Sunday, May 4, 2008
How To Trade the New Single Stock Futures by Jake Bernstein
Product Description
A comprehensive introduction to the newest trading phenomenon in the United States.
Single stock futures (SSFs)-the trading of futures on individual stocks-is a new investment instrument in the United States. This union of stock and futures trading promises many new opportunities for investors; however, along with opportunity comes risk, which can only be resolved through experience and education.
For the first time ever, a leading stock and futures trading expert explains the ins and outs of SSFs, and tells stock and futures trading professionals as well as sophisticated individual investors how to move forward in the new world of trading futures on single stocks. Jake Bernstein offers an overview of the vital educational, procedural, and financial management issues regarding SSFs, including:
• The essential aspects of futures and stock trading that apply to SSFs
• Specific trading strategies, systems, and methods
• What works-and what doesn't
• How to assess risks and rewards
Because SSFs don't fit easily into either securities or futures categories, they are regulated by both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). These agencies soon will require continuing professional education on SSFs, for which this book can be a valuable tool.
Product Details
Amazon Sales Rank: #339977 in Books
Published on: 2003-01-01
Released on: 2002-12-17
Number of items: 1
Binding: Hardcover
216 pages
Editorial Reviews
Book Info
A comprehensive introduction to the newest trading phenomenon in the United States. A leading stock and futures trading expert explains the ins and outs of SSFs, and tells stock and futures trading professionals how to move forward in the new world of trading futures on single stocks.
From the Inside Flap
Single stock futures (SSFs)—the trading of futures on individual stocks—is a new investment instrument in the United States, one that promises many new opportunities for investors. However, along with opportunity comes risk, and it is reasonable to ask whether investors and traders are ready to make effective use of SSFs:
· Do investors understand the SSF market?
· Do investors and traders know how to trade futures?
· Do futures traders understand how to trade stocks?
· Are stock traders prepared for the volatility of futures?
· Are futures traders prepared for the fundamentals that often affect stocks?
· Are stock traders sufficiently educated and skilled in technical analysis?
For the first time ever, leading stock and futures trading expert Jake Bernstein explains the ins and outs of SSFs, and tells stock and futures trading professionals as well as sophisticated individual investors how to move forward in the new world of trading futures on single stocks.
Bernstein offers an overview of the vital educational, procedural, and financial management issues regarding SSFs, including:
§ The essential aspects of futures and stock trading that apply to SSFs
§ Specific trading strategies, systems, and methods what works—and what doesn't
§ How to assess risks and rewards
Because single stock futures don't fit easily into either securities or futures categories, they are regulated by both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). These agencies soon will require continuing professional education on SSFs, for which this book will be a valuable tool. Those investors and traders who are prepared with a basic and functional understanding of how the SSF market works will have a solid base for a profitable future.
About the Author
Jake Bernstein is a 30-year advisor, trader, and trainer of stock and futures traders. He heads two investment firms, conducts seminars throughout the world, and provides market information to many of the world's leading brokerage firms, trading firms, and financial institutions. A prolific author, he has written more than 35 books, currently publishes six newsletters on investing and the financial markets, and regularly contributes to national business magazines. Bernstein frequently appears on business radio and television programs nationwide.
Customer Reviews
Comprehensive? Hardly...
This book has been described as "A comprehensive introduction to trading single stock futures..." I have to disagree. The title implies that the book is a tutorial on how to trade. It would be better titled "An Overview of Basic Trading Concepts and an Introduction to the Concept of Single Stock Futures?"
I am new to trading and have been reading books for the past six months on the topic. While the author is a well-published industry expert who obviously knows his stuff, this book should have been a pamphlet. Of the 14 chapters 13 cover topics related to stock futures but not specifically about how to trade them. (technical analysis, charting, the importance of discipline, spreads, etc. are covered). If you've never read a book about trading you may get more out of it than I did. If on the other hand you are experienced I suggest you go to a bookstore and browse Chapter 14 to review three of the author's trading techniques.
For the newbie there are a few nuggets spread throughout the book but all in all I found the book lacking in any new substantive info, especially with regard to "how to trade" SSF's. Perhaps I am jaded a bit since I already understand general technical analysis and trading concepts. For what it's worth the book is a quick read. If you really want to learn about SSF's got to the CBOE web site or a site like Lind-Waldock to find out more.
Labels:
Business and Investing,
Introduction,
Investing,
Stocks

