Welles Wilder
V.I.P Review: "FUTURES 101 is the most understandable book for explaining the basics about commodities that I've ever read."


West Coast Review of Books
"An excellent book for investors and non-investors alike."


Rapport Magazine
"Describes with simple detail in a language easy to understand the secrets of commodity investments and how they work."


Midwest Book Review
"Especially recommended for potential commodity trading investors, students, and the non-specialist general reader with an interest in U.S. and global economic markets."


Reader Comment
"Covers all the basics with wit and without excess jargon. The author neither encourages nor discourages trading in futures and doesn't have a 'system' to sell. There is also an unbiased and excellent analysis of Hillary Clinton's success in trading commodities many years ago."


Welles Wilder
V.I.P. Review: "This is the most understandable book explaining the basics about futures I have ever read."


National book award
FUTURES 101 was named recipient of a 1998 Book of the Year Award by the North American Bookdealers Exchange.


Book Description
Futures explains the basics of the commodity futures market and how ordinary investors trade. Examples using trivia and wit illustrate steps used trading in this financial arena thats bigger than the stock market. Readers from states and countries have found the unusual writing and explanations helped them understand commodities.


From the Author
I am pleasantly surprised and gratified by the interest and sales of FUTURES 101. Too many people lose money when trading and the main reason may be ignorance of how the system works. And the dangers involved. I am not associated with any brokerage or anyone in the futures business other than as a client, and when I first traded commodities some years ago I could not find a beginners book that explained things comfortably to me. The very few available were too technical or too abrupt and left me confused or unsatisfied. Later after some years of trading with mixed results I remembered the difficulties encountered in the beginning and since I had learned a fair amount about trading by trial and error, I decided to write a short explanation booklet to benefit others. I also wanted to write it in a style that would not put the reader asleep. The more I wrote the more I found needed to be covered and the result was a full book that has found an international sales niche, much of it through referrals. In summary, it was fun to write and I hope it benefits those looking to understand futures trading. Dick Waldron

ANNOTATION

Futures 101 recently won the Best Book Of The Year Award in the Business Category from North American Bookdealers Exchange.

FROM THE PUBLISHER

Curious about commodities? If you're looking for a good book that explains futures trading, this is it. Ordinary investors, professional traders, corporations, municipalities, unions and pension funds make and lose money every day trading in the trillion-dollar futures business. Now you can understand how they do it.

Futures, a financial arena bigger than the stock market, generates profits and losses ranging from the price of a cup of coffee to the price of a house. And results can happen in minutes, days or months. But most first-time traders lose. One reason may be because new traders really don't know how it all works and most quickly end up losing their money.

This unusual, impartial book details the profits and warns of the pitfalls of trading with examples, trivia, humor, a conversational style, and no sales pitch - approaches not always seen in the financial field. Researched and written by an experienced and independent trader, Futures 101 has dozens of subjects for the new or potential investor, and comfortably explains futures for the financially curious.

There is even a non-political analysis of how Hillary Rodham Clinton had a net profit of $104,926.00 when trading futures many years ago. (Hint: She did nothing wrong).

FROM THE CRITICS

Jonathan Pease

"... I was impressed with what a nice job you do in educating the reader as to the mechanical workings of the market."

--Jonathan Pease, Investors' Network (internet bookstore)

Troutman

"... Futures 101 is not a typical book on futures trading... interesting style, part commentary, part verse, snippets not long chapters. A good read for people who know little or nothing about futures markets. More approachable than some other introductory books. All in all, if you are looking for a good book to give you a futures overview, this one works."

--Troutman, Defender Capital Mgt., (internet commentator)

Applied Derivatives Trading

"...The author appears to enjoy creating rhymes as well as forcing the odd pun. Given this style, in some ways this book reads how I imagine the late Dr. Suess would have treated the same subject matter. Chapters are succint and deal with various aspects of futures in turn. There is also a distinct lack of jargon and no complex mathematics to frighten off the casual reader."

--Applied Derivatives Trading, London, U.K. (internet magazine)

WHAT PEOPLE ARE SAYING