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

Richard E. Waldron (Author)

Book Description

Publication Date: September 15, 2003

Futures 101 explains the basics of the commodity futures market and how ordinary investors trade. Examples using trivia and wit illustrate steps used trading in this financial arena that's bigger than the stock market. Readers from 50 states and 17 countries have found the unusual writing and explanations helped them understand commodities.

Editorial Reviews

Review

"An excellent book for investors and non-investors alike." -- West Coast Review of Books

"Covers all the basics with wit and without excess jargon. The author neither encourages nor discourages trading in futures and doesn't have a 'system' to sell.

There is also an unbiased and excellent analysis of Hillary Clinton's success in trading commodities many years ago." -- Reader Comment

"Describes with simple detail in a language easy to understand the secrets of commodity investments and how they work." -- Rapport Magazine

"Especially recommended for potential commodity trading investors, students, and the non-specialist general reader with an interest in U.S. and global economic markets." -- Midwest Book Review

FUTURES 101 was named recipient of a 1998 Book of the Year Award by the North American Bookdealers Exchange. -- National book award

V.I.P Review: "FUTURES 101 is the most understandable book for explaining the basics about commodities that I've ever read." -- Welles Wilder

V.I.P. Review: "This is the most understandable book explaining the basics about futures I have ever read." -- Welles Wilder

From the Author

I am pleasantly surprised and gratified by the interest and sales of FUTURES 101. Too many people lose money when trading and the main reason may be ignorance of how the system works. And the dangers involved. I am not associated with any brokerage or anyone in the futures business other than as a client, and when I first traded commodities some years ago I could not find a beginners book that explained things comfortably to me. The very few available were too technical or too abrupt and left me confused or unsatisfied. Later after some years of trading with mixed results I remembered the difficulties encountered in the beginning and since I had learned a fair amount about trading by trial and error, I decided to write a short explanation booklet to benefit others. I also wanted to write it in a style that would not put the reader asleep. The more I wrote the more I found needed to be covered and the result was a full book that has found an international sales niche, much of it through referrals. In summary, it was fun to write and I hope it benefits those looking to understand futures trading.

Dick Waldron

Product Details

• Paperback: 301 pages
• Publisher: Squantum Publishing Company (September 15, 2003)
• Language: English
• ISBN-10: 0965659305
• ISBN-13: 978-0965659307
• Product Dimensions: 8.3 x 5.5 x 0.8 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 3.8 out of 5 stars  See all reviews (19 customer reviews)
• Amazon Best Sellers Rank: #345,400 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

25 of 25 people found the following review helpful:

3.0 out of 5 stars A good general overview of commodity futures trading., October 17, 1998

By A Customer

This review is from: Futures 101 : An Introduction to Commodity Trading (2000 Edition) (Paperback)

This book is for those who know nothing or virtually nothing about commodity futures. If you already know even a little about commodity futures, this book is not for you. It is just a foundation. You will not be ready to trade commodity futures after you read this book (and the author does not pretend that you will be), but you will be ready to go on to more in-depth research. The book is light, quick reading.

27 of 28 people found the following review helpful:

5.0 out of 5 stars A req'd reading for "Futures 101" An Intro to Futures Trad'g, December 27, 2003

By 

Jason Chang (Cupertino, CA USA) - See all my reviews
(REAL NAME)   

This review is from: Futures 101 : An Introduction to Commodity Trading (2000 Edition) (Paperback)

This book is:
1) ONLY for non-futures traders looking to understand the art of commodity trading,
2) illustrating step-by-step of when, what, who, and how of futures trading,
3) depicting how you can win or loss BIG from futures.

This book isn't:
1) an advice on how to WIN,
2) a tool on how to beat the system.

Since I am a bystander looking to investing in the futures, this is a great book to begin. A perfect Futures for Dummies.

19 of 20 people found the following review helpful:

4.0 out of 5 stars Futures 101: An Introduction to Commodity Trading, March 19, 2000

By A Customer

Amazon Verified Purchase

This review is from: Futures 101 : An Introduction to Commodity Trading (2000 Edition) (Paperback)

A great book to start out with. The first few chapters were a bit basic, however the meat of the book is in the middle chapters. It offers great unbiased, factual information. While this book alone is not strong enough to start trading on, it lays the perfect foundation to build from. Definately recommeded for the beginning trader/speculator.