PDF Title | : | Spread Trading |
Author | : | Howard Abell |
Language | : | English |
Publisher | : | Marketplace Books |
Format | : | |
Total Page | : | 200 Pages |
PDF Size | : | 5.90 MB |
PDF Link | : | Read and Download |
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“In my opinion, technical analysis is not an adequate substitute for what I would call the salient statistics of the grain business. You need to know more facts about the market itself to trade spreads in order to be successful. I think you need this type of information for trading spreads.
Perhaps, if you’re an outright trader you can get by on technicals alone. If you’re just spec trading and you’re keying off on a 10-day moving average, or a 20-day moving average, the market crosses the average and you get long. Spread trading I do not believe is that simplistic.
The spreads are fairly complicated, which means two things: you have to spend a lot of time on your analysis and when you’re right you won’t have a lot of company.”
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