TABLE OF CONTENTS

• An Introduction to Commodities Trading
• The Las Vegas System
• Supply/Demand
• The Scale Trading System
• Why You Can't Lose
• The Bankroll
• Selecting the Scale
• Worth 10,000 Words
• The MidAmerica Contract
• Taking a Profit
• How Can I Lose?
• Taking a Loss
• The Complex Scale
• Scaling from the Short Side
• Starting Too High
• The Rollover
• Compensating for Carrying Charges
• Selecting a Broker
• Selecting a Brokerage House
• Discount Commissions
• The Managed Account
• Accounting and Tax Considerations
• Partnerships
• Trend-Following Systems
• Why Doesn't Everyone Scale Trade?
• Some Useful Guidelines
• Patience is a Virtue
• Track Records
• Interest Rates and the Federal Reserve
• So, You Want to Manage Commodity Accounts?
• The Stock Market--Look Out Below!
• General Questions
• Make Inflation Work for You
• The Psychology of Commodities Trading
• Specific Recommendations