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Futures 101 : An Introduction to Commodity Trading (2000 Edition)

Futures 101 : An Introduction to Commodity Trading (2000 Edition)

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Author: Richard E. Waldron
Publisher: Squantum Publishing Company
Category: Book

List Price: $24.95
Buy New: $15.65
You Save: $9.30 (37%)



New (17) Used (9) from $13.00

Rating: 4.0 out of 5 stars 19 reviews
Sales Rank: 316543

Media: Paperback
Pages: 301
Number Of Items: 1
Shipping Weight (lbs): 1
Dimensions (in): 8.3 x 5.5 x 0.8

ISBN: 0965659305
Dewey Decimal Number: 332.6328
EAN: 9780965659307
ASIN: 0965659305

Publication Date: September 15, 2003
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.

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Editorial Reviews:

Product Description
Curious about commodities?

If you're looking for a good book with an overview of futures, this one works.

FUTURES 101 tells how money is made and lost in today's fast-paced futures market and does so in an interesting style - part commentary, part verse, snippets rather than long chapters. Plus it does not try to sell you something or promise the moon.

This is all about commodity futures trading, a financial arena bigger than the stock market yet relatively unknown or understood.

Profits, pitfalls and dozens of subjects are covered in detail. Some examples even have sprinkles of trivia and smiles for clarity and to keep the reader awake.

Ordinary investors, professional investors, corporations, municipalities and pension funds make and lose money every day in the trillion-dollar futures business - FUTURES 101 explains how they do it.

An interesting side chapter analyzes the $104,926.00 profit made by Hillary Clinton many years before Bill Clinton was elected . This is an impartial, non-political look at the details of her trading and finds she did nothing wrong under the trading rules of the time.

Readers of FUTURES 101 are in four groups: new traders, potential traders, college students and people who are just financially curious.

This not a typical financial book and one reason is that the writing style is for folks who have a sense of humor and who like conversational reading.

FUTURES 101 is also used in private seminars, broker sales training, and college courses.

Order a copy today to learn more about this dynamic big money game or to fill in some knowledge gaps you may have.


Customer Reviews:   Read 14 more reviews...

4 out of 5 stars Appetite for Deconstruction   July 12, 2008
Vernon Hodge (New York City)
2 out of 2 found this review helpful

I read through the book in about 2 days, but it can be read in one sitting if you have the time. As some of the other commenters have stated, this book will not teach you how to trade. However I would not trade without reading this book first. Richard Waldron has done a wonderful job in explaining something as complex as futures trading to the person of average intelligence like myself.

The Hillary Clinton chapter is worth reading, he states how he was not a Hillary Clinton fan, but after researching her 1000 to 100k in cattle futures he sees that the media was trying to smear her. She did nothing illegal.



5 out of 5 stars Never Traded Before? Good Place to Start   March 30, 2007
Keith Vallely (Asheville, NC)
10 out of 11 found this review helpful

This book is a FANTASTIC first book to read about commodities trading. Will it show you how to develop a Chart? NO. Will it teach you how to feel a market? NO. Will it give you the skills to begin trading as a beginner, paper trading or otherwise? NO. But what it will do, and it is a fantastic book for this... It will give the reader, especially a novice/beginner or a person who is interested in exploring "commodities" trading a good base of knowledge, in a simple and uncomplicated way. It will make clear what trading is, what are the ground rules, how it works in theory, and what you will need to do and emulate, to see any success in this complex and interesting field. I have purchased this book 7 or 8 times for several of my friends who 'want to know' what commodities trading is. The explanation of leverage, the concepts of 'longs and shorts' the idea of selling something (going short) is complex to the everyday person. Most people cannot imagine you can sell something (going short) without actually having something, and then buying later to fill your short. My wife is very smart, but she had "never knew" you could do such a thing. So, if you want to 'get the idea' of what commodities trading is, buy this book. It will not overwhelm you, but will help you understand enough (like putting your toe in the water of the pool) to determine if you want to jump in, or just wade in, or if you would rather find something 'less risky'.


4 out of 5 stars Great for the Futures Clueless   October 3, 2005
Sonya D. Stutts (Smyrna, GA)
3 out of 3 found this review helpful

I received the 1997 edition, NOT the 2000...therefore my comments are based on the earlier edition. I enjoyed the book as it is a very easy read and could more appropriately be titled 'Futures 100: An Orientation', as the author does exactly what he promises to do and that is to introduce the reader to the world of Futures. I read it in one day and would recommend it to anyone who is eager to learn about Futures. Waldron does provide a couple of interesting examples of success in trading, but more knowledge should be ascertained. He also offer additional resources to assist the reader with their journey for more information regarding concepts, research and trading.

I would recommend this reading if your only interpretation of Futures are multiple tomorrows :-)



4 out of 5 stars Used book   September 16, 2005
J. Foley (Seattle, WA)
1 out of 17 found this review helpful

Excellent service. My book arrived on time and in excellent shape, just as described on the site.


4 out of 5 stars Great for neophytes.   November 6, 2004
DeeMee (Alabama)
13 out of 14 found this review helpful

Neophytes will not find a better explanation of the futures market. How it works, what it is, terms and what they mean. The guy has a gift for explaining what could be confusing in a very straight forward manner that will also stick in your head. You learn more than you think.

I do find the typewriter look to the text annoying. Which is why it is only 4 stars.

And this is a book for someone knowing little or nothing about the futures or commodity markets. But it will get you up to speed very quickly and painlessly.


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