All About Commodities (All About Series)


During the average trading day, trillions of dollars’ worth of commodities change hands. If you want to snatch some profits from this booming market, you fi rst need to understand all the fundamentals—and All About Commodities is the place to go.

Without the confusing jargon and complex language of other investing guides, this book uses simple language to explain what drives price fluctuations of commodities—from energy, industrial metals, and mines to livestock, agriculture, and precious metals—and how to design a powerful, reliable strategy for profi ting from them. Learn everything there is to know about:

  • Using futures and options to enter the commodities market
  • Risks unique to commodities trading—and how to manage them
  • Ways to identify important patterns to steer your investing decisions
  • The benefits and disadvantages of commodity funds

Price: $22.00

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GO Markets are named the best FX Broker in the Oceania

Global news leader International Business Times ( and market research firm Forex Datasource ( announced the results of the 2010 FX Traders’ Choice Awards during an award ceremony held in New York City on Aug 30, 2010.

This year, a total of 10 retail FX broker firms were honored from a pool of close to 90 brokers nominated by more than 1000 traders in 111 countries. The FX Traders’ Choice Awards offer the highest recognition a broker firm could receive and the most reliable results to traders within the fast growing retail Forex trading market.

Because of significant disparities in broker preferences from people in various continents, the FX Traders’ Choice awards fall into two major categories: brokers with the widest client acceptance worldwide and brokers with the highest client satisfaction by continent.

Among this year’s winners, Australian broker GoMarkets was named Best FX Broker for Oceania.

Sonny Kwon, co-organizer of the Awards and Head of Development at IBTimes, added: “GO Markets has one of the highest net promoter scores in the industry meaning that it knows how to deliver client satisfaction consistently.”

Full results to the 2010 FX Traders’ Choice Awards can be viewed at the official awards website:

GO Markets offers online Forex trading with accounts for beginners and the more advanced traders using the MetaTrader4 platform. Start currency trading with an award-winning provider featuring Straight Through Processing and FX spreads from 0.5 pips.

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Delta Neutral Trading Guide Plus MS Excel Software

Our software and book offers you the best of both words as it pertains to how to trade without regard to whether the market (or a stock, option, or future) is going up or down! You will learn everything you need to know about non-directional market trading strategies that allow you to profit despite whether the market (or a particular stock or security) is going up or down. Specific topics and MS Excel Software Modules include dividend investing, hedging, delta neutral trading, convertible arbitrage, market making, starting an investment business, starting a hedge fund, covered calls, covered puts, principally protected investing, developing trading operations, real estate investment strategies, private investments, royalty based financing, entrepreneurship, shorting the box trading strategies, and treating your trading like an inventory business. As stated above, you will receive proprietary and easy to use MS Excel programs that you can use to assist you in your day to day trading and investing activities.

Price: $ 245

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Milton Financials

France’s junior ecology minister Chantal Jouanno has told Milton Financials’ sources that the European nation is ready to consider proposals to develop offshore wind farms and the initial round of requests would be for proposals to provide three gigawatts (GW) of capacity as the country seeks to develop and increase experience in offshore wind technology.

"It will be this week or next, it is imminent," Jouanno told reporters, adding that a second round of tender requests would also be launched for another series of offshore wind farms of the same size at a later stage to help toward a target of 6GW production by 2020.

"The investment for the first 3 GW of capacity could amount to €10 billion ($14 billion)," Milton Financials believes a source at the ecology ministry said.

"About 10 locations have been identified in the English Channel, the Atlantic Ocean and the Mediterranean Sea. The first offshore wind farms should start operations in 2015," the ministry spokesman said.

Turbine manufacturers such as Denmark’s Vestas Wind Systems, Germany’s Repower and the French firm Alstom are expected to be among the companies submitting tenders to develop the wind farms while a number of Frances leading utilities including EDF, GDF Suez and EDF Energies Nouvelles may all submit proposals to operate the projects, Milton Financials was told. Milton Financials is a dedicated, independent broker providing the market insight and investment advice that corporate, institutional and private clients trust.

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AlgoSignal's Market Forecasting Technology Achieves Global Reach

AlgoSignal ( reported that since the release of its QNTM™  Market Forecasting Technology, it has reached active users and affiliates in North America, Asia, Africa and Europe, including countries such as the United States, Canada, Australia, Indonesia, Germany, Greece, Israel, Italy, Morocco, Nigeria and the UK.

The QNTM™ product mix, which covers Forex, Gold, Silver and U.S. Equities, has allowed traders and investors to take advantage of a technology that can level the playing field between themselves and the institutional traders. This is especially important given the fact that retail online traders have gone from 5 million users to approximately 50 million users in less than a decade.

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DecisionBar Trading Software - 60 day License

60 Licence for DecisionBar Trading Software Minimum Requirements: Windows 2000 800 MHz Pentium III or compatible 15" or larger monitors with 1024x768 resolution 256 MB RAM 40 MB available disk space 56K modem or higher, DSL or cable modem with an ISP Microsoft Internet Explorer 6.0 Recommended: Windows 2000, Windows XP, Vista, Windows 7 1.2 GHz Pentium 4 or compatible 17" or larger monitor(s) with 1024x768 resolution 512 MB RAM 40 MB available disk space DSL, cable modem, ISDN, T1 or T3 Internet connectivity Microsoft Internet Explorer 6.0

Price: $ 125

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FXCM and Gain Capital ( Q4 results - Lessons Learned

Now that both Gain Capital and FXCM have announced their final results for 2010 (as well as recent results releases and announcements by others such as IG Group, London Capital Group, and FxPro), what exactly have we learned about these firms, and the overall state of the global Forex market?

A few observations:
1) It is possible for a retail Forex broker to build up a significant institutional business.
2) The “Wall Street” types really do not (yet) understand this industry.
3) Growth has slowed, but is still there.

Now, for the details……

1)  Building an Institutional Business

Although the stock market has not been very impressed, we were when it came to Gain Capital’s results in building an institutional business. We believe that Gain succeeded in continuing to grow business significantly in 2010, where some others failed, mainly due to its successful launch of institutional trading via Gain GTX, its ECN for institutional traders.

In conversations with several firms worldwide, big and small, it seems to us that (virtually) all Forex firms want to attract larger and more stable high-net-worth retail and institutional clients, yet most are having trouble doing so. In its Q4 results presentation, Gain shows that its institutional volume grew from near nil in 2009 to more than 15% of its total volumes in 2010, hitting 22% of volume in Q4! Without the new institutional piece, Gain’s volume growth in 2010 would have been just 6.3%, versus its reported total of 25.5% growth. By contrast, FXCM – which launched an institutional effort well before Gain – did less than 9% of revenue in Q4 with institutional clients. With its rapidly growing institutional business, we believe that Gain is (slowly) closing the gap on FXCM as the #1 US-based Forex firm.

As Gain is showing us, it can be done.

2)  Wall Street and the Forex Industry

It has not exactly been smooth sailing for either FXCM or Gain Capital / since going public late last year. Both companies have seen their stock drop since going public – FXCM by 9%, Gain Capital by 11% (and that after Gain reduced its planned IPO price from $13-$15 to $9 per share at pricing!) – following on the combination of so-so results, lawsuits filed against Forex companies, and downgrades from Wall Street research analysts.

