Futures-market


Related Subjects: Fully-invested
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Book reviews for "Futures-market" sorted by average review score:

Trading Systems and Money Management: A Guide to Trading and Profiting in Any Market (The Irwin Trader's Edge Series)
Published in Hardcover by McGraw-Hill (July, 2003)
Author: Thomas Stridsman
Amazon base price: $38.50
List price: $55.00 (that's 30% off!)
Used price: $28.95
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Average review score:

Worst Money Management Book I Ever Read
From the content to the writing style this book scores a zero. The book is more of a sales piece for another book Stridsman wrote. I have never heard of someone being so stuck on percentages. Stridsman should be a middle school math teacher. Of course percentages are important, but I don't think we need to pay nearly 40 dollars for a magazine columnist to tell us that. I guess if you happen to want to buy his code for tradestation you might find the book more interesting, but you can get that stuff for free off of many sites. Don't waist your money.

Very Disappointing
Wow, what can I say? This is a huge disappointment. I don't think you really need this book because Stridsman's first book is good enough and better. The problem with this book is that the systems are rehashes of articles that the author has already written for Active Trader magazine, and the systems are not even that good. This book is "been there, done that" -- it does not advance the technical analysis literature with any new concepts or ideas. I had a strange feeling of deja vu only a few pages into the book. Again, I am really surprised that this book was released - cannot recommend it at all.

Finally money management is combined with systems trading
It doesn't matter how great your system is if you don't have a relevant money management strategy that will sustain you for the long run. Mr.Stridsman does just that. He does not pull punches in showing the relevance of trading systems and how useless they are if there is no money management component.

He then goes on to show you how to combine these two seemingly disparate concepts into concrete solution for trading jus about any market.

Where he falters is in the mechanics of the actual items that you can trade. Especially with single stock futures now on the scene I would have like to have seen some examples of single stock futures in the book. In this instance I would combine Mr.Stridsman concepts with the book "Single Stock Futures For Small Speculators" or "Futures For Small Speculators".

Otherwise I was thoroughly impressed.


L. Ron Hubbard Presents Writers of the Future XVII
Published in Mass Market Paperback by Bridge Publications (August, 2002)
Author: L. Ron Hubbard
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Well whaddaya know -- $cientologists at it again
Let's face it -- Hubbard was a piss-poor scifi writer, capable only of coming up with his own crackpot, moonbat religion.

He didn't write this. He's been dead for years.

Find something better, people. ANYTHING will do.

Great New Writers
This anthology contains some wonderful stories by new writers who, I'm sure, will be seen more of in the future. There are a mixture of stories for all tastes, and only one or two I didn't like. My favorite story was "An Idiot Rode to Majra" by J. Simon. It's a fun, beautifully written story about a young man who outwits the system of the new, oppressive government. Other notible stories are "The Plague" by A.C. Bray (a pied piper story), "Time Out of Mind" by Everett Jacobs (a love story through time), "Hello and Goodbye" by Michele Letica (the far future controled by green peace), and "Market Place of Souls" by David Lowe (a young girl's journey through life and other's bodies). Worth the read.


Detecting High Profit Day Trades in the Futures Markets: Using Zone Pattern Probability Analysis
Published in Paperback by Windsor Books (01 April, 1994)
Author: J. T. Jackson
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Terrible, save your time and read something else
This book deals around a concept and from page one tries to relate that concept with W. D. Gann. Over the years I have noticed that when people wnat to sell a book dealing with anything relating to the financial markets they call for W. D. Gann to help. Gann as a trader used very simple rules (swing trading) and none of the mystical stuff which made him known. In fact the mystical stuff came AFTER Gann retired from trading. Now, it is up to you: the concept explained in this book is actually FALSE and does NOT work. There is a forthcoming book by this author together with someone called Robert Krausz. I have been given that book to read and I come to the very same conclusions: 1) they want to sell and make money selling books 2) to do that they think up of an attractive concept and, 3)they ask W. D. Gann for help. Concluding: if you plan to make money in the markets then you shouldn't even consider these books!

statistics or not
This book presents supposed statistical analysis of prices hitting, supporting or resisting intraday, depending on the previous day closing price and opening price based on pivot levels.

