The S.I.M.P.L.E. System: Confessions of a Closet Commodity Trader [Paperback]

Angelo Namrevo (Author)

Book Description

Publication Date: November 15, 1996

A 192 page guide to trading physical commodity markets such as wheat, corn, cattle, crude oil and more than a dozen other markets on the futures exchanges of Chicago and New York. Appropriate for both beginning as well as experienced traders, this book describes in detail how the author, Angelo Namrevo, went from losing trade after trade to winning trade after trade. In the back of his book you will find copies of actual brokerage statements showing his $5,000 account growing to $11,735 in 4 months' time through 17 successive winning trades.

Mr. Namrevo does not guarantee this will be every reader's experience, but certainly each reader will understand why he switched from standard commodity trading approaches to an unconventional approach known as "scale trading." Every technique the author used to accomplish 17 successive winning commodity trades is explained in detail, including: how to know which markets to trade and which to stay away from; how to determine exactly when to buy and when to sell; and how to trade without daily charts or computers.

Some unsolicited comments from readers include:

"I love your approach to trading, and I know full well that with proper money management and controls (as you know to do per your writings and analysis), traders could and should become long-term accounts instead of here today and gone tomorrow." [J.C., a futures broker who started in 1977.]

"I read The S.I.M.P.L.E. System in one sitting and couldn't put it down. It was funny, informative, fast paced, and thoroughly enjoyable!" [J.K.]

"I applaud your insight...Congratulations on a most interesting and well-written book." [R.C.]

Editorial Reviews

Review

"While you can debate the merits of scale trading, there's not much argument that [Namrevo's] book is interesting, informative and an easy read. Everything about the system is clear and understandable. If scale trading sounds like your style, this book will give you an excellent grasp of the concepts." -- Futures magazine, September, 1997, p. 90

While you can debate the merits of scale trading, there's not much argument that [Namrevo's] book is interesting, informative and an easy read. Everything about the system is clear and understandable. If scale trading sounds like your style, this book will give you an excellent grasp of the concepts." -- Futures magazine, September 1997, p 90.

From the Publisher

The author is registered with the National Futures Association as a Commodity Trading Advisor [CTA].

See all Editorial Reviews

Product Details

• Paperback: 192 pages
• Publisher: KO Publishing; 1 edition (November 15, 1996)
• ISBN-10: 1884187714
• ISBN-13: 978-1884187711
• Average Customer Review: 3.0 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #940,507 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

4 of 5 people found the following review helpful:

5.0 out of 5 stars The best book on commodities., September 15, 1998

By 

[e-mail] (Houston,Tx) - See all my reviews

This review is from: The S.I.M.P.L.E. System: Confessions of a Closet Commodity Trader (Paperback)

Throw away all your other books on commodity investing. This is the only book you will ever need. The book is easy to understand, and it works! Most commodity investors- about 90% lose money. With this system 100% of the investors will make money. Just stick with the system. It is easy, no technical analysis and fancy shmancy mathematics. All you need is a little bit of money , discipline to stick with the system, and patience. I have made money with this system every time. And I will use this system for the rest of my life, because it makes money every single time. It is the best book on commodities there is. I am not buying any other books because they don't work. This book tells you how to make money and it takes very little of your time.

5 of 7 people found the following review helpful:

1.0 out of 5 stars What is SIMPLE?, January 27, 1999

By A Customer

This review is from: The S.I.M.P.L.E. System: Confessions of a Closet Commodity Trader (Paperback)

In this book he never really puts together what SIMPLE really means . The story about how he became a trader are a little hard to believe. He couldn't recognize that he was being scammed twice,turning his life upside down then all of a sudden he understands the futures market in a few months . He had such a brief trading history and then writes a book about a technique that is not exclusive . Much too pricey for the content!

1 of 2 people found the following review helpful:

3.0 out of 5 stars Ask questions..., November 2, 2001

By A Customer

This review is from: The S.I.M.P.L.E. System: Confessions of a Closet Commodity Trader (Paperback)

The previous review was blatantly induced by the author. Please be aware of this.