Listen up new traders

[SSI]

Just wanted to call you that......

seriously...........

Namanthfan, has listed a few books to read here..

i also want to tell you this.....

if you study commodities and start to learn a few things........ and you get to the point of wanting to trade......

Consider buying an Option as your first trade....... your risk is limited 100% to the cost of your option....

true story (100% true)......... my first trade was a purchase of a Nov Orange Juice 85 call option.............. OJ was trading in the 70's at the time and the option cost me around $300......... it had about 3-4 weeks left until expiration..... i got a pretty nice move up in OJ and sold the option for $1100....... i made $800 on my first trade........ true story.

btw, today OJ is trading in the 190's

 

[Mikeyboi49]

SSI I love to have some guidance as to where to start... I always had a interest in the market but seem like there is too much to learn at once, please show me where to start... thx

 

[SSI]

i was introduced back in the early to mid 90's..

ive been away a few years......

type in "Phantom of the Pits"..........

it will take you to an online book article........... read that....

Namanthfan has also listed a few books here to read........ he has a thread..