3 Review(s)

Trading commodities requires traders to have significant knowledge before they begin trading. While most books focus on the history of commodities, basic technical analysis, elementary option education and hedging, this book will educate readers on gaining access to the markets and avoiding common pitfalls in doing so. Candid and practical, Garner covers market analysis and strategy, but is primarily focused on other neglected, crucial issues that are likely to determine whether you generate profits or losses. Drawing on her extensive experience teaching traders at all levels of experience, Garner helps you understand 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. She demystifies the industry's colorful language, helps new commodity traders clearly understand what they're buying and selling, and explains the entire trading process - thereby closing the gap between broker and trader, and helping traders eliminate costly mistakes and misunderstandings. The book concludes with a refreshingly new and different look at traditional topics such as trading plans, coping with margin calls, and maintaining emotional stability as a trader. If, like thousands of investors, you're interested in moving into commodities, this is simply the best book to get you started. Salient Features Includes critical basic information ignored in other books that helps new traders get properly prepared before they actually begin trading. All the "behind the scenes" knowledge commodity traders need up front: from choosing brokers and data sources to managing margin calls Explains the entire trading process, demystifies the unique language of commodities traders, and shows how to avoid costly mistakes and misunderstandings Also covers market analysis and strategy for when you begin the actual trading process