Psychology Behind Commodity Trading
Realistic strategies and techniques for getting the most out of trading the different commodity markets
Highlights of Psychology behind Commodity Trading
- Understanding who uses the markets
- Difference between speculators and hedgers
- Self analysis
- Call Activity > Don’t get called-away by surprise
- Money management for your comfort zone – know exact $ at risk
- Minimum dollar required per contract type
- Trading details and money at risk; know your margins
- Different types of commodities
- Know your cutoff times; not all commodities close the same time of day
- Understanding the dollar amounts required
- The devil’s in the details – common causes investors lose money
- Dangers of over-trading
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