What surprised us, however, was the sudden about-face taken on the industry by the very Wall Street firms which took them public. In December a gaggle of Who’s-Who investment banks underwrote the IPOs of FXCM and Gain. And not surprisingly, the research analysts at these firms issued glowing recommendations of these stocks, with near-uniform price targets. For example, by mid January each of Citi, UBS, Barclays and Sandler O’Neill had $18 price targets for FXCM, JP Morgan had $17. (Aside: I thought that the days of “IPO Gamesmanship”, and promising positive research coverage were over! Are these “research analysts” each really doing their own real research and coming – amazingly – to the same “independent” conclusions, or just lemmings following one another off the cliff?)

By mid February, just 3-4 weeks after issuing their lofty price targets and glowing recommendations following (supposedly) months of doing research, some of these analysts suddenly realized that the numbers – to quote Citi analyst William Katz – “begin to suggest potentially greater maturity in the business than previously contemplated”. How could just one news release from FXCM (which did not provide such bad or different news from previously released) suddenly cause Wall Street to come to this conclusion? In our view, the Wall Street analysts did not do nearly enough work (if any) from the outset to truly understand the industry and its dynamics. Had they, they should have seen what we had, as we reported on falling / slowing trading volumes back in early December in our Industry Report and in early January in our predictions for 2011. Clearly, Wall Street has not yet done its homework on the online Forex industry.

3)  Growth has slowed, but is still there

Continuing the theme from above, online Forex brokers had a so-so year volume growth and profit-wise in 2010. Markets and the online advertising universe are slowly becoming saturated. Regulation has made business more costly and has cut volumes (mainly via leverage limitations) in several key geographies, notably the US and Japan. And while the higher regulatory bar has also significantly increased the barriers-to-entry for new aspiring competitors, some larger players in the securities and trading business are entering or looking seriously at entering the industry – a thank-you to Adam Kritzer’s blog for pointing this out.

The firms which are continuing to show growth are those which, in our view, are continuing to innovate. For example:
-   Gain Capital successfully launching a branded institutional product.
-   Saxo Bank inking several large and serious White Label clients, such as Citigroup and more recently Microsoft’s MSN.
-   AvaFX introducing a branded debit card, allowing clients to have access to the funds in their Forex accounts everywhere they go.

It is becoming very clear that as this industry continues to mature and (somewhat) commoditize, Forex brokers are going to need to actively innovate in order to grow and survive.

And finally, one brief prediction – February will turn out to be a great month for the Forex brokers (albeit having the fewest number of total trading days), due to the volatility in virtually all markets following the events in Egypt, Libya, Tunisia, Bahrain, et al.:
-   The Dow climbed from 12,000 to about 12,400, only to fall back to 12,000,
-   The EURUSD fell from above 1.38 down to below 1.35, then back up again,
-   Crude Oil prices bounced from the mid-$80’s up to above $100 a barrel,
-   Gold climbed steadily to well above $1,400 an ounce.
And in simple Forex mathematics, increased volatility = increased trading volume = increased revenues and profits for the Forex brokers.

Which Forex firm should I trade with?
LeapRate's Approved Forex Firms list ( ) can help you answer that question. LeapRate is an independent research and advisory firm, covering the world of online Forex and CFD trading. Our Approved Firms list highlights Forex firms which in our view do things right – in terms of adherence to proper procedures, regulation, custody of cash, quotes to clients and risk management techniques, among others. LeapRate is followed by thousands of investors and other Forex industry participants via Twitter, email, and our website at

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Broker Dealer Operations Under Securities and Commodities Law (Securities Law Series)

This digital document is an article from Encyclopedia of American Industries, brought to you by Gale®, a part of Cengage Learning, a world leader in e-research and educational publishing for libraries, schools and businesses. The length of the article is 923 words. The article is delivered in HTML format and is available in your Digital Locker immediately after purchase. You can view it with any web browser. Essays by subject experts treat concepts and doctrines, policymaking, commerce and science, human rights and arms control, with specific articles on topics ranging from anti-imperialism to environmental diplomacy, from refugee policies to terrorism and countermeasures.

Price: $ 125

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Peak Commodities is First to Offer Direct Online Trading in Uruguay Market

Peak Commodities, the specialist in online trading and investment, has launched four futures that will, for the first time, offer investors who are not residents in Uruguay direct access to the Uruguayian market. The products include the cross and enable investors to gain exposure to one of the currently most buoyant economies and hedge risks in their portfolios.

With this launch, Peak Commodities provides investors with four futures investment instruments that are available from August 15, 2011 on all of the bank's platforms.

Moreover, Peak Commodities expands its coverage to over 20 futures markets and more than 80 trading venues which can be accessed via a product range comprising more than 22,000 financial instruments.

In a statement, Sam Mendez, director of the Latin region for Peak Commodities, says:

"The rise in commodity prices has put Uruguay on investors' radars. Its excellent economic growth, political stability and a liquid market where over 3.5 billion US dollars are traded on a daily basis have made the country the clear leader in Latin America at a time when investors increasingly demand greater access to emerging markets".

Hiro Yoshi, Executive Vice President and Head of Markets at Peak Commodities, adds:

"The launch of futures trading in Uruguay marks a significant milestone for Peak Commodities, and we are proud to be able to offer our global client base access to this vibrant economy. We look forward to expanding the list of available instruments in Uruguay and to further add trading venues in emerging countries to our platform."

About Peak Commodities
Peak Commodities is a leading online trading and investment specialist with a worldwide client base. The three specialised and fully integrated trading platforms; Peak Asset Management accommodates high-net worth private clients and institutional investors. In 2010 Peak Commodities continued the diversification of its business. To learn more visit

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Commodities For Dummies

Get more bang for your buck in the commodities market and start trading today

While Wall Street has been troubled, commodity markets have been soaring. Since 2002, commodities have outperformed every other asset class including stocks, mutual funds, and real estate. This hands-on, friendly guide gives you the basics on breaking into the market, dispels common myths, and shows you how to implement a wide range of trading and investing strategies. It also helps you diversify your portfolio, measure risk, and apply market analysis techniques.

  • Expanded coverage of the types of commodities available to investors
  • Advice on how to manage the risks and rewards of commodities
  • Updated examples and information on SEC rules and regulations (and tax laws)

Featuring time-tested rules for investment success Commodities For Dummies helps you minimize risk, maximize profit, and find the shortest route to Easy Street.

Price: $24.99

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Timothy Looney named president and Chief Financial Officer of Stock USA running Services, Inc.

Timothy Looney joined Stock USA execution Services, Inc. President and Chief Financial Officer. Mr. Looney was president during the formative years of the execution of Stock USA Services, but it returned beyond December as a successor to the former president.

During the absence of Mr. Looney Stock USA execution Services, he honed his financial skills at Westport resources, serving their Chief Financial Officer. WINS a new perspective during his stay at the hotel: Westport resources, Mr. Looney became a valuable tool for the future of the USA Stock. "We are very pleased to welcome Tim back to his role as president. "His attention to detail and style of productive leadership will be key elements for the company in 2013 and beyond."says Executive Director of operations, Daniel Bardelli. "I appreciated the opportunity to come back in Stock, USA. Stock USA is a fantastic organization with a great culture. The company has always been customer centric, offering its clients the best of pricing, execution and support. », said Tim Looney.

