How To Become a Real-Time Commodity Futures Trader - From Home : Living the Ultimate Entrepreneurial Dream (Paperback)

by Scott A Krieger (Author)

Editorial Reviews

Review
"At last, a truly practical trading guide and reference bible for every commodity broker, student, novice, professional or investor! From vendor and broker selection to intraday market timing; money management guidance to expert trading methods -- Krieger covers not only the valuable information that our customers frequently ask for, but also winning strategies that professionals should want to review. To have such a complete compilation at one's fingertips makes this an indispensable resource for any and all traders." -- Susan C. Green, Vice President, ED&F Man International

"I have read over 50 books and previewed tons of software. I'll have to say that this manual is the most concise information I have read up to this point. It's well put together and very easy to read. I recommend it to any beginning trader like myself. This guide brought together the knowledge of options and futures into a truly understandable methodology." --Peter Vlahakis; Shreveport, LA

"I ordered your manual which I've found to be most informative and masterfully written. It is a refreshing insight into how a person can become successful in this business using a sensible approach coupled with dedication...." --Alan Julius; Sisseton, SD

"I must say that this is the best book I have ever read on the subject of futures trading. It really tells you how to get started and how not to lose money. I particularly like the concept of day-trading because, as it says in the book, lower margins are required than for overnight trading which means your capital can stretch...." --Desmond Sutherland; Kingston, Jamaica

"I would first like to thank you for providing a wonderful source of encompassing information, especially for the new trader, which I am. The very up-to-date charts and examples are excellent. Also, the spirit of the book aligns with my own personality and goals, in that I've always been a knowledge seeker when first presented with something new, and my expectations are not the "retirement" trade, but rather consistent returns able to support my family." --Ken Gustafson; Coral Springs, FL

I am a senior research scientist and use signal processing and pattern recognition techniques...I am currently working in my spare time on an S&P 500 futures day-trading system; in the past I have worked on a trading system for OEX options. Your book is very informative and practically useful... I am reading it for the second time now. Do you mind if I call you sometimes after hours to ask your opinions?" --Lee Weng, Ph.D.; Bellevue, WA -- Reviews from Readers

"Just to let you know, the people I have been talking with that have read the book are very impressed and excited about what they have learned. I have been getting incredible feed-back, which is a huge compliment to you. It is always nice to know when you are affecting people in a positive way!" -- Mindy Schroeder, Bonneville Market Information

"...for the first time, I feel that someone has finally written a book that has provided me with information in a manner that I can understand, and act upon..." --Volkmar Hindrichs; Ancaster, CANADA

"A friend of mine and I are using your workbook as the starting point in adapting the work of researchers in genetic programming for use as heuristic, real-time trading systems. This system will use a realtime feed to generate buy/sell/reversal decisions on very short term cycles." --Mike MacLeod; Mountain View, CA

"Thanks for a software package that really does what it is supposed to and a book that puts it all together."--Beth Abbott; Phillips, Maine

"A friend told me of your book and the excellent guide it has been to him in setting up his system. Taking his lead, I will follow...." --Craig Meyer; Sanibel, FL

"Your book arrived Saturday...there is so much information, have to stop to allow it to soak in! Didn't realize how much I did not know about futures trading. Now I understand that my financial loss in the market was a stupid move on my part, and wish I had known about your book before I threw away (literally) my money...Your book may well be the turning point in my life...the price of your book is a 'Bargin'." --Bruce Love; Houston, TX

First of all, let me say that since I ordered your book two months ago, I have read it from cover to cover at least four times. It's now literally filled with highlighter and dog-eared pages, and has proven to be dollar for dollar the best investment I've made in years. You obviously have a keen grasp of your profession and your writing style communicates your expertise flawlessly. For years, I have been searching for a profitable business that I can run from home without resorting to mail order widgets, and thanks to your book I have finally found one that suits me...most of all, thanks for your book!" --David Veal; Coronado, CA

"Yours was the first book I read about futures trading, and it got me involved as an intraday trader working from home. Now, dozens of books later, I still feel your book is the most practical as it gets down to the real nitty-gritty of intraday trading." --John M, Ph.D., Astrophysics; Toronto, Canada -- Reviews from Readers

"Finally a book that offers new traders a realistic view of futures trading and what it takes to succeed." -- Murray A. Ruggiero Jr, Contributing Editor, Futures Magazine, Publisher, Inside Advantage

