Higher Probability Commodity Trading: A Comprehensive Guide to Commodity Market Analysis, Strategy Development, and Risk Management Techniques Aimed at Favorably Shifting the Odds of Success
M**O
My first commodities book
I loved to read this book! I think It is a great introduction to commodities market, and more than that, because it is really a book that gives you the tools for that market, and in that sense, i found it very useful. All markets are covered in a synthetic way with their specificites, seasonality pattern, intermarket relations, etc...However, I found the book a bit poor in position entry and exit. And I was a bit suspicious about not using stop losses, I agree that using stop loss orders can cause damage (especially in low liquidity markets), but, even if most of time I do not use stop losses on markets with low liquidity, I always have a point at which, if I asses that it's not going to recover soon, I exit the position. She recommends to use options which is quite original for day trading, I think as she is a professional trader she is used to holding the position for several time and hedge it.To summarize, this is a very good book, which I would complete with a more specialized book like gold market, oil, ...
P**8
Great Commodity Book! Must have
Great Book, Carly Garner is a great author and has real market knowledge. One of my most favourite books in the Library!
Q**N
Great read
I've had an account with DeCarley for about a year, and I enjoy the emails I get every week with her analysis and market updates. Hence, I bought the book. And I read it all in 2 days. I'm an experienced options trader, so even though a lot of things in the book are not new to me, I found it informative. Most trading books tend to be written in a dry, dull, academic style, but Carley has her unique, easy-going, conversational style and that makes this book very readable. I was nodding my head in agreement when I was reading the section on synthetic options (pages 235-241) because what she has written is what I actually do in my real trading.If you want to learn about commodities (and futures trading), it's a must read book.
G**R
Good overview
Explains clearly the pros and cons of commodities "trading" in futures and Options. Great for the complete beginner like me.
D**T
This is her best book I think.
I wish I had bought this sooner and read a bit of it because I would've likely not bought some other books in the same genre.
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