Hardcover: 206 pages
Publisher: Pennwell Pub; unknown edition (January 1, 1997)
Language: English
ISBN-10: 0878147098
ISBN-13: 978-0878147090
Product Dimensions: 6.2 x 0.7 x 9.3 inches
Shipping Weight: 1.1 pounds (View shipping rates and policies)
Average Customer Review: 4.0 out of 5 stars See all reviews (13 customer reviews)
Best Sellers Rank: #250,919 in Books (See Top 100 in Books) #10 in Books > Engineering & Transportation > Engineering > Energy Production & Extraction > Fossil Fuels > Natural Gas #69 in Books > Business & Money > Investing > Futures #85 in Books > Business & Money > Investing > Commodities
Was very pleased with the material contained in this book. Although I am a beginner in the natural gas trading field, I found Sturm's book both easy to understand yet challenging in its scope. A great deal of emphasis is placed upon various hedging techniques and many helpful diagrams are included to portray the trading flow. Overall a very unique and insightful book for beginners and for those with years of experience in trading natural gas.
I have not seen any book that describes its domain with such generous detail and is geared for real life trading. The contents may not be enough for those who trade only financial energy instruments, but it is indeed a good course material for the market makers, and hedgers, namely end users and producers. I highly recommend this book to those who are involved in natural gas industry.
Even if you do not have a solid understanding of derivatives, this book is really good explaining step by step how the different derivatives are used for hedging natural gas; regardless if you are the producer, trader, or end user. The author gives many examples of how each derivative works. I highly recommend this book if you are starting out as a junior trader, risk products trader, supply planner, etc.
I've spent time trading bonds for a corporate industrial company and needed a resource to understand the natural gas market. I found this book to be an outstanding overview of the trading process, trading jargon and hedging strategies. This book is generally written for someone who is (or hopes to be) an employee of a natural gas marketing/trading company. It is not written for the individual investor who is looking to open up a commodity trading account online. Having said that, I don't think that the book is a waste of time for the individual investor. It is very informative and complex trades are flowcharted for the visual learner. I feel that this book is a "must read" for anyone interested in working on the gas trading desk at a marketing/trading company.
Great handbook if you work in natural gas operations, scheduling, supply, or if you just want to learn more about how natural gas pipeline systems and supply work. I work in commercial operations for a natural gas marketer, and I am finding this book to be very helpful when I need quick, to-the-point explanations on how certain hedging strategies work. Also gives a nice quick overview of how physical pipeline systems and scheduling works. It's not cheap, but if you have a good application for it on a day to day basis (or if you really like learning things in detail), I would recommend this book.
provides a very good basic understanding of how gas is traded.just enough technical detail to be useful, without getting into the "Greeks" of determining option value.
The principles of gas trading laid out clearly and concisely. Perfect for my needs.
Options Trading: A CherryTree Style Trading Book(Options Trading,Options Trading for Beginners,options trading guide,options trading tips,binary options trading,trading options,option strategies) Natural Gas Trading: From Natural Gas Stocks to Natural Gas Futures- Your Complete, Step-by-Step Guide to Natural Gas Trading Option Greeks - Options Trading Greeks Simplified And How To Use Them To Profit 'By The Numbers' (Options Trading, Options Trading Strategies, Options Trading For Beginners, Stock Options, Options) Options Trading: Strategies - Best Options Trading Strategies For High Profit & Reduced Risk (Options Trading, Options Trading For Beginner's, Options Trading Strategies Book 2) Options Trading: QuickStart Guide - The Simplified Beginner's Guide to Options Trading (Options Trading, Trading Options, Options Trading for Beginners) Options Trading: Strategies - Best Options Trading Strategies For High Profit & Reduced Risk (Options Trading, Options Trading For Beginner's, Options Trading Strategies) (Volume 2) Trading Natural Gas: Cash, Futures, Options and Swaps Day Trading Strategies: A Beginners Guide To Day Trading (Day Trading, Trading, Day Trading Strategies,Day Trading Books,Day Trading For Beginners,Day Trading Stocks,Options Book 1) Options Trading for Beginners: How to Get Started and Make Money with Stock Options (Options Trading, Stock Options, Options Trading Strategies) Options: 3 Manuscripts Options,Options Strategies,Options Advanced (Day trading,Trading,Stocks,Options Trading) Options Trading:: Simplified Options Trading Guide For Generating Profits On An Ongoing Basis (Options Trading Strategies, Investing, Day Trading, Stock Options,) Options Trading Successfully for Beginners: Making Money with Options in just a FEW HOURS! (Investing Basics, Investing, Stock Options, Options Trading Strategies, Options Strategies, Book 1) Options Trading: Make Money With Powerful Options Trading Strategies (options trading, day trading, investing) Options: Powerful Advanced Guide To Dominate Options Trading (Day trading,Trading,Stocks,Options Trading) Options Trading for Beginners: 7 Steps to Earning $2,000 per Month Option Trading in Less than 20 Hours a Week! (options trading, options trading for beginners, ... stock investing, how to trade option) Trading: 6 Manuscripts + 8 Bonus Books - Forex Guide, Day Trading Guide, Options Trading Guide, Forex Strategies, Day Trading Strategies, Options Trading Strategies Day Trading: 3 Manuscripts Penny Stocks Beginners, Options Trading Beginners, Forex Beginners (Trading,Stocks,Day Trading,Options Trading) Day Trading: Trading Guide: Make Money on Stocks, Options & Forex (Trading, Day Trading, Stock, Options, Trading Strategies) Day Trading: Day Trading for Beginners - Options Trading and Stock Trading Explained: Day Trading Basics and Day Trading Strategies (Do's and Don'ts and the Small Letters) - 3rd Edition Day Trading: Day Trading for Beginners - Options Trading and Stock Trading Explained: Day Trading Basics and Day Trading Strategies (Do's and Don'ts and the Small Letters)