Many who become commodity brokers do not survive past the first two years. The brokers who work hard and understand what it takes to be successful tend to have long and prosperous careers as commodity brokers. Are you one of them? Being a commodity broker is not just about trading commodities. You have to be a salesman, a market analyst and you have to provide customer service to multiple accounts on any given day. Some days will be absolutely exhilarating and other days you will just be feeding...
5 Feb
Commodity investors hire a commodity broker to help with their trading. Others will invest in commodities on their own then use an online broker. It is in the best interest of new traders to find a full service commodity broker who can help them learn the mechanics first of the markets and achieve profits. Benefits A broker does a lot of research on the markets, so they are able to spot regular trading opportunities that new traders miss. Many new traders will get caught-up in the emotions...
5 Feb
Demand > Supply = Higher Prices Supply > Demand = Lower Prices A means of analyzing commodities and trying to predict where the prices of commodities should be trading and what they will do in the future is Fundamental analysis. The main basis for fundamental analysis is supply and demand. I like to look at commodities that are trading at multi-year highs or lows. Eventually, the picture will change and that will lead to a good trading opportunity. Supply and demand is a very simple equation,...
5 Feb
It means that you should trade with the trend of the market to increase your chances of success. Something like going with the flow. A trend is defined that prices are steadily moving higher or lower over a period of time. It is consider an uptrend if prices are rising over time. It is considered a downtrend if prices are declining over a period of time. Prices are more likely to continue in that same direction than reverse. You put the odds much more in your favor by trading this way. Other professional...
5 Feb