|
06-25-2007, 03:16 AM | #1 |
Senior Member
Join Date: Jan 2006
Location: Clinton Township, MI
Posts: 3,126
|
byu71 or fmcoug
What books would you suggest reading about in regards to futures and options trading. I would like to learn more about how those markets work and the techniques that people use
__________________
Its all about the suit |
06-25-2007, 02:01 PM | #2 |
Senior Member
Join Date: Jan 2006
Posts: 5,084
|
I wish I could help, I really don't know of any
I would make one bet though. After you have read the best books on the subject, 2 years later you will have lost your shirt following their advice.
|
06-25-2007, 02:24 PM | #3 |
Senior Member
Join Date: Jan 2006
Location: Between Iraq and a hard place
Posts: 7,569
|
IMO, Joe Blow has no business messing with derivatives trading and even if they have a professional handling their finances, they should limit his use of them.
|
06-25-2007, 04:20 PM | #4 |
Senior Member
Join Date: Jan 2006
Location: Kaysville, UT
Posts: 3,151
|
"McMillan on Options" by Lawrence G. McMillan is a pretty good primer.
I have also found the Options Industry Council site to have some pretty good stuff. There are tons of "Get Rich Quick" hucksters out there but this seems to be pretty good infor without a lot of hype. http://www.888options.com/default.jsp As others have said, tread VERY carefully. I do some options trading, but it's fairly conservative and I have spent a lot of time educating myself. |
06-26-2007, 11:36 AM | #5 | |
Senior Member
Join Date: Jan 2006
Location: Clinton Township, MI
Posts: 3,126
|
Quote:
__________________
Its all about the suit |
|
06-26-2007, 11:32 AM | #6 |
Senior Member
Join Date: Jan 2006
Location: Clinton Township, MI
Posts: 3,126
|
I guess a simpleton like myself could never understand how the market works. Its best I leave it to the big kids like yourself
__________________
Its all about the suit |
06-26-2007, 11:49 AM | #7 |
Senior Member
Join Date: Jan 2006
Location: Between Iraq and a hard place
Posts: 7,569
|
Umm.... I don't do any derivatives trading, but I'm familiar enough with them and various case studies about them to know they are not a good choice on the risk/reward scale for the VAST MAJORITY of individual investors.
|
06-26-2007, 01:24 PM | #8 | |
Senior Member
Join Date: Jan 2006
Posts: 5,084
|
I wasn't saying you couldn't get rich
Quote:
If you had figured out a way to predict where a housing boom was going to occur every 6 months, would you write a book so everyone could figure it out? Last edited by BYU71; 06-26-2007 at 01:38 PM. |
|
06-26-2007, 01:47 PM | #9 |
Senior Member
Join Date: Jan 2006
Location: Between Iraq and a hard place
Posts: 7,569
|
Did Colonel Sanders hand out 3x5 cards with his secret blend of herbs and spices? I don't think so.
|
06-26-2007, 01:47 PM | #10 | |
Senior Member
Join Date: Jan 2006
Location: Clinton Township, MI
Posts: 3,126
|
Quote:
__________________
Its all about the suit |
|
Bookmarks |
Thread Tools | |
Display Modes | |
|
|