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A Maniac Commodity Trader's Guide to Making a Fortune
Book

A Maniac Commodity Trader's Guide to Making a Fortune

A Not-So Crazy Roadmap to Riches

Wiley, 2007 plus...


Editorial Rating

6

Qualities

  • Overview

Recommendation

If you are looking for a strong point of view that boosts the optimists’ side of commodities trading, this is it. But Kevin Kerr’s assurance that you can make money by trading commodities does not take into account the real risks involved, and could mislead potential traders. The truth is that the odds are stacked strongly against any investor, particularly in the now nearly-extinct open-outcry pit trading that Kerr discusses at length. However, his rundown of the basic facts about the commodities markets will give you a start in learning about this arcane investment science. getAbstract suggests that it may fit in as one among many texts you might want to study before jumping into the pit.

Take-Aways

  • Trading commodities is exciting and stressful.
  • The commodities markets are going through a boom period.
  • It takes self-discipline to be a successful trader.

About the Author

Kevin Kerr is editor of Resource Trader and co-editor of Outstanding Investments. He is a correspondent for MarketWatch from Dow Jones, and a frequent contributor to Barron’s and the Wall Street Journal.


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