The Complete Guide to Investing in Commodity Trading and Futures: How to Earn High Rates of Returns Safely

Overview

Many people have become very rich in the commodity markets. It is one of a few investment areas where an individual with limited capital can make extraordinary profits in a relatively short period of time. Commodities are agreements to buy and sell virtually anything that is harvested except onions. (A 1958 federal law prohibits trading onions.)

Such goods are raw or partly refined materials whose value mainly reflects the costs of finding or gathering them. They are traded for ...

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Overview

Many people have become very rich in the commodity markets. It is one of a few investment areas where an individual with limited capital can make extraordinary profits in a relatively short period of time. Commodities are agreements to buy and sell virtually anything that is harvested except onions. (A 1958 federal law prohibits trading onions.)

Such goods are raw or partly refined materials whose value mainly reflects the costs of finding or gathering them. They are traded for processing or incorporation into final goods. Examples are crude oil, cotton, rubber, grains, and metals and other minerals. Since it is impractical to transport these bulky, often perishable materials, what is actually traded are commodities futures contracts, or options, that are agreements to buy or sell at an agreed upon price on a specific date. Trading in futures and options is speculative in nature and there is a substantial risk of loss. These investments are not suitable for everyone, and only risk capital should be used.

As with many other business segments, the Internet and technology have opened up this attractive marketplace to a new breed of individual investors and speculators working part-time. You and I can now stand on an even playing field with the largest banks, wealthiest individuals, and trading institutions from the comfort of home. Commodity trading can provide you with very high, secure rate of return, in some cases as high as 12%, 18%, 24%, or even 300% or more per year. If performed correctly, commodity trading will far outpace all other investments.

The key is to know how to perform this process correctly. This all sounds great, but what is the catch? There really is none, except you must know what you are doing! This book will provide everything you need to know to get you started generating high investment returns from start to finish. In this easy to read and comprehensive book you will learn what commodity trading and futures are, how to set up your account online, how to choose software to use in trading, how to invest in commodities, evaluate their performance, and handle fees and taxes. This book explores numbers of investing strategies and tactics, charting techniques, and position trading.

You will pick up the language of a trader so that you recognize terminology and know how to use leverage, call options, put options, advancing and declining issues, advancing and declining volume, the Commodity Channel Index (CCI), and commodity charts, among others. Like the pros who have been trading commodities for years, you will learn how to pinpoint entry, exits, and targets for your trades, and use insider secrets to help you double or even triple your investment all while avoiding the common traps and pitfalls.

Aside from learning the basics of commodity and futures trading you will be privy to their secrets and proven successful ideas. Instruction is great, but advice from experts is even better, and the experts chronicled in this book are earning millions. If you are interested in learning essentially everything there is to know about commodity and futures investing in addition to hundreds of tactics, tricks, and tips on how to earn enormous profits in commodity trading while controlling your investments, then this book is for you.

Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president’s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice.  Every book has resources, contact information, and web sites of the products or companies discussed.

This Atlantic Publishing eBook was professionally written, edited, fact checked, proofed and designed. The print version of this book is 288 pages and you receive exactly the same content. Over the years our books have won dozens of book awards for content, cover design and interior design including the prestigious Benjamin Franklin award for excellence in publishing. We are proud of the high quality of our books and hope you will enjoy this eBook version.

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Product Details

  • ISBN-13: 9781601380036
  • Publisher: Atlantic Publishing Group Inc.
  • Publication date: 5/18/2008
  • Pages: 288
  • Sales rank: 982,044
  • Product dimensions: 5.90 (w) x 8.90 (h) x 0.90 (d)

Table of Contents


Dedication     5
Introduction     9
Part 1     13
Commodity Basics     15
Understanding the Markets     45
The Whys of Commodity Trading     73
How to Get Into Commodity Trading     85
Fundamental Analysis     105
Technical Analysis     121
Pitfalls     161
Building Strengths     173
Part II     183
Agricultural Products     185
Metals     209
Oil and Gas     221
Meats     229
Currencies & Financial Instruments     235
A Final Word from the Experts     263
Moving Forward     273
Bibliography     283
Biography     285
Index     287
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Sort by: Showing all of 10 Customer Reviews
  • Posted September 19, 2009

    General introduction to commodity trading, but no "How to" book

    Frankly speaking I was disappointed by the book. On the plus side this book gives a nice introduction into commodity markets and its historical development. If you just want a better understanding about commodities and their markets in general, but don't intend to invest or trade at all, then it is a good book.

