It's almost impossible to turn on the business channel or read the financial pages these days and not find a story about the next commodity that's breaking an all-time price record. Few investment vehicles offer such excitement, flexibility, and tremendous profit opportunities. From an outsider's perspective however, commodity markets can be intimidating or even scary. To most people, these fast-paced markets conjure up images of high-risk investing in an environment of absolute chaos. But, as expert commodities trader Kevin Kerr says, "where else can you sell something you don't own, buy it back half an hour later, and walk away with 100% profit?"
Now, Kerr dispels the common myths and misconceptions about these markets as he explains all the basics: how these markets function, how locals in the pit work, what those strange-looking acronyms mean, and which markets are thinly traded and tightly controlled, as well as delving into the all-important psychology of the market. So, whether you're a novice or an experienced trader, his down-to-earth, clear-cut guidance will make you more savvy, more confident, and more able to jump right in and grab those profit opportunities that are waiting for you.
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