Carl A.Futia – The Art of Contrarian Trading

Carl A.Futia – The Art of Contrarian Trading

Description

Why is it so difficult to beat the market How can you avoid getting trapped in crashes and bubbles. The answers are here Carl Futia’s new book, The Art of Contrarian Trading. This book will teach you Futia’s novel method of Trading contrarians from the ground up

Futia explains principles and practice in 16 chapters. of Contrarian trading. Learn the Edge that separates the winners and losers from the speculators. Discover how to apply No Free Lunch to identify profitable trading methods.  Learn the wisdom and the follies of Investment crowds and information cascades that cause stock prices to be too high or low relative to fair value – how they are formed Learn the power of Your Media Diary – How to Use It to Identify Information Cascades and Measure the Strength of the crowd’s beliefs, and decide when the crowd’s view is about to be proven wrong.

Futia will demonstrate these principles. of Contrarian trading allows you to navigate profitably and safely through the 26 turbulent years. of Roller coaster swings in U.S. Stock Market – Futia kept a media diary during this time and created his Grand Strategy of Contrarian Trading.  This Grand Strategy was successful during the Great Bull Market of 1982-2000. You can watch the video Contrarian Practice of the rebalancing technique during the dot.com collapse of 2000-2002. Find out when Aggressive is available Contrarian Traders bought and sold during bull markets of 2002-2007. Learn more about the causes of Panic of 2008: Ups and Downs of That dangerous time saw contrarian trading.

Futia demonstrates how the market changed during the 1982-The 2008 period was foreshadowed in magazine covers and newspaper headlines which astonishingly and repeatedly encouraged investors to do the wrong things at the wrong times. A trader or investor can monitor crowd beliefs using news media headlines and the guidance Futia provides through the many historical examples.-You are able to anticipate market turns and profit from them.

Table of Contents

Preface.

CHAPTER 1 Can You Beat the Market!

The Speculator’s Edge.

Investors can get a helping hand.

How to spot market mistakes

Take a look at the evidence.

Market timing.

Catch 22.

CHAPTER 2 Market Mistakes

Efficient Markets.

Stock Markets and roller coasters

Are Stock Prices Too Fluctuating?

A look at behavioral finance.

Behavioral Finance and Exploitable market Mistakes

There is no free lunch redux.

CHAPTER 3 The Edge.

The Theory of Market Mistakes

You can get along if you want to.

Make a mistake and go along.

The Social Calculus of Crowds.

The Vision of You can find more information at Contrarian Trader.

CHAPTER 4 The Wisdom and Follies of Crowds.

Can a Crowd be wiser than its Members?

The Need for Collective Wisdom

Independent Decisions in Financial Markets

Forecasting Market Psychology.

Information Cascades into the Whirlpool of Speculation.

CHAPTER 5 The Psychology and the Life Cycle of An Investment Crowd.

Prologue.

The Cycle of Birth and Death

The Stock Market Bubble of 1994-2000.

It’s Different This Time: The New Information Economy.

Shattered Dreams The Bear Crowd of 2001-2002.

Popular Instincts, and the Search for Certainty

The Pied Pipers of Crowds for Investment

The Mental Unity of Crowdfunding

Suggestibility and Volatility.

CHAPTER 6 The Historical context for Market Mistakes

Mature Investment Themes and Market Crowds.

Mistakes versus Fair Value.

Market Data Sources

The A Deadly Mistake

What is the Stock Market (Extremely Overvalued)?

Download now Carl A.Futia – The Art of Contrarian Trading

What is the Stock Market Worth?

The Peak Oil Bubble.

CHAPTER 7: How Crowds Communicate

What Can Information Cascades Teach Investors?

The Role of Mass Media

A word about personal flexibility and the future of Media.

Monitoring the Markets.

History Study of Bubbles and Crashes

CHAPTER 8 Constructing Your Media Diary.

Gaining the Edge

How my diary made a difference in 2002.

Get ready to cut, paste, and share.

Excerpts From My Media Diary: November 2005

Excerpts of My Media Diary: June 2006.

Interpreting Magazine Covers.

CHAPTER 9 Key Investment Topics.

Telling the Market’s Story.

New Eras.

Effect of Stock Market: War and International Political Crises

Financial Crises Create Crowds.

