A Trader's First Book on Commodities: An Introduction to ...

Praise for A Trader's First Book on Commodities,

First Edition

"This book provides the type of information every trader needs to know and the type of information too many traders had to learn the hard and expensive way. Carley offers practical need-to-know, real-world trading tips that are lacking in many books on futures. It will help not only the novice trader, but seasoned veterans as well. This book will serve as a must-have reference in every trader's library."

--Phil Flynn, Futures Account Executive at Price Futures Group, and a Fox Business Network contributor

"Refreshing--It's nice to see a broker who has actually been exposed to the professional side of trading and who bridges that chasm between exchange floor trading and customer service. Carley takes the time to explain verbiage, not just throw buzz words around. A good educational read in my opinion."

--Don Bright, Director, Bright Trading, LLC

"This book has the perfect name, the perfect message, and the necessary information for any beginning trader. Take this book home!"

--Glen Larson, President, Genesis Financial Technologies, Inc.

"As a 35-year veteran of the CME/CBOT trading floor, I can tell you...those who think they can begin trading commodities without knowing the less talked about topics that Carley discusses in A Trader's First Book on Commodities are sadly mistaken. Anyone who trades their own account, or would like to, should read this book."

--Danny Riley,

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A Trader's First Book on Commodities

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A Trader's First Book on Commodities

An Introduction to the World's Fastest Growing Market, Second Edition

Carley Garner

Vice President, Publisher: Tim Moore Associate Publisher and Director of Marketing: Amy Neidlinger Executive Editor: Jim Boyd Editorial Assistant: Pamela Boland Operations Specialist: Jodi Kemper Marketing Manager: Megan Graue Cover Designer: Chuti Prasertsith Managing Editor: Kristy Hart Project Editor: Jovana San Nicolas-Shirley Copy Editor: Krista Hansing Editorial Services, Inc. Proofreader: Seth Kerney Senior Indexer: Cheryl Lenser Compositor: Nonie Ratcliff Manufacturing Buyer: Dan Uhrig

? 2013 by Pearson Education, Inc. Publishing as FT Press Upper Saddle River, New Jersey 07458

This book is sold with the understanding that neither the author nor the publisher is engaged in rendering legal, accounting, or other professional services or advice by publishing this book. Each individual situation is unique. Thus, if legal or financial advice or other expert assistance is required in a specific situation, the services of a competent professional should be sought to ensure that the situation has been evaluated carefully and appropriately. The author and the publisher disclaim any liability, loss, or risk resulting directly or indirectly, from the use or application of any of the contents of this book.

There is substantial risk of loss in trading futures and options. It is not suitable for everyone.

FT Press offers excellent discounts on this book when ordered in quantity for bulk purchases or special sales. For more information, please contact U.S. Corporate and Government Sales, 1-800-382-3419, corpsales@. For sales outside the U.S., please contact International Sales at international@.

Company and product names mentioned herein are the trademarks or registered trademarks of their respective owners.

All rights reserved. No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher.

Printed in the United States of America

First Printing December 2012

ISBN-10: 0-13-324783-X ISBN-13: 978-0-13-324783-1

Pearson Education LTD. Pearson Education Australia PTY, Limited. Pearson Education Singapore, Pte. Ltd. Pearson Education Asia, Ltd. Pearson Education Canada, Ltd. Pearson Educaci?n de Mexico, S.A. de C.V. Pearson Education--Japan Pearson Education Malaysia, Pte. Ltd.

The Library of Congress cataloging-in-publication data is on file.

This book is dedicated to the resiliency of the futures industry, the city of Chicago, whose capitalistic drive opens the door to success,

and loyal DeCarley Trading clients.

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