Futures 101: An Introduction to Commodity Trading by Richard E. Waldron

From the Publisher

Curious about commodities? If you're looking for a good book that explains futures trading, this is it. Ordinary investors, professional traders, corporations, municipalities, unions and pension funds make and lose money every day trading in the trillion-dollar futures business. Now you can understand how they do it.

Futures, a financial arena bigger than the stock market, generates profits and losses ranging from the price of a cup of coffee to the price of a house. And results can happen in minutes, days or months. But most first-time traders lose. One reason may be because new traders really don't know how it all works and most quickly end up losing their money.

This unusual, impartial book details the profits and warns of the pitfalls of trading with examples, trivia, humor, a conversational style, and no sales pitch - approaches not always seen in the financial field. Researched and written by an experienced and independent trader, Futures 101 has dozens of subjects for the new or potential investor, and comfortably explains futures for the financially curious.

There is even a non-political analysis of how Hillary Rodham Clinton had a net profit of $104,926.00 when trading futures many years ago. (Hint: She did nothing wrong).

Jonathan Pease

"... I was impressed with what a nice job you do in educating the reader as to the mechanical workings of the market."

--Jonathan Pease, Investors' Network (internet bookstore)

Troutman

"... Futures 101 is not a typical book on futures trading... interesting style, part commentary, part verse, snippets not long chapters. A good read for people who know little or nothing about futures markets. More approachable than some other introductory books. All in all, if you are looking for a good book to give you a futures overview, this one works."

--Troutman, Defender Capital Mgt., (internet commentator)

Applied Derivatives Trading

"...The author appears to enjoy creating rhymes as well as forcing the odd pun. Given this style, in some ways this book reads how I imagine the late Dr. Suess would have treated the same subject matter. Chapters are succint and deal with various aspects of futures in turn. There is also a distinct lack of jargon and no complex mathematics to frighten off the casual reader."

--Applied Derivatives Trading, London, U.K. (internet magazine)

What People Are Saying

Welles Wilder
This is the most understandable book for explaining the basics about commodities I have ever read.

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Product Details

• ISBN: 0965659305
  
• ISBN-13: 9780965659307
• Format: Paperback, 301pp
• Publisher: Squantum Publishing Company
• Pub. Date: June 2003
• Edition Description: REV
• Sales Rank: 63,911

• Table of Contents

Table of Contents