Trading commodities can be a rollercoaster. Learning how to trade is a rollercoaster inside a tumbler ride! The learning process can be so intense and painful, at… Read more "How I got out of the hole"
Author: The Journeyman Trader
Booy’s #Commodities #60SecUpdate #29
METALS The political headlines are quieter. Interest rates are inching higher again (after the negative close to the week). USD is being dragged higher. Well, you know… Read more "Booy’s #Commodities #60SecUpdate #29"
Why sitting on your hands is the best thing to do
Sometimes the hardest things to do for a trader is to sit on his hands and do nothing. Somewhere I read Jim Rogers saying that he would do… Read more "Why sitting on your hands is the best thing to do"
Booy’s #Commodities #60SecUpdate #28
To subscribe only to this update, click here: http://booyinsights.com/subscribe METALS With no change in ECB policy the Euro confirmed the negative reversal pattern, which in turn is supporting…… Read more “Booy’s #Commodities #60SecUpdate #28”
Fear the market like you fear your dad
I was once a Dean of Students at a private prep school. I was trained by an "old-school" principal on how to handle various discipline issues among… Read more "Fear the market like you fear your dad"
You have to listen to a lot of noise to identify the signal
There was a time when traders used to “read the tape” to get a sense of where prices were moving in the short-term and to identify where…… Read more “You have to listen to a lot of noise to identify the signal”
Booy’s #Commodities #60SecUpdate #27
To subscribe only to this update, click here: http://booyinsights.com/subscribe METALS * Aluminum and Palladium have retraced about half of the politics-induced rally, as sanctions against Russia’s Rusal loosen…… Read more “Booy’s #Commodities #60SecUpdate #27”
Booy’s #Commodities #60SecUpdate #24
To subscribe only to this update, click here: http://booyinsights.com/subscribe For more information regarding BiMTi read this.
The starting point of a trading plan
Many trading plans focus on the entry signals. I believe, the starting point of a trading plan is a risk management plan that stops you out of…… Read more “The starting point of a trading plan”
Right idea + bad execution = losses
This isn’t a new concept. In fact, it can be applied to many facets of business and life in general. The beautiful thing about trading is that…… Read more “Right idea + bad execution = losses”