“I’ve been trading stocks and commodities for more than 30 years, and I’ve read any number of how-to books, but George Kleinman’s The New Commodity Trading Guide is as clear, precise, and useful as any book I’ve come across during my career. I cannot recommend it strongly enough, if for no other reason than George finally explains ‘The Voice from the Tomb’ better than any of the old guard at the CBOT. Read it and reap.”--Dennis Gartman, editor/publisher The Gartman Letter, L.C.
“Commodities present great financial opportunity and, as every hedge fund and trader has experienced, great risk. This book shows how to use commodity trading and volatility to capture excess profits while limiting losses. These lessons are as critical for investors as they are for traders, as we are likely to be in a volatile trading environment for the foreseeable future.”--Daniel J. Dart, private investor and COO, Merrill Lynch Investment Managers, Third Party Group (retired)
“George Kleinman’s book has just the right blend of practical trading wisdom, technical charting, and fundamental analysis. It’s full of revealing discussions about seasonal trading patterns and long term trends. But most importantly it presents a balanced view that honestly reveals both the difficulties and advantages of being a private commodities trader. There’s something here for both experienced investors and beginners interested in learning from a seasoned expert.”--Jeff Augen, author of The Volatility Edge in Options Trading and Trading Options at Expiration
“I highly recommend George Kleinman’s The New Commodity Trading Guide. George’s insights, the result of 25 years of successful trading experience, are explained in a way that a new trader can grasp and, at the same time, an experienced trader can translate into his own trading. Best of all, George presents many of his own creative trading methods including his Natural Number Method, explained for the first time in this book.”--Jeff Quinto, president of Transformative Trading and futures trading coach
“Since leaving the trading floor, George is one of the few people I still talk to about the markets, and this book clearly shows why. He is able to take classic time-tested methods of technical analysis and adapt them to the conditions faced by today’s electronic traders.”--Andrew Stanton, 20-year veteran of the NY trading floors
Over the long term, commodities prices are expected to rise based on massive increases in global demand. But, as many investors have discovered the hard way, merely knowing this is not enough to make consistent profits. Fundamental changes in the commodities markets have occurred that have implications most investors do not understand. For instance, century-old “open outcry” trading floors have now been replaced with computerized trading. In The New Commodity Trading Guide, commodities expert George Kleinman reveals the new practical realities of worldwide electronic commodities trading and specific strategies for capitalizing on today’s radically different markets.
Kleinman shows how to leverage the one indicator that consistently drives commodity prices today...introduces the right ways to trade on news and profit from trends...reveals consistent seasonal price shifts that mean huge profits...shows which conventional strategies still work (and which don’t!). Finally, he introduces the Natural Number Method, a breakthrough approach that any commodities trader can use to supercharge performance!
Capturing the 5000% return
What you can learn from one of history’s fastest price moves
“Breaking par”: how you can
profit from market psychology
How to make profitable trades right after market barriers are shattered
The trend’s your friend--if you know
how to use it
Discover the best times to go with the flow
Why markets behave differently at
significant break points...
...and how to use that knowledge to make big profits
What hasn’t changed--and how you can
profit from it
Two classic chart patterns that continue to work!
Table of Contents
- Title Page
- Copyright Page
- About the Author
- Going the Way of the Dodo
- Chapter 1. Eliminating People
- Chapter 2. Capturing a 5,000% Return
- Chapter 3. Two Chart Patterns That Work!
- Chapter 4. The Voice from the Tomb (Super Seasonal #1)
- Chapter 5. The Soy Secret (Super Seasonal #2)
- Chapter 6. The Significant News Indicator
- Chapter 7. Breaking Par
- Chapter 8. The Trend Is Your Friend
- Chapter 9. The Natural Number Method: A Breakthrough Strategy for Capturing Market Profits
- Chapter 10. Trading Chaos
- Appendix A. Moving Average Primer, an Open Interest Primer, and the Advanced Open Interest Course
- Title: The New Commodity Trading Guide: Breakthrough Strategies for Capturing Market Profits
- Release date: March 2009
- Publisher(s): Pearson
- ISBN: 9780137003150