Using Paper And Pencil, For Cotton
Long-Term Commodity Trades
by Andre Zupans
Large commodity firms, commercial producers, and mature speculators know that capturing huge moves in commodity markets may take years. Here’s that technique, demonstrated nicely.
If you believe the news media, short-term traders and daytraders are everywhere. Certainly, their numbers have exploded due to the unprecedented bull market in
stocks. Are they consistently successful? Doubtful. Transaction costs, overtrading, and small profits and large losses plague these short-term traders. Long-term trading eliminates most of these problems, a good strategy is required in order to be a successful long-term trader. Discipline and patience is also a prerequisite for making money in any time frame, but especially for long-term trading.