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Would you like trade Commodities?

Discussion in 'Beginners Forum' started by sindarin, Mar 15, 2014.

  1. sindarin

    sindarin

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    Well, as we know gold as popular commodities aside from others creates some spikes during this month, and also other commodities such as Oil or Silver.

    So what do you think about this one, would you trade commodities when you have enough capital to do it? and tell me the reason why we should? and feel free to discuss about it.
     
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  3. Decub

    Decub

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    Gold is one of the closest commodities to currency. However, the major hindrance on this is the fact that it requires higher capital more than trading in currency. I would be one of those that would trade in Gold if I have the capital and would hold my position for a very long time. This is because gold tend to soar over a period of time than to trade it in a short time.
     
  4. barood4money

    barood4money

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    If you have adequate knowledge and money then you can trade with crude and gold. I have not traded with crude but i am trading with gold for years. Trading with gold and crude for long term is very profitable.
     
  5. budado

    budado

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    If I have extra funds and time yes I guess I'm going to invest and trade commodities. But its not on daily basis. I just going to wait for some price drop and wait for a little time before I'm going to open a position.
     
  6. sindarin

    sindarin

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    For crude i agree with, the trend showing that crude price tend to rise with small resistance to fall. But for long term it is still profitable especially if you go for LONG, while Gold i think it has some problems too, the price is keep falling and it is uncertain if that will rise once more.
     
  7. Ericthai

    Ericthai

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    Yes, why not. Quite a time back I deposited 1500 USD and made out more than double profit by making small lot trades of Gold in just a month.

    Sometimes when I have free capital, I do things like that :)
     
  8. sindarin

    sindarin

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    I also agree why not?, this is one of the best way to make some money, also commodity price which sometimes good enough to be traded are good more than we could imagine. Plus precious commodity such as Food could bring prosper to the others.
     
  9. budado

    budado

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    I trade gold right now. I have only one position in gold that I hold. I am thinking that its like doing some buy and sell of gold online. So I really don't mind buying gold and holding gold position. I do hope that in the long run I can become a rich trader because of this.
     
  10. Dmitriy Ushakov

    Dmitriy Ushakov

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    To trade gold successfully, you need to choose the right strategy. For beginners, the so-called "game on news" works. In simple workds, gold contracts - namely by means of futures contracts this metal is traded - it is better to buy in a period of recession and do not panic if the price continues to drop. Gold has a high volatility and requires a calm and thoughtful consideration. After a relatively long falling of prices, the probability of returning to their former positions, and even exceeded them, is very high
     
  11. sininfinity

    sininfinity

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    Well I don't like gold or silver. I am not trading but Oil is good and I have my eyes on it. But the movements it make are crazy. And low leverage on it is a problem.
     
  12. summerdibbert

    summerdibbert

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    Most outstanding commodities is gold.Gold is a mind blowing breeze. It has given a medium to riches accreditation for a wide time stream, and it is starting at now elegantly tradeable through gold ETFs. Gold ETFs interface with the assessor to buy gold and net the upsides of the epic metal, while past the weights identified with getting and lodge physical gold. I do trade Gold every so often with SNP Investments. I can also use my autotrading software with the broker.
     
  13. Lee Mark

    Lee Mark

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    No I am not! Basically, I use Forex trading pairs only! My personal trading strategy shows good result on only FX pairs so I my trading instruments are limited! I can’t use any trading pair without any plan.
     
  14. Irina

    Irina

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    I am just some currency trading course, occasionally try trading gold, and maybe later will try CFD trading , commodities as well, because there are many potential benefits can we get
     
  15. Faal

    Faal

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    I think, trading on commodities is always challenging than currency trading! Yes, small trading capital is another issue! By the way, now I am an active player of the Commodities, it’s difficult but I am enjoying my commodities trading.
     
  16. sininfinity

    sininfinity

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    Well as long as you can profit from any trading instrument, it is good. Difficulty will always be there. After all you are trading on one of the most complex markets in the world where very bright minds are also participating.
     
  17. Lee Mark

    Lee Mark

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    Basically; there is no trader who is making money here with 100% accuracy! Because, 100% doesn’t exist here!
     
  18. sininfinity

    sininfinity

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    100% does not exist anywhere. May be in certain stocks where corrupt people can manipulate the price.
     
  19. Tom Latham

    Tom Latham

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    It can be; but in Forex 100% doesn’t exist! In addition, we should set a realistic target.
     
  20. sininfinity

    sininfinity

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    Agree with you. Dreaming about getting rich overnight or within a short period of time won't be happening for anyone.
     
  21. Tom Latham

    Tom Latham

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    On the other hand, I noticed which traders lose their money so quickly they all are trading with an unrealistic trading targets!