Trading is a process, much like building any business. There is a pattern of success that must be followed, a sequence of events if you will just like starting your car. You do not need to know how the carburetor works or anything about the engine timing. It either starts or not. All you know is that you turn the key and you have power if everything works in the right sequence.
Savvy Futures Traders Can Profit From Changing Economic Forces
May 16, 2012 By
We’ve been talking about commodities and the forces that affect futures trading on the commodities markets. As a futures trader it’s important to have an overall grasp of how the economy, business cycles, social forces and governments affect the availability and control of the natural resources we trade on the commodities markets. Events of the past week are a case in point.
What Type of Trader Are You?
March 16, 2012 By
To Be A Day Trader Or Not To Be
When a person decides to learn how to trade financial markets, the initial realization of how much there is to learn can be quite overcome. Most beginning traders are disillusioned into believing they will be able to turn $10,000 into several hundred thousand dollars in a year, but once a person begins trading, the harsh reality of how difficult trading is becomes very real.
Futures Traders Can Use Media Hype To Their Advantage
July 13, 2009 By
The media, particularly television, has a profound effect on the development of public consensus which can drive movement in the markets. People believe what they hear in the news, particularly on television. The prognostications of television economists and financial experts bombard the public, molding public opinion and forming consensus. The problem is that the views of only a small number of people are aired, but aired repetitively, lifting their judgments from the realm of personal opinion to widely accepted fact. The savvy futures trader can make use of this phenomenon.
