Product Description
by Kara Boniecka (Author)
These are uncertain times. Anyone actively trading markets today has some tough questions to grapple with on a regular basis... Why do markets react so positively to bad news now? Are we at the end of a cyclical bull market or at the start of a secular bull? If the market crashes, will I lose my shirt? And if I'm not in the market, will I miss out on another banner year of gains? Are there early warning signals that will help me figure all this out? The answer is yes. How would you like to know: The only economic indicators you need to watch each month to understand if we're headed for a correction or worse. The way the relationship between bond prices and equities has been turned on its head. What one commodity you should track to get an early view of the health of the economy, How to make sense of statistical indicators like VIX and SKEW. The two main ways markets react to geopolitical news and how you can reduce your risk even in the scariest of times. The underutilized tool to get insight into smart money and their actions so you can trade like the pros. The one simple rule for understanding short term momentum in markets. How to interpret Advance/Decline lines so you don't get whipsawed. Why risk management is the real holy grail of trading. And much, much more...
Author Biography
Kara Boniecka's love of finance and markets goes back to her earliest days. She fondly remembers playing "banker" with her stuffed animals and being thrilled at age 7 to be given responsibility to go inside Bell Federal Bank to submit her parents' mortgage payment. As she grew older, she honed her financial acumen through academic rigor. She graduated from Harvard University at age 19 with an AB in applied math with economics. Later, she attended the Wharton School at the University of Pennsylvania where she obtained an MBA in finance and graduated top 5% in her class. Boniecka has worked for many top financial firms in both financial modeling and systems design capacities. She started her trading career in the grain pits at the CBOT, before moving on to work at a bulge bracket bank and finally at a proprietary trading shop in Chicago. Her background has afforded her a keen focus on risk management and capital appreciation. Since 2010, she has been developing and trading her own automated systems. Her expertise in algorithm development and advanced data sciences techniques has made her the perfect fit for quant/mechanical trading. However, she believes wholeheartedly in a balanced approach that utilizes macro analysis to increase trade performance. It was out of the desire to help others make sense of markets that she wrote this book.
