About this product: According to Jim Rogers, "commodities get no respect." Here are a few reasons why he thinks they should: they are easier to comprehend and study than stocks and behave more rationally since they are subject to the basic laws of supply and demand; they have outperformed many other investment options in recent years; it is foolish to ignore an entire sector of the marketplace; and a bull market is currently under way in commodities--a trend that Rogers expects to last for a least a decade longer. Further, Rogers believes that you cannot be a successful investor in stocks, bonds, or currencies without an understanding of commodities. Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market is designed to introduce the novice to the basics of investing in commodities as well as explain what they are and why they are important. In doing so, he shatters some myths about the relative risks of commodities, explains the relationship between the stock and commodities markets, and provides a succinct analysis and history of the global oil, gold, lead, sugar, and coffee markets.
Rogers also offers practical advice and information for beginners, including the best resources, how to read the commodities reports in the newspaper or on television, the various ways to open an account, information on index funds (such as Rogers' own index fund that he started in 1998), mechanisms, terminology, and other vital details people must know before investing. Clearly written and entertaining, Hot Commodities offers a solid introduction to investments that many people, including financial advisors, fail to give the proper respect. --Shawn Carkonen
About this product: Designed in the same style as its sister publication, the Stock Trader’s Almanac, this comprehensive guide features monthly strategies, patterns, trends, and trading techniques geared towards the major commodities and currencies. It also contains in-depth informational articles presenting various topics of interest to the active trader and investing public, as well as market highlights that cover key supply, demand, and seasonal tendencies on markets including crude oil, ethanol, and precious metals; critical agricultural products such as corn, wheat, and cattle; and foreign currencies like the British pound and the Euro.
"The Commodity Trader's Almanac is the best way I know to hit pay dirt while keeping your hands clean. It's a unique source of commodity trading history." —Sam Stovall, Chief Investment Strategist, Standard & Poor's Equity Research
"Nearly everyone realizes the impact commodities have on our lives, but very few really understand how seasonality affects pricing. The Commodity Trader's Almanac helps even a novice understand how commodity pricing works and offers great insight into investing and making money with oil, corn, and wheat. An invaluable tool." —Jon Najarian, cofounder, OptionMONSTER.com
"John Person's latest with the Hirsch Organization is a great tool for all the trader-junkies like me. Whether you're a struggling novice or a seasoned pro, the Commodity Trader's Almanac should be a required read. Pairs traders, basis geeks, and intra-day scalpers will all benefit from the knowledge collected here by John, Jeff Hirsch, and the Hirsch Organization—I did!" —Tom Sosnoff, founder and President, thinkorswim, Inc.
"The Commodity Trader's Almanac is the one source for traders that can both suggest opportunities and also keep them out of trouble. Any seasoned market veteran knows that events tend to occur again and again, maybe not exactly as they did before but close enough so that knowing about them in advance provides an edge. This book is that edge." —Michael Kahn, CMT, columnist, Barron's Online, and editor, Quick Takes Pro newsletter
"I'm delighted that the publishers of the Stock Trader's Almanac have applied their winning formula to the Commodity Trader's Almanac. I have always maintained that commodities deserve more attention as a separate asset class, and they finally appear to be getting it. Given the tremendous interest in commodity markets in recent years, this book couldn't be more timely. I highly recommend it." —John Murphy, author of Intermarket Analysis and The Visual Investor
About this product: Many people have become very rich in the commodity markets. It is one of a few investment areas where an individual with limited capital can make extraordinary profits in a relatively short period of time. Commodities are agreements to buy and sell virtually anything that is harvested except onions. (A 1958 federal law prohibits trading onions.) Such goods are raw or partly refined materials whose value mainly reflects the costs of finding or gathering them. They are traded for processing or incorporation into final goods. Examples are crude oil, cotton, rubber, grains, and metals and other minerals. Since it is impractical to transport these bulky, often perishable materials, what is actually traded are commodities futures contracts, or options, that are agreements to buy or sell at an agreed upon price on a specific date. Trading in futures and options is speculative in nature and there is a substantial risk of loss. These investments are not suitable for everyone, and only risk capital should be used. As with many other business segments, the Internet and technology have opened up this attractive marketplace to a new breed of individual investors and speculators working part-time. You and I can now stand on an even playing field with the