by David Vomund, Linda Bradford Raschke
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Product Description
Want to know how to trade the hottest new investment vehicle? This book reveals the secrets of profiting from a new and growing investment vehicle the Exchange-Traded Fund. Pulling from experts in the field like Linda Bradford Raschke and Steve Palmquist, this book has all the information you need to begin trading ETFs for profit: Learn the basics of ETFs; how they work, why they re growing in popularity, and how you can get your share of the profits. Discover the way to apply classic techniques to leverage your ETF investments for both the short-term and long-term. Study simple but highly effective mechanical ETF rotation techniques (style, sector, and international) that are now available to the individual investor. ETF Trading Strategies Revealed doesn t end there. Learn from long-time trader and founder of AIQ Systems, Dr. J.D. Smith, what it takes to mentally be the best. When you have the emotional discipline to follow his techniques, you ll find increased profits aren t far behind.
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Average Customer Review:
1 of 1 people found the following review helpful:
 Not much substance, 2008-05-18
On the background of some simple strategies, the book appears to concentrate on promoting its website resources. There is no "Aha" strategy here.
4 of 4 people found the following review helpful:
 Rotation strategies, 2008-03-26
The book's title is a little misleading. There's only one strategy that's "revealed" here, that of style rotation -- here style can mean "market cap groups" or "sectors," etc. The book is really slim, totaling about 90 pages, of which only 30 are truly useful. The other 60 pages are just fluff. The ETF introduction chapter is ridiculously light on details; it contains gems such as "you can't tell liquidity from trading volumes" -- okay, what should we be looking for, then? There's a chapter with an interivew with Linda Raschke and another on charting written by Steve Palmquist; neither chapter contributes anything at all to the rotation strategies discussed in part 3 of the book. The book concludes with a brief discussion of trading plan by some "doctor."
So, you'll buy the book only for the 30 or so pages on rotation strategies. Actually, it's one strategy with a few variations. The author shows you backtesting results using index data and then ETF data (the latter covers a much shorter period, usually only from 2002 on). I do like the fact that in at least one of the tests he didn't forget to include transaction cost. The strategies are simple and may work if followed religiously. The author discusses a few ways of building on top of the basic principles. For me, these 30 pages are worth the (Amazon) price of the book, although similar information can be found, for free, on the web.
1 of 1 people found the following review helpful:
 solid, 2008-01-28
As previous reviews have stated, this book is very simply written and brief, which is great. Mr. Vomund knows how to communicate to the reader without being ambiguous and makes sure that everything is stated such that no pertinant detail is missed (as with the case with most books discussing strategies). I have corresponded frequently with the author via email and have found him to be both personable and intelligent. I recommend this book to anyone desirous of educating themselves on the subject of the growing phenomenon, ETF's.
2 of 2 people found the following review helpful:
Short and Sweet, 2007-11-28
I am a market participant that has been successful using various "Active" strategies.
What I really like about ETF Trading Strategies Revealed is that it is not filled with "extras" to make it larger and harder to get to the meat of the issue. There is a sharing of a good workable active strategies that warrant consideration for at least a portion of your portfolio.
There is a background presented briefly and some strategies that are tradable just as they are written. If you are new to any kind of active portfolio management, you can trade this system and most likely improve your returns at less risk or drawdown.
If you have experience in this arena, it is a good basis to test and refine for even better risk adjusted returns.
All of this without having to wade through hundreds of pages of filler.
Highly recommended
4 of 4 people found the following review helpful:
Simple strategies for 25-30% annual returns using ETF, 2007-10-25
This book is not for professional traders. This book is for two types of people:
1. Someone that currently invests in mutual, exchange traded or mutual funds; only wants to look at their portfolio a couple of times a month; and thinks that getting 25-30% annual returns is an improvement over their current strategy.
2. Someone that is just starting out doing stock trading and plans on developing programmable strategies that can be backtested.
There are 6 variations of his strategy presented in 30 pages or less. With data available on Yahoo.com, it is very easy to implement this strategy. I went a step further and implemented them in a backtesting-enabled trading tool to verify the strategies. I was able to verify the performance but felt belittled because if I followed this technique since 1998 in Fidelity Select Funds starting with $100k, I would have had $1.2M in my account (mine is quite a bit below that).
Getting 25-30% APR returns on a technique is significant, especially considering the little work involved. If you are just learning to do stock trading and plan on doing backtesting, then implementing these strategies will give you good experience of what is involved with developing a strategy and when you are finished you can invest a lot of your money with confidence. Once you have developed a better strategy with stock trading then you can move your money over to that strategy.
If you are thinking about doing more advanced trading of stocks but are just starting out, I would start with this technique which presents a baseline for the minimum you need to achieve in your strategy before you invest serious dollars in your technique. Also, you can use this technique with your 401k funds, though the performance will probably be a bit less than what is quoted.
Lastly, the returns quoted in this article are based on past returns and future returns will vary.
Price is accurate as of the date/time indicated. Prices and product availability are subject to change. Any price displayed on the Amazon website at the time of purchase will govern the sale of this product.
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