Getting Started in Commodities shows you how to successfully invest in the commodities market in futures, stocks, stock indices, and options. The book explains how the commodities market works as well as how investors can identify and track commodity opportunities — using fundamental factors such as supply and demand and technical analysis tools. Fontanills, a seasoned trader and educator, also explains the basis of money management, teaches you how to find the best broker, and how to read seasonal chart patterns. Finally, he explores how to build a winning system and test and adjust it for success. Helpful appendices of contract specifications and additional readings are also included.
Introduction:
Opportunities to make money in the commodities markets have never been better. Not only have the costs of trading come down, but technology has made the process a lot faster and more efficient. It’s easier than ever for individuals to make profits and develop an income stream trading commodities. Meanwhile, the number of products has grown exponentially; countless opportunities exist today that simply weren’t available a few years ago.
Yet, while the commodities markets offer a plethora of trading opportunities, entering the futures arena might seem daunting for the inexperienced trader. I am constantly amazed by all of the questions and misconceptions I’ve heard about commodity trading. How much capital do I need? How does it all work? Why should I even bother? What kind of commodities can I trade? Isn’t it too complex and risky for the average investor? If I don’t know what I’m doing, will I wake up one morning to find 100,000 bushels of corn in my front yard?
This is the beauty of the book you are about to read. In Getting Started in Commodities, George Fontanills demystifies commodities trading. The truth is that commodities are an important element of diversification that most investors don’t know enough about. Since very little correlation exists between commodities prices and other financial markets, adding commodities to your portfolio—especially if you already own stocks or bonds outright or through mutual funds—can create some necessary diversification and actually lower your vulnerability to market volatility.
Although you might not realize it, you already have experience with many commodities. Gasoline is just one example. If you drive up to the gas pump and prices are $2.50 one day and then $2.60 a week later, you have personally experienced how a commodity’s price can change over time. In the first few chapters, George Fontanills shows the reader how to take advantage of everyday life experiences and translates this knowledge into profit-making trading techniques.
Many books teach strategies, but can’t really tell you what type of trading is right for you. In this book, strategy selection is discussed in detail, as well as the psychology required to implement them. When reading through the text, keep in mind that there are many ways to participate in the various commodities markets, each with its own unique characteristics. For example, both gold futures contracts and gold exchange-traded funds (ETFs) offer ways to participate in the price moves of this precious metal. However, these two investment vehicles have very different characteristics.
Contents:
- What Is a Commodity?
- How the Commodities Markets Work
- Commodity Trading in the Stock Market
- Commodity Trading in the Index Markets
- Fundamental Analysis of the Commodities Markets
- Technical Analysis of the Commodities Markets
- Elliott Wave Trading for Commodities
- Options Trading in the Commodities Markets
- Money Management: Staying in the Game
- Psychology 101:Winning the Mind Game
- Trading Commodity-Related Growth Stocks
- Seasonal Commodity Patterns
- Brokers and the Online Revolution
Getting Started in Commodities By George A. Fontanills pdf
Joey Cantu (verified owner) –
Excellent book
Noor McKay (verified owner) –
This is the first negative review I’ve done for a book but It had to be done. I know absolutely nothing about commodities and this book still did not teach me anything new. The book doesn’t cover the influences of supply and demand, doesn’t list all the commodities and what influence them. Most of the book is a primer on Technical Analysis.
Troy Gilmore (verified owner) –
Excellent for the beginner. Gives plenty of details on everything you might want to know if your new to the topic of commodities.
Mohamed Shepard (verified owner) –
I am convinced that the best way to make money in commodities or options is to rehash info and write another book and then get people to buy your book. You certainly won’t learn anything in this book to trade on.
Chanel Santana (verified owner) –
Phenomenal book loaded with useful information for the novice or aspiring commodities trader. I’m outright confused by the negative reviews of this book claiming there is no useful information. The book is geared toward the individual looking to get “started” in commodities, as is clearly stated in the title. Negative reviewers… what are you searching for? This book serves as a solid foundation for the individual seeking to familiarize themselves with the complex world of commodities trading. It goes above and beyond that of just being a primer.
This book is a great intro to the essentials, including a synopsis on the various markets and exchanges; in depth explanations on technical & fundamental analysis techniques; risk management; money management; & psychology.
I commend and thank George Fontanills for obviously putting such time and effort into this book. Loaded with great info and resources to point the reader in the right direction, Getting Started in Commodities is a solid investment that I will continue to study, build upon, & refer to often.
Noel Montoya (verified owner) –
“George Fontanills brings an options guru’s spin to the commodities markets. This kind of ‘risk managed’ perspective makes this book a must-read for any commodities trader.