largest banks, wealthiest individuals, and trading institutions from the comfort of home. Commodity trading can provide you with very high, secure rate of return, in some cases as high as 12%, 18%, 24%, or even 300% or more per year. If performed correctly, commodity trading will far outpace all other investments. The key is to know how to perform this process correctly. This all sounds great, but what is the catch? There really is none, except you must know what you are doing! This groundbreaking and exhaustively researched new book will provide everything you need to know to get you started generating high investment returns from start to finish. In this easy to read and comprehensive new book you will learn what commodity trading and futures are, how to set up your account online, how to choose software to use in trading, how to invest in commodities, evaluate their performance, and handle fees and taxes. This book explores numbers of investing strategies and tactics, charting techniques, and position trading. You will pick up the language of a trader so that you recognize terminology and know how to use leverage, call options, put options, advancing and declining issues, advancing and declining volume, the Commodity Channel Index (CCI), and commodity charts, among others. Like the pros who have been trading commodities for years, you will learn how to pinpoint entry, exits, and targets for your trades, and use insider secrets to help you double or even triple your investment all while avoiding the common traps and pitfalls. In addition, we took the extra effort and spent an unprecedented amount of time researching, interviewing, e-mailing, and communicating with hundreds of today s most successful commodity Investors. Aside from learning the basics of commodity and futures trading you will be privy to their secrets and proven successful ideas. Instruction is great, but advice from experts is even better, and the experts chronicled in this book are earning millions. If you are interested in learning essentially everything there is to know about commodity and futures investing in addition to hundreds of tactics, tricks, and tips on how to earn enormous profits in commodity trading while controlling your investments, then this book is for you.
About this product: Since 2002, commodities have outperformed every other asset class including stocks, mutual funds and real estate. If you’re itching to get in on the fun and profit, Commodities For Dummies is the resource you need to find out how to break into the commodities market and understand how to trade and prosper.
You’ll discover:
How commodities stack up against other investment vehicles
How to identify, manage, and overcome risk
The pros and cons of futures, equities, ETFs and mutual funds
Specific techniques for analyzing and trading in commodities
Powerful profits in energy—crude oil, natural gas, coal, nuclear, and alternatives
What you need to know about trading in metals—precious and not-so-precious
How to grow your portfolio with farm products
Featuring time-tested rules for investment success, this comprehensive, user-friendly guide helps you minimize risk, maximize profit, and find the shortest route to Easy Street.
More fortunes are made and lost more quickly in the commodity futures markets than anywhere else. It is a game of consequence where profits won by one player are lost by another. The stakes are high, but for those who know how to play well, the rewards can be immense. Trading Commodities and Financial Futures shows you how to play the game to win.
In this book, one of the world's most experienced traders introduces a new step-by-step methodology built on more than twenty-five years of success. George Kleinman begins with the basics—including a complete primer on how futures and options trading works, how traders' psychology impacts the markets, and how to avoid the pitfalls that trip up so many traders.
This edition offers updated coverage of electronic trading, the latest contracts, and state-of-the-art trading techniques you won't find in any competing book. Previous editions of Kleinman's Commodity Futures and Options became international best sellers. This one offers even more insight for winning the commodities game—and winning big.
Winning in a zero-sum game For every commodities winner, there's a loser: here's how to be the winner
The trend is your friend How to use techniques designed to generate profits in a trending market
The fundamentals: supply and demand in every key market Mastering the markets, from crude oil to soybeans, gold to coffee, foreign exchange to stock index futures
TMVTT: The most valuable technical tool A unique trading methodologyhow it works and how to use it
When to get in, when to get out How to recognize the beginning—and end—of major market moves
Twenty-five trading secrets of the pros A lifetime's experience, distilled into twenty-five crucial tips
George Kleinman is President of Commodity Resource Corp., a well-established futures and options advisory, brokerage, and trading firm headquartered in Lake Tahoe, Nevada. Kleinman has been trading for over twenty-five years on behalf of individuals and commercial commodity users. He entered the business in 1977 as a futures broker with the commodity division of Merrill Lynch, becoming a member of its "Golden Circle," its top ten commodity brokers worldwide. In 1983, he founded CRC, a firm that has been highlighted repeatedly in national publications for its trading performance.
