Commodity Trading & Trend Following

Yes that is a big statement, but the majority of forex traders fail. To me it all boils down to one reason only, they do not have a plan. A plan encompasses a risk & management plan, how much of a market to buy or sell, where exactly to enter, where exactly to exit, where [...]

For those of you who want to increase your forex trading knowledge and profitability, I will be speaking at the forex seminar on Sept 12 through the 14th. You will learn trading techniques as well as ways to ensure your safety and preserve your money.
Traders pay only $90 until July 26th, rate goes up [...]

Yesterday I had an interesting conversation regarding courage and knowledge in commodity & forex trading. If you have been reading my blog you probably know my favorite two words for success in commodity trading are…Discipline and Patience…
However the idea of courage & knowledge puts a new light on the subject. The idea of knowledge, one [...]

If you look in any commodity or forex publication you will see advertisements for mechanical trading systems. This is an area in which commodity traders as well as forex traders seek to find their holy grail. Well in reality this will not happen with any mechanical trading system on the market. However mechanical trading systems [...]

In my years of experience trading commodities, it seems the only time mental stops should be used is by a large trader who doesn’t want his open stop sitting in the market for the fear that someone might run their stop. For most other traders having mental stops is a serious flaw in their [...]

The reality is there exists a great deal of correlation between trend following commodity trading advisors… But there are always a difference in their returns…Many times because I have managed accounts I see a great overlap. It seems virtually every commodity trading advisor had the sugar trade. The sugar trade was a perfect setup. It [...]

Too many books and blogs seem to make commodity trading and forex trading seem so easy… The truth can not be further from this…Successful trading is so hard… It is a truly a mental battle..There is no easy money in commodity trading….. You earn it..( that is if you truly want it ). There is [...]

In Commodity trading there are countless answers that need to be answered. The good news…is you get to decide…the bad news is that most commodity traders, stock traders or even forex traders never think of all the questions they need to answer and do not develop a trading plan. If you truly want to succeed [...]

There are many reasons commodity traders or even stock market investors fail.
Read this email that was sent to me. This is an example of one of the main reasons for failure.
Remember the charts condense all the economic, political and emotional expectations. And yes, every stock market movement is geared solely by expectations, not the [...]

The question is… Can trend following end? First of all… anything can happen and it will happen. However as a long time trend follower, in my opinion there are numerous reasons why I do not believe trend following can or will end. The question came up when I was in a meeting with an institutional [...]