Higher Probability Commodity Trading: A Comprehensive Guide to Commodity Market Analysis, Strategy Development, and Risk Management Techniques Aimed at Favorably Shifting the Odds of Success
Higher Probability Commodity Trading takes readers on an unprecedented journey through the treacherous commodity markets; shedding light on topics rarely discussed in trading literature from a unique perspective, with the intention of increasing the odds of success for market participants.
In its quest to guide traders through the process of commodity market analysis, strategy development, and risk management, Higher Probability Commodity Trading discusses several alternative market concepts and unconventional views such as option selling tactics, hedging futures positions with options, and combining the practice of fundamental, technical, seasonal, and sentiment analysis to gauge market price changes. Carley Garner, is a frequent contributor of commodity market analysis to CNBC's Mad Money TV show hosted by Jim Cramer. She has also been a futures and options broker, where for over a decade she has had a front row seat to the victories and defeats the commodity markets deal to traders. Garner has a knack for portraying complex commodity trading concepts, in an easy-to-read and entertaining format. Readers of Higher Probability Commodity Trading are sure to walk away with a better understanding of the futures and options market, but more importantly with the benefit of years of market lessons learned without the expensive lessons.
Senior Commodity Market Strategist and Broker, STOCKS & COMMODITIES Magazine Columnist, TheStreet.com Contributor, and Author
Carley Garner is an experienced futures and options broker with DeCarley Trading, a division of Zaner Group, in Las Vegas, Nevada. She is also the author of Higher Probability Commodity Trading; A Trader's First Book on Commodities (two editions); Currency Trading in the Forex and Futures Markets; and Commodity Options. Her e-newsletters, The DeCarley Perspective and The Financial Futures Report, have garnered a loyal following; she is also proactive in providing free trading education at www.DeCarleyTrading.com.
Carley is a magna cum laude graduate of the University of Nevada Las Vegas, from which she earned dual bachelor’s degrees in finance and accounting. Carley jumped into the options and futures industry with both feet in early 2004 and has become one of the most recognized names in the business. Her commodity market analysis is often referenced on Jim Cramer’s Mad Money on CNBC and she is a regular contributor to TheStreet.com and its Real Money Pro service.
Carley authors a monthly column in STOCKS & COMMODITIES magazine and has been featured in the likes of Futures, Active Trader, Option Trader magazines, and many more. She has been quoted by Investor’s Business Daily and The Wall Street Journal and has also been known to participate in radio interviews. She can be found on the speaking circuit.
I started to read this book with little expectation. I received none indication, I didn’t know the author. But as I devouring the chapters I love it more and more. Author has an excellent commodity understanding and she is never tired to make it clear about risks of commodity trading (and trading in general). Her counselings about not use stop-loss order and instead look for other protective alternatives is amazing! I recommend this book for any person with a intermediate trading knowledge. You will not regret!
I wish I had read this book few years ago to avoid some big mistakes during my trade career. Carley Garner doesn’t present any magical formula to make easy money, instead she brings her experience to an easy to read book. I love it!
Also not very well structured or objective. Could read all the good information out of a couple of webpages. For the beginner trader would only recommend a couple of chapters.
I would give this to my imaginary 11 year old child who has just discovered a new passion for commodities after learning about the robber barons in school. Otherwise, it’s quite elementary and focuses primarily on retail strategies; not very useful for institutional readers.
Un libro escrito "muy a la ligera", parecen más las notas de alguna presentación o un curso. Sirve, creo yo, como material de apoyo, pero no de referencia.