Essentials of Trading review of ATFBC
John Foreman of The Essentials of Trading recently reviewed "A Trader's First Book on Commodities" by Carley Garner of DeCarley Trading. Here is what he had to say:
I was recently given the opportunity to read Carley Gardner’s new book,A Trader’s First Book on Commodities. I think Gardner, who’s bio lists her as Senior Market Analyst and Broker with DeCarley Trading, as well as a columnist for Stocks & Commodities, has put together a pretty solid introduction to futures trading. Notice I use the term “futures” there rather than “commodities”, though. The book title tends to reinforce the view that commodities and futures are the same thing. The markets were effectively the same thing for many years, but the advent of financial futures a couple decades back means commodities are in reality just one facet of the futures markets at this point. Gardner’s writing doesn’t restrict itself just to commodities in her discussion of futures trading, though.
That little terminology nitpick aside, like I said, it’s a solid introductory book. One of its strengths is that Gardner spends more time than most authors do talking about the brokerage side of trading. It’s something a lot of users are likely to benefit from as they make their own trading plan decisions.
In standard introductory trading book fashion, the book also covers the usual material on market history, market structure, margin, terminology, instruments, order types, and quotes. She’s also got solid discussions on the subject of trading as a business and the emotional side of playing the markets.
For more information on A Trader's First Book on Commodities by Carley Garner, visit http://www.atradersfirstbookoncommodities.com/