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

Weldon, Gregory T.

Hardcover

ISBN 10: 0471728004 ISBN 13: 9780471728009

Publisher: Wiley, 2007

Synopsis

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

About this title

From the Inside Flap

Gregory Weldon, a veteran commodities speculator and expert on the subject, has mastered the gold-trading rules through more than two decades of hard-won experience. And now, in Gold Trading Boot Camp, he tells you everything you need to know when going to battle in today's volatile trading environment.

Throughout history, gold has been an exceptionally safe and effective storage vehicle for the preservation of wealth. During certain periods, however, when political instability consumes headlines and intensifies investors' anxieties, gold rises to the top of the investment pyramid for its unmatched ability to create wealth relative to other investments.

This lively book is packed with first-person war stories from the front lines of trading. But don't let its entertaining style fool you, because Gold Trading Boot Camp is also packed with specific detail and hands-on trading advice. This technique-driven handbook tells you which trading environments are tailor-made for building speculative wealth in gold trading, while at the same time explaining how to maximize your profitability from buying and selling gold in virtually every type of market environment. It features:

• A step-by-step, detailed accounting of the regimen that a successful gold trader, and any successful capital markets investor, should follow each and every trading day
• A complete overview of the gold market's structure—essential for making consistently profitable trading decisions in this "tightly held" market
• Strategies for using technical analysis and quantitative systems to accurately define significant trend reversals, major pivot points, continuation and correction patterns, and trend acceleration sequences
• An overview of the macro-fundamentals that pinpoint the most pertinent economic indicators and information sources available. The author has crafted an approach that slices through today's overwhelming amount of data-noise and empowers you to make faster and more informed investment decisions
• Market-proven methods for identifying trends, trading on momentum, and profiting from the natural movements of the market
• A valuable reference library of long-term charts that accurately reflect the historic performance of gold and precious metals markets relative to other asset classes

Today's global-macro environment presents numerous chances to extract profits from the precious metals market—more than we have seen in nearly three decades. With the fast-paced and well-researched Gold Trading Boot Camp as your guide, you'll enter Greg Weldon's Boot Camp and discover how to take profitable advantage of this once-in-a-lifetime investment/trading opportunity.

About the Author

GREGORY T. WELDON is CEO of Weldon Financial and Editor of the influential newsletters Weldon's Money Monitor, the Commodity and Currency Monitor, the precious metals–specific Metal Monitor, and the stock market–based ETF Playbook. He launched these macro-market publications, covering supply-demand fundamentals, along with technical, intermarket, and psychological insights, after building a successful career as a trader on Wall Street. Weldon has since established himself as a noted authority in the gold market as well as the global capital markets with his regular appearances on CNBC and through private speaking engagements. Information on Weldon's research products and money management services can be found at weldononline.com.

Edition details

• Publisher: Wiley
• Publication date: 2007
• ISBN 10: 0471728004
• ISBN 13: 9780471728009
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 368