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

George Kleinman’s Trading Commodities and Financial Futures is an invaluable resource for anyone looking to delve into the world of commodities and futures trading. Drawing from over 30 years of market experience, Kleinman offers a clear, step-by-step approach that caters to both beginners and intermediate traders.Key Highlights:• Foundational Knowledge: The book starts with the basics, explaining what commodities are, how futures contracts work, and the mechanics of trading on commodity exchanges. This solid foundation is essential for newcomers to grasp the complexities of the market.• Technical Analysis and Strategies: Kleinman delves into technical analysis, introducing tools like chart patterns, trend analysis, and his proprietary Pivot Indicator. He presents various trading strategies suitable for different market conditions, emphasizing the importance of discipline and emotional control.• Adaptation to Modern Markets: The book addresses the impact of technological advancements, such as electronic trading platforms and algorithmic trading, on commodities markets. Kleinman emphasizes the need for traders to stay informed about global events and economic indicators that can affect commodity prices.• Risk Management: A significant portion is dedicated to risk management techniques, including the use of stop-loss orders, diversification, and understanding margin requirements. Kleinman underscores the necessity of a well-defined trading plan to navigate the volatile nature of commodities markets.Overall, this book stands out for its practical insights, real-world examples, and clear explanations. Whether you’re a novice or looking to refine your trading skills, Trading Commodities and Financial Futures offers a comprehensive guide to mastering the markets.

It's really great reading for a novice, interesting stories, useful basic knowledge of futures and options, including how to trade them in different ways, like you can trade the spread with lower risks, blablabla. I also benefited from the technical tools, especially the GK's own ones, like SNI and pivot indicator. What tells me the most is the traits or personalities that a successful trader should possess. I really like this book and I will read it again and again to find out more and more useful things.

Solid book.

Informative and insightful. I actually just read it again for the second time and picked up this 4th Edition. I read the third edition at the end of 2006, and probably didn't need to upgrade to the 4th Ed. All your looking for is different signs the market makes, but I wanted to see how the 2008 downturn reflected in his latest edition. It's a book I continue to return to and worth the read, in my opinion.

Wow! Wasn't this a nice surprise. What a great book on trading all together. If you are starting out or just sharpening the knife - this book is a must. It should be in the line up of every trader.Commodities are in many ways the purest of the trades. The author does a great job of talking about the "nice to know's" and comparing those with the "must know's".Great job!

This is a great read for all traders. The lessons are timeless, and Mr Kleinman makes some complicated concepts and trades easy to understand and fun to read. There are a lot of lessons, concepts, and strategies packed into this book, if you have even mild interest in trading, you will not put it down once you get started. WH

Basic information, you can find the majority for free on the internet. He does more telling of stories than getting down to the nuts and bolts of being a professional trader or a trader simply looking to increase earnings. One disapointment was he partially explains what sounds like a good trading strategy/system but then tells you to buy another one of his books for the full details. Expensive book for the information given, Id recommend looking elsewhere.

Id say this is a great book for someone starting out with no knowledge of the markets, options, or futures. Its an easy read and has chapters punctuated by memorable recounts of interesting stories from the authors past. If you are looking for a very advanced book on trading strategies, this book might start off too slowly and at too basic of a level to maintain your interest.