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Rating:  Summary: Too institutionalized. Review: Disappointed. Another review by a major brokerage employee trying to drum up business. I do not care about the history of the investing world or how the good old boys operate on the floors of the major exchanges. They are irrelevant to the little guy at home who wants to know HOW, not WHAT. Short on specifics, long on "Boy, do I know a lot that you will never know, but if you try really hard and have the perspicacity of a saint and minimize your losses and maximize your gains, you will maybe do ok". Give me a break! Save your money and time!
Rating:  Summary: 21st century futures trading at its best! Review: Everyone always touts direct access stock trading and how great it is for the retail investor, but Mr. Silverman is one of the first to address this issue for futures trading.Although I don't agree with everything Mr.Silverman has to say about floor traders, his experience definitely lends credence to the ideas in his book. I have been trading futures for the past 12 years, both as a broker and an investor. In that time I have written three books on futures trading. Mr. Silverman has done a great job of putting this book together. I definitely recommend this book to those who have listened to my seminars or purchased my books.
Rating:  Summary: "Your all purpose guide" ??? Review: I fell for the "Your all purpose guide to this versatile investment vehicle" and the title "A complete guide to trading electronically".
It was a good book about the different exchanges but seemed to be more a history lesson than trading guide. If you want to know basics about the exchanges then it may be a good book. If you are looking for a nuts and bolts direct access futures trading book then keep looking.
I did enjoy the book, it just wasn't what I thought it would be based on the reviews.
Rating:  Summary: direct access futures Review: I have bought a lot of books about futures trading and after reading them I usually feel like I have wasted my money. That's why this book was such a delightful surprise. In addition to providing useful and understandable information about electronic trading, the author, Mr. Silverman, can really write. It was really interesting to learn about life on the trading floor and how it compares to trading electronically. His anecdotes about his 20 year career in the futures markets really brought to life the pressures and rewards of being a professional trader. I especially appreciated his insight into e-mini trading. For the first time, I understood the shenaningans that the traders on the floor and on the screen pull to provide themselves with an edge over the retail trader. The great thing about electronic trading, as Silverman argues, is that it allows someone like me who cannot trade on the floor of an exchange to compete on a level playing field. By opening a window into the secretive world of the successful trader, Silverman shows that the differences between the professional and non-professional trader are relatively small when trading electronically. His advice has already helped me improve my p/l. As they say about the movies, if you buy only one book about futures this year it should be this one. I highly recommend it.
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