A Trader's First Book on Commodities: An Introduction
A Trader’s First Book on Commodities is a complete how-to guide for new commodities traders who want to make large profits. It contains specific guidance on accessing commodity markets cost-effectively, avoiding common beginners' mistakes, and improving the odds of successful, profitable trades. It 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. This book concludes in a refreshingly new look at topics such as trading plans, handling margin calls, and even maintaining emotional stability as a trader. Know the players, know the language, know the techniques.
“This 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 trader’s library.”
— Phil Flynn, Vice President and Senior Market analyst at PFGBest Research, and a Fox Business Network contributor
“Refreshing–It’s 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.”
— Don Bright, Director, Bright Trading, LLC
“This book has the perfect name, the perfect message, and the necessary information for any beginning trader. Take this book home!”
— Glen Larson, President, Genesis Financial Technologies, Inc.
“As a 35-year veteran of the CME/CBOT trading floor, I can tell you…those who think they can begin trading commodities without knowing the less talked about topics that Carley discusses in A Trader’s First Book on commodities are sadly mistaken. Anyone who trades their own account, or would like to, should read this Book.”
— Danny Riley, DT Trading