Commodity Trades

[desrat]

WNO, good luck with your learning......

if you ever need any real solid advice, poster heart222 should be able to provide you with it.....

as for me, i wish there was at least one person on this forum that traded commodities.............

sad to say but trading commodities is like speaking chinese......

im still in my 2 spread trades (this is trade 5)......... looking for a combined $400 profit off the 2.......

Hope to be there with you soon. I've been reading, hand charting and trying some paper trades to get further along the learning curve. My problem is forgeting everything I have done with equities. Thought I might find some common ground between the two but when I fall back on my equity habits I seem to make the wrong call. I feel like I'm in Commodity 1st grade compared to grad school in Equities. Hoping to be good enough and comfortable enough by the end of the year to be trading for real.

Don't give up your posting for a seeming lack of interest here. I am sure there are many people along for the ride who just don't post, or post as infrequently as me.

 

[Fishhead]

CORN is heading to $5.00 a bushel it appears...............

Hope some of you have some quality IOWA FARMLAND these days............something that I have recommended for 5+ years on this forum almost on a monthly basis.


:money8: :money8:

 

[SSI]

desrat, not going anywhere........... plan to be trading for a living by july 08.........

fishead, just need to keep buying the dips in all the grains.........

 

[heart222]

if someone is talking about bollinger bands which represent 2 standard deviations of a 20 day moving average. i use the 2 standard and then add a 1 standard deviation line on the same chart. if for instance something has gone up againstthe 2 standard line big move up or down. then if i am looking to fade the move i may wait until it moves back insidethe 1 standard deviation line. example something has a 2 dev of say 220 and the 1 stand dev is say 195. the item is trading against the 220 i woulod not go short against until it came thru 195 going down. hope this helps and dosent add to the confusion.
it dosent matter if it is a stock or a commodity a chart is a chart and the lines etc are the same. regards heart222