Viewpoints of a Commodity Trader

Many traders feel that the key to successful and profitable trading lies solely in finding the “perfect system,” or at least a highly profitable trading method. They fail to realize, and never learn, that without understanding themselves, and mastering the psychological aspect of trading, they will never be truly successful. Without the proper discipline and dedication, any system or method becomes ineffective. In this classic book, the attitude, mental discipline, and philosophy required to become a successful trader are explored by veteran trader Roy Longstreet.

Roy W. Longstreet

Roy W. Longstreet, Chairman of the Board of Clayton Commodity Service Inc., is a graduate of Iowa State College. He attended the University of Chicago, earning a graduate degree in business administration. As a speculator in the soybean complex Mr. Longstreet has earned million-dollar profits. The road to success has been a long one and many lessons were learned for it is said, “If a speculator dies rich, he dies before his time.”