Trading S&P Futures and Options: A Survival Manual and Study Guide

Table of Contents Introduction Deciding Which Course to Play Selecting the Correct Equipment Selecting a Broker Types of Orders Giving Orders Special Problems with Option Orders Record Keeping Learning to Predict the Market Money Management Four Trading Patterns to Examine for the S&P The Psychology of Trading OK, Let's Trade Futures (Buy/Sell Signals) Options: A Short Game Wrap-Up the Golden Rules Five Final Trading Suggestions The following is a letter received by Dr. Lloyd in praise of his work: Dear Dr. Lloyd, Recently I acquired your book on Trading in S&P and found it extremely informative. Todate, I have been involved in trading the London FTSE futures but due to liquidity problems have turned my attention to the US market. The time difference is a slight problem but I have conducted some 6 months of research now and have got used to it. I have a realtime feed of S&P cash and am now planning to visit the DBC Corporation in London to view their system for the futures data and analysis with Tradestation. I have also read Gary Smith's work and you are right about the number of indicators on the Tape Readings and the amount of processing required prior to a decision making process which can be quite an imppediment to successful trading. I have found your trading style to be very practical and effective. I would be highly obliged if you would spare your valuable time to inform me if you hve made any recent changes to the strategies described in your book in view of the considerable volatility that is being experienced in the markets. Do you still utilize TICK and TRIN in your decision making process and any further information on these two indicators would be greatly appreciated. Once again I would like to thank you for the important role played by your work in my research efforts to build viable and effecive trading strategies. I am sure this will be crucial in my success in trading S&P and S&P minis. By the way, I have also spent considerable time on th psychological aspects and have gone through several reading of The Disciplined Trader an The Intuitive Trader. The chapter in your book on this aspect is excellent and extremely practical. I very much look forward to hearing from you in regards to the above and would also be interested in subscribing to any service that you may be providing in Trading S&P's.---Yours Sincerely, DTP of West Midlands ENGLAND