You can make large profits by trading commodities--but youall need significant practical knowledge of the associated risks and market characteristics before you start. A Traderas First Book on Commodities is a simple, practical and useful guide for new commodities traders. Author Carley Garner provides specific guidance on accessing commodity markets cost-effectively, avoiding common beginnersa mistakes, and improving the odds of successful, profitable trades. Drawing on her extensive experience teaching traders, Garner shows how to calculate profit, loss, and risk in commodities, and choose the best brokerage firm, service level, data sources, and market access for your needs. Sheall help you: Am Master the basics of trading commodities painlessly, avoiding beginners mistakes Am Get what you need, and prevent paying for what you donat need Am Know what youare buying, what it costs, the returns youare earning and the risk youare taking Am Predict price, manage risk, and make trades that reflect your analysis Garner demystifies the industryas colorful language, helps you clearly understand what youare buying and selling, and walks you through the entire trading process. She concludes with a refreshingly new look at topics such as trading plans, handling margin calls, and even maintaining emotional stability as a trader. aThis book provides the type of information every trader needs to know and the type of information too many traders had to learn the hard and expensive way. Carley offers practical need-to-know, real-world trading tips that are lacking in many books on futures. It will help not only the novice trader, but seasoned veterans as well. This book will serve as a must-have reference in every traderas library.a --Phil Flynn, Vice President and Senior Market analyst at PFGBest Research, and a Fox Business Network contributor aRefreshingaItas nice to see a broker who has actually been exposed to the professional side of trading and who bridges that chasm between exchange floor trading and customer service. Carley takes the time to explain verbiage, not just throw buzz words around. A good educational read in my opinion.a --Don Bright, Director, Bright Trading, LLC aThis book has the perfect name, the perfect message, and the necessary information for any beginning trader. Take this book home!a --Glen Larson, President, Genesis Financial Technologies, Inc. aAs a 35-year veteran of the CME/CBOT trading floor, I can tell youabthose who think they can begin trading commodities without knowing the less talked about topics that Carley discusses in A Traderas First Book on Commodities are sadly mistaken. Anyone who trades their own account, or would like to, should read this book.a --Danny Riley, DT Trading... 210 adjusting margins through trade and risk alteration, 174 aample market access, a 53 approval, manual versus auto ... office operations, 77-78 choosing, 65 customer service, 77-78 discount brokerage versus fullservice specialization, anbsp;...
|Title||:||A Trader's First Book on Commodities|
|Publisher||:||FT Press - 2010-01-07|