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"
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"
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"
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”
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"
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”
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”
To subscribe only to this update, click here: http://booyinsights.com/subscribe For more information regarding BiMTi read this.
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”
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”