NexusFi: Find Your Edge


Home Menu

 





Where to learn how to trade Commodities.


Discussion in Commodities

Updated
      Top Posters
    1. looks_one sandptrader with 3 posts (2 thanks)
    2. looks_two daytrader10k with 2 posts (0 thanks)
    3. looks_3 Devil Man with 1 posts (2 thanks)
    4. looks_4 leinster with 1 posts (1 thanks)
      Best Posters
    1. looks_one Devil Man with 2 thanks per post
    2. looks_two fyd49 with 1 thanks per post
    3. looks_3 leinster with 1 thanks per post
    4. looks_4 sandptrader with 0.7 thanks per post
    1. trending_up 6,818 views
    2. thumb_up 8 thanks given
    3. group 16 followers
    1. forum 18 posts
    2. attach_file 1 attachments




 
Search this Thread

Where to learn how to trade Commodities.

  #1 (permalink)
daytrader10k
Montreal, Quebec/Canada
 
Posts: 4 since Sep 2013
Thanks Given: 3
Thanks Received: 0

Hi all,

I'm interested in trading commodities (not through ETF's) and I'm looking to get some advice on how to start learning the commodities market.

Does anyone have any suggestions? I need some structure and I'm struggling.

Thanks,

DT10k

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Futures True Range Report
The Elite Circle
Are there any eval firms that allow you to sink to your …
Traders Hideout
ZombieSqueeze
Platforms and Indicators
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Deepmoney LLM
Elite Quantitative GenAI/LLM
 
  #3 (permalink)
 sandptrader 
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
Posts: 498 since Sep 2010
Thanks Given: 1,881
Thanks Received: 472


I am not sure what you already know, so i will post somethings to study.
First what markets do you want to Trade? have you Decided on this already...what fits your Risk Tolerance?
I would Definately open a Demo account and see what markets might work for you as far as:
- Risk Tolerance= Futures or Commodity markets are Risky as in they can take away as much money as you will allow them to if you are wrong on the Direction of Price action.
- Active Trading Times for that market
- Margin Requirements
- Contract Specifications
- Contract Expiration months.
Most Brokers list this info on their site.

I would Study: Technical Analysis of Charts...there are many sites for this.
If you already have a Demo account...then start looking at Price action of the Different size Charts.
The Demo account is where you need to spend your time looking for what you will be learning along the way.
The main thing is do not risk more on a Trade than your account size could endure= Do Not take a Big Loss.
I will try and get some Study Info for you after i see more posts and what you might already know.

Reply With Quote
  #4 (permalink)
 
Devil Man's Avatar
 Devil Man 
Fort Lauderdale
Legendary / Stochastic Calculus is not your friend
 
Experience: None
Platform: Ninjatrader, Python API
Broker: CQG
Trading: ES,NQ,CL
Posts: 849 since Oct 2009
Thanks Given: 3,399
Thanks Received: 1,534


daytrader10k View Post
Hi all,

I'm interested in trading commodities (not through ETF's) and I'm looking to get some advice on how to start learning the commodities market.

Does anyone have any suggestions? I need some structure and I'm struggling.

Thanks,

DT10k

take a look here:




...should be all you need to get started

JD

Reply With Quote
Thanked by:
  #5 (permalink)
 sandptrader 
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
Posts: 498 since Sep 2010
Thanks Given: 1,881
Thanks Received: 472

here is some information for you to read: Learn to Trade Futures / Commodities

Reply With Quote
Thanked by:
  #6 (permalink)
daytrader10k
Montreal, Quebec/Canada
 
Posts: 4 since Sep 2013
Thanks Given: 3
Thanks Received: 0


sandptrader View Post
I am not sure what you already know, so i will post somethings to study.
First what markets do you want to Trade? have you Decided on this already...what fits your Risk Tolerance?
I would Definately open a Demo account and see what markets might work for you as far as:
- Risk Tolerance= Futures or Commodity markets are Risky as in they can take away as much money as you will allow them to if you are wrong on the Direction of Price action.
- Active Trading Times for that market
- Margin Requirements
- Contract Specifications
- Contract Expiration months.
Most Brokers list this info on their site.

