The markets
have been bouncing around in a consolidation range and have been flighty to say
the least for most of August. Much of the volatility and quick reversals are
centered on trade issues between the US and China, Japan, France, Germany,
Mexico and Canada. President Trump is trying to get numerous deals done, which
should be an overall positive for the...
If you have not heard by now, most people who trade
commodities lose money. Most of the
estimates range in the 80 to 95 percent range of those who have lost or who are
losing in the world of trading commodities.
Those statistics are dismal for someone who wants to venture into
trading commodities. Fortunately, in my
opinion, a large amount of this...
Cold weather is finally arriving across the US that can
actually have an impact on natural gas prices. The updated forecasts for early
to mid-November came out on Friday and they are calling for much colder weather
than expected. While temperatures are currently cold across much of the Midwest
and Northeast, the cold blast next week is expected to spread into...
I believe gold prices will move higher over the long term,
but there are some warning signs in this market that I can’t ignore. The most
notable one is the outside bar reversal on the weekly charts at the beginning
of September. I also get the feeling that the general worry barometer has
dropped in recent weeks and that can be...
Each brokerage firm sets their minimum starting size for
accounts. Normally, it starts at $5,000,
but I have seen them as low as $1,000.
It is common for first-time traders to start trading with a $5,000 to
$10,000 account. However, there is a
learning curve with trading futures and the account size should fit the
experience level, financial situation of the trader, markets...
