Description of Value Investing in Commodity Futures
This is the only complete guide to an increasingly popular approach to futures trading. This book outlines a highly successful alternative approach to trading commodity futures, specially tailored to today's low-priced commodities markets. Unlike technical analysis, which uses statistics to inform trading decisions, scale trading is a form of fundamental analysis in which a trader slowly buys prices as they reach bottom and sells them as they climb back up. Hal Masover describes scaling techniques that work in every commodity market, including metals, energies, utilities, and agriculture. And he supplies readers with a scale trading system that generates a complete rundown of how much money will be needed, when, and where. The book satisfies the growing demand for guides to fundamental analysis-based futures trading. Hal Masover (Fairfield, IA) is cofounder of Crown Futures, a top trading firm with offices in Fairfield, Iowa, Boulder, Colorado, and Cleveland, Ohio. He has been successfully trading futures since 1985.
Why Is Scale Trading Better Than Other Types of Trading?
LEARNING THE FUNDAMENTALS
Fundamentals the Right Way
Grain Market Fundamentals
Livestock Market Fundamentals
Metals Market Fundamentals
Energy Market Fundamentals
Softs Market Fundamentals
Using Seasonal Information the Right Way
SCALE TRADING IN ACTION
How to Construct a Scale
Taking Profits
The Dreaded Contract Rollovers
Options
Don't Skip This Chapter: Choosing a Broker
Appendices
Glossary
About Hal Masover
HAL MASOVER is cofounder of Crown Futures, a top trading firm with offices in Fairfield, Iowa; Boulder, Colorado; and Cleveland, Ohio. He has been success--fully trading futures since 1987.