The New Commodity Trading Guide: Breakthrough Strategies for Capturing Market Profits
The New Commodity Trading Guide: Breakthrough Strategies for Capturing Market Profits by George Kleinman
English | 2009-03-20 | ISBN: 0137145292 | PDF | 192 pages | 7.2 MB
English | 2009-03-20 | ISBN: 0137145292 | PDF | 192 pages | 7.2 MB
The book presents commodity trading in a new light because I believe the commodity markets perform differently today than any time before. During most of my career, which spans more than 30 years, futures trading was viewed as a casino.
Now many financial planners treat commodities as an asset class, and they allocate a portion of their portfolios to commodities alongside traditional stocks and bonds. Then consider the electronic factor that has dramatically changed the way the markets behave.
Add in increased demand from the emerging economies, the hedge funds and the index funds, and you’ve planted the seeds for change. Because the commodity markets act differently now, new techniques are required for trading success. Still, it’s important to remember that these four words—“it’s different this time”—have collectively resulted in more lost money for more traders than any others.
My nickname - interes