Customer Reviews

Mastering Commodity Futures & Options: A Step-by-Step Guide to Successful Trading (Ft)

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Having read more than 50 books on trading and the markets, it took me by surprise to find so much fresh material in this one. The strategy overviews were great- like the flexibility value of synthetic calls and puts, the use of backspreads to profit from volatile moves, or the correct way to pyramid, to give just a few examples. I've found that a majority of books on trading are either largely autobiographical or else they only cover the same old ground in some form or another (cut your losses, let your profits run, don't get emotional, yada yada yada)- but this one actually offers fresh, workable strategies and valuable insights. If you trade, or are thinking about trading, definitely pick this one up.

Very well written and even entertaining in places, this book has lots of nuts and bolts you won't find in other primers, like the best explanation of First Notice Day and Last Trading Day I've seen anywhere. The section on choosing a broker is not very useful, but everything else is. You get a good treatment of Fundamental Analysis in addition to Technical Analysis, and two chapters on moving average systems, which Kleinman considers THE most valuable trading tools. If you're looking to start trading futures (mastery takes 5-10 years), make this one of the first five books you read.

An extremely well written primer for the novice and polisher for the expert. An absolute plethora of information and advice for those at any stage of commodity trading. The "bible" for traders.

WOW. What a powerful, easy to understand book about the whole ball of wax. If you are looking for THE book on Futures and Options, how they work, the reason behind price changes and an easy to understand system to trading look no further! A heart felt thanks Mr. Kleinman on a real work of art.

Kleinman takes the mystery out of the commodities market. I wish I would have had this book before I attempted my series 3! It would have made the process much easier. The NFA should make this required reading.