Lux Investing

I will be investing in the Commodities market soon. Can you recommend reliable books to learn more about it?

I definitely wouldn't invest until I know more about it, hence my question seeking additional, reliable materials that I may not have come across already.

Public Comments

1. If you don't know anything about it, then do NOT invest!!! Learn about what is available to you. Commodities are extremely high risk and you can lose your pants....and even underwear. Check out the business section of your local college bookstore and get a textbook for investment.
2. Trading commodities electronically is not a consistent way to make money, especially if you are inexperienced. I might also add that even experienced traders don't make consistent profits. A sure way to make money on commodities is to travel around the world and buy the physical commodities at the lowest prices possible (below market price), and sell them at the market price. I know a place in Asia for example where you could buy crude oil for $12/barrel FOB. Buy it, resell it on the int'l market for $70, and you are instantly profitable, and guaranteed to make large and consistent profits.
3. Visit the Economic Geography Web http://faculty.washington.edu/krumme/ebg/contents.html
4. If you have $1,000,000.00 to invest in commodities I am sure you can hire a Professional Financial Advisor as Teacher.
5. One of the best books available that covers how to trade the commodities market (also stocks) is John Murphy's Technical Analysis for the Financial Market. This approach shows us how to trade any financial market, be it stocks, currencies, commodities, etc., as long as there are charts for us to study. We don't need to know about the fundamental reasons that affect the price movements as these are already factored into it. The best thing about this is that when a trend is going to reverse, it is able to give us an idea of when we should exit thereby either preserving whatever gains we have or minimizing our losses.