books on future trading?

jim bin · July 16, 2007

hi guys, please recommend me some books on future trading, thanks

james_gsx · July 16, 2007

There are several good reccomendations in the book review section. But I really enjoyed John Carters Mastering the Trade. John Carters style works very well with my personality, so thats just a heads up. He thinks the same way I do (for the most part) so I'm pretty lucky finding a book like that.

MrPaul · July 16, 2007

hi guys, please recommend me some books on future trading, thanks

What kind of futures Jim?

jim bin · July 16, 2007

thank you james and Mrpaul, i know very little about future so i can't say what kind, maybe index is what i meant, myself just started reading some trading books, and thinking day trading might be something i want to do, i saw people talking about emini future ..... i guess i should ask this at beginners forum......i saw people talking about emini a lot but just can't find a book titled with "emini", sorry for my ignorance, so i want to take time to get more education.

jim bin · July 16, 2007

rating-1:( ok ok, i just shut up and read

MrPaul · July 17, 2007

rating-1:( ok ok, i just shut up and read

Jim,

Nevermind those ratings, I'll agree and say that Mastering The Trade by John Carter is a great book. Also I would recommend Techniques Of Tape Reading by Vadym Graifer and Mastering Futures Trading by Bo Yoder.

:cool:

torero · July 17, 2007

I really like this one after the first reading. It's very complete, especially in basic technical analysis, such as Elliot Waves, Gann, and Patterns, among other traditional price pattern techniques. John Murphy-Technical Analysis of the Futures Markets: A Comprehensive Guide to Trading Methods and Applications

james_gsx · July 17, 2007

Wow, I didn't know he had a book on futures markets. I read his book The Visual Investor or something like that, great book for TA. I learned a lot, I'll have to check that one out.

The problem I find with most books is they aren't advanced enough. Most books I read just skim the surface, it's hard to find a book that really goes into it and teaches me something I haven't yet learned. Has anyone else experienced that?

jim bin · July 17, 2007

Jim,

Nevermind those ratings, I'll agree and say that Mastering The Trade by John Carter is a great book. Also I would recommend Techniques Of Tape Reading by Vadym Graifer and Mastering Futures Trading by Bo Yoder.

thanks MrPaul, i ordered 2 books from amazon ----Mastering the Trade

and Exchange Traded Funds and E-Mini Stock Index Futures

jim bin · July 17, 2007

The problem I find with most books is they aren't advanced enough. Most books I read just skim the surface, it's hard to find a book that really goes into it and teaches me something I haven't yet learned. Has anyone else experienced that?

for me i need a book can teach me evrything but not too advanced, like a for dummie book:D

MrPaul · July 17, 2007

for me i need a book can teach me evrything but not too advanced, like a for dummie book:D

When I find that book i'll let you know haha! It's usually a case like any other profession of reading many texts, and transforming that knowledge into a framework to begin the real process of learning which is rote experience or "screen time".

TinGull · July 17, 2007

I think an author named Chris Roberts wrote that kind of book....oh, nevermind, he didnt.

torero · July 17, 2007

Wow, I didn't know he had a book on futures markets. I read his book The Visual Investor or something like that, great book for TA. I learned a lot, I'll have to check that one out.

The problem I find with most books is they aren't advanced enough. Most books I read just skim the surface, it's hard to find a book that really goes into it and teaches me something I haven't yet learned. Has anyone else experienced that?

There's two ways to look at this 1) the books are somewhat repetitive in content 2) you've read the book but you really haven't reread it to understand the subtleties of what the author really wanted to say that is different from other authors.

I'll give you an example, one of my bibles is the Technical Analysis Of Stock Trends . It's a thick book and lots of content but each paragraph has tons of jewels that it takes many rereadings to really get a deeper message to really click in. After finding this out, I went back and reread other books and found the true significance in other great books. It's not about reading as many books as possible, it's about rereading them to get it all together.

MrPaul · July 17, 2007

I think an author named Chris Roberts wrote that kind of book....oh, nevermind, he didnt.

Nah he is the guy who made so much money he went insane and now lives in a cave somewhere in Tibet.

jim bin · July 17, 2007

It's not about reading as many books as possible, it's about rereading them to get it all together.

:thumbs up:

but newbie like me still has to flip many books to get a whole basic idea about the game, so when i sit at front of the screen i know what to look at

jim bin · July 18, 2007

When I find that book i'll let you know haha! It's usually a case like any other profession of reading many texts, and transforming that knowledge into a framework to begin the real process of learning which is rote experience or "screen time".

i had too much "screen time" but nothing to do with trading though i never thought i would trade, when i bought rrsp the banker asked me

how much risk can i take, i said zero risk, it is not i don't want to take risk, just thats the thing i don't know. so i am now start learning, i will look into more advanced stuff as i get more experience.

torero · July 18, 2007

:thumbs up:

but newbie like me still has to flip many books to get a whole basic idea about the game, so when i sit at front of the screen i know what to look at

When you get scattered ideas from different authors and concepts, this is where the confusion and frustration will begin. Moving from one trading strategy to the next is a common mistake in trading, never finding a holy grail. It's ok to read as many as possible but pick one and stick with it before trying out other methods from others book. I did this is the hard way and finally settled on one that changed my trading.

Nick1984 · July 19, 2007

I personally reckon that before you get started reading about techincal stuff you should sit down and read the basics of growing wealth through investment. Money management etc...

Hope you guys don't laugh but I personally think that Robert Kiyosaki's book "Rich Dad, Poor Dad" should be a good starting point to help train you brain to think along the lines of using your buying power to help create more wealth.

Soultrader · July 19, 2007

I personally reckon that before you get started reading about techincal stuff you should sit down and read the basics of growing wealth through investment. Money management etc...

Hope you guys don't laugh but I personally think that Robert Kiyosaki's book "Rich Dad, Poor Dad" should be a good starting point to help train you brain to think along the lines of using your buying power to help create more wealth.

Are you kidding? I freakin loved that book Also liked Anthony Robbins and Napolean Hill collections.

jim bin · July 20, 2007

got jea yu's book from library yesterday,so start from reading level 2 quotes right?

Knyyt · July 21, 2007

http://www.amazon.com/Trading-Dummies-Michael-Griffis/dp/0764556894

http://www.wiley.com/WileyCDA/WileyTitle/productCd-0470171499.html

(For some humor)

jim bin · July 25, 2007

"Getting Started in Online Day Trading" is the first book for total beginner, cover a little of everything then tell you where you can get more imformation... i think we need those websites address in the book posted here:)

stanlyd · July 27, 2007

not totally about futures trading but I am reading "Trend Following" by Michael Covel. It's not a technical but for folks who already understand the market this is great book to read to get your history lessons to learn what could reside during the long road ahead. Lots about Dunn and Turtle traders.