Guide to trading in the commodity markets - to be taken with a grain of salt

books:


	• A Maniac Commodity Trader's Guide To Making A Fortune: A Not-So-Crazy Roadmap to Riches Kevin Kerr, Agora Wiley, 2007 - 233 pages average customer review:based on 15 reviews view larger image
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Introduction 101

This is an excellent book to begin with if you are thinking of dipping your toes into the commodities arena. The broad range of topics discussed will open the beginner's eyes to commodities trading.

However, I will recommend Jim Roger's 'Hot Commodities' for a more in-depth discussion on fundamentals and Jack Schwager's 'Market Wizard' series on trading psychology. Good luck!

Nothing new for experienced traders

I have read about fifty books on investing and this one is weak on substance. I am sure Kevin is a good trader and I read his articles online, but this foray into book writing is weak. I would only recommend it for the true novice.

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Guide to trading in the commodity markets - to be taken with a grain of salt

If you are looking for a strong point of view that boosts the optimists' side of commodities trading, this is it. But Kevin Kerr's assurance that you can make money by trading commodities does not take into account the real risks involved, and could mislead potential traders. The truth is that the odds are stacked strongly against any investor, particularly in the now nearly-extinct open-outcry pit trading that Kerr discusses at length. However, his rundown of the basic facts about the commodities markets will give you a start in learning about this arcane investment science. We suggest that it may fit in as one among many texts you might want to study before jumping into the pit.

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reviews: page 1, 2, 3

Praise for A MANIAC COMMODITY TRADER'S GUIDE TO MAKING A FORTUNE

"Kevin Kerr has the keenest instincts of any commodities trader I've ever met. His recommendations are money in the bank. This book is your passport to the exciting, frantic, frustrating, and potentially enormously rewarding world of futures trading. Do you want to make money in futures and options? Read this book and let a master show you not only how to trade, but how to trade to win."

--Sean Brodrick, Editor, MoneyandMarkets.com

"Any old trader can throw money into the commodity pits, although why do you think that they call them 'pits'? With Kevin Kerr as your guide to understanding the commodities markets, it is as if you have Babe Ruth as your batting coach. Kevin has that uncanny knack for doing things right, and the magic eye that can see the stitches on the fastball. Kevin's brilliant new book will help you to develop the ability to choose your pitch, and to swing at the ones on which you can make money. Before you play another inning of the commodities game, Read This Book!"

--Byron W. King, Contributing Editor, Whiskey and Gunpowder, www.whiskeyandgunpowder.com

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