Confessions of A Futures Trader
A Guide to Trading Futures in AustraliaBook - 2001
This book takes readers behind the scenes of the futures industry in Australia, into the world of the private traders.
Confessions of a Futures Trader is both practical -- it deals only with those futures products that are actively traded in this country -- and anecdotal -- seasoned traders may find examples within which describe them well. It provides information to help traders work out exactly which futures products might be for them.
There are sections on the closely related options market in Australia and the major overseas products traders will encounter. The much underrated psychological aspect of futures trading is dealt with at length to help convince readers of the need to understand that trading is just as much a test of the personal psyche as it is an objective, analytical and potentially rewarding process.
The author's experience in the futures world has exposed him to a colourful array of characters, and some of these interesting individuals lend a more light-hearted feel to these Confessions , making the book a useful and sometimes humorous addition to a trader's arsenal.