Short-Term Trading in Futures
by Dr. Alexander Elder
Author: Jacob Bernstein
Publisher: Probus Publishing, 118 North Clinton St., Chicago, IL 60606
In recent years the public has become greatly interested in day trading. The ranks of traders swell as
real-time data become less expensive. You can get a complete day trading system—computer, satellite
dish, software—for less than the cost of a small car. With real-time data streaming from a satellite into
your computer, you can day trade from a remote mountaintop or an oceanfront home. Many traders
dream of independence, of making money out of thin air.
The number of successful day traders is small. The professionals tend to keep to themselves, and few are
willing to teach their methods. There are not enough books or other learning materials for aspiring day
traders. Some opportunists view this "information gap" as an opening for selling repackaged old methods
as day trading tools.
My first impression of Short-Term Trading in Futures is its overabundance of white space. This
320-page volume has 43 totally blank pages and only 92 pages of text, each only a half-page wide. There
are 183 charts, 116 of which are plain, unmarked screen dumps.