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Come Into My Trading Room: A Complete Guide to Trading

The trading bible for the new millennium

In Come Into My Trading Room, noted trader and author Dr. Alexander Elder returns to expand far beyond the three M's (Mind, Method, and Money) of his bestselling Trading for a Living. Shifting focus from technical analysis to the overall management of a trader's money, time, and strategy, Dr. Elder takes readers from the fundamentals to the secrets of being a successful trader--identifying new, little known indicators that can lead to huge profits.

Come Into My Trading Room educates the novice and fortifies the professional through expert advice and proven trading methodologies. This comprehensive trading guide provides a complete introduction to the essentials of successful trading; a fresh look at the three M's, including a proven, step-by-step money management strategy; and an in-depth look at organizing your trading time. Come Into My Trading Room reviews the basics of trading stocks, futures, and options as well as crucial psychological tactics for discipline and organization—with the goal of turning anyone into a complete and successful trader.

By showing traders how to combine the elements of mind, method, and money, Come Into My Trading Room gives readers the knowledge and insight to enter the market with confidence and exit with profits. Unparalleled depth and a wide range of coverage will keep all levels of traders engaged, informed, and returning to Come Into My Trading Room again and again.

Dr. Alexander Elder (New York, NY) is a professional trader, technical analysis expert, and practicing psychiatrist. He is the founder of Financial Trading Inc., providing intensive trading camps to traders all over the world. Elder's first book Trading for a Living (Wiley: 0471592242) and the companion study guide have sold over 160,000 copies.

Price: $65.00

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Saxo Bank publishes OTC FX Options market information and client position data

Saxo Bank, the specialist in online trading and investment, is first to publish market data from the FX Options OTC market. The data, which will be published three times a day on, will greatly enhance traders' understanding and ability to profitably trade FX as an asset class.

This initiative signifies Saxo Bank's unique position as a leading market maker in the interbank OTC markets and exemplifies the value that Saxo Bank's active participation offers to its FX clients.

Information included in the posts is:
- ATM volatilities, which shows the change in volatility of currency pairs
- 25-Delta Risk Reversal, the most widely used parameter in gauging market direction
- OTC Volume index, based on interbank OTC FX Options trade activity
- Market Pin Risk, which shows large strikes that have traded in the interbank market and may act as magnetic levels for the spot price in the future
- Charts, the graphical illustration of Risk Reversals and Implied vs. Historic Volatility
- Retail Position Ratio, which shows client sentiment (bullish/bearish) based on actual client positions
- Current FX Options Board Prices, which allows interested parties to see the competitiveness of Saxo Bank’s streaming quotes

Events in the OTC FX Options market have a direct impact on the development in the Forex spot market. Therefore, this type of data has historically been extraordinarily difficult and costly for traders to acquire. Saxo Bank is making this information publicly available to anyone interested in the Forex market, the largest and most liquid market in the world.

In a statement, Edward Voorhees, Global Head of Foreign Exchange at Saxo Bank, said: "For market makers in the OTC FX Options market the trend has for some years been risk aversion, which has led to major institutions dramatically reducing their market making activities. Saxo Bank has remained very committed to its market making activities in the FX options ( ) space. The reward for being an active market participant is the valuable insight we gain. The options team at Saxo Bank is very proud to be able to share these insightful flow details with all our clients at no added cost.

"It is no longer a question whether the Forex ( ) market will become more transparent or not. By making this kind of data publically available Saxo Bank is taking an active role in this development. It is imperative to Saxo Bank to build long lasting client relationships. Among other things, we do this by supporting and educating our clients.

"We are proud to now offer everyone information of this quality, especially given the history that it has previously been almost unobtainable by traders."

About Saxo Bank:
Saxo Bank is a leading online trading ( ) and investment specialist with a worldwide client base. The three specialised and fully integrated trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader application are available in over 20 languages. Saxo Asset Management accommodates high-net worth private clients and institutional investors. In 2010 Saxo Bank continued the diversification of its business with acquisitions of Saxo-E*Trade Bank, a specialist in online investment, and Brørup Sparekasse, a Danish savings bank. The Saxo Bank Group is headquartered in Copenhagen with offices throughout Europe, Asia, Middle East and Australia.

PR Contact:
Kasper Elbjorn
Saxo Bank Corporate Communications
Saxo Bank
40 Bank Street
Canary Wharf
E14 5DA
+45 3065 4300

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DecisionBar Trading Software - Yearly License

1 Year Licence for DecisionBar Trading Software Minimum Requirements: Windows 2000 800 MHz Pentium III or compatible 15" or larger monitors with 1024x768 resolution 256 MB RAM 40 MB available disk space 56K modem or higher, DSL or cable modem with an ISP Microsoft Internet Explorer 6.0 Recommended: Windows 2000, Windows XP, Vista, Windows 7 1.2 GHz Pentium 4 or compatible 17" or larger monitor(s) with 1024x768 resolution 512 MB RAM 40 MB available disk space DSL, cable modem, ISDN, T1 or T3 Internet connectivity Microsoft Internet Explorer 6.0

Price: $ 450

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With eyes on Europe, U.S. stocks plunge

U.S. stocks fell the most in 14 months last week on concern Europe's leaders cannot contain the government debt crisis. A rout Thursday briefly erased more than $1 trillion in market value as the Dow fell almost 1,000 points, its biggest percentage loss since 1987, before paring losses.

Industrial and materials companies led declines in the Standard & Poor's 500-stock index as all 10 industry groups fell. Alcoa, General Electric, Hewlett-Packard and American Express led the Dow lower, each tumbling at least 10 percent. All 30 Dow stocks dropped except Kraft Foods.

The S&P 500 slumped 6.4 percent to 1,110.88, wiping out its advance for this year. The Dow lost 628.18 points, or 5.7 percent, to 10,380.43. Both had the largest weekly losses since March 2009.

"We have a massive debt bubble globally and it's going to take a decade or more to get back to reasonable, sustainable levels," said George Feiger, chief executive of Contango Capital Advisors. "There's this deep need to believe that the problems are over but the old system, the old opportunities, aren't coming back, at least not for many years."

Federal regulators are reviewing Thursday's plunge to determine whether the fivefold increase in the number of American equity exchanges has left them unable to manage surges in volume. The SEC will also examine if controls weren't in place.

The Treasury will sell $26 billion in three- and six-month bills on Monday. They yielded 0.14 percent and 0.20 percent in when-issued trading. The U.S. government also plans to sell $38 billion in three-year notes Tuesday, $24 billion in 10-year Treasury notes Wednesday and $16 billion in 30-year bonds Thursday. They yielded 1.35 percent, 3.43 percent and 4.28 percent in when-issued trading.

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Commodity Risk Management: Theory and Application

Commodity Risk Management goes beyond just an introductory treatment of derivative securities, dealing with more advanced topics and approaching the subject matter from a unique perspective. At its core lies the concept that commodity risk management decisions require an in-depth understanding of speculative strategies, and vice versa. The book offers readers a unified treatment of important concepts and techniques that are useful in applying derivative securities in the management of risk in commodity markets. While some of these techniques are well known and fairly common, Poitras offers applications to specific situations and links to speculative trading strategies - extensions of the material that not only are hard to come by, but helpful to both the academic and the practitioner.

