Jeff Smith's Reviews
Great place for people new to trading to learn the basic in and outs of trading with general info all on one site so you don’t have to go look far for anything. Includes talking about watching out for scams and what to expect from brokers. I would start here to learn the bare minimum before looking for more advanced info, which is why I can only recommend this site lightly.
The author states that he wrote the book for those who are new to options or who have not been successful trading them. Within that context, the book is a pretty good primer and would recommend it.
While the book has some good insights, it is limited in scope and depth, leaving one wanting more information than provided.
I’ve been doing business now for approximately 1 1/2 years (after a recommendation from a long time friend who uses them) and I have to tell you, I am duly impressed by the whole organization. From the minute I walk in the door (or if I call) everyone is very eager to please and assist. I usually do wire transfers, and occasionally ask pertinent questions about trading, and they are always patient with me being the not so savvy trader. Today was no different. I not only went in to process a wire transfer, but also to set up checking and a transfer of my previous employer 401k rollover transfer to Scottrade so as to avoid fees and also better manage my retirement portfolio, since I already grew my established ST portfolio by 40% and my Fidelity portfolio was performing “marginally”. They (the ST staff) was very patient and very helpful in the process and even offered me a “carrot” of free trades for the considerable sum I was transferring over to my ST account. I can’t speak highly enough of Scottrade and their staff. I highly recommend them if you are considering “getting your feet wet” in investing with this type of firm.
Listed in Options Books
While the book contains much detailed information about the history, regulatory environment and composition of the world’s index futures, it does not provide much practical information about the “ins & outs of trading” these contracts.