Viewpoints of a Commodity Trader (Paperback)

by Roy W. Longstreet (Author)

Editorial Reviews

Product Description
The psychological aspect of trading is considered by many to be the most important. In this classic, veteran trader Roy Longstreet explores many areas that are of psychological significance to the futures trader and offers guidance on how to deal with each effectively.

This is a behind the scenes book in the strictest sense of the phrase. When Roy Longstreet was first confronted with the question: If you know so much about commodity trading, then why aren't you rich? He determined that the best answer would be a conspicuous measure of financial success in the trading of commodities futures. That he achieved his objective is evident, because now he is the head of the largest brokerage firm in the country dealing exclusively in commodities.

The techniques and the methods he employed over the years to achieve financial success is what is important to the reader and in this book we have those methods ably described by Mr. Longstreet. His approach to commodity trading is more fundamental than technical. He believes that psychology plays a basic role in the movement of commodity prices. As a matter of fact, he has often expressed the desire to hire a psychologist to apply specialized knowledge and find out what people who trade commodities think and why they make the mistakes they do.

Roy Longstreet's views will prove to be invaluable for those who want to increase their financial standing along intelligent, crystal-clear and forthright lines. As publishers of many books in the financial field, we recommend Roy Longstreet's book to you.

Product Details

• Paperback: 148 pages
• Publisher: Traders Press (December 1986)
• Language: English
• ISBN-10: 0934380147
• ISBN-13: 978-0934380140
• Product Dimensions: 8.8 x 6 x 0.3 inches
• Shipping Weight: 8.8 ounces
• Average Customer Review: 3.8 out of 5 stars See all reviews (5 customer reviews)
• Amazon.com Sales Rank: #927,781 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

3.0 out of 5 stars Bunch of cliches, May 27, 2003

By A Customer

Dozens of two page "chapters", basically trading maxims, cliches and rules and a small description of what and what not to do. Nothing special.

2 of 2 people found the following review helpful:

4.0 out of 5 stars If you enjoy trading books!!, March 12, 2002

By	Jack McGrath (Cyberworld, USA) - See all my reviews

This is a great read if you like to read stories of traders. The book is filled with lots of tales that traders or would be traders will find both true and useful. The second thing is that the book stands the test of time in that it was written years ago. But, it is not a how to book, so if that is what you want you will have to look elsewhere.

3 of 4 people found the following review helpful:

4.0 out of 5 stars nice.....but, February 15, 2001

By	Sterling J. Smith (Chicago, IL United States) - See all my reviews (REAL NAME)

The books collection of short stories, is good for the begining trader, but doesn't solve the age old questions of how to trade. it is no Dancing With Lions, by trader X