A complete, easy-to-read introduction to exchange traded funds Getting Started in Exchange-Traded Funds clearly explains the ins-and-outs of these new investment vehicles and how to successfully add them to an investment portfolio. This book will show investors how ETFs are created, how to evaluate an ETF's performance, and where to look for an ETF that best matches a particular investment objective. In addition, it will demonstrate how to use basic technical analysis to forecast ETF prices and explain how options on ETFs can be used to enhance an investor's success. Getting Started in Exchange-Traded Funds also reviews the importance of good money management-outlining the specific steps that readers can take to curtail losses and let profits run. Todd Lofton (McLean, Virginia) is a past member and floor trader on the Chicago Board Options Exchange and a popular seminar speaker and writer on futures and options.
Been reading a few ETF books as I recently entered this marketplace. This book is, I believe, a little overly complex. Initial investors are probably unlikely to need info on ETF futures, short and long trading or ETF day trading. it is still a worthwhile read although slightly dated (2007) from todays marketplace. The intial chapters are good for getting a grounding in common ETF and market lingo and concepts.
A great book. The writing is straightforward and there are plenty of charts to substantiate Lofton's analysis. Topics are enticing... hedging with futures, option spread, day trading... It absolutely sparks my interest in digging more information about ETFs. Highly recommended.