New Industries and Companies

Commodity Booms

The Bond Market and Interest Rate Movements

You can track investment themes using your media diary

CHAPTER 10 Interpreting Your Diary: Market Semiotics.

Media and Information Cascades

Your Media Diary: Living History of Information Cascades.

Semiotics: The Study of Signs.

The Most Important Sign: The Pricing Chart

Magazine Cover Stories.

Newspaper Headlines.

Front Page Stories and Editorials

Crystallizing Events.

The Weight of The Evidence.

Learn more about Market Semiotics.

CHAPTER 11 The Grand Strategy of Contrarian Trading.

Contrarian Investment Planning.

Contrarian Trader’s Investment Portfolio.

The Investment Goal of The Contrarian Trader.

A warning about capital gains taxes

Contrarian Trading Strategy #1: Don’t Speculate.

Contrarian Trading Strategy #2: Don’t Invest with the Crowd.

Contrarian Trading Strategy #3: Contrarian Rebalancing.

The Aggressive Contrarian.

The Long-Only strategy for the aggressive Contrarian Trader.

More aggressive Contrarian Trading Strategies.

CHAPTER 12 The Great Bull Market of 1982-2000.

Prologue.

The 1987 Crash.

Interlude: The 1929-Crash of 1932 and Bear Market.

The S&L Crisis, the 1987-1990 Bull Market and the 1990 Bear Market Crowd.

Rally without Joy, 1991-1994.

The 1995: Stock Market Bubble Inflates-2000.

The Aggressive Contrarian The 1987 Crash.

The 1990 Low.

Management of Long Term Capital goes bust.

Chapter 13 Collapse of The Bubble The 2000-2002 Bear Market.

The End of The Great Bull Market.

Contrarian Rebalancing in the 2000-2002 Bear Market.

The It’s a long way down again.

Contrarian Rebalancing in the Crash.

The Aggressive Contrarian The 2000s-2002 Bear Market.

Wall Street is a disaster.

The Summer Rally.

The March 2001 Plunge.

Terrorists attack on 9/11

End of A Bear Market.

Transition to a New Bull Market

CHAPTER 14 The Postbubble Bull Market of 2002-2007.

Escaping the Bear’s Claw

What Bull? Looking for Signs of a Bullish Information Cascade.

The Story of Google’s IPO.

The Housing Bubble.

Aggressive Contrarian Trading 2002-Bull Market 2007.

April 2005—A Buying Opportunity.

June 2006—Another Buying Opportunity.

Aggressive Contrarian Trading Beginning 2007.

July-October 2007.

CHAPTER 15 The Panic of 2008.

The Conservative Contrarian During the Panic.

The Mortgage Mess.

The Debt-The Deflation Spiral is Now Real.

Lenders of Last resort.

The Credit Crisis and the Contrarian Trader.

Bull Market Top and First Step Down

The Bear Stearns Failed.

Fannie and Freddie.

The Crash: Bankruptcy of Lehman Brothers.

CHAPTER 16 Vignettes Contrarian Thinking and practicing.

The Psychology of The Stock Market.

The Godfather of Contrary Opinion

Opinion Polls: What Do You Think? It is possible to Think?

Is it? The Is Odd Lotter Always Wrong

A Forecasting Giant of The Past.

Paul Montgomery The Magazine Cover Contrarian.

Irrational Exuberance & Other Bubbles

Value Investing—A Back of The Envelope Approach.

About the Author.

Index.

Information about the Author

CARL FUTIA is a trader who runs a highly rated investment/trading blog (carlfutia.blogspot.com). He gives very specific price predictions for the stock and bond markets as well as various commodity markets. Futia’s main tools are derived from the theory of Contrary opinion and box theory. He holds a BA in economics from Yale University, a master’s degree in mathematics from the University of California, Berkeley. Also, a PhD in mathematics economics from Berkeley. Futia is the author of several papers on theoretical economics published in scholarly journals.

Forex Trading – Foreign Exchange Course

Are you interested in learning more about Forex?

The conversion of foreign currency, or forex, takes place in foreign exchange. of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of Demand and supply
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A country’s currency value may also be set by the country’s government.
However, many countries allow their currencies to be freely float against each other. of Other countries, which keep them in constant fluctuation.