    The book is not specific about trading. The general theme is that you have to do thorough research and develop a sound understanding of the markets, but it does not explain how to do this. The title of the book is "How to earn high rates of returns safely", but this is not addressed at all.

    The book does not comment at all about the internet and how to use it for commodity trading. There is only one reference to the yahoo website, that's all. I think it would be necessary to give advice or at least some ideas about where to get information, which websites to follow, where to get information,... a starting point would be nice.

    The book has hardly any graphics or diagrams. It has a 40 pages chapter about technical trading, but no chart at all !? Actually the whole book does not contain a single chart.

    The book has hardly any specific examples. There is a chapter about fundamental analysis, which discusses the influences about wheather, inflation, politics,.. However, the lack of examples and case studies (and again no charts or diagrams) limits the usefulness.

    Actually I was wondering if my book was an accidental print of a draft instead of the final version. Sometimes the text refers to a graph or a reference, which does not exist. There a 2 interviews with traders, but these interviews are word for word exactly the same, except that the name in the headline was changed?
    The author seems very knowledgeable, but this book needs siginificant improvements.

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  • Posted August 18, 2009

    Invest Wisely

    The title of this book: Complete Guide to Investing in Commodities and Futures says it all. Mary Holihan has written a must read and well-written book for anyone thinking about investing in commodities. It is also highly recommended for the general reader who desires to better understand our economic system and the role of commodities and futures.

    Holihan emphasizes that commodity investing requires hard work, research, skills and a tolerance for risk it is not for the lazy who seek quick rich schemes at a casino table. Nor is it a business for the faint of heart and undisciplined.

    The first step to investing in this arena is education. And her book provides just what the title says: a "Complete Guide" that anyone thinking about venturing into trading in commodities must first read and master. I only wish it were published 20 years ago before I made my first investments in them.

    John F. Gilligan, Ph.D.
    Groveland, IL

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  • Posted July 15, 2009

    A Great Read for Anyone Interested in Commodity Trading

    The Complete Guide to Commodity Trading by Mary B. Holihan is a very thorough look at the world of commodity training. It starts off with the basics: what commodity training is and a little bit about its history. The book covers how to find a broker, where and when different commodities are traded, and how to make money. There is also a section about some of the most common pitfalls that commodity traders may face, and how to avoid them. This book has almost everything that a new commodity trader needs to get going.
    The most impressive section of the book is the detailed information about the commodities themselves, with all the information traders need to understand in order to be successful. This section covers meats, lumber, metals, oil and gas, currencies and harvestable commodities, such as corn, wheat and soy. Each commodity is given an in-depth treatment, which makes this book an outstanding resource.
    My only complaint about this book is that I felt like it was for people who already understood the stock market and trading. There are a lot of terms to remember-I think the book could have used a glossary in the back to help readers keep everything straight without having to search back through the book. For someone who already knows the basic terms, this is a great book and I would recommend it.

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  • Anonymous

    Posted October 6, 2008

    This book is an excellent starting place for the novice commodity trader.

