Good books on trading stock index futures

I don't think there is one. How about writing it yourself and for yourself?

Put up a chart and observe. Take notes of what you see. Spend time with this and study. Expect this to takes years and thousands of hours of your life.
 
helpme_please said:
What are some good books on trading stock index futures? It will be nice if the book talks about short-selling using index futures as well. Thank you.
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To my knowledge there aren't any. If I were getting started I would pull up S&P, Dow, Nasdaq, Russel, Dax, Eurostoxx, T-Bonds then watch the price only 8 hours a day for a minimum of 1 year. Try and work out all the technical reasons why people enter where they do and use this to your advantage. It's a puzzle you have to work it out. Stay in the 10% winning group. If you are young and can move to a big city then join a trading firm and learn from others. Be patient it takes years to learn and also master your own psychology/traits. GL
 
Reading Price Charts Bar by Bar, by Al Brooks. It is very hard to read, but many people got value from it. Not my personal preference, just echoing sentiment I have seen around here and other forums.
 
helpme_please said:
Both will be of interest.
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People who tell you to watch the market for 8 hours a day have no clue what they're talking about. I would encourage you to go with systematic trading as I don't know any successful discretionary trader but know many systematic - yet I work in a hedge fund and know a lot of traders.

You will find 2 types of books: a) the academic ones that have lots of nice formula but are useless, it's more for intellectual curiosity; and b) the guru ones that tell you fancy stories, doesn't work either.

Try to read this one, it's a good in between that will give you valuable knowledge and you should be able to trade with a sharpe of 0.5 - 0.6 within 3 months

this book

You'll need to learn a programming language such as Python if you've never done it, but that you can learn online (coursera, khan academy, etc.)
 
wintergasp said:
People who tell you to watch the market for 8 hours a day have no clue what they're talking about. I would encourage you to go with systematic trading as I don't know any successful discretionary trader but know many systematic - yet I work in a hedge fund and know a lot of traders.

You will find 2 types of books: a) the academic ones that have lots of nice formula but are useless, it's more for intellectual curiosity; and b) the guru ones that tell you fancy stories, doesn't work either.

Try to read this one, it's a good in between that will give you valuable knowledge and you should be able to trade with a sharpe of 0.5 - 0.6 within 3 months

this book

You'll need to learn a programming language such as Python if you've never done it, but that you can learn online (coursera, khan academy, etc.)
More...

I agree there are not many successful discretionary traders around so perhaps it is a good idea for the OP to learn systematic trading. It will certainly be a long hard road if trying discretionary trading.
 
helpme_please said:
What are some good books on trading stock index futures? It will be nice if the book talks about short-selling using index futures as well. Thank you.
More...
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Since i figure you[Help MePlease] are interested in profitable trading; + not limited to just SIF. Borrow or buy all Jack Schwager top trading books. Sorry, watching or working markets 8 hours a day may not help much . Try rule of 72; work price data/charts=12 hours a day for 6 days/week= rule of 72 , for 7 years....... Can be easy some , can be hard; do not try to learn trading on SIF. WHY not?? Because you start where we all do- so why leverage ignorance??
Some say well i can't make money [much] in cash markets; Ok lose it with leverage , then; if you refuse cash markets

Good news is;market is NOT random@ all; i did much, much worse than random 1st year LOL:thumbsup::cool::D
 
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