Futures Trading in Practice

Author: Chen Yujie
Publisher:
Publish Date: 2005-09-01
Features: When sailing on the sea, no matter where you are, what you see in the distance is a circular plane. Although we cannot directly observe the Earth from the ground, we can use appropriate methods to correctly determine that it is a huge sphere. Futures prices are equally difficult to predict, but we cannot rule out the possibility of accurately grasping them using suitable tools. This book provides readers with two trading systems that have the function of predicting futures prices: the Probability System and the Reflection System. The Probability System is based on technical analysis and systematically analyzes Dow Theory, Wave Theory, Gann Theory, Moving Average System, MACD Indicator, and KDJ Indicator. The author organically combines these theories and indicators to verify each other, thereby increasing the probability of accurate analysis results. The Reflection System delves into the Reflection Theory of financial investor George Soros, developing it from an investment philosophy into a simple, actionable trading system. These two trading systems can help readers accurately judge the price evolution trends in futures trading and are suitable for analyzing and predicting all commodity futures and financial futures products. This book is not only suitable as an introductory reading and training material for newcomers to the futures market but is also more suitable as a reference for experienced investors to further improve their trading skills.