Profit in the Futures Markets!: Insights and Strategies ... (ISBN 1576601188)

Good for a new trader, useless for a veteran...:
I purchased this book because, as a vetern trader, I know that occasionally Jake Bernstein has some insightful new ideas about methods for trading futures. However, I found this book somewhat disappointing. While a new trader may find much of the book interesting and useful, a veteran trader will find little of much value. Most of the book is concerned with order placement, basic trader psychology, etc. If you need a general primer for the futures markets, this book may do you some good. If, however, you are a veteran and well-versed in the mechanics of trading, avoid this one.

Highly Recommended!:
Author Jake Bernstein puts an exclamation point in his title but fills his pages with abundant cautions, caveats and confessions. This is a voice deepened by an endearing hubris, a Dutch uncle lecturing his aspiring nephews on the dangers of speculation in futures, knowing the dumb ones should be appropriately daunted and the smart ones will hear his wily insinuations that this can actually be a very good thing, if they get it. If you are a successful securities investor thinking about speculating, this will make you keep your eggs in several baskets, even though the author shares hundreds of tips. If you wonder about the significance of puts and calls, hedges and options, this is a useful, precise and unambiguous lesson. Futures trading is not an investment; it is high risk speculation. Each trading strategy requires substantial time and money, and even the best fail half the time. We from getAbstract recommend this book to investors who need a Dutch uncle to quell their urge to risk their kids' college funds - first, listen to good old Uncle Jake.

Profit in the Futures Markets:
This comprehensive and well written work is one of the best new contributions to trading for years. You can actually learn real, objective and valuable lessons (from this book), which is quite a rare find. Destined to become one of the basic tools in every trader and market student's library. Not just another re-write of someone else's earlier work, like most books on commodities.