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Rating: 
Summary: Learn what your true competition is thinking...Pit Traders
Review: The authors of this book are or have been active traders in the commodity and option pits. These guys lay it all bare and show you how hard it is to be a pit trader and the reality of the pit trading life. After being involved with futures trading for the past 11 years as an off-the-floor trader I have often entertained ideas of going into the pit. This book opened my eyes. It showed me how much different the market is when you are up close to it. It showed me that I can no longer think of the markets as ridiculously chaotic, but instead hyper efficient.Any off-the-floor trader needs to read this book in order to gain insight into how floor traders run your stops or how your orders get so much slippage. Phenomenal book at only 140 pages. ...
Rating:
Summary: GOOD FOR PIT TRADERS & OFF-THE-FLOOR TRADERS TOO
Review: This book carefully explains the mechanics of fllor traders operation. There is a separate section that explains the 21 traits of a successful floor trader as well as another section that identify 10 rules of trading. It gives the off-the-floor trader like myself an opportunity to find out how orders are filled by brokers trading different contract months and standing at different locations within the pit. It helps to understand when and where you are likely to encounter a greater or leser amount of slippage on your market orders. The authors recommends specialization and examine what one may call 'pit politics' that the new floor trader faces when he joins the established group of seasoned floor traders.
Rating:
Summary: GOOD FOR PIT TRADERS & OFF-THE-FLOOR TRADERS TOO
Review: This book carefully explains the mechanics of fllor traders operation. There is a separate section that explains the 21 traits of a successful floor trader as well as another section that identify 10 rules of trading. It gives the off-the-floor trader like myself an opportunity to find out how orders are filled by brokers trading different contract months and standing at different locations within the pit. It helps to understand when and where you are likely to encounter a greater or leser amount of slippage on your market orders. The authors recommends specialization and examine what one may call 'pit politics' that the new floor trader faces when he joins the established group of seasoned floor traders.
Rating: 
Summary: Pit Trading for Dummies
Review: Written for and intended for aspiring pit traders. There is one section with 21 traits of successful vs. unsuccessful traders that is worth taking notes on and seeing how you apply to them. Otherwise, there is very little about trading methods. I suppose this is logical, as pit traders have their own obvious edge - buying the bid, selling the ask. It's hardly a secret.
For any off the floor trader though, not worth buying.
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