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L**T
Far to harshly criticised, A good read
I feel that perhaps the readers who have criticised this book very harshly simply expect way too much from a trading book. A trading book will never have information on how to make billions otherwise the author would not be bothered about writing such a book and would just be trading. If you look at my other reviews (so far mostly "for dummies books") I write that they give you an over view of the subject and alert you to the risks and rewards of trading and the mechanics of how trading works. I actually read the whole book and found it fairly interesting. The book is ideal for giving a solid introduction to the futures markets because many books simply aren't around that do that.
E**M
Practical Overview of trading futures
This is a good overview with many warning to be careful not to bust your buget. Learning to be a future trader is only possible for about 1/3 of those who try according to Duate.
M**O
worthwhile
It is nicely organized. Beginners may have to read it more than once. Experienced individuals would find it helpful as a review and/or helpful in adding clarity to the discipline.
T**Y
Futures 101 !
A good user friendly futures book for beginners +.
M**S
Good summary for work
Great book- bought to help explain the process of trading and commodities. Very basic but some good information presented in this book.
R**T
Future Trading
I have used 'Dummie' books before to gain knowledge about different subjects. This book has been a great resource and I would recommend for persons who are looking for a great overview of 'Future Trading'. When I am searching for an informational source I have used Amazon many times for that purpose. Amazon's Software documentation and education resources are excellent and I have found the whole process is very rewarding. I have been very satisfied with the product and the delivery. I would use again!
M**R
Horrible
Unfortunately, this is the worst financial and "For Dummies" book I've ever read, and I've read many. I trade options, but thought I'd try to learn a little bit about futures, and figured this would be a good starting point. Boy was I wrong.For starters, a critical aspect of a futures contract is its expiration date - the author spends zero time discussing how, for a given asset (e.g., wheat), which contract expiration date should be chosen. The only useful information is the classification and definition of different types of futures (stocks, commodities, etc.). Even the simple intuitive concept of the convergence of a future's price to the spot price, as the expiration approaches, is not mentioned. The lack of such fundamental details is horrifying.The author also discusses economic reports and technical analysis which, while not being the reason I bought the book, could be useful in trading futures. However, even here the author does a poor job. Indicators are discussed before they are defined, and even when their definitions are included, they are brief and unclear. Many indicators that the author discusses are never even defined. I had to go to wikipedia to learn what the author was talking about.Finally, as I started writing this review, I noticed that the author had written his own 5-star review of his own book (one of only three 5-star reviews). Inexcusable, I think, and horribly unprofessional.Avoid this book (and author).
H**
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