I would Study: Technical Analysis of Charts...there are many sites for this.
If you already have a Demo account...then start looking at Price action of the Different size Charts.
The Demo account is where you need to spend your time looking for what you will be learning along the way.
The main thing is do not risk more on a Trade than your account size could endure= Do Not take a Big Loss.
I will try and get some Study Info for you after i see more posts and what you might already know.

Haven't decided on what exact markets I'd like to trade. I'm thinking of trying the Commodity Futures market, I'm trying to learn NinjaTrader so I can automate my trades.

Question about Technical Analysis of charts, with Futures trading are the swings in price determined mainly on external factors (supply / demand) impacting the underlying derivative? E.g. Potential that US might perform air strikes on Syria and that will cause the price of oil to rise? I've traded the equities market and have a good understanding of technical indicators and studies of price movement, position sizing, and risk tolerance. Are there Commodity related analysis that assist in your trades?

Reply With Quote
  #7 (permalink)
 sandptrader 
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
Posts: 498 since Sep 2010
Thanks Given: 1,881
Thanks Received: 472


daytrader10k View Post
Haven't decided on what exact markets I'd like to trade. I'm thinking of trying the Commodity Futures market, I'm trying to learn NinjaTrader so I can automate my trades.

Question about Technical Analysis of charts, with Futures trading are the swings in price determined mainly on external factors (supply / demand) impacting the underlying derivative? E.g. Potential that US might perform air strikes on Syria and that will cause the price of oil to rise? I've traded the equities market and have a good understanding of technical indicators and studies of price movement, position sizing, and risk tolerance. Are there Commodity related analysis that assist in your trades?

Here are some Reports that would effect Futures Markets...this is CL=Crude Oil....Volatile Market....Much Price Movement...High Risk Tolerance Market.
But it shows what the outcome is for these Reports.
There are things like you mention that could effect Price to move.
You seem to already have some Experience with certain markets, so i would just work with Ninjatrader like you mentioned and apply what you already know to get started.

Attached Thumbnails
Click image for larger version

Name:	CL 11-13 (30 BetterRenko)  9_25_2013.jpg
Views:	338
Size:	91.0 KB
ID:	124153  
Reply With Quote
Thanked by:
  #8 (permalink)
 budfox 
Toronto
 
Experience: Beginner
Platform: Sierra
Broker: MB
Trading: ES
Posts: 313 since Jun 2013

thanks this is a great thread

Reply With Quote
  #9 (permalink)
fyd49
Manresa / Spain
 
Posts: 9 since Mar 2013
Thanks Given: 0
Thanks Received: 7


daytrader10k View Post
Haven't decided on what exact markets I'd like to trade. I'm thinking of trying the Commodity Futures market, I'm trying to learn NinjaTrader so I can automate my trades.

Question about Technical Analysis of charts, with Futures trading are the swings in price determined mainly on external factors (supply / demand) impacting the underlying derivative? E.g. Potential that US might perform air strikes on Syria and that will cause the price of oil to rise? I've traded the equities market and have a good understanding of technical indicators and studies of price movement, position sizing, and risk tolerance. Are there Commodity related analysis that assist in your trades?

I don't look at other analysis. It's bad for my psychology.

Take in care that anything related to the arabic world like wars, nuclear programs.. affects to oil price. If the US think on an attack, the price of crude oil will rise 'cause it can't export his oil.

Crude oil is my favorite commodity and it has a great volatility for intraday trading.

Be carefull on trading wednesdays with the crude oil supply!

Good trading!!

Reply With Quote
Thanked by:
  #10 (permalink)
 leinster 
Brussels / Dublin
 
Experience: Intermediate
Platform: ninjatrader
Trading: Stdev + 2
Posts: 468 since Jun 2010
Thanks Given: 844
Thanks Received: 595


Not mentioned commitment of trades should definitely be on ur list :
Commitments of Traders - CFTC

What your looking for is retail to be on one side and large speculators the other side that provides best opportunities if trend following.

Reply With Quote
Thanked by:




Last Updated on March 13, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts