Viewpoints of a Commodity Trader by Roy W. Longstreet

Viewpoints of a Commodity Trader
by Roy W. Longstreet

Book Description: Frederick Fell, Inc., New York, 1968. Hardcover. Martha Z. Ohlemeyer (illustrator). 8vo - over 7¾ - 9¾" tall. Hardcover, Green cloth boards with black title to spine.

Book Condition: Very Good, spine straight, corners gently bumped, two very small 1/32" spots to text block, small (1/8") light blemish to copyright page, otherwise pages are clean and bright.

Dust Jacket Condition: Fair, covers rubbed, edges chipped, large 2"+ tear near spine, tanned and soiled.

Contents: (from the dust jacket -- "This is a 'behind the scenes book' in the strictest sense of the phrase. When Roy Longstreet was first confronted with the Question: 'If you know so much about commodity trading , then why aren't you rich?' he determined that the best answer would be a conspicuous measure of financial success in the trading of commodities futures. That he achieved his objective is evident because no he is the head of the largest brokerage firm in the country dealing exclusively in commodities. The techniques and the methods he employed over the years to achieve financial success is what is important to the reader and in this book we have those methods ably described by Mr. Longstreet. His approach to commodity trading is more 'fundamental' than 'technical.' He believes that psychology plays a basic role in the movement of commodity prices. As a matter of fact, he has often expressed the desire to hire a psychologist to apply specialized knowledge and find out what people who trade commodities think and why they make the mistakes they do. Roy Longstreet views will prove to be invaluable for those who want to increase their financial standing along intelligent, crystal-clear and forthright lines. As publishers of many books in the financial field, we recommend Roy Longstreet's book to you." -- Here are the actual chapters in the book: Foreword, A Good Man to Know, Making Money with Money, Your First Loss, Trading is an Art, New Goals, Strength, A Time to Rest, Distractions, Concentration, Fighting a Market, Ride your Horse, Stress Point, Running Scared, Mistakes, Giving Up, Hope(less) Trading, Luck, Forecasts, Statistics, Look Before You Leap, Tips, Out of Control, Do You Lie To Yourself, Know the Score, Keeping Score: Calculating Risk, Keeping Score on Selectivity, Do You Allow for Error?, Power, Net Power, Too Much Capital, The Moment of Truth, Silence, The Touch, Professionals, Commodity Trading - a Service, Declining Commodity Markets, Overtrading, Spread Trading, Trading the Fundamentals, Chart Trading, Charts Plus Fundamentals, Your Broker, The Big One!, Playing the Big One, The Easy Way, Dreams, A Trip to Purdue, The Hall of Mirrors, Advice, Boxed In, Good Information, Thinking and Learning, Realizing Bull Markets, Risk Control, Processed Data, The Story, Weather Markets, Pliability, Trade Selection, The Deepest Secret, Will Power, Pressure, Fool's Disease, Research, Bad Research, Courage, Change, Exotic Markets, What's Next, A Prayer. end -- I like this book because I believe it anchors the reader with the right mind set in approaching the markets. I didn't think it contained as much "hands-on" trading techniques as the dust jacket promises, but it's still a good read and offers some valuable psychological insights that will give thoughtful traders an additional edge. 147 Pages, illustrated, Scarce Title in Very Good Condition. Collectible.



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