Use this search feature to quickly find the information you're looking for.

The New Commodity Trading Guide by George Kleinman

The New Commodity Trading Guide describes a method of trading trends based on a variety of day trading strategies. I generally liked reading the book very much, and the timing in which I read it was perfect.

I had finished reading this book in the early spring of 2010, just before the beginning of the big 2010 grain complex bull move. I was lucky enough to catch the very beginning of the market with oat futures, on the very day prior to when prices went limit up.

In the strong uptrend that followed in all the grains, I applied the technique described in this book successfully many times. I should mention that the technique that George Kleinman describes in the bulk of his book, only really works in trending markets. Otherwise, you just wind up getting jerked around (whipsawed) over and over.

In my own personal trading, I find myself applying the technique described in this book more in exits, than entries. I like the exit strategy, and I use it in combination with a sort of trailing stop on trades that move favourably. I also recall how the trading system works every time a trade goes against me, and I have to decide to quit it prematurely. I don't really like reversing the position of my trades. If a trade goes against me, I'll almost always just drop it.

George Kleinman's The New Commodity Trading Guide was a worthwhile read. It's not one of my top 3 favourite investing books, but I certainly don't regret reading it. It's very easy to read, and George Kleinman comes off as a good writer. The book was entertaining too, as he tells a few fun stories. This is a book that gives a slightly different perspective on trading than I like to employ, but I never the less extracted value from reading it.

Check out some trading strategies here

Learn Futures Trading by checking out more Reviews

Go to Contact Us

Go from The New Commodity Trading Guide back to the Futures Trading InfoNet Home Page

New! Comments

Go to the Futures Trading Blog for my LATEST TRADES by clicking this link


Entries listed categorically below


Websites & Blogs

CME Group


Market Forum

Trading Blog

Swing Trade Stocks

Commodity HQ

Saxo Capital Markets


CMC Markets

Alpari Webinars


Understanding MACD

Come Into My Trading Room

Secrets of the COT Report

The New Commodity Trading Guide

How to Make Money in Stocks

Trading Products

Firetip Trading Platform

7 Speed Reading

SpreadCo Demo Account