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

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

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

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

by Carley Garner

Paperback(3rd ed.)

$19.99 
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Overview

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.


Product Details

ISBN-13: 9781948018005
Publisher: Decarley Trading, LLC
Publication date: 10/31/2017
Edition description: 3rd ed.
Pages: 246
Sales rank: 430,514
Product dimensions: 8.50(w) x 11.00(h) x 0.52(d)

About the Author

Senior Commodity Market Strategist and Broker, STOCKS & COMMODITIES Magazine Columnist, TheStreet.com Contributor, and Author Carley Garner is an experienced futures and options broker with DeCarley Trading, a division of Zaner Financial Services, in Las Vegas, Nevada. Her commodity market analysis is often referenced on Jim Cramer's Mad Money on CNBC and she is a regular guest on Bloomberg Television's Options Insight segment with Abigail Doolittle. Garner is a regular contributor to TheStreet.com and its Real Money Pro service and is also a regular on the speaking circuit and can be found at TradersEXPOs and MoneyShows throughout the country. Garner is also an award-winning commodity futures and options trading book author. In addition to Trading Commodity Options with Creativity, Garner has authored Higher Probability Commodity Trading; A Trader's First Book on Commodities (three editions); Currency Trading in the Forex and Futures Markets; and Commodity Options. Her e-newsletters, The DeCarley Perspective and The Financial Futures Report, have garnered a loyal following; she is also proactive in providing free trading education at www.DeCarleyTrading.com. Carley is a magna cum laude graduate of the University of Nevada Las Vegas, from which she earned dual bachelor's degrees in finance and accounting. Carley jumped into the options and futures industry with both feet in early 2004 and has become one of the most recognized names in the business. Carley authors a monthly column in Stocks & Commodities magazine and has been featured by several major media outlets. Visit Carley at www.DeCarleyTrading.com.

Table of Contents

Risk Disclosure

Acknowledgments

About the Author

Praise for A Trader’s First Book on Commodities by Carley Garner

Intro: To Know Where We Are Going, You Must Know Where We Have Been

Chapter 1: A Crash Course in Commodities

Chapter 2: Hedging Versus Speculating

Chapter 3: The Slow Death of Open Outcry and the Growth of Electronic Trading

Chapter 4: Account Access, Trading Platforms, and Exchange Data Fees

Chapter 5: Choosing a Brokerage Firm

Chapter 6: Finding a Broker that Fits and Choosing a Service Level

Chapter 7: Order Types and How to Use Them

Chapter 8: Making Cents of Commodity Quotes

Chapter 9: Figuring in Stock Index Futures

Chapter 10: Calculating Interest Rate Futures

Chapter 11: Counting Pennies with Currency Futures

Chapter 12: Coping with Margin Calls

Chapter 13: The Only Magic in Trading—Emotional Stability

Chapter 14: Trading Is a Business—Have a Plan

Chapter 15: Why you Should Speculate in Futures and Options

Chapter 16: Futures Slang and Terminology

Index

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