cramerjohn004
156 posts
Dec 01, 2022
1:08 PM
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Even when trading conservatively and slowly there is a tremendous amount of money to be made in commodities. Most new traders try to rush it and swing for the fences. You can often control $100,000 worth of commodities with only $10,000 of margin money in your account. (5%-10% leverage) Here's how to take advantage of this leverage...and why those who abuse it lose their shirts.
Take your TIME getting Futures trading into a market. Go SLOWLY when committing capital. Some commodity futures traders act like they're in a race with the market. It's like they must get into the market NOW before they miss the whole move.
The commodity futures contract markets have been around for over a hundred years and have had many bull and bear markets. What's the rush? The market is a paradox in many ways. Instead of giving its biggest and cleanest move in the beginning, it usually does so near the end. The price climax is usually the fastest part of the move and comes near the end.
Last Edited by cramerjohn004 on Dec 01, 2022 1:09 PM
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