Commodity Futures and Options

Rating:
Summary: Very Basic - Title should be Commodity Futures for Dummies
Review: An extremely basic treatment of futures and options. Hedging strategies explained are inadequate at best with no explanation or regard to the cost of the hedge as it would relate to risk vs. return. Author tries to tell you that if you have an overnight position you should hedge so that you can sleep better. Author also describes the 30 or so different commodity contracts very briefly with no fundamental insight whatsoever. You can get more from looking at the exchange web sites. I recommend that you skim the book in the bookstore and then leave it there !

Rating:
Summary: commodity futures and options
Review: Easy to read, packed with vital information. Using the author's methods I paper traded my past losing trades, and reversed many of the losses..(on paper only alas!)..works on shares too. The book is clear in its explanations, gives lots of examples and the author gives his email address, so you can clarify points that you find unclear. What's more George Kleinman replies to his emails promptly. An impressive work.

Rating:
Summary: The most useful book on Futures Trading
Review: In my view the best book about commodity trading I have seen so far. Easy to read, and with many examples, it offers an excellent guide for the beginning trader, and a valuable reference source for the experienced.

George Kleinman's vast experience in the markets, enables him to focus in his book on those aspects of trading, analysis, and money management, that really matter to become a successful trader. I trade for quite a few years now, and still take his book to hand regularly.

The stories and anecdotes that George offers us throughout the book would be a reason in itself to buy it, and could only come from somebody who knows the exchange floors.

Rating:
Summary: My favorite book on commodities
Review: Let me preface this with the fact that George and I had a falling out a few years ago and haven't spoken since.

With that said, if you want a solid fundamental understanding of how and why the futures markets work - this is the book for you. George has an uncanny ability to break down the market into vey easy and understandable terms. He even throws in some stories that not only make this an educational read but a fun one.

I really wish this book was around before I studdied for my Series 3.

Kevin Cotter, former publisher of the Cents Financial Journal

PS As to the dummies comment that was made by another reviewer - big words and fancy formulas do not make for substantial portfolios.

Rating:
Summary: Very Basic - Title should be Commodity Futures for Dummies
Review: This book is very well written and the information is very useful for trading stocks and futures. I am surprised that it doesn't have more reviews. I recently read it and was surprised at how much useful information it has. I guess the best kept secrets are not well advertized!