How I Made One Million Dollars Last Year Trading Commodities

This book is one of the best books written on trading. I bought this book years ago and the things I learned then I am still using today. And now that we are in a bull market for commodities I think anyone reading this book will be able to put the lessons in this book to some good use. The book is easy to read and shows some charts and graphs so anyone can follow along and understand. Commercials and Open Interest are two... Read Full Review

I have been trading futures for 11 years. ... In all that time I have rarely seen an investment guru as humble as Larry Williams. His love of the markets is evident in this book, as well as many others.This book chronicles his meteoric rise and claim to fame when he singlehandedly turned $10,000 into $1 million in a controlled tournament environment.There is a lot of good information in this book and much of it will be very... Read Full Review

This was the first book I bought about futures when I was 16. A whole new world open up before my eyes, and the credibility couldn't be paralleled turnin $10,000 into over 1.1 million in real time, no one has topped.Three years later I sat and passed my Series 3 commodities broker license. I still kept this book with me and used some of the practical approaches detailed in the book to help my clients trade more successfully.Now... Read Full Review

Take the sections on price structure and open interest - throw the rest out if you like. You'll still have the most valuable trading book I've seen written to date. I see ten other reviews here, and only a couple mention OI's significance - mostly in passing. Very sad. Open interest's relationship with price action on a few levels deserves at least a few years of study, although it won't take you nearly that long for you... Read Full Review

The simplest stuff that works. This manual includes methods for trading the trend. Furthermore, it shows how to use fundamental data that is freely available to the small trader. That data is spread data, open interest data and committment of traders data. In addition to good fundamental information, the manual has technical trading methods and money management guidelines. Highly recommended