The book is divided into three parts. The first part deals with the general framework for commodity risk management, the second part focuses on the use of derivative security contracts in commodity risk management, and the third part deals with applications to three specific situations.

As a textbook, this book is designed to appeal to classes at a senior undergraduate/MBA/MA levelof training in Finance, financial economics, actuarial science, management science, agriculturaleconomics and accounting. There will also be interest for the book as: a monograph for research libraries, a handbook for individuals working in the commodity risk management industry, and a guidebook for those in the general public interested in topics like farm risk management or the assessment of hedging practices of publicly-traded commodity producers.

Price: $59.95

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$750 Prize For Clients Every Day From Forex4you

Christmas is coming and, a dynamic web trading platform, is spreading holiday cheer with a simple and appealing holiday bonus offer. Each day, a winner with a Forex4you Classic or Pro client account receives 500$ and for a Forex4you Cent account the prize is 250$. The offer lasts from the 21st of November till the 20th of December.

To automatically qualify for the daily random drawing that will determine the lucky winner of the day, clients simply have to make one profitable trade that is opened and closed on that day.

“Getting a gift at Christmas always feels special. At this holiday we always express gratitude to others for love or for successful co-operation. Also Forex4you wants to greet all its loyal as well as new clients, presenting them 16 500 USD in total this Christmas,“ said Maxim Lebedev, COO of Forex4you. “Our clients make hundreds of successful trades every day and now we’re adding that extra Christmas touch of fun. With this “one profitable order” lottery we want to send out a positive vibe to all traders. Even if they won’t all be winners of the draw, they can still have that winning transaction and look forward to a happy holiday period.”

The total prize fund is $16,500. One client can win an unlimited number of times. Only those profitable orders which are opened and closed the same day are entered into the daily drawing.

About Forex4you
Forex4you is part of the E-Global Trade & Finance Group, Inc. which started its operations on 2007 with just seven employees but by the middle of 2011, rapidly growing company employed already nearly 100 employees. Today, Forex4you has a global presence serving customers in more than 150 countries around the world offering wide range of forex trading services, flexible trading conditions, financial bonuses and benefits as well as comprehensive customer support and IT infrastructure. More information can be found on or by phone
+44 207 193 9932.

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Commodity Brokers

This digital document is an article from Encyclopedia of American Industries, brought to you by Gale®, a part of Cengage Learning, a world leader in e-research and educational publishing for libraries, schools and businesses. The length of the article is 923 words. The article is delivered in HTML format and is available in your Digital Locker immediately after purchase. You can view it with any web browser. Essays by subject experts treat concepts and doctrines, policymaking, commerce and science, human rights and arms control, with specific articles on topics ranging from anti-imperialism to environmental diplomacy, from refugee policies to terrorism and countermeasures.

Price: $ 245

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Futures Trading Secrets Limited Offer

Traders in more than 30 countries have been using the Futures Trading Secrets course to improve their trading for the past 11 years. The course contains step-by-step, signal-by-signal analysis explained in CD video tutorials, a detailed instructional manual and live trading videos. The system taught in the course works for Futures, Forex, Emini, Indexes and Day Trading. Some even use it for bonds and options. Part of its popularity is the fact that there is no “fluff” or filler - just the core information traders  need to increase their success and minimize their risk.

According to Bill McCready, who developed the course in the process of teaching himself to trade, “This is possibly the last time the course will be made available to the trading public. It’s also an opportunity to enjoy significant savings ($500) on the few remaining copies in my inventory. I know from my website stats that many have been looking at it for some time. So this is their chance.” (McCready was a math and physics major and a nuclear engineer - a background that made a significant contribution to the development process.)

What the Futures Trading Secrets course offers:

•  A mathematically proven methodology that deals with the REAL nature of the markets, in ways most folks can only dream about!

•  The benefit of the 200,000+ tests the author ran just to find the combination of indicator settings that give you a 70% winning system (many of our students get even better results.

•  A simple 1-2-3 technique that provides both entry and exit signals and 3 to 1 potential for winning trades.


•  L. W., a professional trader, trading up to 1,000 eMini contracts at a time says "I have found far more valuable than the previous $40,000 dollars I have spent on systems and seminars".

•  A. P. had 8 straight winning days with a total profit of $11,436 shortly after getting the course.  Over $19,000 in the first weeks.

•  P. S. set a record of 112 points on the eMini in one day and over 330 in two weeks!

Because the U.S. and much of the world are in an extended and possible Double Dip Recession, debt and currency crisis, McCready is aware of the need to have alternative methods to ensure your cash flow, and feels that trading is the answer. It has been for nearly 1,000 of his students.

And this may be last chance to get a copy of the Futures Trading Secrets course. After August 31, 2010, McCready plans to change the way the course material, indicator settings and templates are sold - if he continues to offer it at all - and he may decide not to.  

So for the last 33 courses he’s offering a price of $997 instead of the regular price of $1,497. He notes that Shipping is always FREE - anywhere in the world.

The course can only be ordered here:
WARNING:  If you have seen the Futures Trading Secrets course being sold
elsewhere and are considering buying it from any source other than this website,
you are getting ripped off. Other sites are illegally selling stolen copies of a 10 year
old version that is obsolete. If you buy from them you are participating in illegal sale
(piracy) of intellectual property. is the only official
site where you can buy the complete course – and stay within the law.  


DAY TRADING involves high risks and YOU CAN LOSE a lot of money.
Commission rule 4.41(c)(1) applies to "any publication, distribution or broadcast of any report, letter, circular, memorandum, publication, writing, advertisement or other literature…."commission rule 4.41(b) prohibits any person from presenting the performance of any simulated or hypothetical futures account or futures interest of a CTA, unless the presentation is accompanied by a disclosure statement. The statement describes the limitations of simulated or hypothetical futures trading as a guide to the performance that a CTA is likely to achieve in actual trading. Commission rule 4.41(b)(1)(i) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

The Futures Trading Secrets course teaches how to make money trading- step-by-step w/signal-by-signal analysis explained in CD video tutorials, a detailed instructional manual and live trading videos. This system works for Futures, Forex and Day Trading.

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How To Buy Gold And Silver: 14 Industry Secrets To Buying Gold & Silver That Your Broker Is Praying You Never Discover

Are you looking for the very best way to buy physical gold & silver without getting ripped off? In "How To Buy Gold And Silver" I reveal 14 industry secrets that will give YOU the upper hand when dealing with gold and silver brokers. Now you can understand how they play the game, and make sure you win every time.

This book gets right to the point. There's no fluff. It's written for the beginner to intermediate experienced precious metals investor and is packed with real information that you can put into place immediately.

If you only get one idea from this book, it could save you thousands on your gold & silver purchases. When you are armed with this information, YOU will have the power when buying precious metals, not your broker.

You will discover:
-- How the broker system works and how the game is played.
-- Is it better to buy gold, or is silver a better investment?
-- How to buy at true, dealer-direct prices and totally cut out the broker's markup.
-- Should you buy coins, bars, bags of junk silver, foreign metals or what?
-- Can the government really confiscate your gold?
-- Are all types of precious metals purchases reportable?
-- What is the best way to sell your gold and silver?

Price: $ 500

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Wall St. gets lift from profit reports, G-20

U.S. stocks climbed for a second straight week as the Group of 20 largest economies agreed to maintain economic stimulus efforts, and profits at companies including Wal-Mart Stores and Walt Disney beat analysts' projections.

Shares of American Express jumped 8.4 percent, the top gain in the Dow Jones industrial average, as the company reported that worldwide spending by customers using its cards rose in October. Dow Chemical surged 14.8 percent as it predicted that cost cuts and rising sales will boost earnings more than analysts have estimated.

The Standard & Poor's 500-stock index climbed 2.3 percent last week, to 1093.48, following a 3.2 percent advance in the first week of November. The Dow average gained 247.05 points, or 2.5 percent, to 10,270.47. The Nasdaq composite index rallied 2.6 percent, to 2167.88.

"The consumer is going to start to come back, and it seems like the market got some confirmation of that," said Stephen F. Auth, chief investment officer for equities at Federated Investors.

The S&P 500, the benchmark for American equity, closed at its highest level in 13 months on Nov. 11, extending its rally from a 12-year low March 9 to 62 percent.

Britain's chancellor of the exchequer, Alistair Darling, while hosting a meeting of finance ministers from G-20 nations, said that his colleagues decided to keep interest rates low and maintain record budget deficits until economic recoveries take hold.

The United States will auction $30 billion of three-month bills and $31 billion of six-month bills Monday. They yielded 0.06 percent and 0.16 percent, respectively, in when-issued trading. The Treasury will sell one-month bills the next day.

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Trading Phrases Plans Hope Future Wall Decals 36 x 21 Lavender -43

Wall decals are precision cut adhesive vinyl words, art, and designs that are applied to walls and other smooth surfaces. Our decals are 100% removable, and look like they've been professionally painted once they're installed. Our wall quotes, words, designs, and artwork are the perfect way to add the finishing touch to any decorating theme.

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U.S. stocks rise for the first time in two weeks

U.S. stocks rose, halting a two-week slump, as an almost $1 trillion aid package for indebted European nations triggered the biggest daily rally in a year and drove up shares of Boeing, Caterpillar and Apple.

The Standard & Poor's 500-stock index pared its weekly gain Friday on concern the plan won't solve the debt crisis. Boeing and Caterpillar, which rose more than 4.4 percent for the week, helped manufacturers lead the market's rally, while Apple jumped 7.6 percent. Morgan Stanley lost 2.4 percent as New York Attorney General Andrew Cuomo subpoenaed the firm and seven other banks to see whether they misled credit-rating firms on mortgage-backed securities, a person familiar with the situation said.

The S&P 500 gained 2.2 percent to 1135.68. The Dow Jones industrial average advanced 239.73 points, or 2.3 percent, to 10,620.16, rebounding from the 628.18-point retreat the prior week.

"The recovery is in place," said Jeff Saut, the chief investment strategist at Raymond James & Associates, which manages $230 billion in St. Petersburg, Fla. "U.S. economic fundamentals are good. European issues pose a problem for Europe. I don't think it compromises the global recovery."

The S&P closed at a 19-month high of 1,217.28 April 23 before retreating on concern that budget deficits in Greece, Portugal and Spain will curtail global economic growth. Stocks fell Friday even after U.S. government reports showed retail sales rose 0.4 percent in April, twice the median economist estimate.

The Treasury will sell $26 billion of three-month bills and the same amount of six-month securities on Monday. The size of the May 18 auction of four-week bills has yet to be determined.

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Being A Patient Trader While Trading Futures, Stocks, Options & Forex

The thinnest screen protector that offers the most durable protection. Thimatte, ultra fine film shields your new device from scratches and abrasions, without interfering with usage and screen clarity. The smooth, non-sticky surface has a built-in patented layer of UV protection to prevent "yellowing". The film scratch-proofs your device without adding bulk like traditional cases or covers. Screen guard size is precise to each device's dimensions. Primary features include: Anti-glare, Matte, Anti-ultraviolet, 99% transparency, and peels off easily leaving no residues unlike other screen protectors. Package includes 3 separate screen protectors for future replacements to shield your new hand held electronic gadget from scratches and abrasions.


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Introduction of online free "single window" platform for online merchants share & learn trading is a unique online trading portal that brings together the vast range of online traders from different parts of the world and useful resources dedicated to supporting them - all in one convenient place. Online Traders can quickly and easily find all the most suitable resources and useful information to help them improve their online trading skills with a view to profiting from the financial markets consistently.

Jack Wong, CEO and founder of, says "[a] s an Online Trader for more than 9 years, and having been responsible for Online Trading education in various organizations myself, I know just how hit and miss an experience it can be for Online Traders to navigate the wealth of information available online today trading."  Furthermore, Online Trading can be a lonely business to most people as they sit in front of the computer all day long trying to make money online.  When they have questions, they have nobody to talk to.  

In my case, fortunately due to my active participation in some Online Trading forums many years ago, I was able to learn much faster and quicker than many other traders who started trading around the same time.   Thus, if Online Traders want to find everything about Online Trading or want to interact with other Online Traders, they will find pretty much all of it through this one site.  This is my strong belief about a community where all Online Traders can interact with each other."

Continuous Jack "[f] rom my experience through interacting with Online Traders who are successful, they all have discipline and managed to overcome some barriers." Unfortunately, many aspiring and novice Online Traders are not even able to get their confidence in placing their first online trade.  I have seen people spend thousands of dollars to continue their education in one seminar after another but they have yet to have the confidence to overcome this first hurdle in their Online Trading career - i.e. placing their first trade.  "Because of this, new members who join our Online Trading Membership Site will be invited to participate the Profitable Online Trading ("POT") Challenge in which they will be required to complete several simple daily tasks with a view to allowing them to place their first online trade in sever (7) days."

Joining our Online Trading Membership website is currently FREE of charge.

Unlike other Online Trading Membership Sites, we have decided not to charge any joining fee and monthly fee because we want our members to be comfortable with this new Online Trading community. The more our members are comfortable with this community, the easier would be for them to share and learn from each other.

If you've been looking for Online Trading information, or you're interested in finding out more about Online Trading, don't miss this FREE Online Trading Membership Site -  It's packed with insider tips, practical ideas and information on how to get your online trading career started in the right direction - deciding what to do next, and reviews of a range of top websites for more sourcing Online Trading opportunities.

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COMMODITY BROKER PARKING ONLY SIGN. A BRAND NEW sign!! Made of thick aluminum and tough vinyl lettering and graphics. This sign is 12in. wide and 18in. tall - the same size as official signs. This is a novelty sign made like an official sign. Can be used outdoors or displayed indoors. Comes with two holes pre-punched for easy mounting, corners are rounded. Buyer to pay $7.00 shipping anywhere in the USA, others contact seller for your shipping costs. Certified checks, money orders, personal checks, and cash (USD) accepted.

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Milton Financials: Big tech vendors optimistic about a better year end.

As the earnings season for the tech sector begins and with some big names such as Intel Corp and Micro Devices Inc. having recently cut their sales outlook, many investors are optimistic for the final months of 2010 believing that with the bad news out of the way sales for the last part of the year will improve as consumers warily spend on holiday shopping. Experts believe that a hefty section of this spend will go toward smartphones and tablets such as the Apple iPad.

"Budgets are tighter now. People have less money to spend so they're going to spend it more carefully, where they think they get the best bang for the buck. And for a lot of them it's portable electronics," one analyst known to Milton Financials said. Companies who have less exposure to the burgeoning wireless device market are not expected to do as well. With encouraging signs of the U.S. consumer returning to shopping, large retailers are predicting their best Christmas in four years despite the high unemployment figures.

