Gold Trading Boot Camp: How to Master the Basics and Become a Successful Commodities Investor

Book description

Praise for Gold Trading Boot Camp

"If speculate you must, read Weldon first."

—James Grant, Editor, Grant's Interest Rate Observer

"This book delivers on all of the essential elements of successful financial literature. Weldon provides a compelling context, walks through the metrics that affect the price action, and assimilates the decision-making process in kind. From soup to nuts, this is one of the most comprehensive tutorials I've read on the subject of commodities."

—Todd Harrison, founder and CEO, Minyanville Publishing and Multimedia, LLC

"The gold price is rising in today's turbulent financial times. Preparation and knowledge are essential to profit from higher prices, and this book provides everything you need to take advantage of the trading opportunities thatlie ahead."

—James Turk, founder, GoldMoney.com

"This book, with its insights into the current investment climate coincides with what many feel is a new bull market in gold. There is no 'one-size-fits-all' investment approach, but every investor who applies such preparation and rigor as Greg outlines will certainly have increased returns with fewer losses. It should be on every investor's bookshelf, handy for reference, and re-read every year. Greg puts paid to the notion of random walk!"

—Kim Evans, CEO, Global Building and Supply

Table of contents

  1. Title Page
  2. Copyright Page
  3. Foreword
  4. Acknowledgments
  5. PART ONE - Evolution of a Trader
    1. CHAPTER 1 - Trial by Fire
    2. CHAPTER 2 - Neophytes and Neanderthals
    3. CHAPTER 3 - The Show
    4. CHAPTER 4 - The Firm
    5. CHAPTER 5 - Character
  6. PART TWO - Evolution of a Macromonetary Era
    1. CHAPTER 6 - “Top-Down”—It Starts at the Top
    2. CHAPTER 7 - The Golden Bull
    3. CHAPTER 8 - Bretton Woods and the “System”
    4. CHAPTER 9 - Seniorage
    5. CHAPTER 10 - The Goldbug Is Born
    6. CHAPTER 11 - The Emperor with No Clothes
  7. PART THREE - Capital Markets: Looking Inside the Market
    1. CHAPTER 12 - Welcome to My Boot Camp
    2. CHAPTER 13 - Intermarket Analysis—The Tape Tells a Story
    3. CHAPTER 14 - Who’s on First? Know the Players
  8. PART FOUR - Looking Inside the Market Technically
    1. CHAPTER 15 - Reading the Tea Leaves—Technical Analysis
    2. CHAPTER 16 - Charts
    3. CHAPTER 17 - Moving Averages
    4. CHAPTER 18 - Oscillators
    5. CHAPTER 19 - Rate-of-Change Indicators
    6. CHAPTER 20 - Fibonacci Retracements
    7. CHAPTER 21 - Historic Volatility and Volatility Bands
    8. CHAPTER 22 - Volume, On-Balance Volume, and Money Flow
    9. CHAPTER 23 - The Commitments of Traders Report
  9. PART FIVE - Looking Inside the Market: Top-Down Macro
    1. CHAPTER 24 - Again, Everything Matters!
    2. CHAPTER 25 - U.S. Monetary Fundamentals and the Federal Reserve System
    3. CHAPTER 26 - Energy Market Fundamentals
    4. CHAPTER 27 - Global Trade
    5. CHAPTER 28 - U.S. Fiscal Fundamentals
    6. CHAPTER 29 - Inflation and Labor Market Fundamentals
    7. CHAPTER 30 - U.S. Housing and the Consumer
  10. PART SIX - Trend Identification and Momentum Trading
    1. CHAPTER 31 - Why ... Trend Identification?
    2. CHAPTER 32 - Trend Identification Techniques—Momentum, Timing, and Trading the Trend
    3. CHAPTER 33 - Countertrend Trading—Divergence, Saturation, and Exhaustion
    4. CHAPTER 34 - The “TIMID” Matrix
  11. PART SEVEN - Defining and Managing Risk
    1. CHAPTER 35 - Defining Overall Risk
    2. CHAPTER 36 - Diversity
    3. CHAPTER 37 - Position Leverage
    4. CHAPTER 38 - Trade Risk
    5. CHAPTER 39 - Correlated Risk
    6. CHAPTER 40 - Sector and Portfolio Risk
    7. CHAPTER 41 - Psychological Risk
      1. Overtrading
      2. Paralysis
      3. Slow Motion
      4. Ego versus Confidence
      5. Gambling
  12. PART EIGHT - Putting It All Together
    1. CHAPTER 42 - Using What You Know When Making Decisions
    2. CHAPTER 43 - Global Supply-and-Demand Fundamentals: The Mining Industry, Gold ...
    3. CHAPTER 44 - Chart Library
  13. APPENDIX - Precious Metals: A Secular-Macro Overview
  14. INDEX

Product information

  • Title: Gold Trading Boot Camp: How to Master the Basics and Become a Successful Commodities Investor
  • Author(s): Gregory T. Weldon
  • Release date: February 2007
  • Publisher(s): Wiley
  • ISBN: 9780471728009