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The 10 Best Commodities Trading Books to Read in 2019

An understanding of today’s commodities and modern trading will provide new opportunities for investment. When you have a grasp on hard commodities like gold, copper and iron, as well as soft commodities like cows, horses and crude oil, you can successfully navigate markets for physical assets. But it isn’t always straightforward.

It’s best to consult reference material when working through the details of commodities trading. The subject is occasionally complicated, and when your money is on the line, you don’t want to take any unnecessary risks. To guide you in the right direction, we’ve compiled the 10 best trading books to read in 2019.

Set aside time to study some of the books below, learning more about the mechanisms, platforms and skills you’ll need moving forward.

1. A Trader’s First Book on Commodities

Before you begin trading commodities, you’ll have to understand the fundamentals of the trading environment. With “A Trader’s First Book on Commodities,” you don’t have to learn the hard way, and Carley Garner has actionable advice which is invaluable to first-time traders. If you’re new to commodities, start with this book.

2. The Complete TurtleTrader

Exploring the incredible true story of legendary investor Richard Dennis, “The Complete TurtleTrader” shows how 23 people with minimal investment experience became millionaires overnight. It stands as a case study relevant to novice and veteran investors alike, with insight into the trading process.

3. Technical Analysis of the Financial Markets

Among other trading books to buy in 2019, this one is more complex than most on the list. “Technical Analysis of the Financial Markets” is for those with advanced math and computer skills, interested in manipulating the market over simpler investment strategies. If you have experience, John J. Murphy’s book is for you.

4. Stack Silver Get Gold

Hunter Riley III has 15 years’ experience in trading gold and silver, and “Stack Silver Get Gold” details his tried-and-true strategies for success. He touches on which precious metals to avoid and pursue, online investments, storage and even IRS reporting requirements. You’ll learn everything you need to know, and more.

5. Energy Trading & Investing

Even with green initiatives, crude oil remains a major source of fuel throughout the world, and national and international energy needs are growing at a rapid pace. “Energy Trading & Investing” by David W. Edwards examines the energy industry, exploring oil and natural gas and their value as commodities.

6. Hedging Commodities

Slobodan Jovanovic has compiled hedging case studies in his book “Hedging Commodities,” with clear explanations of how a variety of instruments see use in market scenarios. The book touches on ways you can contain, control and eliminate price risk exposure, offering a concise overview of a somewhat complex subject.

7. The New Case for Gold

Where Hunter Riley III explores actionable strategies and tactics for precious metals, “The New Case for Gold” by James Rickards moves the focus to historical case studies and monetary theory. All these elements are necessary for success in commodities trading, and this book is an important addition to any trader’s collection.

8. Market Wizards

As simple as its name would suggest, “Market Wizards” by Jack D. Schwager is an analysis of prosperous investors. Schwager studies top traders in an attempt to learn what contributed to their success, whether it’s innate knowledge, inherited money or luck. It’s a good read for those who need a break from “how-to” books.

9. Trade Your Way to Financial Freedom

Van K. Tharp details his new 17-step trading model in the second edition of “Trade Your Way to Financial Freedom.” Featuring updated examples and charts, with insightful interviews, Tharp’s book is a comprehensive exploration of modern trading and the most effective strategies for making money.

10. Hot Commodities

Jim Rogers is one of the most successful investors in history, and the commodity index fund he manages is the single best index fund in the entire market. If you’re hesitant to consider commodity trading, you should read his book, “Hot Commodities,” which is a convincing account of the value of the market.

Browse Your Options

Whether you’re new to commodities trading or a seasoned pro, you’ll find the books on this list a valuable asset in 2019 and beyond. Moving forward, browse your options and see which titles are relevant to your circumstances. Regardless of your choice, each has a place on your shelf.

View the available selection, and pick up a new book today!