The global tablet market has seen unprecedented growth since the April launch of Apple Inc’s iPad, Milton financials research shows, with many competitors, including Dell Inc and Samsung Electronics having recently launched competing devices in the past few months. Milton Financials is a dedicated, independent broker providing the market insight and investment advice that corporate, institutional and private clients trust.

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Commodity Options: Trading and Hedging Volatility in the World¿s Most Lucrative Market

Don’t Miss out on Today’s Hottest Trading Arena: Commodity Options!


“The authors have written the definitive work on trading commodity options. Their in-depth knowledge of this subject is legendary among industry professionals and expert traders alike, and their ability to relay their knowledge through text, pictures, and the spoken word is unparalleled in our industry.”

Lan Turner, CEO, Gecko Software, Inc.


“This book captures the realities of commodity option trading in a simple and easy- to-read presentation that will be beneficial for traders of all sizes and skill levels.”

Chris Jarvis, CFA, CMT, Caprock Risk Management, LLC


“Even the most experienced investors often overlook the fact that options on futures are fundamentally different from options on stocks. This book fills that gap and sets the record straight with clear and concise descriptions that are easy to understand. Guaranteed to become a true source of value creation for anyone interested in trading commodity options.”

Jeff Augen, author, The Volatility Edge in Options Trading


Commodity Options arms readers with the strategies and tactics needed to take a more active approach to managing risk in today’s turbulent markets. The authors exhaustively break down every component of a commodity option to its lowest common denominator, making this book an essential piece of information for those looking to expand their trading tool box or further build on existing option strategies.”

John Netto, Chief Investment Strategist, NetBlack Capital and author, One Shot—One Kill Trading


Investors worldwide are discovering the enormous opportunities available through commodity options trading. However, because commodities have differing underlying characteristics from equities, commodity ­options behave differently as well. In this book, two of the field’s most respected analysts present strategies built from the ground up for commodity options. Carley Garner and Paul Brittain begin with a quick primer on how commodity options work, how they evolved, and why conventional options strategies often fail in the commodity options markets. Next, using detailed examples based on their own extensive research, they show how to leverage the unique characteristics of commodity options in your own trades. You’ll walk through trades from “top to bottom,” master both long- and short-option approaches, and learn powerful strategies usually ignored in options books. For example, the authors introduce synthetic swing trading strategies that systematically reduce volatility from the market.


This book’s easy-to-use trading strategies are strategically employed by the author’s clients every day: With Commodity Options, you can work to put the odds in your favor, too!


• Why commodity options are different–and what it means to you
Understand key differences in the underlying assets and the logistics of market execution

• Systematically rewrite the odds in your favor
Four ways to make winning trades more likely–and losing trades less common

• When to trade short options–and how to manage the risk
Why careful option selling may improve your odds of success

• Master strategies designed for diverse market conditions
Combine long and short options to create the right strategy for any market opportunity

• Exploit short-lived trends through “synthetic” swing trading
Get the advantages of futures contracts without the volatility

Price: $39.99

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Saxo Bank receives Best Active Trading Tools award at Shares awards

Saxo Bank, online trading and investment specialist, has won the award for 'Best Active Trading Tools' at the annual Shares awards in London. The Shares awards aim to recognise those organizations providing both innovative and high quality of service to the world of retail investment. The awards provide a platform for traders and investors to voice who are the best in the business.

Henrik Dyrholm Holst, Head of Platform Management at Saxo Bank, commented on the win: "Saxo Bank is proud to have been awarded for providing the industry’s leading trading tools. Saxo Bank is renowned for our online forex ( ) trading but SaxoTrader is a multi-product trading platform ( ) offering clients a wide range of opportunities to trade the world's capital markets, from FX Options and Futures to CFDs on stocks, indices and commodities as well as popular investment products such as Stocks, Bonds and ETFs.

We have continuously  focus on making the trading experience for all types of traders as positive and intuitive as possible, and clearly guide users through the broad range of features on the platform. In 2011 we have also upgraded the platform with winners/losers stock in intraday real-time across all 23 stock exchanges covered by Saxo Bank. In addition, we continue our investment in optimizing and adding new trading tools and are happy to announce the imminent launch of our cutting edge trading apps for both Android and iPhone."

Saxo Bank's trading platforms have defined the company's success in the online trading space for over a decade. Since introducing the SaxoTrader in 1998, Saxo Bank has enhanced and improved its platforms to meet the evolving needs of forex traders and investors in a continuously changing industry.

Shares is the leading weekly publication for stock market professionals and private investors and as such is read weekly by thousands of analysts, fund managers, stockbrokers, company directors and private investors. The Shares' team of expert writers is highly regarded in the City and their comment frequently influences the market's view of individual companies and their underlying share price. The magazine's easy-to-read style and depth of analysis has made it the indispensable weekly read for those actively investing in the UK stock market today.

Saxo Bank is a leading online trading ( ) and investment specialist. The three specialised and fully integrated trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader application are available in over 20 languages. Saxo Asset Management accommodates high-net worth private clients and institutional investors. In 2011 Saxo Bank continued the diversification of its business and launched Saxo Privatbank. The Saxo Bank Group is headquartered in Copenhagen with offices throughout Europe, Asia, Middle East, Latin America and Australia.

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How To Become a Real-Time Commodity Futures Trader - From Home : Living the Ultimate Entrepreneurial Dream

Written by an experienced private trader who trades his own account -- real-time from home -- this comprehensive 328 pg. guidebook clearly shows the advantages and highly-lucrative techniques of "off-the-floor" trading from home. It covers A to Z: from complete home computer setup and how the futures industry works to trader psychology, expert timing techniques and advanced trading strategies. Fully-illustrated and written for both beginning and experienced traders, this highly-acclaimed guidebook clearly and methodically progresses through all of the trading concepts and procedures. Stressing a prudent business approach with the application of proven money management, risk management, and trading confirmation techniques, it is specifically designed to show you that once you learn how to intelligently trade from home, you will truly need no other occupation for making money!

Price: $69.95

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Squawker ® sales side initiates the negotiation venue for block trades.

United Kingdom London-Squawker ® the negotiation venue for sell-side block trades based on the professional social networking networking technologies today, started the first institutions trading venue world. Find a principal Investment Bank stock brokers and market makers own goes live in 2013 in the first quarter, trading Squawker negotiate anonymous and unwound large positions in low cost, risks of information leakage and market movement without a single transaction is valid. Has signature Squawker multi-million pound series A investment from private sector after 8 weeks news from United Kingdom financial services agency regulatory office.

