The best Commodities Trading eBooks: Reddit reviews

From 3.5 billion Reddit comments

Just finished The Big Silver Short: How The Wall Street Banks Have Left The Silver Market In Place For The Short-Squeeze Of A Lifetime https://www.amazon.com/dp/B08BFL34T9/ref=cm_sw_r_cp_api_glt_FEV13CX2PQRJ43TGB2DD

There's a whole book about it mfer https://www.amazon.com/Big-Silver-Short-Short-Squeeze-Lifetime-ebook/dp/B08BFL34T9

I think it depends highly on what is your knowledge and background. Generally I would something that talks about how to form trading strategies and about trading psychology. One such best-seller in amazon is "How to day trade for a living" (https://www.amazon.com/How-Day-Trade-Living-Management-ebook/dp/B012C4AU10). Bear in mind that understanding day trading doesn't require you to do day trading as a profession. But I've found this kind of knowledge to be invaluable when doing any kind of trades especially with cryptos where trading psychology is super, super important to grasp.

This The Big Silver Short: How The Wall Street Banks Have Left The Silver Market In Place For The Short-Squeeze Of A Lifetime https://www.amazon.com/dp/B08BFL34T9/ref=cm_sw_r_cp_api_glt_M2BV6GBNZFV2GAGRBH57

All information is available online, but I like books, because they are structured. I read this book and I think it covers all basics you must know. It's short and doesn't go too deep into details. I think it (or something similar) can be a good start for you.

Sorry for your daughter's condition. But your post is vague. Is there some long term expense or just say 2-3 years of cancer expenses? This matters a lot since medical bills rise faster than inflation.

Assuming its 2-3 years you want to do a relatively normal long term growth portfolio with most of this money and a small chunk for rapid depletion. For the normal portfolio my recommended first book is: https://smile.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW

If on the other hand it is 10-15k from $300k inflation adjusted or more for decades then entirely different situation. That's an income portfolio. Most of the the book above will still apply but some of it won't. Income is harder but income investing theory assumes you already know growth investing.

I was recommending learning about asset allocation. There are tons of sources but my goto first book recommendation is: https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW

I'd get a book on asset allocation. You'll need to decide on what index. Between mainstream providers tracking similar indexes there isn't much difference.

My advice on a first book is: https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW/

I recommend posting your day trading questions on r/daytrading. Most day traders don't trade options for good reasons.

To learn more about using candles for DT, I recommend this book: How to Day Trade for a Living: A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology https://www.amazon.com/dp/B012C4AU10/ref=cm_sw_r_apan_5Q7G0FWJRYKEX3AG3ZRV?_encoding=UTF8&psc=1

> Edit: thank you all for the help! Sounds like my best move is to transfer my IRAs from American Funds to Fidelity as they offer similar to Vanguard and I already have a 401k there

Given you already paid the load American isn't terrible. Moving away from American isn't terrible. What is terrible is flapping around aimlessly on whim / impulse.

If you invested in American via an IRA you likely paid a load to get in. Whether the original choice to go with American was the right choice or not you made it and you have sunk cost. I would breath for a second here and think. American is a good fund company. You paid the load I suspect to get access to advice. You are getting ready to switch because you didn't know what you were buying before you got in. Don't repeat that mistake by jumping without knowing what you are going to do Fidelity / Vanguard.

Don't do anything this month. Go out and buy a book on asset allocation. My general recommendation is: https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW . From there get a target allocation.

Next decide on vehicles. Because you are in classic loaded mutual funds you can read one of the all time best books on vehicles that is unfortunately too dated most of the time but that's a plus for you: https://www.amazon.com/Bogle-Mutual-Funds-Perspectives-Intelligent-ebook/dp/B00X6BJ60K

That will help you assess where you are and where you want to be in terms of asset allocation. Talk to whomever put you in American and check your ideas out with him. Capital Group / American has some very good materials on portfolio construction which assume the basics from those two books.

Finally, if you do decide to move you need something which talks you through more modern vehicles and strategies.

