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Intro To Commodity Trading

commodity_trading

This course is a broad overview and discussion of the salient subject areas that one will need to navigate to fully understand the commodity space.

  • Entering Orders
  • Common Mistakes
  • Rules and regulations
  • Markets and Exchanges
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Fundamental Analysis

fundamental_analysis

Students will be introduced to what makes each of the commodity sectors tick from an international economic standpoint.

  • Grains - corn, wheat, rice
  • Metals - gold, silver, copper
  • Energies - crude oil, gas
  • Softs - coffee, sugar, cocoa
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Technical
Analysis

technical_analysis

This course sets the record straight about what is a predictive indicator and what is a lagging indicator in the commodity markets.

  • Studies in Price
  • Volume & Open Interest
  • Technical Indicators
  • Markets in Backwardation
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Trading
Psychology

trading_psyc

This course discusses the successes and failures of some of the greatest traders and what the psychological issues were at the time.

  • Trading Systems Psychology
  • Types of Orders Psychology
  • Margin & Leverage Psychology
  • Self-Awareness
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Books I Loved in 2009

December 30 2009 | 12:50 pm PST

I’ve read my share of books and I consider myself a voracious reader: I love to read. I have an e-book reader, but there are certain books that I think you need to hold in your hand, so I read both.

You can tell about my reading preferences a little, because most of the podcasts I’ve done are with authors about their books. At the very least, the guests have written a book or two during their careers.

If I’ve done a podcast, you can bet that I thoroughly enjoyed the book and thought it would be interesting to get inside the author’s head by recording the conversation and making it available to all of you for free. You can also subscribe to them via iTunes if you want.

However, sometimes I take it a step further and I blog about it at Mises or HP, and write a review at Amazon.com.

As far as Recommended Reading lists are concerned, I still believe in all the classics, however, I’m sure that there is not much insight I can provide that hasn’t already been delineated – that’s why they’re classics. Hence, I’ll spare you the blathering.

Here are some books that I’ve read in 2009 that I enjoyed, in no particular order. Some were for fun some for business. I generally have no use for fiction, as you can tell. I don’t need the $1.17 in commissions from Amazon Affiliate Marketing, so you’ll have to go to Amazon.com yourself and look them up. I’ve noted where I’ve done a podcast with the author at MartinKronicle.com or an Amazon Book Review.

Recommended Reading

How We Decide by Jonah Lehrer

Bailout Nation by Barry Ritholtz (Podcast)

The Dollar Meltdown by Charles Goyette (Podcast & Amazon Review)

Trend Following by Michael Covel (Amazon Review)

A Gift To My Children by Jim Rogers (Podcast)

Trader Vic on Commodities by Victor Sperandeo (Podcast)

The Devil We Know by Robert Baer

Animal Spirits by Akerlof & Shiller

The King of Oil by Daniel Ammann (Podcast & Amazon Review)

Whispers From Eternity by Paramahansa Yogananda

One Of A Kind by Dalla & Alson

Catch Me If You Can by Abagnale with Redding

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  • c_mcneill
    Covels book is great, read it twice. A good book I read this year.. The First Billion is the Hardest by T. Boone Pickens.
  • MichaelTatman
    I really like your reading list...a couple of those books I want to read myself. Have you ever read Tao Te Ching (Stephen Mitchell vrsn.)? That book, along with Reminiscences of a Stock Operator seem to always follow me around. Tao Te Ching is what helped me come to know trendfollowing before I even knew it could be used in the markets. Also, Covel did an excellent job of explaining to me the general approach to following price. I would say those are probably my top 3 books of all time. I do own a copy of TT as well...also good. I hope to see you with your own book someday...I think you would come up with something great.
  • martinkronicle
    I have all three and have read them. Re: TT - like yoga - you have to be there to fully experience it, not something you can really get from a book. I told the author as much when he was writing it, but it's still worth the read.
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