A Complete Guide to the Futures Markets : Fundamental Analysis, Technical Analysis, Trading, Spreads, and Options
Author: Jack D. Schwager
List Price: $115.00
Our Price: Click to see the latest and low price
ISBN: 0471893765
Publisher: John Wiley & Sons (June, 1984)
Sales Rank: 76,299
Average Customer Rating: 4 out of 5
Customer Reviews
Rating: 4 out of 5
Schwager is intense!
Mr.Schwager is intensely passionate about the markets. This comes through in his thorough analysis of the markets. He has no problem dissecting the fundamental and technical aspects of the market as easily as Michelangelo would paint the Sistine Chapel. His style is heavily influenced by statistics and high level mathematics. His entire voice is centered around the belief that the market can be predicted through analysis of the numbers. Unfortunately, for most people that is not the case. It also seems not to be the case for Mr.Schwager as well, since he admits in his book that he is not a good trader.That being said, his book is a great reference tool that gets the average trader to stretch himself mentally and look at the markets in a different way. This book ... can be invaluable for the trader that is simply looking for a new perspective besides simply "flags", "candlesticks", and "elliot waves".
Rating: 4 out of 5
Futures Textbook
Schwager's textbooks while not specifically about spreads are comprehensive and complete about futures. This book has a small section about trading commodity futures spreads.
Rating: 4 out of 5
A good reference for traders who like Math/Stat
This book could be renamed as "The Mathematics of Trading". The traget readers are traders who use lots of Mathematics and Statistics. The experience of Schwager helped me a lot. He said he was good in analysis but not trading. Many people, including me, thought Mathematics, Statistics and Economics were essential for good trading. So they went to college, studied hard, got a degree and hope they could make money in the market. This simply never happen! Otherwise everyone should got a PhD before trading. You still need to develop a method or system. But what is vital is to control your ego. Admit mistakes quickly. This was the most interesting and useful conclusion that I got from Schwager.
Similar Products
Reminiscences of a Stock Operator
The New Market Wizards : Conversations with America's Top Traders
Market Wizards : Interviews with Top Traders
The Futures Game: Who Wins, Who Loses, & Why
Futures: Fundamental Analysis
Book Index