This book is the most understandable book for explaining the basics about commodity trading that I have read.
Futures trading is the name of the game and it involves trillions of dollars every year.
How it all works is relatively unknown but every day investors have profits or losses ranging from the price of a cup of coffee to the price of a house. Aside from ordinary people trading from their kitchen table, futures is a financial vehicle used by professional investors, corporations, pension funds and municipalities. A person does not have to be rich to trade but should know the pitfalls. This book, written by an independent trader, explains how money is made, what to watch out for, and how to limit losses. He just explains how it all works in an interesting style, using wit, humor, trivia and a conversational tone.