity Futures, and How Do These Returns Compare to Investing in Stocks and Bonds? 24 Are Commodity Futures Riskier Than Stocks? 25 Can Commodity Futures Provide Diversification to Other Asset Classes? 25 Pros and Cons 25 Types of Investors 26 Type A Investor 26 Type B Investor 30 Fatal Market Conditions 32 Gold and Silver Cornering 32 Interest Rate Backfire 33 Asian Flu 34 Where You Fit in 35 Part II Why 95% of Investors Fail at Futures and Forex 37 Chapter 4 The World of Futures and Forex 39 Futures and Options 40 Hedgers and Speculators 41 Futures Exchanges 42 What Markets Are Traded? 44 Foreign Exchange (Forex) 44 What Is the Spot Market? 45 Importers and Exporters 45 OTC Forex Contracts 47 How Is the Spot Price Calculated? 47 OTC Participants 48 Components of OTC Contracts 49<...
