"World Event Trading: How to Analyze and Profit from Today's Headlines
is one of the more unique and interesting financial books that I have read in quite a while. Though often times trading books deal with the minutia of market movements, Andrew examines three types of world events: infectious diseases, natural disasters, and politics, from a historical perspective before showing how all three impact the financial markets." (-- Tom Aspray, Book of the Month Reviews, MoneyShow.com, August 2007)
From the Inside Flap
In an age of twenty-four-hour news coverage and cutting-edge technology, world events dominate our lives and impact the financial markets. From hurricanes to the war in Iraq, we exist in a crazy, connect-the-dots planet. However, the well-prepared investor can turn these events into profits. All they need is the ability to recognize the consistent characteristics of these events and the vision to build a strategy or portfolio that can take advantage of these situations when they begin to unfold.
As a foreign exchange strategist with over twenty years of financial experience, author Andrew Busch knows what it takes to make it in today's dynamic market. And now, with World Event Trading, he wants to show you how.
Filled with in-depth insights and expert advice, this practical guide examines three categories of world eventsinfectious diseases, natural disasters, and politicsand provides hands-on strategies for trading profitably on each. Using actual examples of the war in Iraq, Hurricane Katrina, and other recent "page one stories," Busch shows you how to understand all-important market moods and anticipate profitable trades. He also reveals little-known details on legendary event-driven trading successes, illustrating how any trader can repeat them in different market environments.
While making money in today's market isn't easy, the approach outlined within these pages will give you a distinct edge when it comes to trading world events as they occur. Essential issues discussed include:
How types of diseases have changed over the yearsfrom the Spanish Flu to Mad Cowand why their influence on society and financial markets remains the same
The effect of environmental disruptionsfrom earthquakes and tsunamis to global warmingon industries and economies
The opportunities that government change and scandal offer the informed trader
And much more
Infectious diseases, natural disasters, war, and other events have all made their presence felt in ways that have shocked financial markets. Due to vastly improved means of communication, the impact of these events has been concentrated into an even shorter time frame and created more pronounced price movement across global markets. With World Event Trading as your guide, you'll quickly become familiar with how world events develop and learn how to capitalize on these situationsand generate outsized profitswhen they do occur.