Must Read Commodity Trading Books

Whether you are starting out in the world of trading commodities or you have been trading for years, there are a number of books that every trader or investor should read. It is always helpful to expand our horizons by incorporating the knowledge and experience of others into our own metal database. Anyone interested in the commodity and futures markets should find these books extremely beneficial.

Reminiscences of a Stock Operator by Edwin Lefevre

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Reminiscences of a Stock Operator is an all-time classic on trading.  The original version came out in the 1920s and it highlights the legendary trader Jesse Livermore. Over the years, the basic principles of trading have not changed.  Jesse Livermore made and lost several massive fortunes in stocks and commodities. This book is entertaining and anecdotal and remains one of the best books ever written on the subject of trading. 

Trading By The Book by Joe Ross

Trading By The Book is a complete book on trading.  Joe Ross has been a trader and an educator for decades and conveys his trading methodology and approach to markets in a clear and concise fashion. A down to earth approach to teaching about the markets makes this work particularly appealing. 

Come Into My Trading Room - A Complete Guide to Trading by Dr Alexander Elder

Come Into My Trading Room is an excellent book on the workings of the mind of a successful trader.  Dr. Alexander Elder is a trader and a practicing psychiatrist - there is a psychological angle to trading. Understanding our motivations can only help to improve trading and investment performance. Dr. Elder's work is comprehensive, covering everything from formulating a trading strategy to implementation while it does a great job explaining the psychological aspects of trading.  Dr. Elder describes his trading strategy in great detail and the reader will be able to develop a solid trading plan after reading his book. 

How to Make Money with Commodities by Andrew T. Hecht

My book, published in 2013, is a guide for investors and traders of all levels looking to understand the world of physical and derivative trading in commodities. The book covers everything from fundamental to technical aspects of the market and gives a brief synopsis on the major commodity sectors and individual commodities within each sector. Developments in the commodity market affect our daily lives as well as our investment portfolios. This book will provide you with a background in the raw material markets and an understanding of both the physical and derivative worlds. Buy from Amazon