"Thinking of quitting your day job and staying home to become a full-time trader? How to Become a Real-Time Commodity Futures Trader from Home may be just what you need if you are looking for help...The book is a very comprehensive look at what a home-based trader must know...This is the most useful book I've seen for the new trader, or for someone already familiar with the markets who wants to pursue trading full-time at home. There is much in it also for the experienced trader who wants a fresh perspective... One of the best ways to build your reserve of real knowledge should be to get, read and re-read this book." -- Society of Market Technicians, Minerva newsletter: Book Review by Tom Domingues

Here is good news especially for beginning or prospective futures traders: a superb new book which offers a thorough overview of and substantial insight into the fascinating and potentially profitable world of futures trading. Interesting and easy to read, it is perhaps THE best book to provide a succinct education in the business of trading. Its effectiveness is born of excellence in using language, in its unambiguous descriptions, and in isolating only the most useful and effectual methods...A soup-to-nuts treatment of futures trading, the book omits no area of import: from how the markets are organized, through a choice of which futures to trade, to a detailed description of specific trading techniques. Most space is devoted to subjects related directly to decisions about trading. It is eminently practical...This book should be read and studied by every beginning trader. In fact, it would be beneficial for the great majority of seasoned traders as well, given that it covers advanced topics such as Keltner analysis (alone and with other indicators), trading synergy, Gann time, and multiple time-frame trading analysis, among others. -- Investor's Library: Review by Ed Dobson, President, Traders Press

Product Description
Written by an experienced private trader who trades his own account -- real-time from home -- this comprehensive 328 pg. guidebook clearly shows the advantages and highly-lucrative techniques of "off-the-floor" trading from home. It covers A to Z: from complete home computer setup and how the futures industry works to trader psychology, expert timing techniques and advanced trading strategies. Fully-illustrated and written for both beginning and experienced traders, this highly-acclaimed guidebook clearly and methodically progresses through all of the trading concepts and procedures. Stressing a prudent business approach with the application of proven money management, risk management, and trading confirmation techniques, it is specifically designed to show you that once you learn how to intelligently trade from home, you will truly need no other occupation for making money!

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Product Details

• Paperback: 328 pages
• Publisher: Futures Group; 1 edition (March 1997)
• Language: English
• ISBN-10: 0965035379
• ISBN-13: 978-0965035378
• Product Dimensions: 10.9 x 8.5 x 1 inches
• Shipping Weight: 2.2 pounds
• Average Customer Review: 3.0 out of 5 stars See all reviews (7 customer reviews)
• Amazon.com Sales Rank: #428,224 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

29 of 31 people found the following review helpful:

1.0 out of 5 stars Don't buy much better out there for much less $., June 20, 1999

By A Customer

This book only covers the very basic information needed. And all of the info he gives you in this book is free on the internet. He hypes excellent results from his system but that is another purchase, a very expensive software purchase. It boils down to this...you are paying him for an advertisment to buy more of his product.

24 of 25 people found the following review helpful:

2.0 out of 5 stars A glorified sales pitch!, January 26, 1999

By A Customer

This book is a glorified sales pitch for Mr. Kriegers analysis tools. It falls way short of being a how to guide. While his writing is good and the information is helpful, it stops at the most critical point...How To! The book should be priced at $19.95 based on the infomation provided and that they hope to make money on the other end as well. The information can be found elsewhere and you won't feel fleeced when your done.

14 of 16 people found the following review helpful:

5.0 out of 5 stars Outstanding! No real trader should be without this book., September 6, 1999

By A Customer

Krieger has managed to pack into this book (he calls it a "guidebook" and I see why) everything from incredibly accurate day trading reversal techniques (using heretofore unexamined uses of WD Gann's genius), to detailed analysis of the amazing Keltner Channel, in which the price bars predictably move day after week after month (a true leading indicator). And this is just a tiny portion of the very practical and profitable technical analysis techniques thoroughly discussed throughout the book. It also goes into the most fascinating discussion of the natural forces which underlie the markets and how you can use them. It also details excellent money management and risk management methods, and has the most comprehensive overview of the entire business I have read. And it really does show how to trade as a business and not a gamble, which is of critical importance to our consistent success as traders. An entire chapter details how to best deal with news and government reports. The list goes on and on. It is, in a word, Practical. Although I think you have to be an actual trader to really appreciate just how good and useful this book is, it does start from a beginner's perspective. This book gets my highest recommendation. A brilliant work!