InvestorQ : How many commodities do you suggest I trade at a time? I am planning to trade, gold, crude oil, cotton, mentha oil and copper. What do you suggest?
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How many commodities do you suggest I trade at a time? I am planning to trade, gold, crude oil, cotton, mentha oil and copper. What do you suggest?

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1 year ago
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Relax, relax. You are going overboard selecting too many commodities for trading. Is there any expertise that you have in commodities? For example, it is hard to track and build expertise in too many commodities, so stick to just a handful. There are many types of commodity trading so you are able to select from your preferred fields according to the commodity trading markets. You need to improve yourself according to trading choices because understanding the inner working market depends on your ability to focus in a particular area of expertise. When you trade a commodity, you need to understand in-depth the nuances of the commodity, its demand and supply etc. Ideally stick to your knitting and focus on one or two commodities where you have total expertise. Commodity trading is largely about expertise in trading.

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