22nd February 2007
You can often tell the trading sophistication of someone by their market bias. If they are always looking at the long side, in other words, always wanting to buy, they are probably new to the game. There's many stock traders who don't know what "selling...
22nd February 2007
Have you ever been a hobby newbie and been awed by the top people you first meet? Then after a while you realize they really aren't as smart as you first thought. Later you surpass them and finally realize they hindered your learning rather than helped it...
22nd February 2007
Have you ever been a hobby newbie and been awed by the top people you first meet? Then after a while you realized they really aren't as smart as you first thought. Later you surpass them and finally realize they hindered your learning rather than helped i...
21st February 2007
If we are able to survive any new endeavor long enough, we sometimes discover what it takes to succeed. This certainly applies to commodity futures trading. Most of us cannot learn from others' mistakes. We need to commit errors ourselves to feel the pai...
21st February 2007
If we are able to survive any new endeavor long enough, we sometimes discover what it takes to succeed. This certainly applies to commodity futures trading. Most of us cannot learn from others' mistakes. We need to commit errors ourselves to feel the pai...
21st February 2007
If we are able to survive any new endeavor long enough, we sometimes discover what it takes to succeed. This certainly applies to commodity futures trading. Most of us cannot learn from others' mistakes. We need to commit errors ourselves to feel the pai...
21st February 2007
Actual trading events where things went very wrong - and how to avoid them
The Six Sure-Fire Ways to Fail Trading Commodities:
Just one more story about taking comfortable trades…
Later on stock market guru Joe Granville called the top o...
21st February 2007
Actual trading events where things went very wrong - and how to avoid them
The Six Sure-Fire Ways to Fail Trading Commodities:
6) Take Only 'Safe' Trades
A wise and successful trader once said, “we get paid for putting our hands in the fir...
21st February 2007
Actual trading events where things went very wrong - and how to avoid them
The Six Sure-Fire Ways to Fail Trading Commodities:
5) Load Up With Everything You Have in Your Account
We’ve all read the same stuff about commodity trading money ...
21st February 2007
Actual trading events where things went very wrong - and how to avoid them
The Six Sure-Fire Ways to Fail Trading Commodities:
4) This Is a New Era in Commodities (This Is It-itis)
This is it! It’s DIFFERENT THIS TIME! Don’t you get it...
21st February 2007
Actual trading events where things went very wrong - and how to avoid them
The Six Sure-Fire Ways to Fail Trading Commodities:
3) Trade In Illiquid Markets
A broker friend of mine related this story to me. He was working at a high commission...
21st February 2007
Actual trading events where things went very wrong - and how to avoid them
The Six Sure-Fire Ways to Fail Trading Commodities:
2) Search the internet, newspapers and listen to the TV for NEWS and reasons to enter, support or exit your commodity...
21st February 2007
Actual trading events where things went very wrong - and how to avoid them.
Over 27 years of commodity futures and options trading, I’ve seen a number of commodity traders implode. But it didn’t have to happen. The right knowledge and rules coul...
21st February 2007
There is always "year one" for every commodity futures trader. I had mine and made every mistake a trader can make and more. Here's my story of how I stumbled into the lion's den, got gored a few times and even made some money. My hope is that beginners w...
21st February 2007
There is always "year one" for every commodity futures trader. I had mine and made every mistake a trader can make and more. Here's my story of how I stumbled into the lion's den, got gored a few times and even made some money. My hope is that beginners w...
