Strategies for the Electronic Futures Trader [Import] [Unbound]

Jacob Bernstein (Author), Jake Bernstein (Author)

Product Details

• Unbound
• Publisher: McGraw-Hill (October 1999)
• ISBN-10: 0071371419
• ISBN-13: 978-0071371414
• Shipping Weight: 1.1 pounds
• Average Customer Review: 4.0 out of 5 stars  See all reviews (10 customer reviews)
• Amazon Best Sellers Rank: #10,702,453 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

7 of 7 people found the following review helpful:

1.0 out of 5 stars A Waste of Money - <1 Star, December 26, 2000

By 

JD Schaefer (San Rafael, Ca USA) - See all my reviews
(REAL NAME)   

This review is from: Strategies for the Electronic Futures Trader (Hardcover)

This book looks just like a compilation of the "author's" position trading books but with editing to put in the words "day trading" where "position trading" used to be. There's no other difference. The only potentially useful info to a newbie was about monitoring the first 30 minutes to try to determine the direction of the day. However, everyone has been doing that for years and most websites suggest it, without charging. Who doesn't know what an oscillator divergence is? That's not a system and while a valid indicator for some trading styles, is certainly not unique to day trading. Mr. Bernstein was reportedly run off tv with his infomercials that made claims the government stated he couldn't back up. Put his name in a search engine to see what others say about him. If you want to get your money's worth, read whatever Larry Williams' latest book is. He'll show you his brokerage records, Mr. Bernstein won't. 'Nuff said.

3 of 3 people found the following review helpful:

5.0 out of 5 stars Strategies for the Electronic Futures Trader, February 7, 2000

By 

Steve Pogwizd (Colorado) - See all my reviews

This review is from: Strategies for the Electronic Futures Trader (Hardcover)

After trading the commodity markets for 9 years it was once again an enlighting experience to both review solid discipline trading rules along with new and more importantly, proven trading strategies from Mr. Bernstein. He finds a way to combine the information in his books to be valuable to both a novice or a veteran trader.

2 of 2 people found the following review helpful:

1.0 out of 5 stars ..., May 27, 2003

By A Customer

This review is from: Strategies for the Electronic Futures Trader (Hardcover)

This is my first exposure to a Jake Bernstein book and I've read many mixed things about him. Well, after reading most of this book .. I'm glad i now have my own opinions.

This book appears to be written for a total beginner futures trader lemming, just waiting to blow out their account. There is absolutely no substance in this book, nothing to be learned and filled with verbose junk about indicators, patterns and psychology -- typical in most books. Jake provides numerous so called "backtests" of various indicator settings with variable moving averages. Every single system has different settings - which is such an obvious sign of curve fitting. The only thing I saw of some value was the 3 period high and low moving averages to serve as channels of support and resistance .. which a trader may be able to modify into something usable, since Jake's version is taught improperly.

I checked this book out from the library and I still feel I got ripped off .. and it was free.