Christopher Gregory, founder and CEO, Squawker, comments: "Squawker safe forum find a human trader anonymous social networking networking technology, based on the liquidity of personally negotiated dialogue, build a partner in block trades. Run the trade efficiency of electronic trade capture, reporting, audit trails and controls and downstream processing. "

Gregory continues: "order book trade's efficiency decreases costs and smaller orders. Large trading exchange in trading remains difficult. Sell-side traders have now two choices: merit or dark or electronic transaction processing and endanger the opportunity cost and market slices and bright book dicing block trading orders, no compliance one of the Interdealer broker transactions through the monitoring or audit trail. New type of time trading venue come one that combines the efficiency of personal interaction and action electronic processing eliminates the flow of the algorithm, is. Financial markets ultimately toxic free electronic venue, in that way. "

FIX connectivity via connect agencies Squawker. Trading. in going live Squawker is stock, Etf and European 16 countries in all stock exchange from trading instruments

Squawker ™, investment banks, market makers and agency broker can find fluidity of ownership and major trading companies, is negotiating block trades of the negotiation venue for block trades, an interactive electronic running safely and anonymous Forum.
Use an opaque social networking networking technology to create a forum for the negotiations to take advantage of personal interaction with end-to-end electronic transaction processing, structured compliance monitoring and audit trail, Squawker trading. Constructs a Squawker, traders execute block trade size. Squawker and determination of all transactions made by humans are toxic-free electronic trading venue first world.
Squawker co., Ltd. is a company registered in the United Kingdom. Headquartered in London, Squawker is approved, is regulated by the United Kingdom Financial Services Authority (FSA).

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Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading

"We've all read about the high rollers who go boom and bust, but this book is different. Packed with straightforward prose, practical knowledge and honest counsel, Diary of a Professional Commodity Trader delivers far more than the title promises. Peter Brandt methodically explains what no one has before: how a dedicated individual can trade for a living. If that is your destination, this is your ticket. "
- Robert Prechter, Elliott Wave International

"This book is insanely great. The refreshing clarity this book brings to the table is brilliant. I think this is an amazing, excellent book, one that could help a whole new generation of traders."
-Jack Sparrow,

"This is the most honest trading book of the last decade. Peter tracks recent trials and tribulations on his path to success dating back to the 1980s. He shares numerous insights into the emotional and technical challenges of trading, right down to his track record over the years. Peter candidly documents a recent trading period. His ultimate success reflects the importance of staying true to a process while still allowing flexibility to modify rules as market conditions change. Anyone desiring longevity in the business really needs to read this book."
- Linda Raschke, trader, President of LBRGroup, Inc., and co-author of the best selling book, Street Smarts-High Probability Short Term Trading Strategies.

"Almost every book about trading for a living is either fraudulent or boring (or both). This book is neither. Not only is it a good read for anyone seriously wanting to know what trading is really like, it is also very interesting, mostly due to its real-time, diary format. As someone who has done myself what he describes, I highly recommend it."
- Robert Zellner, Independent trader, former director of Chicago Mercantile Exchange and former CEO, Citicorp Futures Corp

"Trading is not what most people think it is, as you will find out in this real life experience from Peter Brandt, a well-seasoned trader. You will learn what he looks for in trades, what tells him to hop aboard and how to get out. Well worth reading!"
- Larry Williams, author and trader,

"Anyone interested in trading---and not just commodity trading---is going to cherish this book. In a world that tends to become intoxicated with "magic formulas" Peter Brandt provides the necessary sobering balance: the "secret," if there is any such thing, is in recognizing your basic human weaknesses and strengths and working with them, in the context of some relatively simple rules that are effective if you are persistent. The light that Brandt shines on the inner monologue of trading is of incalculable value. There are many ways to extract profits from the markets, but none of them matter if you can't control yourself---for that we need self recognition and self analysis: Brandt's detailed diary is like a great novel, revealing the inner life and character of a trader, revealing the kinds of inner understanding we all need if we hope to navigate an ultimately unknowable future. Traders would do well to try to become, as individuals, more like Peter Brandt."
- Lowell Miller President & CIO Miller/Howard Investments, Inc., author of The Single Best Investment

"Mr. Brandt takes the reader far beyond mere descriptions of classical trading patterns. His book offers insights, observations and practical information gleaned from over two decades of consistently successful trading performance. A must read for anyone wishing to enter the world of risk."
--Daniel Chesler, CMT, President, Chesler Analytics LLC

"Peter provides a fascinating real-world look at commodity trading. This book is a must read for anyone who contemplates being an effective trader. His exquisite use of charting techniques is spot on. And, of course we could not agree with him more regarding the importance of charts in the trader's perspective."
- Eero Pikat, President,, Inc.

"A great book for advanced and beginning traders! The professional trading insights that Peter shares can help traders speed up the progress of their own trading by light years."
- Glen Larson, President,

A top trader takes you through the markets and revels how he succeeded
In Diary of a Professional Commodity Trader, Peter Brandt provides a play-by-play diary of his 2009 trading, offering an inside look at the difficult process and what it takes to excel at such a demanding endeavor.

A long-time trader, Brandt clearly explains his thinking as he searches for the right opportunities and executes trades for 21 weeks. And by utilizing a diary format, he reveals exactly what it's like to trade, communicating the uncertainty that surrounds every trade and the discipline required to make tough decisions in the face of losing money. Along the way, Brandt touches upon his philosophy on speculation, market analysis, trade identification and selection, risk management, and much more.

  • Fully discloses the methods and rules the author has used to trade so successfully for so many years

  • Each trade include charts, an analysis of the trade, and a play-by-play account of how the trade unfolds

  • Brandt examines all his trades and keeps a running account of his profits and losses

Unlike most trading books, which tell people how to trade, this reliable guide will reveal the reality of this discipline and provide you with a firm understanding of what it takes to make it work.

Amazon Exclusive: Q&A with author Peter Brandt

To what do you attribute your long-term success as a trader?
The irony is that in real time, I never fully feel like I am trading successfully because I am always aiming for performance that is higher than I am attaining. I am generally my own worst critic and constantly set the bar higher than my last jump. The result is that it is difficult for me to crow about the “successes” of my trading career.

But, to the degree I have been consistently successful through the years, I believe it is due to three factors. First, I am obsessed with risk management. I spend more time and mental energy focusing on risk control protocols than on anything else. Managing losses and losing periods is my number one priority. If I can just tread water during the inevitable tough periods, sooner or later I will find myself caught in a favorable tide.

Second, my trading approach is overly simple by design. The result is that I know with as much certainty as is possible with a discretionary approach when there is a trade entry in my program. It does not mean that the trade will be profitable – only that the trade is there.

Third, I have tried to engage market speculation systematically, breaking down the process of trading into every conceivable component. What flows from this is an understanding of what components of trading are controllable and measurable and what components are uncontrollable. By the way, whether the next trade or series of trades will be profitable is not a controllable factor. Once a trader learns this -- it is then possible to remove ego from the equation.

Why do you think the majority of traders struggle?
It is not just the majority of traders who struggle – the reality is that ALL traders struggle, both professional traders and novice traders – but the struggles for each group are of a different variety. The struggles (perhaps the word “challenges” is a better description) of the professional trader are with minimizing asset volatility, handing the mental dimensions of drawdown periods and doing what he or she knows he must do to be successful (the upstream swim against human nature).

Novice traders struggle, at least for a couple of years, in the same way a dog struggles to catch its own tail – always chasing it, never catching it! The struggle comes from playing a game without knowing the rules.

More specifically, I think that most of the problems faced by novice traders originate from three sources. First, novice traders place a priority on finding winning trades rather than on managing losing trades. The difference between the two things is enormous. Novice traders bring to the markets an ego urge to be right on every trade. This often leads them on a never-ending search for a magic combination of technical indicators in order to be right 80% of the time.

