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God in the Pits: Confessions of a Commodities Trader [Paperback]

Mark A. Ritchie


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Product Details

  • Paperback
  • Publisher: Thomas Nelson Inc; Reprint edition (January 1990)
  • Language: English
  • ISBN-10: 0840731981
  • ISBN-13: 978-0840731982
  • Product Dimensions: 13.7 x 12.7 x 2.5 cm
  • Shipping Weight: 159 g
  • Amazon Bestsellers Rank: #942,180 in Books (See Top 100 in Books)

Product Description

From Library Journal

The drama of high finance is amply spotlighted in these "confessions" by the founder of one of the world's largest options trading companies, but skeptical readers anticipating self-justification are in for a happy surprise. As Ritchie casts an ironical eye on the commodities market, his fundamentalist roots, and especially himself, his wit and honesty are very appealing. Moreover, he has a genuine capacity for discerning and conveying spiritual insights--with a refreshing lack of ego inflation. God in the Pits is a welcome and unusual item in the confessional genre.
Copyright 1989 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

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Amazon.com: 3.8 out of 5 stars  4 reviews
5 of 5 people found the following review helpful
5.0 out of 5 stars Read but heed! Nov 21 1998
By Alan Galloway - Published on Amazon.com
Format:Hardcover
I've rated this book five stars but can only recommend it to those who will honestly look at themselves and listen to what the author is saying. This book is NOT primarily about commodities trading although traders (especially "part-timers") should read it. It's an autobiography that starts with the author's means of livelihood but then moves into a far more important aspect of his life - something few have the honesty to think about, and of which fewer still are willing to write about publicly.

After trading a small account (and losing) for a year I ran across this book. I was excited and encouraged by the author's successes but chose to ignore or downplay his failures and warnings. "Surely that wouldn't happen to me, a Christian...after all, my motives are of the highest order [or are they?] and I would gladly donate half of what I make to good causes" [as long as it's half of a million]. In short, I didn't fully understand the subject which comes out as the main focus of this book, and because of this, I didn't heed the warning to us over-confident part-timers. Nevertheless, after near-bankruptcy three years later, I have a much better understanding of the more important things Mark Ritchie attempts to convey.

On second thought, based on the main focus of the book, I FULLY recommend it to all who can get their hands on it! Better to expose underlying bankruptcy and hypocrisy now, thus creating desire for a cure, rather than later when the remedy is no longer offered. I dare you to read it with an open and honest mind, but be especially careful, and read some of the primary source material cited. If this doesn't stir up your thinking you probably can't be stirred!

2 of 2 people found the following review helpful
5.0 out of 5 stars One of the best books I have ever read! Mar 3 1998
By donc3@bellsouth.net - Published on Amazon.com
Format:Hardcover
I read this book in just two sessions. I have traded commodities for the last five years. Mark Ritchie's descriptions of the trading process and his reasons for amatuers to avoid the commodity markets are well said and VERY true. He search for his personal relationship with God is something that few others will ever have the courage or stamina to persue, but should. I don't remember the last time I read a book that impacted me the way that this book did. It is truely a MUST read for all who are serious about the commodity business, for the psychological approach to the markets, and to all who search for a true and living relationship with God. HIGHLY RECOMMENDED!!!
1 of 1 people found the following review helpful
4.0 out of 5 stars a good book for wiinning in life not just in commodities Jan 23 1998
By Bill Field (bilfield@ix.netcom.com) - Published on Amazon.com
Format:Paperback
For over 20 years, I have been in the securities business which is similar to the commodities business. I have seen a lot of men and women make millions. Yet many of these people are no happier now than when they had very little money! Seem impossible? Trust me, I see it happening everyday! This book deals with the spiritual and emotional side of making money which is so crucial to keeping, enjoying, and controlling money rather than letting the money be in control.

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