Remember Me
forgot your password?

Successful Trend Following in Commodity Trading

The question is do you want to be a winner in the commodity trading arena? Trend following in any arena, especially the commodity trading arena is not easy. Commodity trading probably has to be the hardest easiest thing to do. Trend Following makes this somewhat easier if you have the characteristics of patience, discipline and that you can take responsibility for yourself. Even though one would like to be a winner in commodity trading, the fact is that commodity trading is not everyone. There are so many attributes and characteristics of a winner in the commodity trading markets. Firstly, One must park his/her ego. There is no such thing as being right, the commodities trend is right. Your opinions mean absolutely nothing. You can work hard do all the right things and lose money. Yes, this is a very strange business. Winners in the commodity trading field simply want to win. There is no being right, there is no need for recognition and funny enough winners in the commodity trading field aren’t chasing money… They are chasing winning. They just want to follow their rules of their commodity trading systems, be patient and disciplined and they know over time they will win. Successful commodity trading advisors have an edge. Successful commodity trading advisors know they do not need make money every month. Commodity trading advisors know that they will not have a steady earnings stream month in and out. Successful commodity trading advisors know and expect to have down years that can be drawn out for long periods of times ( yes, even two years) and then have a year they are up 75% or even 115%. If they quit at the end of the second year they will loose money and not participate in one year that was triple digit profits…

Look at this example of commodity trading advisor who is a trend follower.

If you want to be a winner in commodity trading and compound your way to wealth, You have a choice…You can trade yourself if you have the discipline and patience to run a mechanical trading system… or invest with a trend following commodity trading advisor.
In both cases you will need discipline…patience to succeed…the choice is yours…

Do you want to be a winner in commodity trading ?

Andy Abraham
www.myinvestorsplace.com

Andrew Abraham

My name in Andrew Abraham. I am a commodity trading advisor - co manager of a commodity pool who adheres to the philosophy of trend following.

Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest Finance Articles
  • More from Andrew Abraham

Auto Insurance Price- How to Get the Cheapest Rates?

By: Seomul Evans | 30/11/2009
Cheap automobile insurance policy is usable. The only method to find out cheesy motorcar insurance policy is to express decision and willingness to search them. Have you had automobile insurance in the past times but was not cheap car insurance policy? Were your rates high and a pain on your...

When You Trade Forex - Never Fuel a Losing Trade Or You'll Be on Your Way to Disaster

By: John Eather | 30/11/2009
To "get a better average price", new traders often add to trades that are already losing. They think they will be able to break even when the market goes in the direction they want. However, most of the time the market moves further against them. A previously small and manageable loss, becomes large and catastrophic.

Auto Insurance Quotes For Dirt Cheap - Especially After You Lost Your Job

By: Craig Realton | 30/11/2009
Did you a moment ago recently lose your job and are currently looking for auto insurance quotes online to save Cash? Things have probably gotten worse in your family because currently there's not sufficient money coming in and you are struggling to make ends meet.

What Goes Down Must Come Up!

By: Bob Obrien | 30/11/2009
This year has been a very exiting time for traders and investors. We have seen a steady climb in prices with controlled pullbacks in the broad market and gold. Using technical analysis we are able to quickly and accurately make informed decisions just from looking at the charts. In the charts below you will see how simple chart patterns along with support & resistance levels can provide excellent low risk entry points.

When Your Small Business Fails

By: Cherryl Hanson-Simpson | 30/11/2009
The entrepreneurial journey can oftentimes be treacherous, as there are many pitfalls and challenges en route to business success. Whether you are new to business or a seasoned entrepreneur, you have to be prepared to take on the risks which are inherent in any enterprise.

High Return Investment Options - Investments For Millionaires

By: Mike Singh | 30/11/2009
Arguably, the global recession has made investing in the various financial markets seem like a higher risk activity because of the economic problems that led to it. You will hear about huge buyouts, real estate busts, and double-digit hedge fund returns. However, in all economic conditions good deals with potential for high returns are available. Read on for more...

Consumer Credit and Debt Counseling - Easy Way To Get Out of Debt

By: Hector Milla | 30/11/2009
Are you deep in debt? Is your credit score suffering? You may want to consider working with a credit and debt counseling service.

Consumer Credit and Debt Counseling - Get Out of Debt Fast

By: Hector Milla | 30/11/2009
How can credit counseling help you get out of debt fast? Consider the following:

How To Invest in a Commodity Trading Advisor

By: Andrew Abraham | 29/11/2009 | Investing
Maybe it is human nature… maybe it is a lack of patience or discipline…or the new word courage…why do so many lose money when investing with legendary Commodity trading advisors? I have seen it over and over again.

Is This The End of The Stock Market Rally?

By: Andrew Abraham | 27/11/2009 | Investing
There are really no isolated incidents in the world. Today we are waking up to the news that Dubai might be defaulting on its debt. Stock Markets around the world are plummeting. There are many other issues that hardly made the news.

Why Is The Price of Gold Moving?

By: Andrew Abraham | 26/11/2009 | Investing
If you think...that I or anyone else really know why the price of gold is moving...you will need to find another article. Guess what...everyone has opinions..The fact however is that the price is going up...and that is why virtually every trend follower ...every commodity trading advisor has purchased gold.

Courage and Knowledge in Commodity & Forex Trading

By: Andrew Abraham | 24/11/2009 | Currency Trading
Yesterday I had an interesting conversation regarding courage and knowledge in commodity & forex trading. If you have been reading my blog you probably know my favorite two words for success in commodity trading are...Discipline and Patience..

Societe Generale “Warning” Of Global Economic Collapse!

By: Andrew Abraham | 22/11/2009 | Wealth Building
Socgen has issued a warning to its clients for a Global Economic Collapse! Seems the timing could not be better with 2012 in the movie theaters all over the world. Before one scoffs off Societe Generale’s warning one needs to take into context that they have been right in the past.

Mechanical Trading Systems

By: Andrew Abraham | 18/11/2009 | Currency Trading
If you look in any commodity or forex publication you will see advertisements for mechanical trading systems. This is an area in which commodity traders as well as forex traders seek to find their holy grail. Well in reality this will not happen with any mechanical trading system on the market.

Mechanical Trading Systems

By: Andrew Abraham | 18/11/2009 | Currency Trading
If you look in any commodity or forex publication you will see advertisements for mechanical trading systems. This is an area in which commodity traders as well as forex traders seek to find their holy grail. Well in reality this will not happen with any mechanical trading system on the market.

Submit Your Articles Free: Signup
Article Categories




Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.17, 6, w1)