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Commodity Trading Alerts
Commodity Future
Trading Alerts
The way I focus on turning points is with a general
alert I wrote for my commodity trading programs.
Whenever there is a buying or selling panic, a computer
beep goes off. This tells me to get into action and
start looking for a price turn. After this signal, I may
or may not see a trading set up to act on, but it keeps
me from wasting time trying to analyze the middle of
moves in progress.
Commodity Trading Price Alerts
Taking visual market snap-shots every so often is the
way to watch the screen.. We must decide what time frame
we are interested in commodity trading and then make our
own alert. This can be an automatic or manual alert. It
may be one-minute bars for commodity futures contract
day trading or weekly bars for long-term positions. We
all have our bad times. But what bothers me is putting
too much money at risk with an all-or-nothing attitude.
Just be alert to this. It's YOUR money at risk.
Commodity Trading Alerts to success in
commodity
trading:
Be alert to aggressive commodity brokers who may try to
"load up" a new client quickly in an attempt to "lock
in" their capital. This means putting all your money
into the market right away. This tactic is sometimes
used when buying options. Options can create a false
sense of hope and safety. They claim there is plenty of
time for a move since commodity options can have several
months before expiration. Yes, lots of expensive time to
sit and hope and wait. But if the futures market goes
nowhere for a few months, the client is shocked to find
his capital has not remained intact, but rather has
eroded severely.
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