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A Maniac Commodity Trader's Guide to Making a Fortune | [Kevin Kerr]

A Maniac Commodity Trader's Guide to Making a Fortune

Kerr dispels the common myths and misconceptions about these markets as he explains all the basics: how these markets function, how locals in the pit work, what those strange-looking acronyms mean, and which markets are thinly traded and tightly controlled, as well as delving into the all-important psychology of the market. So, whether you're a novice or an experienced trader, his down-to-earth, clear-cut guidance will make you more savvy, more confident, and more able to jump right in.
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Publisher's Summary

It's almost impossible to turn on the business channel or read the financial pages these days and not find a story about the next commodity that's breaking an all-time price record. Few investment vehicles offer such excitement, flexibility, and tremendous profit opportunities. From an outsider's perspective however, commodity markets can be intimidating or even scary. To most people, these fast-paced markets conjure up images of high-risk investing in an environment of absolute chaos. But, as expert commodities trader Kevin Kerr says, "where else can you sell something you don't own, buy it back half an hour later, and walk away with 100% profit?"

Now, Kerr dispels the common myths and misconceptions about these markets as he explains all the basics: how these markets function, how locals in the pit work, what those strange-looking acronyms mean, and which markets are thinly traded and tightly controlled, as well as delving into the all-important psychology of the market. So, whether you're a novice or an experienced trader, his down-to-earth, clear-cut guidance will make you more savvy, more confident, and more able to jump right in and grab those profit opportunities that are waiting for you.

©2007 Kevin Kerr; (P)2007 Gildan Media Corp

What Members Say

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3.3 (43 )
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  •  
    Donald Aberdeen , WA 98520 10-28-07
    Donald Aberdeen , WA 98520 10-28-07 Member Since 2005
    HELPFUL VOTES
    15
    ratings
    REVIEWS
    3
    2
    FOLLOWERS
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    Overall
    "#1 book for the beginner"

    Highly recommend this book. Invaluable coverage of the basics in commodity trading starts at the complete novice level, then expands into very useful knowledge and tools that validates trading methods seen in the world of stocks and options.

    14 of 15 people found this review helpful
  •  
    Ermilo Capitola, CA, USA 07-01-09
    Ermilo Capitola, CA, USA 07-01-09
    HELPFUL VOTES
    18
    ratings
    REVIEWS
    50
    4
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    FOLLOWING
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    Overall
    "Misleading"

    This book is slightly misleading. I thought I was going to learn about fundamental commodity investing. The book does cover commodities, but not enough for you actually invest. This book covers basics as stop losses, and what an option is or futures.

    I was hoping that the book would explain basic commodity fundamentals.

    This book explains basic stock market fundamentals and using commodity futures as an example.


    You might like this book, but I found Commodities for dummies a lot informative and useful.

    4 of 4 people found this review helpful
  •  
    Harsh PuneIndia 02-16-09
    Harsh PuneIndia 02-16-09
    HELPFUL VOTES
    1
    ratings
    REVIEWS
    4
    1
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    Overall
    "Overall a good pick for starters"

    It's a very good book for starters in the commodities markets. The author explains all the basics. There is some repeation of concepts though.

    1 of 3 people found this review helpful
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