How to put money in commodity market

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Hello Friend's,

                    I want to invest in the commodity market, but I am not sure which commodities is best and how to select them. Many brokers call me for investing in gold or crude oil. I am not sure is it right or wrong. At the starting level  how much money put in this market.

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Buying Commodities

  1. Set up a commodities brokerage account.
  2. Decide whether you prefer to invest in commodities, futures or options.
  3. Buy commodities futures.

Buy commodities options.

  1. Developing a Balanced Commodities Portfolio
  2. Maintain an equal allocation of commodities.
  3. Learn trading strategies from successful futures traders.
  4. Consider hiring a professional commodities trading advisory firm.
  5. Test your trading strategy by executing "paper" trades.

Investing in Commodities Stocks, Index Funds and ETFs

  1. Invest in stocks related to a commodity.
  2. Invest in commodity index funds.
  3. Invest in Exchange-Traded Funds (ETFs).

    More Info -- Free Commodity Tips | Free MCX Tips
     

The Fastest Wealth Creation opportunity is Commodity Market in India. 

Do you really want to create Wealth from Commodity Market ???

Learn and Master these Seven steps.

1. CHOOSE THE RIGHT COMMODITY              

 

In commodity exchange there are 1000s of commodities are available for trading, but your success is based on selecting the right commodity.  Example, you can choose Crude Oil , which is the best commodity to trade.  Crude Oil gives you lot of opportunity to create wealth.  Its having good volatility and liquidity.  Further, only need very low investment to start your investment in commodity market.

 

 

 

2. IDENTIFY THE RIGHT EXCHANGE TO TRADE        

 

In India we have two important Commodity Exchange.  MCX (Multy Commodity Exchange)  and NCDEX (National Commodity and Derivative Exchange).  So you have to choose the right exchange based on liquidity and volatility of the commodity.  Let us say we are trading in Crude Oil, MCX is the best exchange which is in parallel to International  Commodity Exchange in Price Movement and Liquidity.

As we know that MCX is the first commodity exchange  in India which started its operations on November 2003 and completing  twelve years of operation and achieved lot of milestones.

 

 

3. UNDERSTAND THE COMMODITY WELL               

 

This step is very important, where you are going to master the fundamentals of the commodity which you are going to trade.  As you know that commodity will be influenced by lot of news nationally and internationally, so you must understand which is the news going to affect your commodity.  This is called Fundamental Analysis in Commodity Market.

 

4. UNDERSTAND THE MASS PSYCHOLOGY OF THE MARKET 

 

Market movement is based on Mass Psychology of the Market.  You can create massive wealth by understanding the mass psychology of the market.  You can master this by learning the Technical Charts.  This is a decision making tool.  So Master the Technical analysis.

 

5. CREATE A SYSTEM TO TRADE      

 

This is called stress free trading.  System building is very important in commodity trading.  A good trading system will have entry , exit and Money management rules.  It will take out the emotions in trading.  So you can enjoy every moment of commodity trading and create massive wealth

 

6. PLAN YOUR TRADE              

 

Planning is very important.  You must do all your planning before market opens.  Execute your plan in the market and never deviate from your plan.  To be successful in trading you must plan your trade and stick on your trading plan.

 

 

7. KEEP A TRADING DIARY          

 

Trading diary is one of the most important tool.  You must keep a record of your trading.  The trading diary will contain at what price you entered the trade and how you exit and what was your risk management.  So this will help you to review your trade and definitely you can improve your trading skills.

So, take the right opportunity with stress free trading, we can create massive wealth from commodity market.

 

                                                                    *******************


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