Take a minute to leave your comments after watching this short video about futures market.
From June 13, 2011 www.tradethemarkets.com Live Trading the ES S&P Futures contract. John Carter uses the tick chart to day trade the S&P futures. John Carter is the author of Mastering the Trade and co founder of Trade the Markets. John Carter has been featured on CNBC, Bloomberg, Fox business channel, tastytrade radio. He is a contributor to thestreet and SFO magazine. For more videos in higher quality visit: www.tradethemarkets.com
Question posed by RoastGoose: FX trading vs Commodity trading vs Equity trading?
i’ve somehow met a lot of people that trade forex. I trade the other 2 relatively well.
I’ve never traded forex before, but after looking at the charts for a few currency pairs, 2 observations:
1. There were many bear traps and other kinds of manipulations, almost as if some large fund / bank was triggering buy signals only to sell out.
2. It looked like there were many algorithms going off.
3. Common indicators didn’t really show much efficacy.
It could just be the particular pairs I was looking at during that point in time, but my impression was that it is a lot easier to make money from commodities, which has much more meaningful trends.
So why do people trade forex?
Do people actually find meaningful patterns to trade off of regularly?
It seems much more difficult.
Question by dgeorgiou88: Do you know any program for real time online financial trading on currencies, stocks and commodities?
I am looking for a program that is good for speculations (quick transactions)
My chosen answer:
Answer by Ron Berue Only because I KNOW this works,
THIS IS NOT SPAM.
The products CAN BE integrated with any one of several on-line brokers.
http://globaltecsolutions.com
or
http://wizetrade.com
I MUST tell you:
1] The products are not inexpensive ["cheap"].
2] They are having some “growing pains”. They are trying to improve and change the program.
Question by William M: Do you think that commodity options trading could create a billionaire in his/her early to mid 20s?
I want to know your views and opinions here as to wether you think that commodity options trading could create a billionaire in his/her early to mid 20s?
Also, I heard that a certain Richard Dennis traded commodity options, and in 10 years he turned his $ 400 into $ 200 million. Think if you started with $ 2k, in theory you could have started at my age (18) with $ 2k and ended up with $ 1 billion at 28, right?
What do you think?
Top answer:
Answer by matthewspeed If you KNEW what was going to happen there is no limit to the amount that could be made. A person could easily realize a return of 100% daily on each round trip options contract (one buy, one sell) if they could correctly pick the direction a stock with large option volume was going to move. The problem is being right 100% of the time.
Whether you agree or disagree, why not leave your own thoughts below.
A question from denissalvatierra: Can someone please advise me how can I sell effectively to prospect buyers under commodity trading.?
I am a new Agent under these commodities:
1. Scrap metal –
a. Used Rails and HMS 1 (30K x 12; 60K x 12)
b. HMS 1&2 (30K x 12; 60K x 12)
2. Other commodities -
a. Crude Oil (Mazut 100, LPG and Gas oil D2 from Russia and Qatar with a reseller in Singapore)
b. Urea
c. Iron ore
d. Sugar
e. Cement, etc.
Top answer:
Answer by unni In commodity selling, the price is the most important factor. You just pitch on price, value for money and reliability. Stick to the basics and understand your customer well.