Kroll on Futures Trading Strategy
$13.54
Reading Kroll on Futures Trading Strategy can do a little something for all investors. It will not make you into an avid commodities trader overnight, but there is solid advice for each of us. For the novice, it brings a sense, stated in plain English, of how these markets operate and what investing “systems” can work well. For the expert, the book contains plenty of details for resharpening already good steel. For the investor in general, Stanley offers a sense of what makes good investors really goodconsistent hard effort on research and the discipline to put it to work participating in significant market trends. Everyone with money in any market can benefit from a healthy dose of Stanley’s advice.
Contents:
- What Is Trading Strategy and Why Is It Important?
- A Good Technical System Is Just Half What You Need
- KISS (Keep It Simple Stupid)
- Winners and Losers
- The Tools of the Trade
- When Fundamental and Technical Analysis Diverge
- Focus on the Long-Term Trends
- The Trend Is Your Friend
- Why Is the Speculator (Almost) Always Long
- The Three Most Important Speculative Attributes: DISCIPLINE, DISCIPLINE, and DISCIPLINE
- Market Action Invariably Discounts the News
- Everyone Has a System
- Trending/Anti-Trending-A Dual Market Approach
- Taking Advantage of Recurring Seasonal Tendencies
- Keep What Shows the Best Profit: Close Out the Biggest Loss
- The Man They Called J. L.
- The Market Is Neither Good Nor Bad
- You Must Control and Limit Your Losses
- The Thrill of Catching the Mega-Move
Kroll on Futures Trading Strategy By Stanley Kroll pdf
| Author(s) | |
|---|---|
| Format | |
| Pages | 211 |
| Publication Year | 1988 |
12 reviews for Kroll on Futures Trading Strategy
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Giovanni Molina (verified owner) –
Book is very good.
Amora Day (verified owner) –
This is one of the best book on trading. I’ve read it for three times and I can say that I will read it again.
Kroll talk about how the market discount news, how everyone has his own trading system, and also not forgeting the golden rule of cutting your losses short and letting your profit run.
In short, if you have time for only one book on trading, this will be the one.
Jennifer Booker (verified owner) –
“futures markets run on a potent mixture of adrenalin fear and smarts…where 10% take home 90% of the winnings…”
Kroll doesn’t mention that his role model often quoted, Jesse Livermore went bankrupt 3 times, and killed himself.
And every strategy that I’ve tried in this book has never worked (for me ). This book is cursed!!!
Entertaining read though.
Alexandria Truong (verified owner) –
This is, in my humble opinion, the best book ever written on futures “investing”. Although dated (1987) the lessons in the book ring true in the 21st century. Kroll touches many issues, but the gravamen of the book is from the standpoint of long-term trend following. Kroll appears more of a discretionary trader (as opposed to systems traders such as John Henry, Ed Seykota, and others covered in books such as Covel’s Trend Following) and although I cannot say that it will make you rich overnight, this book will help you lose less on the road to futures mastery.
Crosby Cline (verified owner) –
Few books approach this one for Futures trading strategy. You must adopt a strategy, and have the discipline to stick with it. This will ensure that you to avoid arbitrary, emotional trading practices.
One thing he stresses is the big picture. That means reviewing long term charts (5+ years) often. That gives you perspective.
He also emphasises that “news” is contrived and out of date. Journalists always look for reasons to explain price moves after the fact. The same “reasons” are trotted out time and again. They are mostly bogus.
Put your trust in the tape!
Lina Graham (verified owner) –
Good Product.
Ayan Leon (verified owner) –
it is good as what I expected.
Kailani Gould (verified owner) –
Great content
Dominik Reyes (verified owner) –
Great trader, well written, tells is straight. Older book, my 2nd read after 30+ years in the business and his data is still very pertinent.
Kayson Wang (verified owner) –
This is a great trend following book. Unlike some authors Mr Kroll is a fluid writer and easy to read. Lots of good content.
Blaine Person (verified owner) –
I read this book about 12 years ago. At that time, I was impressed by Kroll’s insight and discipline. I prefer to say that this is not a textbook. This is book that Kroll share his experience and skills to win in the financial market. It explained how to perceive long-tern trend instead of the technical skills for interday trading. It’s a ideal book for everyone who are looking for the skills to trade futures.
Audrey McLean (verified owner) –
I know the book was old, published more than 20 years ago. However, the trading advice that the author gave was still relevent, after all these years.
I am sure you probably heard this sentence, and I may not say it with the exact wording, it is something like ” in wall street, the more things changed, the more things remain the same”. This sentence is probably more than 100 years old.
We have all the fancy things coming out since the book published: the internet, the day trading, the new trading methodologies, etc. however, the real trading methodology along with advice for trading psychology that can stand all the test remain the same, and those are written in this book.
if you really serious about trading, buy this book and read it at least five times. You will get a lot from it. I can guarantee you that.