This book is an essential a textbook for college students. It provides all the basic materials about the futures market. But I feel it doesn't cover too much about the problems of real world trading. After trading for sometimes, I know that there are many tricks using by the professional traders. They are really important. They can give you edges over other traders. But they are seldom covered in college textbooks. So you still need to read other books or learn from other people before you put the money into this risky game.

This is clearly one of the best investment books written. The title belies the breadth of valuable market knowledge the book offers students of the markets.

If you are going to trades futures, read this book, make a few trades, then read this book again. It is a cold, hard look at the reality of trading. While just about every other book on futures trading assumes you are a gullible idiot, this one exposes the difficulty of the pursuit. Its depth and breadth are incomparable.