Summary of Jack D. Schwager's Stock Market Wizards
Everest Media
Disponibilité:
Ebook en format . Disponible pour téléchargement immédiat après la commande.
Ebook en format . Disponible pour téléchargement immédiat après la commande.
Éditeur:
Everest Media LLC
Everest Media LLC
Protection:
Format ouvert - aucune protection
Format ouvert - aucune protection
Année de parution:
2022
2022
ISBN-13:
9781669362173
Description:
Please note:This audiobook has been generated using AI Voice. This is a companion version & not the original book.
Sample Book Insights:
#1 The futures market is a place where traders buy and sell standardized contracts for a commodity or a financial instrument. The essence of a futures market is in its name: trading involves a standardized contract for a commodity or a financial instrument for a future delivery date, as opposed to the present time.
#2 The futures markets offer tremendous leverage. Price movements in futures will closely parallel those in the corresponding cash markets. Because the majority of futures trading activity is concentrated in financial instruments, many futures traders are, in reality, traders in stocks, bonds, and currencies.
#3 The interbank currency market is a 24-hour market that follows the sun around the world. It is used by companies to hedge exchange risk, as it allows them to lock in a price in a foreign currency in order to assure a profit.
#4 I first met Marcus the day I joined Reynolds Securities as a futures research analyst. He had accepted a similar position at a competing firm, and I was assuming the position he had just vacated. Although I usually found my own analysis more persuasive when we disagreed, Marcus ultimately proved right about the direction of the market.
Sample Book Insights:
#1 The futures market is a place where traders buy and sell standardized contracts for a commodity or a financial instrument. The essence of a futures market is in its name: trading involves a standardized contract for a commodity or a financial instrument for a future delivery date, as opposed to the present time.
#2 The futures markets offer tremendous leverage. Price movements in futures will closely parallel those in the corresponding cash markets. Because the majority of futures trading activity is concentrated in financial instruments, many futures traders are, in reality, traders in stocks, bonds, and currencies.
#3 The interbank currency market is a 24-hour market that follows the sun around the world. It is used by companies to hedge exchange risk, as it allows them to lock in a price in a foreign currency in order to assure a profit.
#4 I first met Marcus the day I joined Reynolds Securities as a futures research analyst. He had accepted a similar position at a competing firm, and I was assuming the position he had just vacated. Although I usually found my own analysis more persuasive when we disagreed, Marcus ultimately proved right about the direction of the market.