Second, novice traders employ leverage that is dooming. Whereas professional traders seldom risk more than a few percent of capital on each trading event, novice traders may risk five, 10 or even 20 percent of trading capital on a trade.

Third, most novice traders have not determined exactly what a trading event is for them. If the practical definition and components of a trade are not clearly understood, then it is impossible to develop patience, discipline, trading processes, performance metrics and feedback loops. The exact process a trader employs can evolve and change over time, but there must be a definable starting point.

Unfortunately, the majority of novice traders run out of trading capital or hope before they figure out the rules of the game.

Why do you prefer pure price-based analysis versus technical indicators?
I need to give ample credit to those traders who successfully use technical indicators. I know and respect a number of traders who make heavy use of indicators.

But for me, I have no time for technical indicators for a number of reasons. Mainly, my problem is that technical indicators are nothing more than a derivative of price. When I can study price directly on a bar chart – and it is price that I must trade – then why would I want to study a derivative of price. For example, I trade gold – there is no market for trading the stochastic measures or relative strength index of gold.

Second, I am a minimalist. I want my trading plan to be a simple as possible. Indicators would have a way of complicating my trading plan.

Third – and not finally, because I could go on and on about this subject – reliance on technical indicators can be counter productive. For example, the most profitable bull markets are those that become and remain obscenely overbought. So, the traditional use of RSI and stochastics can predispose a trader to the wrong side of a massive price trend.

Again, I honor those traders who make money with technical indicators, but as a general rule I think the “indicator industry” is a sham.

Do you have strict rules for taking losses and profits?
Absolutely! Positively! Yes! Without Question! No doubt about it! At the time I enter a trade I know precisely what price (or set-up) will result in the trade being closed, for a profit or for a loss. To put a trade on without knowing these things is simply insane.

What advice would you give aspiring traders?
My initial advice would be to tell them to forget the idea. I would recommend against becoming a trader. Trading is hard work. I would suggest that they give their capital to a professional trader with a history of very small drawdowns.

But if they simply could not be dissuaded, then my advice would start with the following items:
1. It takes a minimum of two years to learn enough to put real skin into the game. Trade a simulated account in the meantime.
2. Don’t take specific trading advice from anyone under any circumstance.
3. Don’t take general advice on trading concepts or themes from anyone who cannot produce an actual track record of successful trading.
4. The overwhelming majority of books and seminars on trading are a deterrent to success trading.
5. No two successful traders trade the same way – and every successful trader has developed a style unique to his or her own personality, risk tolerance and skill sets.
6. The markets are a great teacher. Be prepared to confront character traits you didn’t know you had.
7. Your opponent to successful trading is not the markets nor other traders, but yourself.
8. Understand that there is no magic bullet – or holy grail. Successful trading is a result of hard work.
9. Have realistic expectations. Traders who think they can turn $10,000 into a million will likely fail. Most really successful traders average around 30% annually on proprietary funds.
10. If, after a year or two, you find that you are not enjoying the voyage, jump ship immediately.

Price: $39.95

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9 ways to eke out an emergency fund

With unemployment soaring, many Americans envy looking at their friends or family members who boast of savings account that can carry them through the rainy day and beyond. However, according to the President of Ethan Ewing, just about anyone can save a little something in the future.

"The One positive element of our country's recent economic troubles: recession turned around American savings habits," said Ewing, who oversees a free online consumer portal»For several years, Americans saved 1 percent or less of their income (and in a few years, the savings rate was negative). Today, the personal savings rate is more than 3%. "

Any action consumers should take to create an emergency fund of any size will help their bottom line, Ewing added. Here is Ewing's proposals to get rolling emergency fund.

1. all that counts. Priorities of savings and set aside the most possible. Monthly savings goal Turn in "Bill" to be paid along with the other accounts. Ideally have the Bank automatically transfer money to your savings account.

2. stick to per cent. Vow to keep a certain percentage of all income. "Ten percent is a good start, but even if it is below, choose the percentage and stick to it," Ewing said. "Whenever you get a paycheck or other income, set aside a predetermined percentage of that."

3. Sock away windfalls. Save any additional money--from big client validation, gift, tax refund, or activities such as yard sale. Even small amounts such as discounts or co worker's lunch-time loan is $ 10. Prâtan'e extra-in addition to regular, pre-determined amount, savings will grow.

4. make work pay. Making work pay credit to $ 400 per worker's right, in most cases, would provide an additional $ 11 each weekly paycheck from April 1 until the end of the year. Save the credit to add painlessly nest egg.

5. adjust tax withholding and save the difference. Those who received income tax refund this year should consider filing a new form W4 with their employer. IRS online calculator can help you determine how much should be denied to cover next year's tax bill. Put an extra paycheck in cash savings.

6. save the shop "savings." If the grocery store register receipt says, "you saved $ 17.52 today," send that amount into a savings account. "You will be driven to hunt for bargains, as each transaction means that you pay yourself instead of retail," said Ewing.

7. ignore the raise. Ewing admitted that "most people don't get an increase in this economic environment." "But if you get one, budget and spend as if you don't. Set up automatic savings equal to the amount removed, your salary is increased (or even better results, round this number up). "

8. keep it safe. Emergency Fund money should be kept safe and affordable. It should not be in stocks or other investments that can lose value. Good options can be in a money market fund or stock certificates of deposit (CD). Funds will earn interest, and are not held without forethought.

9. pay it back. "If you have an emergency money, try to replenish the Fund as soon as possible," Ewing advised. Reduce costs if possible replace the savings. But always continue, making at least the minimum payments on the debt and always prioritize the mortgage payment.

"Exercising some or all of these steps, you will see your savings account to grow gradually," said Ewing. "If you need it, it'll be there for you; and if you're lucky enough to not need, you will soon find yourself with a sizable nest egg.

About (
Based in San Mateo, California, is the free one stop portal where consumers can educate themselves about the issues of complex personal finances and comparison shop for goods and services, including credit cards, debt relief assistance, insurance, mortgages and other loans. As an online portal of freedom financial network, LLC, the company has handled more than 50000 clients nationwide since 2002, when managing more than $ 1 billion in consumer debt. The RSS feed is available at is no. 257, a spot on the Inc. 500 list for the 2008 year and no. 3 spot on Entrepreneur Magazine's Hot 100 list of fastest growing companies of the United States. Company founders and co managers Andrew Housser and Brad Stroh were named in the Silicon Valley/San Jose Business Journal's "40 under 40" list in 2008 and have been recipients of Northern California Ernst & Young 2008 entrepreneur of the year award. is a free one-stop portal where consumers can educate themselves about the issues of complex personal finances and comparison shop for goods and services, including credit cards, debt relief assistance, insurance, mortgages and other loans.

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Commodity Markets: Operations, Instruments, and Applications

This book discusses the essential structure and working of commodity markets and the nuances of commodity trading. It includes detailed discussions on topics such as - basics of commodity market operations, commodity trading, and the risks encountered by producers and sellers, commodity exchanges and their functioning, the fundamentals of commodity derivatives, the dynamics of futures pricing, hedging and other objectives for participating in the commodity derivatives markets. It also illustrates the diversity of commodity contracts and includes some real world examples in the form of infamous disasters caused by commodity derivatives. Commodity markets have additionally provided investors with a whole new avenue to achieve superior portfolio diversification with commodity investments. This book will also serve as a valuable reference text for these investors.

Price: $35.00

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