Some of the percentages present apparently good trading opportunites. However, there are six zones and hence 6 close x 6 open price combinations and the six levels which price the can hit during the day. You can get an idea as to how many permutations (trading setups) there are.

Although this is supposed to be a statistical analysis, with nice percentage numbers, the data would be more attractive if the P values and the n were included. Basically you will have to backtest each combination to verify the worth of the percentages for each promising setup.

Pecentages also vary quite a bit between different markets although some nice correlations do exist.

The book presents a lot lot more numbers than most books and therefore deserves appropriate credit. Some of the better stats can be tested in simple backtesting programs.

Would be more reasonably valued at a lower price than the listed retail.

Lot of mumbo
.... this book is filled with lots of white space, blank pages and mostly useless information. It's a very quick read, and has some limited trading appeal. The logic is very similar to market profile and daytraders' pivot numbers. Price seeks to reach a middle ground "pivot" - shaped like a bell curve, with the most activity in the middle and least on the extreme ends. This book throws a whole bunch of stats of percentages of what happened when in particular ranges. This is similar to market profile, with a vague theory of generalities, and requires you to work with wide stops within zones. Market profile and floor pivot number traders may find this book useful in linking together a method , but overall .. this book isn't worth buying.


How I Tripled Money Future In the Futures Market: The Winner of the 1992 Robbins System Trading Championship Shares His Secrets
Published in Hardcover by McGraw-Hill Trade (March, 1994)
Author: Ulf Jensen
Amazon base price: $50.00
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Collectible price: $26.47
Average review score:

Save your money
The book's indicators are not for the mathmatically challenged, written for Tradestation. That is the majority of the book - BUT, the systems used to win the trading championship were very simple and basic. Not these complex formulas. Looking at the equity curve and his spotlighted trades, it looks like he got lucky, catching the right 2 markets and 3 - 5 trades that made the contest for him.

The sections on setting up your screens and computer are obviously very out of date. Nothing special here, you're not missing anything.

It's Not Bad, But...
it's not great either. I thought it was better than the other "1 star" reviewers. I believe I enjoyed it better because I had no expectation for this book to really teach me anything spectacular.

His work is not too complex, it's just that he presents so many indicators, and then combines them. I thought his use of Kurtosis was interesting and some of his ideas are worth further research if it complements your current work. If you've already devoured your favorite books and are looking to increase your stock in short-term trading ideas, it would be worth a read.

I have to agree with the other reviewer who said that his success in theRobbins Championship came from just a few profitably outlying trades.

Wait to buy it used for ... less.

A mathematically complex method of predicting turns
Jensen has described mathematical methods for measuring, and then for predicting, changes in price momentum. This book is not light reading, but the effort invested leads to a method for computer-generated signals which predict when a price series will reverse. This concept can be a powerful tool, with signals which are leading or coincident to turns. Although Jensen deals with other aspects of trading, this is in no way a book for beginners. For the serious student of the market, it is more than worth the trouble.


Trading in Choppy Markets: Breakthrough Techniques for Exploiting Non-Trending Markets
Published in Hardcover by McGraw-Hill Trade (01 August, 1996)
Author: Robert M. Barnes
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HAS NOT BEEN FOUND TO BE USEFUL TO MY TRADING
This book is totally designed for very short term traders using computerized techniques. However, a novice might hear that market are choppy 85% of the time and trending only for the other 15% and think that this book can be helpful, but it not be helpful to you based on that kind of thinking. To see if this book suits your style of trading, you should check the reviews done by other traders whose situation maybe similar to yours.

Good ideas but can you trust the author?
Barnes does have some interesting ideas, but if you have Tradestation or similar, test everything! I found one system badly fudged -- it looks good only if you use the exact data used in the test. Go earlier or later and the system looks pretty bad. I am suspicious and in any case if you have to go over everything in a book to verify it, it's too much work.

Reader from New Jersey Mistaken....Badly
The previous review gave this book one star and used as a reason the mistaken statement that the author's win/loss ratio on simulated silver contracts was 46/54. For those of you who KNOW what these numbers mean (active traders, most likely) you know that this means 46 OUT OF 54 trades were profitable. In my book this turns out to be 85%. Try doing THAT with a coin-flip.

