ONE REASON I PREFER COMMODITIES
over stocks, because unlike stocks, commodity futures such as soybeans, corn, cattle, sugar and cocoa are often predictable. Because they are controlled by supply and demand, which are controlled largely by winter, spring, fall and summer. Here is an example: 76.9% of the time, since 1994, cocoa has begun a seasonal decline on or around March 14th of each year. So, if you were to “go short” cocoa around March the 14th you would, theoretically, have a 76.9% possibility of hitting a winner
IT GETS BETTER
I
won’t enter a market just based up the seasonal charts. That would be suicide, I’m
what is known as a Technical Trader in the Commodities
Market, which simply means, when it comes to trading commodities for me it’s 90% about the charts and special
tools that give me knowledge to discern if the current March is going to be one
of those 76.9% times or not, and if my tools and charts do not agree with the
regular seasonal pattern, I simply stay out of the market.
DON’T BE DECEIVED
You
can lose money in the Commodity Futures.
Therefore, do not enter into Commodities
Market lightly, and only enter if you can afford to lose money and still
sleep at night. Because, if the truth be known, most people lose money before
they learn to win.
Not
only am I a technical trader in the commodity
trading I am also what is known as a Swing Trader. Which means when the
market is going down I am selling short and making money but when the market
changes directions I will long and make money that way also.
I
will enter my order in the evening, along with my protective stop, and then I
will go about my business. I may stay in a trade anywhere from 48 hours to 3 or
4 weeks. Day Traders are just that, they are in and out in a day, sometimes
several times a day, and they must stay glued to their computer all day long. I
do not, as a commodity trading swing
trader I only need to look at my computer in the evening, after the markets
have closed. And by looking at what my technical tools are telling me, I will
make my decision for the next day. And I can do that laying on the beach or any
place else in the world. And it only takes me about 30 minutes a day.
THE LEARNING CURVE
I
have spent thousands of dollars on courses learning how to first trade options, then how to sell options
and then last but not least how to trade commodity
futures.
One
of the great things about what I do is that you can learn to do the same thing
without investing a dime
However,
if you are a novice at Technical Trading, you might want to invest in a little
book called “Technical Analysis for Dummies.”
But
please don’t try to learn everything in the book, it will overwhelm you. You
will, however, need to learn about The Trend in commodity trading, Support and Resistance, Drawing Trend lines and
how to Read a Tick and it might not hurt to read about Pattern Formations also.
With the knowledge of just those few things you will amazed of the advantage
that you will have over the average investor.
COMMODITY FUTURES PLATFORM
Successful
traders use a platform to trade and there are many different platforms
available but when and if you decided to become a trader you will need to
purchase some type of software, BUT NOT NOW.
I
will provide you with the use of the system I use for 14 days absolutely free,
but before you access the free 14 day trial, educate yourself with my Free
Online Course, and again I would recommend that you get the book, Technical
Analysis for Dummies. After you learn the basics you will be ready to access
the Track n Trade Commodity Trading Platform.
Not
only will it give you the tools to trade commodity
futures, day by day, it will allow you to access a bank account filled with
play money, so that you can scroll back in time and practice using the charts
and tools to see how you would have done on a previous date if you had been in
the market, last year, last month or last week and practice what you have
learned, and remember practice makes perfect (almost).
It
is also loaded with training videos to teach you how to succeed in trading commodities or to trade options
In
leaving you, I want to give you one more word of caution. “If Trading Commodities is something you’re
considering, then, by all means, I recommend you purchase the software and the
book, and then spend several weeks “paper trading” with your program, before
you put in any money into the market. Trading
commodities with real money is different than trading commodities with play money.
There are too many scams and too many “vulture” gurus,
giving too many people giving misinformation. That is why I want to
invite you to MY Facebook page, the place where I help folks every day, for
free. No gimmicks. No catches, no credit card, just simply click on my
e-mail address and post your question. I will try to answer you as quickly as I
possibly can.
And if you ever need a hand with anything or are confused
about something, just let me know.
My name is Larry, just shoot me a message and I will be more than happy
to help you out.
Very useful and interesting information shared here. Being a trader I would say market information is very important before investing in market. Commodity tips
ReplyDelete