The Global Macro Edge

Exploit global market relationships to maximize investment returns The Global Macro Edge: Harnessing Risk-Based Strategies to Power Next Generation Investments is the individual trader's guide to following and trading global markets. With expert insight and detailed discussion on strategies including long gamma, short gamma, trend following, mean reversion, and spreads, the book provides traders with the knowledge and tools they need to pursue profit in any major market in the world. Written by a leading trading educator, this resource analyzes the common mistakes and false assumptions that inhibit positive returns in global markets, and offers solutions that allow investors to maximize return per-unit-of-risk. Global macro themes have become the main drivers of world financial markets, and the development of electronic markets has leveled the playing field. National economies have been ever more intertwined, and with 24-hour access, traders of all pedigrees can move global capital more quickly and easily than ever before.
The Global Macro Edge clarifies the relationships across multiple markets, allowing traders to form a more well-rounded perspective and detailed synopses of where to invest and what to trade. Topics include: Setting up information flows, analytical processes, and trading strategies Typical 25-hour behavior cycles of various globally-traded markets Fundamental and technical tools to assess market performance Necessary attributes that make a successful global macro trader With domestic markets performing unevenly and access to global markets increasing, traders need an effective way to gather and analyze global financial information. This book describes the fact-finding methods that allow for trend identification, and provides a variety of strategies traders can use to profit from the opportunities available. For the investor looking to go global, The Global Macro Edge provides integral information for success.