    The Complete Guide to Investing in Commodity Trading and Futures - How to Earn High Rates of Return Safely By Mary B. Holihan could be used as a text book for a college course in this subject. This book is an excellent starting place for the novice commodity trader. It provides a history of the market and the major commodities. It discusses the main methods of predicting price changes and how to use these tools to make profits. It shows not only the major ways to make money but also the prime pitfalls in commodities trading and how to avoid them. This guide starts out by looking deeply into the history of commodities and commodities trading. This gives one both perspective and an understanding of the underling basis and structure of the market. It then gives definitions and explanations of what all goes on. I t covers why trades are made, how trades are made, how and why you need a broker, what to look for in a broker, and the main reasons people lose money in commodities trading. There is an excellent section detailing the main different types of trend analysis, how to use them and the advantages and disadvantages of each. The book also gives information about each of the commodities markets how they work, what influences them and what to expect in the future. Commodity trading provides an opportunity for tremendous gain or rapid loss. This book gives you an understanding of the opportunities and the risks. To be successful will require understanding and study. This book is an excellent first step in both the understanding and the study process.

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  • Anonymous

    Posted August 15, 2008

    Thorough and informative

    I did not know anything about trading commodities before I started this book. However, by the end I felt completely with the concept and will likely move forward with diversifying my investment portfolio. Ms. Holihan does a wonderful job of explaining just what commodities are and how they impact our society. For the novice like me a book Like Ms. Holihan¿s was exactly what I needed to get started trading in commodities. This book explains concepts with the simplest terms and most importantly, it starts at the beginning. You will learn just what commodities are and how the trading of them became common practice. Ms. Holihan does not imply in any way that you will get rich quick or that this is an easy form of investing. But the message that she does deliver, and with success, is that anyone willing to put in the study time can make investing in commodities a successful venture. YOU HAVE TO UNDERSTAND THE MARKET. Ms. Holihan also uses case studies throughout her book that describe in detail how some great commodities traders got their starts as well as their advice on staying successful. From studying the market to managing your portfolio to placing orders with brokers Ms. Holihan touches on all the pertinents of trading in commodities and then some.

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  • Anonymous

    Posted August 1, 2008

    The Complete Guide to Investing in Commodity Trading and Futures: How to Earn High Rates of Return Safely

    The Complete Guide to Investing in Commodity Trading and Futures: How to Earn High Rates of Return Safely by Mary B. Holihan, is a very good comprehensive investment guide about commodity futures trading. This book would be useful for undergraduate finance students, sophisticated investors and commodities traders. This guide was not always easy to read due to the technical nature of the material. A wide variety of commodity products are described as far as where they are produced, the years they are being produced and political climates that affect their outlook. The book starts out by describing as well as naming commodity exchanges worldwide. Specific commodities are not usually produced everywhere, but often in at least two different continents or countries. Types of commodity trading orders are described in detail. Holihan also describes types of common commodity futures traders. These investors can be classified as hedgers, speculators, day traders, scalpers, spreaders and institutional investors. The guide gives suggestions as to investigating commodity broker services and commodity fund managers before hiring them. The two regulatory organizations to check with are the National Futures Association and the Commodities Futures Trading Commission. The author contends that the commodity trading is becoming more and more electronic and less exchange-based. Mary Holihan suggests good commodity trading systems to a novice or experienced trader. The Complete Guide to Investing in Commodity Trading and Futures provides a description of the ideal trader attitude for optimal trading. Information in the commodities market is not published often as stock or bond information is. Losses can occur more rapidly with commodities so the author advises you to become familiar with the commodity market you are trading in. Fundamental as well as technical analysis trading techniques are explained. This book has an excellent description of fundamental analysis in the commodities market. Ideas such as supply and demand, weather and inflation are mentioned. Technical analysis concepts in the commodities market are also given and these can include volume, support, resistance and breakouts.

