Value Investing in Commodity Futures - Hardcover

Masover, Hal

Hardcover

ISBN 10: 0471348813 ISBN 13: 9780471348818

Publisher: Wiley, 2001

Synopsis

The only complete guide to an increasingly popular approach to futures trading

This book outlines a highly successful alternative approach to trading commodity futures, specially tailored to today's low-priced commodities markets. Unlike technical analysis, which uses statistics to inform trading decisions, scale trading is a form of fundamental analysis in which a trader slowly buys prices as they reach bottom and sells them as they climb back up. Hal Masover describes scaling techniques that work in every commodity market, including metals, energies, utilities, and agriculture. And he supplies readers with a scale trading system that generates a complete rundown of how much money will be needed, when, and where.

• Satisfies the growing demand for guides to fundamental analysis-based futures trading

Hal Masover (Fairfield, IA) is cofounder of Crown Futures, a top trading firm with offices in Fairfield, Iowa, Boulder, Colorado, and Cleveland, Ohio. He has been successfully trading futures since 1985.

About this title

About the Author

HAL MASOVER is cofounder of Crown Futures, a top trading firm with offices in Fairfield, Iowa; Boulder, Colorado; and Cleveland, Ohio. He has been success-fully trading futures since 1987.

From the Back Cover

Buy Low, Sell High

This one-of-a-kind book outlines a highly successful alternative approach to trading commodity futures that is specifically tailored to today's low-priced commodities markets. Unlike technical analysis, which uses statistics to derive trading strategies, scale trading utilizes fundamental analysis to make a plan to slowly buy as prices reach bottom and sell as they climb back up. Here, top trader and author Hal Masover describes scaling techniques that work in every commodity market and supplies you with a scale trading system that generates a complete rundown of how much money will be needed, when, and where. Learn when to begin a scale-down buying program, how to choose a broker, and the facts and benefits of scale trading.
* Scaling works in every kind of commodity, including metals, energies, and agricultural commodities
* Scale trading is a fairly conservative methodology that uses big trader strategies but on a much smaller scale
* Value Investing in Commodity Futures includes a disk with the scale program-

...all you have to do is input the data and the program will show how much money is needed, when, and where

Take advantage of the only complete guide to an increasingly popular approach to futures trading. In these times of amazingly low commodity prices, the method presented in this comprehensive and invaluable book works best.

From the Inside Flap

Successful commodities trading requires knowledge, skill, a healthy dose of optimism-and a logical and effective trading approach. Scale trading offers just such an approach, and this realistic and informative book tells you why.

One of the simplest and most versatile methods of trading, scale trading involves buying a commodity at progressively lower prices until it ceases to decline, then selling it at progressively higher prices as it rises. One of the greatest benefits of scale trading is that it gives small individual traders the ability to emulate a trading method used by megatraders. Originally developed as an adaptation of a gambling system, this method ultimately offers individuals an accessible yet sophisticated tool that does not require familiarity with advanced mathematical calculations or complex indicators. What is required is the knowledge of how a market behaves.

Presenting an explanation of the sound principles upon which scale trading is based-and why it lends itself particularly well to commodities-top trader Hal Masover shares his wisdom and extensive experience to answer questions, such as when to begin a program of scale-down buying, and how much capital is required. Also included are numerous examples, illustrations, charts, and tables covering everything from the fundamentals of different markets to how to construct a scale, choose a broker, and more to get you profiting from this practical methodology for long-term trading success.

Edition details

• Publisher: Wiley
• Publication date: 2001
• ISBN 10: 0471348813
• ISBN 13: 9780471348818
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 224