There is no rush. Fidelity and Vanguard will be there in 2023. This time do it right.

There are two main "factors" which boost returns over capitalization weighted indexes: smaller stocks and value stocks. Generally the smaller the better. Microcaps do even better than smallish which do better than midcaps which do better than largecap stocks. You are absolutely right that this comes at the expense of even greater volatility in many ways a small cap or microcap fund acts a bit like a large cap fund on leverage. I should mention midcaps historically have slightly higher returns with the same volatility as large cap stocks.

While I think Bogle is very good, as he got older he got too extreme in his opinions. The book I generally recommend for people starting out is: https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW

Commodities especially energy, real estate, EM bonds, high yield bonds, EMs. Then of course there are all sorts of artificial alternatives.
My standard first book on asset allocation recommendation: https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW

What you are describing is called glidepathing. Glidepaths are a big negative in terms of returns. The only time it potentially make sense to tolerate a low stock allocation for longer term money is when your risk profile is at its absolute highest level: early in retirement. And even then the need to be additional factors to justify it.

As far as asset allocation if you are scared to invest this $200k pick a balanced asset allocation. Either use a good robo or read a book on asset allocation. ps://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW is my standard recommendation.

I should do a post on 5 sample portfolios. Because yes that question does come up a lot. Since you seem anxious to learn what I'd suggest since you have time: https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW

Anyway if you just want an answer a good approach is

2/3rds equally split between the 6 Schwab funds: FNDA, FNDB, FNDC, FNDE, FNDF, SCHREX

1/3rd in Goldman funds: GSLC, GSIE, GEM, GSSC (I like IWC more for this), DGS, VSS.

A good book to get you started on asset allocation: https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW

In terms of TSP completion (the S fund) do a google to "total stock market vs. SP500" the difference is the S fund.

What you should do is not act on impulse this time. You are in a good place to decide on an asset allocation you believe in. And that means believe in enough that when bad things happen you don't freak. But in all honestly you are unlikely to make that same mistake on the next bear. The book I recommend for learning about asset allocation is https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW

Give yourself a few weeks to decide on a real plan. There will always be value.

If you don't want to manage your money then I'd pick a good robo. SIP from Schwab and Wealthfront are both good. Ellevest has some nice features if you are female.

My opinion is it is dreadful. Depending on how you count technology is somewhere between 50-70% of QQQ and over 40% of VOO. So then you throw another 17,5% with ARKK and ARKQ? VBK and XMMO are going to have overlap but at least it is small / midcap. You want a portfolio to diversify risk not concentrate them. You have done a great job concentrating your risks.

I don't see anywhere in your post a justification for diverging from a mainstream portfolio balancing domestic with international, growth with value, spreading risk out aggressively between sectors... I'm not sure whether you don't want to do that or don't know that you should. If it is don't know I'd suggest a book on asset allocation something like: https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW . If it is don't want to then I'd suggest a book about a sector that rose high and declined like say railroad history.

Please re-think the FTSE 100, the performance is diabolical.

Read: Investing Demystified https://www.amazon.co.uk/gp/product/B071WQ1L81?ref=dbs_p2d_P_W_kindle_available_T1

Think global, the UK accounts for ~4% of the global stock market, don’t put all bets in one country etc :)

Vanguard FTSE Global All cap Fund, VWRL are both good starting points :).

If you are just starting off you likely will be investing in ETFs not stocks. Which means your two first choices will be ETF methodology and asset allocation. These also can be the only choices you ever need to make. https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW

Covers that.

Yes they do: https://www.fidelity.com/go/hsa/hsa-provider

Talk to your advisor. And then if that doesn't work talk to Fidelity. This doesn't have to be dramatic.

I'd also recommend: https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW

if you are going to start running your own portfolios.

First off you have what you want. FXAIX is an SP500 fund. FSMAX is everything in a total market index other than the SP500. In other words just VTSAX broke into two parts (hold them in a 5.5::1 ratio if you want TSM).