In my opinion Robert M. Barnes is one of the most insightful traders/authors in the business. His systems, analysis and technical know-how are matched by very few. This is yet another very succinct, well-written, and technically informed book by the author. Anyone interested in serious short-term, high-profit trading would do well to have this manual in their arsenal.


T2: The Future War
Published in Mass Market Paperback by HarperEntertainment (01 June, 2004)
Author: S.M. Stirling
Amazon base price: $7.99
Average review score:

fabululously awful, and then just plain awful
So bad it's a blast to read. Jam packed with the author's political views, especially hilarious when they have nothing to do with the plot! There's nothing like giving book contracts to the mentally disturbed. Look out Vegans and environmentalists! You'll be target number one when Skynet rules, aparently. Also hilarous are the dropped characters and storylines, like the group of college students who have their own chapter to almost never be mentioned again. Also: There's a gas shortage! Don't waste gas! We have to get somewhere quickly for this plot twist, let's drive! And remember, if you disagree with Sterling's political views you are an "idiot activist in an idiot cause," so there!

A Book Written on Spec, and it Shows
T2: The Future War is the third book in a series that follows the characters of
The Terminator movies from where the movies leave off to future world that was
described so chillingly in the first movie. Stirling is faithful to the movies, and keep
his characters consistent with those on the big screen. He expands on the story
told in the movies and provides a good deal of background information and detail
on how the Terminator future can to happen. The problem with T2: The Future War
is that most of the plot and themes in the book are so simplistic that I found myself
skimming chapters to get to the paragraphs where SkyNet unleashes a new round of nasty machines upon humanity. The characters were so shallow that I simply did not care what happened to them. To make things worse, the ending is pre-ordained so there was no real suspense in the story.

A more serious problem, however, was that the book was full of cliches. For example, environmentalists and ecologists are portrayed as cold-blooded, fascist who are incapable of thinking for themselves. Stirling seems to be using this book
to editorialize on groups that he does not like, and he assums that his readers share his views. I lost interest after a few chapters.

Stirling has written some very good stories, but this is not one of them. Read The Children's Hour to see Stirling at his best.

Good series, but weak ending
"T2 The Future" is the third book by S.M. Stirling. This books starts right before Judgement Day though years of battling the Skynet. While this might have be good idea for the third teminator movie, it just didn't work well for this series. The writer left many details that would have explain the action of his characters. I believe that Mr. Stirling could have given the characters more emotions, like he did in the first two books. Also since the book had alot on jumping in the future, its clear that the reader lost alot that could have made the book better. As I said before, this have been better if it was a movie and not a book.


Future Wars
Published in Mass Market Paperback by DAW Books (01 April, 2003)
Authors: Martin H. Greenberg and Larry Segriff
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One of the worst anthologies I've ever read
I know that I'm being pretty harsh on this book with a one star rating, but really, that's what it deserves. In total I only finished reading about half the stories; I ended up skipping the rest after a few pages.

The main problem with the stories is that although they are (sometimes) fairly interesting, they all suffer from poor editing and below-average writing quality. The plots, although filled with interesting technological gadgets, are poorly executed and often have nothing to do with military conflict.

For example, the story "Ranger" has a unique premise: a squad of US operatives are using non-lethal weapons to send a message to a third-world despot. However, I got about a third into it, was turned off by the amateurish writing style and skipped to the end.

Honesttly, this book is a complete waste of time and money. I reccomend reading something like "Best Military Scifi of the Twentieth Century" or "Starship Troopers" or "The Forever War".

A Pick and Choose Collection of Stories.
There where a number of enjoyable stories in this collection, but also a number which I personally didn't carefore.

BiFrost Crossing by Barry B. Longyear: Is a short story about a soldier in the future who has ended up in the psych ward because he is having flashbacks, it is from these flashbacks that we learn what is going on. (A little strange but interesting.)

Faith On Ice by James H. Cobb: Personally Mr. Cobb is one of my favorite authors and he doesn't disappoint in this short story. Set on the Antartic Ice in about 100 years, a skimmer pilot keeps the faith and goes to find two missing fellow soldiers. (A very good little tail, perhaps a glimps of a future series by the author.)

Sparks in a Cold War by Kristine Kathryn Rusch: A story about a hunting expedition to a forbidden planet gone wrong. (Strange but interesting.)

