Kroll on Futures Trading Strategy

by Stanley Kroll

A legendary trader shares his market savvy with you in this insightful and engaging new book. It's like having dinner with a veteran trader and having him share his experience and knowledge with you.... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 1556230338
• ISBN13: 9781556230332
• Release Date: January 1988
• Publisher: McGraw-Hill Professional Publishing
• Length: 203 Pages
• Weight: 1.09 lbs.

Customer Reviews

entertaining read

"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.

The Best!

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. Sadly, this book is out-of-print, but luckily there are many copies available on the secondary market. I even own two copies--it's that good!

The best trading book so far.

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.