Second I think Fidelity brokerage is a far better option than either target date or simple indexes. You can put the 5% in the target date fund. But if you do this you want a real asset allocation. https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW is my usual recommendation for learning the basics of asset allocation.

$245,000 is not that much money but it could be life changing for someone young in that it could allow you to put away a tremendous amount for your retirement when you are young. You don't have enough to do the "wealth management" route but you do have enough for it to make a huge difference. You can't really escape knowing about money now that you have some. https://www.amazon.com/Four-Pillars-Investing-Building-Portfolio-ebook/dp/B0041842TW is terrific first book.

Put it in a money market. Commit to it coming out of the money market within 90 days but not before 30 days. If you don't want to learn: Scwab's robo and Wealthfront's robo are excellent places to just put it now and forget about it. You sound young and if you are get an 80/20 portfolio.

Otherwise read that book and decide what you want to do.

Hull and Natenberg.

I just finished listening to this book on audible. It was a quick listen and explained IV and the Greeks and even some basic strategies. I found it very helpful. I’ve only been buying calls and puts but this makes me a bit more confident in selling options now.

https://www.amazon.com/Options-Trading-QuickStart-Simplified-Beginners-ebook/dp/B01DSKA0E4

Here is the post for archival purposes:

Author: foxrih

Content:

>Alright, so first I'm not 100% sure if this is allowed at all, maybe someone can enlighten me so I'll just delete the post no problem. (deleting it in few hours anyway) I've a free book on Amazon at the moment, (you'll need an amazon account though) covering cryptos for about 90 pages. It's focused to be as beginner friendly as possible, so if anyone is interested check it out, and if you have time to leave any feedback i.e. how well the concepts / structure is presented or so. https://www.amazon.com/dp/B077ZLDN2T Building an improved version right now so any feedback is really appreciated, and I genuinely think this does have a huge help for any beginner.

Sigur ca da. Aproape are sens ce spui tu, dar eu tocmai mi-am cumparat cartea asta in engleza pentru ca nu am gasit-o in romana format Kindle. Daca ceea ce citesti (sau, mai bine zis, ce vrei sa citesti) este exclusiv in engleza - ce te faci? Citesti Rebreanu doar ca sa zici ca citesti ceva in romana, chit ca nu te intereseaza? De acord cu tine, nici eu nu suport romgleza asta, ocazional mai merge, ca intr-o situatie expusa mai sus (ai lapsus in romana si bagi cuvantul in engleza), spre deosebire de clip unde mi se pare putin exagerat. Dar argumentul tau e slabut rau, atata tot.

Should I buy silver based on the following statements?

I read Stack Silver Get Gold and in chapter 14 the author gives a number of reasons why the price of silver should go up in the future. These, which I've summarized, include the following:

• The world will soon run out of minable silver, and lots of silver is needed for the production of a number of goods.
• The price of silver is depressed by governments selling their stockpiles.
• The price of silver is being kept artificially low by big traders of silver futures and that can't keep going on forever.
• Silver is historically cheap compared to gold, in terms of the gold/silver ratio, and it's reasonable to expect that ratio to bounce back.

After doing a little research, I found that most silver is produced as a byproduct of zinc and lead refining, and the USGS predicts demand for silver to decrease. So I don't think the first statement is really true, silver production will continue for a long time because those other metals will continue to be mined. What about the other statements? How true are they?

This book: https://www.amazon.com/How-Day-Trade-Living-Management-ebook/dp/B012C4AU10/ref=sr_1_1?ie=UTF8&qid=1488700356&sr=8-1&keywords=Day+trading

It has small pages, large font, barely over 100 pages, and yet is enough to make a day trader successful with practice.

If you plot the VWAP on most high volume traded stocks you'll be shocked to see how often the candlesticks bounce off it. Those random squiggles you see on a line graph aren't nearly as random as you think.

If you convert that 5 minute chart into a Fibonacci tick chart, you'll be wide-eyed at how clear some patterns become, especially in the afternoon.

Is it this? I found a bunch of other books here.