Kleinman has been an exchange member for over twenty years, currently a member of the New York Mercantile Exchange (COMEX Division) and the Minneapolis Grain Exchange (former board member). He is a member of the National Futures Association, executive editor of Trends in Futures, and contributing editor to Trading Floor Pro.
Winning big in commodities and financial futures: The insider's guide for beginners and experienced traders alike
Profit from the new commodity bull market!
Outstanding quick-start guidance for new traders... proven techniques for every trader
What you need to know about trading psychology
Riding market trends: rules for when to get in and when to get out
Expert insight from one of the world's most experienced traders
About this product: The essential commodity reference for analysts, traders, and portfolio managers
Dubbed the "bible" by market analysts and traders since 1939, The CRB Commodity Yearbook provides indispensable information on over 100 domestic and international commodities, from aluminum to zinc. It includes seasonal patterns and historical data from the past 10 years, pricing and trading patterns on a monthly and annual basis, plus more than 1,000 charts, tables, and graphs covering crucial data on production/consumption, supply and demand patterns, and trading highlights. A companion CD-ROM is also included to provide readers with valuable commodity information in an easy-to-use electronic format.
About this product: The last few years have been a watershed for the commodities, cash and derivatives industry. New regulations and products have led to an explosion in the commodities markets, creating a new asset for investors that includes hedge funds as well as University endowments, and has resulted in a spectacular growth in spot and derivative trading.
This book covers hard and soft commodities (energy, agriculture and metals) and analyses:
Economic and geopolitical issues in commodities markets
Commodity price and volume risk
Stochastic modelling of commodity spot prices and forward curves
Real options valuation and hedging of physical assets in the energy industry
It is required reading for energy companies and utilities practitioners, commodity cash and derivatives traders in investment banks, the Agrifood business, Commodity Trading Advisors (CTAs) and Hedge Funds.
In Commodities and Commodity Derivatives, Hélyette Geman shows her powerful command of the subject by combining a rigorous development of its mathematical modelling with a compact institutional presentation of the arcane characteristics of commodities that makes the complex analysis of commodities derivative securities accessible to both the academic and practitioner who wants a deep foundation and a breadth of different market applications. It is destined to be a "must have" on the subject.” —Robert Merton, Professor, Harvard Business School
"A marvelously comprehensive book of interest to academics and practitioners alike, by one of the world's foremost experts in the field." —Oldrich Vasicek, founder, KMV
About this product: Understanding the past and being aware of the present are essential to successfully navigating the commodities markets. To make the most of your time in these markets -- whether you're trading or hedging -- you need the invaluable insights that can only be found in the Commodity Trader's Almanac.
Organized in an easy-to-access calendar format based on the bestselling Stock Trader's Almanac, the Commodity Trader's Almanac 2008:
Highlights important market-based data and informs you of different market tendencies.
Features monthly almanac pages based around three major groupingsmetals, petroleum, and agriculture.
Alerts you to both seasonal opportunities and dangers.
Provides monthly and daily reminders.
Furnishes a historical viewpoint by providing pertinent statistics on past market performance as well as the supply/demand trends that create them.
Filled with a wealth of information regarding futures and commodities -- from crude oil and coffee to gold and sugar -- the Commodity Trader's Almanac 2008 will help you locate potentially beneficial market opportunities throughout the course of the year.
Visit stocktradersalmanac.com for more information on this and other Almanac products.
About this product: W.D. Gann is considered to be the greatest trader of all time. This book reveals how to make profits on the commodities exchanges. It combines theory and practice, and through its straightforward, logical approach, Gann presents an excellent case for making money in commodities.
The book to which Mr. Gann claimed he gave the best years of his experience, How to Make Profits In Commodities is the favorite of among Gann-fan commodity traders and stock traders worldwide!
About this product: Filled with a comprehensive collection of information from experts in the commodity investment industry, this detailed guide shows readers how to successfully incorporate commodities into their portfolios. Created with both the professional and individual investor in mind, The Handbook of Commodity Investments covers a wide range of issues, including the risk and return of commodities, diversification benefits, risk management, macroeconomic determinants of commodity investments, and commodity trading advisors. Starting with the basics of commodity investments and moving to more complex topics, such as performance measurement, asset pricing, and value at risk, The Handbook of Commodity Investments is a reliable resource for anyone who needs to understand this dynamic market.
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