HIGHER PROBABILITY COMMODITY TRADING
V**A
Natural Gas Commodity
Can this book assist in particular natural gas trading..n crude oil..for instance,, NATURAL GAS is all time almost low can it help in taking buy decision
S**Y
good
the book is good but graphical representation is not upto the mark
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.
M**Y
Very realistic reading content with great insight - a must read for novice and experienced traders.
It is the title that caught my attention. I have had some experience trading commodity futures. I decided to purchase it. Carley's writing stands apart because she has focused on providing her insight throughout the book as she brings in subject matter chapter by chapter in a methodical, incremental and meaningful way. This insight is based on her own experience in Commodity trading.Second things is: I felt that Carley was there reminding me of the big picture throughout the book (as it is easy to forget it when lost I details) even as she took me through necessary details of technical and fundamental analysis, seasonal tendencies of commodities, commitment of traders reports, trading strategies, heging, risk management, Margin considerations etc,. She has given all the details of trading basics in fact. Next, in addition to giving the background-knowledge (static) for commodity trading Carley has given specific information (dynamic) how to keep up to date with the latest commodity reports, news and analysis by reading what her experience has taught her as the best and most reputed publications like HighTower publication. Carley sheds extra light even on seemingly familiar activities like put writing. It was an eye opener and a very big one at that when I learned that the huge bid/ask spread created on far out of the money put spreads when the stock market melted down in 2015 could have killed traders who sold many such spreads thinking such spreads are safe in that one can always get out in a reasonable way! I feel that Carley's book does complete justice to its title in that provides practical knowledge to recognize high probability trading.There is also enough subtle humor in the book. Last but not the least I will say there are two whole chapters on tips and tricks and how to use it based on our own personality where she also talks about psychology of trading, ego battles with the market, problems of overtrading and practical tips on how to avoid it, etc,. I loved reading the chapters: 'Thinking outside the Box' and 'The Hidden Gems of Commodity Trading'. I finished reading this book and I must say it has also had a cleansing and detoxifying effect on me and I must say I am lucky to have done it two days before the most watched election.
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