Sunday, 5 April 2020

The Complete Guide to Spread Trading

I had been searching for books about spread trading since day one. Finally, I found this book. Unfortunately, this book was written many years ago. So, I am a bit skeptical to get it in the first place. Just wondering... how can I miss out this book after reading tons of trading books for the past 20 years? Perhaps... spread was not my favourite those days...

Ended up... to be frank... I am quite disappointed with this book. First of all, this book is quite dull. I would have no hesitation to term it as dry reading. Well, it is similar to a book where we hated so much during those days in university, haha. Perhaps, the spread trading itself is boring (relatively compares to outright trading). So, it might not be the problem with the author. Secondly, I would have anticipated series of technique or fundamentally stuff that can help in spread trading. Ended up, there is nothing new under the sun. The information in this book can easily obtained from google. Finally, I do not agree that this book can helps to "earn a consistent flow of positive returns with less risk", as claimed by the author. By using "info" provided in this book, at most readers understand the fundamentally and logic behind the spread stuff. Apart from that, nothing much can be gain from this book.

Rating wise, I am going to rate this book at 4/10. Well, this is a good book for reference purpose. However, it does not provide much needed "skill" for spread trading. Having said that, I think traders should have this book on the shelf. After all, every trader needs a reference book on spread trading. I wish I could find some other and better books on spread trading in the future. 

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