4 Comments Already

mygif
Brendan Said,
October 24th, 2008 @5:51 pm  

I used to be a futures broker in my previous job, and I can tell you that 95% of futures traders lose money. Most of them trade based on their feeling on where the market is going, or based on some news in the market, or based on some news.

In my view, to be a successful futures trader, you must have a system. If you are trading commodity futures, find out the seasonal effect of the commodity you are trading.

For example copper tends to fall after October, that is because copper demand is the least during this period. See here: http://www.commoditiestradingpro.com/2008/08/life-cycle-of-copper.html

mygif
jmot Said,
October 25th, 2008 @8:33 am  

Brendan, thanks for sharing! wow, you really got a wealth of trading-related experience behind you!

mygif
Brendan Said,
October 27th, 2008 @10:45 am  

I used to work as commodity sales, now a forex trader, so I know to learn all these crafts in my work.

This is my lastest article, would be useful to your readers:

Two Strategies That Will Continue To Do Well
http://www.forexandbinary.com/2008/10/two-strategies-that-will-continue-to-do_25.html

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mygif
October 28th, 2008 @7:08 am  

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