A Trader's First Book on Commodities: Everything You Need to Know about Futures and Options Trading Before Placing a Trade - Softcover

Garner, Carley

Softcover

ISBN 10: 1948018004 ISBN 13: 9781948018005

Publisher: Decarley Trading, LLC, 2017

Synopsis

In their quest for trading commodities profitably, beginning traders spend a substantial amount of time studying market theory, various types of market analysis, and paper-trading in the futures and options markets. Yet, almost all of them fail to take the necessary steps to ensure their trading environment is conducive for the profits they seek. A Trader’s First Book on Commodities aims to fill the void in trading literature that overlooks the importance in making the right decisions before ever placing a commodity trade such as fully understanding market mechanics and logistics, choosing a proper trading platform, understanding order types, being aware of market data fees and policies, how to quote and calculate profit or loss in each of the commodity markets, preparing for margin calls, and the only magic in trading–humility.
 
A Trader’s First Book on Commodities is guaranteed to shorten the learning curve for beginning traders while offering seasoned traders a new perspective on familiar topics. There is more to trading than computer-generated oscillators and trendlines; choosing the wrong trading platform, brokerage, or order type can do more harm to a trading account than choosing the wrong technical indicator.

About this title

From the Author

Trading commodities is a game of mental stability; without the proper understanding of the futures and options markets and the ability to remain calm, it is difficult to make rational trading decisions.  The goal of this book is to enable traders to create a trading environment lacking peripheral distractions or stress which, in turn, mitigates emotions and improves the odds of trading success. In short, the third edition of A Trader's First Book on Commodities is everything you need to know and do before you ever place a trade.

From the Back Cover

"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, Mr.TopStep.com 
"I own and operate one of the longest-running independent brokerage firms in the industry. Take it from me, there is a lot more to futures trading than studying charts and reading the news; this book delivers what most commodity books are missing. Carley goes a long way toward shortening the learning curve for anybody that is serious at getting involved in the futures and options markets. A Trader's First book on Commodities is a must-have for newbies or experienced traders looking for a fresh perspective."--Matt Zaner, Zaner Group LLC
"Carley does a masterful job connecting the rich history of commodity trading with the modern day trading markets. It's not easy trading any market, but this book gives any trader a chance to advance their knowledge. While times have changed, the art of trading commodities has not; this piece is a must-have for a trader getting started."--Bob Lang, Founder, ExplosiveOptions.net and Contributor at TheStreet.com

Edition details

• Publisher: Decarley Trading, LLC
• Publication date: 2017
• ISBN 10: 1948018004
• ISBN 13: 9781948018005
• Binding: Paperback
• Language: English
• Edition number: 3
• Number of pages: 246