In these days of major financial market turmoil many investors are trying to learn how to generate positive returns in good times and bad. What they are finding more and more is that Global Macro Trading is the best way to do this.
Instead of only buying stocks and bonds, we instead look at all the different asset classes and look for the best absolute return trades. What this means is that we don't just want reward but we want to know the risk that we are taking in order to get that reward. obviously the better the trade the more reward there is for each unit of risk.
So how do we learn more about Global Macro Trading? Well there are a few great sources. The first that we would recommend is to visit this site The Macro Trader and read everything we have there as well as sign up for the free Macro Trading 101 course. Next we would tell you to read a few books. Most notable among them are Inside the House of Money by Steven Drobny, Market Wizards and New Market Wizards by Jack Schwager, and then finally The Alchemy of Finance by George Soros.
After you have read all of these books your next step is to start reading, researching, and putting together your own ideas. if you are having trouble finding any we would of course also recommend that you subscribe to our newsletter. We are biased but we feel as though we put out the best macro trading letter we have come across. We put in countless (ok more like 60 or so) hours each week to help give you the best risk to reward trades that we can find across several different asset classes. We also provide a lot of financial analysis and commentary to back up each trade idea. Apart from our newsletter we also recommend that everyone read The Economist each and every week all the way through.
Happy Trading,
The Macro Trader
Saturday, April 18, 2009
Tuesday, April 14, 2009
Global Macro Trading
Global Macro Trading is one of not only the hottest hedge fund strategies but also one of the most consistently profitable strategies as well. Whereas many funds pigeon hole themselves where they have to trade just one asset class, global macro funds can trade anything anywhere that they can find an excellent risk to reward trade.
Many of the best long term performers are global macro traders. Funds such as the Quantum Fund run by legendary trader George Soros, Tudor Investment Corp (BVI) run by trader extraordinary Paul Tudor Jones, Caxton Global run by Bruce Kovner, and Duquesne Capital traded by none other than Stanley Druckenmiller are all great examples of funds that have made money in bull and bear markets and rarely have a losing year. When they do have a loss it is almost always really small.
The basic concept is that sometimes stocks are good, sometimes bonds are good, other times commodities are good, and yet other times there are some great currency trades. By looking at each asset class you as a trader are better able to find the best risk to reward situation and therefore maximize your gains while even more importantly minimizing your risk.
Global macro trading has also performed really well throughout the 2007-2009+ bear market. As a group they have racked up a positive performance on both absolute and relative returns.
The Macro Trader is a weekly service that sends out global macro analysis geared towards traders who like the global macro style and want to stay on top of trends in the fixed income, equities, currency, and commodity markets. Each week it provides analysis and actionable trading ideas for you to use. In addition there is a members only website where we post up to date analysis on current events and other things that are relevant to your trading. In addition The Macro Trader is adding educational content as well for those who would like to learn more about global macro trading.
Happy Trading,
Dave@TheMacroTrader.com
Many of the best long term performers are global macro traders. Funds such as the Quantum Fund run by legendary trader George Soros, Tudor Investment Corp (BVI) run by trader extraordinary Paul Tudor Jones, Caxton Global run by Bruce Kovner, and Duquesne Capital traded by none other than Stanley Druckenmiller are all great examples of funds that have made money in bull and bear markets and rarely have a losing year. When they do have a loss it is almost always really small.
The basic concept is that sometimes stocks are good, sometimes bonds are good, other times commodities are good, and yet other times there are some great currency trades. By looking at each asset class you as a trader are better able to find the best risk to reward situation and therefore maximize your gains while even more importantly minimizing your risk.
Global macro trading has also performed really well throughout the 2007-2009+ bear market. As a group they have racked up a positive performance on both absolute and relative returns.
The Macro Trader is a weekly service that sends out global macro analysis geared towards traders who like the global macro style and want to stay on top of trends in the fixed income, equities, currency, and commodity markets. Each week it provides analysis and actionable trading ideas for you to use. In addition there is a members only website where we post up to date analysis on current events and other things that are relevant to your trading. In addition The Macro Trader is adding educational content as well for those who would like to learn more about global macro trading.
Happy Trading,
Dave@TheMacroTrader.com
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