Learn How To make $1000 with Commodity Trading
Commodity trading is fast becoming the weapon of choice for a growing number of people who
want to earn big money from their investments. This is because commodities represent an everexpanding list of products that may be traded, from metals and petroleum, to agricultural goods,
to consumer products and even to certain financial instruments and currencies.
When compared with other trading avenues, commodity trading presents infinite options, which
a first-time trader might find valuable and easy to understand.
Small traders initially trade on commodities like grains, meats and certain metals because they
are have lower margins compared to the other products.
Experts say that first-timers should begin with a combination of around six to eight commodities
during their initial attempts to ensure proper monitoring and to be on the safe side, as well.
Commodity trading is usually tracked on a daily basis, so it's best that there are only a handful
of eggs in your basket at the onset to get a feel of how the market works.
In fact, even the most expert traders opt to have just around 8 markets under their wing,
because tracking too many markets that are moving at the same time eventually becomes a
tedious task.
Traders are advised to avoid large range commodities because the risk of losing is greater with
these products.
You may want to start with corn market, because its highs and lows are often predictable and
you don't have to worry too much about high margins. Wheat is also a good first choice because
it moves much in the same way as corn. In the meat market, cattle is a workable jump-off point,
though some experts urge against it because it often leads to a pretty wide range.
Products will large ranges include soybeans, cotton and sugar. In the past, sugar was
considered a low-margin good because you don't really risk much when you get into it
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