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  • Anonymous

    Posted June 30, 2008

    Must-Have How-To Book on Trading Commodities

    The Complete Guide to Investing In Commodity Trading and Futures-How To Earn High Rates of Returns Safely is of particular interest now given that some are blaming high oil and gas prices on the ¿out of control speculating¿ going on, and corn becoming more important as a fuel as well as a food source, and with demand for all commodities increasing by the day. You need this book if you want to jump in to the world of commodities trading. Commodities Trading is complicated, full of risk and pitfalls, very different from stock trading, and this book is a must-have if you¿ve never traded in commodities and want to be successful. The book is divided into two main parts. The first section deals with Commodities basics-understanding it, the whys and hows, the pitfalls, etc. This section has a lot of information, and can seem a bit overwhelming at first, but all is explained in more detail further on. Part two explains types of commodities-agricultural, metals, meats, etc. Included in part one is great information on the floor, or ¿Pit¿. If you¿ve ever seen video of a commodities pit, and wondered what all that gesticulating and running around was all about, this explains it. Along with great in-depth information and advice, throughout the book are case studies / Q+A with experts, explanations of charts, and step by step guidelines about everything from placing an order with a broker to ¿How To Make A Trade¿. The author also covers differing investment philosophies and strategies. In the chapter on the ¿Whys¿ of investing/trading in Commodities there is a mention of hedging against inflation, and the fact that historically higher demand for finished goods boosts the price of commodities. Also mentioned are the oil crises of the 70s and 80s being associated with major recessions at the time, and why commodities futures perform well in the early stages of a recession vs. stocks. This book is not an ¿easy read¿, but it is an excellent and comprehensive handbook for anyone who is interested in the hows and whys of commodities trading, and absolutely necessary for anyone who wants to get in to commodities trading fully knowledgeable and with the tools they need to be successful.

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  • Anonymous

    Posted May 28, 2008

    Invest Some Time In This Book

    This book is an excellent read. If you're a novice at future's trading, this is a must buy book. It contains everything from how the markets were originally set up, to creating an investment strategy of your own. Mary Holihan does a superb job of explaining what a commodity is and how different countries and factors play a role in the price of goods. This book is honest, and well written. I recommend 'The Complete Guide to Investing in Commodity Trading and Futures' to anyone looking to start trading for the first time.

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  • Anonymous

    Posted May 20, 2008

    How to make money with commodities

    Over the course of about 300 pages, this book covers a lot of ground. Divided into two parts, the first section deals with the basics of commodity investing: from what it is and its history, to how to begin investing in it, finding a reputable broker, beginning investment theories, and other commodity-related financial tips for someone new to the venture. The second section looks at specific commodities individually, and discusses each of their current positions, and outlooks moving forward. The first section is very informative. It assumes that the reader has some knowledge of stock investing, but that they have no prior experience dealing in commodities. The chapters are designed to both teach the reader about commodity investing and to teach them about the world in which it is done. The book struggles sometimes, because it tries to include very technical information along with the beginning basics, which could be off-putting on one hand to the beginner, and on the other to someone who is more experienced, but it does try hard to straddle the line to appeal to both sides. The second section of ¿The Complete Guide¿¿ is much more specific, and much more technical. It may be difficult to understand for someone who is yet to open a commodity account, or is reading the book to find out whether commodity trading is right for them, but it can work as a good guide for someone who has just begun investing, or to be set aside and kept as a piece of reference for a future investor. This book is a good, all-in-one guide for someone who wants to learn the basics of the commodity market, because it includes information on every subject necessary. If you don¿t know much about commodities, it would be a good investment to make, because it provides an excellent overview of what it is and how to do it, along with more advanced information, if you do eventually choose to try to break into it. In an economy in which other investment ventures, such as stocks, bonds, and real estate, are dropping in value or lying stagnate, commodity trading continues to make money for many individuals, and if you are interested in trying your hand in the commodity market, I would recommend reading this book first.

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  • Anonymous

    Posted May 21, 2008

    Thorough Explanation

    This is a really thorough explanation about the topic of commodity training. I didn¿t know anything about where to start, all I knew was that I was interested in finding a way to invest in something and ensuring that it would reap rewards. This book explains it all. I really like reading about the case studies and knowing that these are real success stories which have happened. Rules of etiquette and guidelines were absolutely enlightening, and unlike other investment books which are filled with dry `industry lingo¿ that newcomers are so alienated from, this book explains everything in simple and straightforward language, so anyone can easily pick up the concepts! The most helpful part of the book is the index at the back. So if you are in the middle of researching a commodity you want to trade and unsure, this book remains as a wonderful tool for you to remember all the principles involved in successful trading of commodities.

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