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The Greatest Business of the 21st Century
ISBN: 0971653402     Date Published: 2002-01-11     Author(s): Cliff Bell
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Paperback
Embedded Logic Inc.
134 Pages
 
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Last Update:
06/20/2013 01:35:29
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Editorial Review - Book Description:

If I told you that you could:

turn $743 into $5743,

turn $540 into $3240,

turn $640 into $7300, or turn $1000 into $5950, would you be interested in the details? The Greatest Business of the 21st Century takes the novice investor in commodities by the hand and teaches commodity trading from the ground up. The first five chapters gives a brief history of the beginning of commodities trading and then takes the novice through the language of commodities, the types of trades that can be placed and when each is appropriate. The novice commodity investor is taught how to calculate potential gains and losses. New commodity investors are taught the ropes in the first section of the book. Not only do novices need to understand how the markets work, they also need to know when to trade and what trading strategies to use. The Book teaches commodity trading from a technical view. The novice investor is taught five significant chart patterns which have proven to be highly accurate in predicting both the impending trend and the expected price move associated with the trend. The book uses a pragmatic "how to" approach in developing the novice trader`s ability to make a profit in the commodities markets. As such, the author goes beyond other introductory texts in this field by giving the novice exact advice on money levels required for trading in chapter nine. Each of the chart patterns explained in chapters 6-8 are used in example trades in chapter 10. All trades are carried out as single-contract trades. The technique of pyramiding, that is adding contracts in geometric progression with profits previously earned in a position is explained in the chapter "Unlimited Profit Potential". The concluding chapter is a "call to arms" for the novice investor to try out the markets by paper trading as explained in appendix C. In every new venture those who have the best chance to succeed are those armed with complete knowledge of the task. The Greatest Business of the 21st Century was written as an explanatory guide for the novice commodity investor to enter into commodity trading armed with the knowledge to succeed!

 
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