Mechanical trading systems used in commodity trading if followed with discipline and patience can assist one in their quest for long term success. Many of these systems are based on trend following. One of the most positive aspects of mechanical commodity trading systems is that it helps commodity traders control their emotions ( or at [...]
Posts Tagged ‘commodity’
Understanding Probability and Risk in Commodity Trading
October 9th, 2009
davidguide It goes without saying one must have a thought out plan if they want to succeed in commodity trading. More so a proper mindset is an important ingredient in long term success in commodity trading. One cannot even think about successful commodity trading without first fully understanding probability and risk. In order to have the [...]
Do You Know What is Your Risk Tolerance When Commodity Trading?
October 7th, 2009
davidguide What is your risk tolerance? Most people that I know don’t think about risk tolerance, this is why they do not even know where this threshold is in commodity trading. The fact is most people actually hate to lose money no matter how small the amount is. This is one of the reasons that many [...]
One of the Reasons Commodity Traders Fail
October 4th, 2009
davidguide There are many reasons commodity traders or even stock market investors fail. Read this email that was sent to me. Remember the charts condense all the economic, political and emotional expectations. And yes, every stock market movement is geared solely by expectations, not the real thing………. And that’s what they are telling now: We are [...]
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