Futures 101 : An Introduction to Commodity Trading (2000 Edition) - Softcover

Richard E. Waldron

Softcover

ISBN 10: 0965659305 ISBN 13: 9780965659307

Publisher: Squantum Pub Co, 2003

Synopsis

Gives a basic overview of commodities trading, explaining why futures contracts exist, the difference between market price and contract price, and how contracts are prices, as well as defining terms such as longs, shorts, ticks, and limits

About this title

From the Author

I am pleasantly surprised and gratified by the interest and sales of FUTURES 101. Too many people lose money when trading and the main reason may be ignorance of how the system works. And the dangers involved. I am not associated with any brokerage or anyone in the futures business other than as a client, and when I first traded commodities some years ago I could not find a beginners book that explained things comfortably to me. The very few available were too technical or too abrupt and left me confused or unsatisfied. Later after some years of trading with mixed results I remembered the difficulties encountered in the beginning and since I had learned a fair amount about trading by trial and error, I decided to write a short explanation booklet to benefit others. I also wanted to write it in a style that would not put the reader asleep. The more I wrote the more I found needed to be covered and the result was a full book that has found an international sales niche, much of it through referrals. In summary, it was fun to write and I hope it benefits those looking to understand futures trading.

Dick Waldron

Review

"An excellent book for investors and non-investors alike." -- West Coast Review of Books

"Covers all the basics with wit and without excess jargon. The author neither encourages nor discourages trading in futures and doesn't have a 'system' to sell.

There is also an unbiased and excellent analysis of Hillary Clinton's success in trading commodities many years ago." -- Reader Comment

"Describes with simple detail in a language easy to understand the secrets of commodity investments and how they work." -- Rapport Magazine

"Especially recommended for potential commodity trading investors, students, and the non-specialist general reader with an interest in U.S. and global economic markets." -- Midwest Book Review

FUTURES 101 was named recipient of a 1998 Book of the Year Award by the North American Bookdealers Exchange. -- National book award

V.I.P Review: "FUTURES 101 is the most understandable book for explaining the basics about commodities that I've ever read." -- Welles Wilder

V.I.P. Review: "This is the most understandable book explaining the basics about futures I have ever read." -- Welles Wilder

Edition details

• Publisher: Squantum Pub Co
• Publication date: 2003
• Language: English
• ISBN 10: 0965659305
• ISBN 13: 9780965659307
• Binding: Paperback
• Number of pages: 301