Fülszöveg
Finance
COMMODITY SPECULATION FORBEGINNERS
A Guide to the Futures Market Charles Huff and Barbara Marinacci It doesn't take a lot of money to reap big rewards in the futures market. Contrary to widespread belief, the commodity marketplace is a highly supervised, well-regulated auction arena in which experienced small speculators have just as much chance to make a profit as the big traders do. This book is designed to help you learn the commodity game and—through sound money management—use it to at least double your annual income.
In clear language, the authors introduce you to their protagonist, Mr. E., who learns, along with you, the commodity game from scratch. You'll receive an eye-opening education as Mr. E. talks to a commodity broker, a floor trader, and a professional speculator. You and Mr. E. learn how to avoid becoming part of the 90% casualty rate among new speculators, how to choose a broker, how to use "game theory" tactics in your decision-making, and how to...
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Fülszöveg
Finance
COMMODITY SPECULATION FORBEGINNERS
A Guide to the Futures Market Charles Huff and Barbara Marinacci It doesn't take a lot of money to reap big rewards in the futures market. Contrary to widespread belief, the commodity marketplace is a highly supervised, well-regulated auction arena in which experienced small speculators have just as much chance to make a profit as the big traders do. This book is designed to help you learn the commodity game and—through sound money management—use it to at least double your annual income.
In clear language, the authors introduce you to their protagonist, Mr. E., who learns, along with you, the commodity game from scratch. You'll receive an eye-opening education as Mr. E. talks to a commodity broker, a floor trader, and a professional speculator. You and Mr. E. learn how to avoid becoming part of the 90% casualty rate among new speculators, how to choose a broker, how to use "game theory" tactics in your decision-making, and how to manage your trading account and avert financial ruin.
You will become aware of the psychological nuances in commodity specuiadon, figure out how to get inflation to join you as a trading partner, and, of course, you will master the reading of price quotations, commodity lists, bar and point-and-figure charts, and other trader information sources.
Here for the first time in book form is everything you need to get started—and to stay—in one of the most exciting and potentially rewarding games of all: commodity speculation.
"For inflation-battered investors of average means, this is an instructive introduction to commodity futures which bridges the gap between technical tomes and get-rich-quick tracts." —Kirkus Reviews
Charles Huff is a mathematics professor at a Los Angeles area community college in addition to being a successful speculator.
Barbara Marinacci, the author of five other books, operates an editorial service for writers and publishers in Santa Monica, California.
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