Trading Commodities and Financial Futures: A Step-by-Step Guide to Mastering the Markets

Before you buy this book, go to your local bookstore and read the first four pages.

If your answer is "yes" to the main question the author asks, then buy it and prepare yourself for a fun and informative reading.

George Kleinman is a real trader; one that has been around since the "good old days" when trading commodities required more than a computer and a financial model.

He has also successfully made the transition from the noisy pit to the relative calmness of the trading room. The point is, readers will benefit from Mr. Klainman's wealth of knowledge, which he disperses freely throughout the pages of his book- now in its fourth edition. This remains a seminal work and any serious trader should read it.

Kleinman begins with the basics, explaining how futures and options trading work today, how trading psychology impacts commodity markets, and how to avoid the latest pitfalls. He offers extensively updated coverage of electronic trading, today's contracts, and advanced trading techniques - including his own exclusive Pivot Indicator approach.

The latter is one of the big insights of the book, as it allows you to learn a real trading method that has endured the test of time.

As the author notes "When it comes to making money trading commodities, there's no holy grail--no single methodology that's correct. There are numerous paths to profitability, and plenty more lead to loss. You'll need to identify a method that fits your personality."

This isn't a "silver bullet" system. It's about learning how things work in the options and futures pits -- including yourself -- to maximize your trading opportunities. It's a great read on a number of levels.