Los Ninos by William H Keith Jr: A tail about humanity attacking a weaker species for political and econmoic reason. And the soldiers reactions to this and in particular one tough female marine when confronted with the truth. (Interesting and thought compelling, a good read.)

An Admiral's Obession by Kathrine M. Massie-Ferch: The story of a woman who is now only a Admiral in the navy, who once was the crowned princess to a now over-turned throne. A woman who will do anything to protect her home. (A great story.)

Ranger by Bill Fawcett: A rather funny little tale once you've read it and thought it over. In the age of non-leathal weapons how you teach someone that they are not beyound the reach of the US Military. (A great story.)

The Vaction by Ron Collins: Two old biddies take a vaction to a world that without Terrian support would have been crushed by the enemy. (A so so story.)

On the Surface by Robert J. Sawyer: If you liked H.J. Well's "The Time Machine" This story is a spring off from that idea. (Didn't care for it)

Air Infantry by R. J. Pineiro: Earth has been invaded, and now the humans have figured out how to finish off the last of the invaders. (A intersting story.)

Toy Soldiers by Robin Wayne Bailey: A great little read about a "Super weapon" gone wrong. (Neat little story.)

Most of the stories in this collection I would call decent to great, but the ones I didn't enjoy I really didn't like at all. Pick it up fore yourself if you enjoy any of these authors. A Decent read all in all.


Global Finance and Financial Markets: A Modern Introduction
Published in Paperback by World Scientific Pub Co (19 February, 2001)
Author: Ferdinand E. Banks
Amazon base price: $34.00
Average review score:

Not elementary, not globally focused
This book purports to be elementary and easy to understand. It also claims to introduce the reader to global finance. In fact, it does neither particularly well.

The language is unnecessarily ponderous and unclear, which is a shame. Finance doesn't need to be so academic, boring and confusing. The author does little to welcome neophytes into the financial world, and a lack of interesting visuals and examples doesn't help matters.

Furthermore, much of the book's focus is on generic markets (stocks, futures, etc.), rather than on global (overseas) markets. And so there isn't enough attention to the characteristics and peculiarities of foreign markets. Similarly, the major topics of global finance, that one might reasonably expect to be the meat of such a titled book, are mostly left to just one chapter (Global Finance) of 24 pages!

The book just doesn't fit the bill of a good introduction to global finance.


MESA and Trading Market Cycles
Published in Paperback by John Wiley & Sons (May, 1992)
Author: John F. Ehlers
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More Obtuse than the Average TA Book
Perhaps with time Ehlers writing improved but I found most of this book to be unclear - except the parts at the end about how to use the MESA cycles for trading. He has one idea, a ELI (Ehlers Leading Indicator), that sounds intriguing but darned if I can figure out how to calculate it based on his passing description of it. When he tries to explain phasors by "think of an engine" example, he only made me more confused. I really want to understand the mathematical ideas presented herein so I'll keep at it but I'm hoping I'll find a cycle writer with a style I can decipher better. Haven't read his later stuff yet though. Maybe he got alot more clear.


The Future Scrolls
Published in Mass Market Paperback by Zebra Books (Mass Market) (September, 2003)
Author: Fern Michaels
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Someone stole the writer's identity??
Please, Please tell me that is the truth. I mean, after reading at least 7-10 of Ms. Michael's books, I just cannot believe that she actually let her name be attached to this novel. The writing was bad, choppy, plot all over the map, no flow to this story whatsoever. Please don't waste your money on this book - thank God I borrowed it from the library and am not out any $$.

Was this book even edited?
Where was the editor for this book? Inconsistencies, dreadful character development, rushed writing - it seems more like a synopsis for a book than an actual published book. Don't waste your money on this title.

Boo Hoo
I am an avid reader of both fiction and romance novels. I average approximately 6 novels a week. I always read the reviews on this site before I buy the books. I have never felt the need to write a review until this book.
I recently read the Texas series by this author and liked them, so I picked this book up on a whim. I really wish I had saved my money. I know that not every novel can be wonderful, but this one is so lacking that I can't believe it was published. I would have to agree with the earlier reviewer that said that her book is now in the trash, because that is where mine is headed. I usually resale my mediocre books to Half Price Books, but I wouldn't want to torture another unsuspecting reader with this book.


Related Subjects: Fully-invested
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