Does anyone have any information on commodity investing and or trading they can pass on to me?

Question

I would like to become an investor, and am looking for something simple to get into. I have been told that commodities are one of the easiest methods to begin, yet I know no one doing so. Any advice, help, tips, or detours to something a little more simple will do for me as I plan to follow some through the next year and begin investing around the end of next year or the beginning of 2009

Answer 1

As a very experienced professional investor, STAY AWAY. I could produce a long list of reasons to stay away as an inexperienced investor but I will give you a few:

1)Insider trading is not only legal, it is expected. There are people who know the true supply of cotton, in fact, there are four groups of them and they trade against retail investors.

2) They are not simple. Stocks are simpler investments.

3) Do you really want to take delivery or be obligated to deliver 30,000 gallons of heating oil? Where will you put it? If not, why do you trade it?

4) In the event of a crisis, can you deliver the required corn of your investment.

5) In the event of a crisis, and the markets are closed by the government and contracts come due, do you have the cash to support them outside this account?

6) Do you understand the supply and demand dynamics of the commodities you are trading?

Commodities are for gamblers and professionals. Individual investors do not belong there.

Answer 2

What ever type of figuring out to purchase and advertising U could desire to decide to do, start up with a pretend account. occasion: start up figuring out to purchase and advertising at homestead on PAPER, writing all of it down. purchase, sell, purchase, sell and if U make funds on paper and experience helpful then U could enter the markets. purchase some books. ultimate of all is a e book on Charting. only via know-how CHARTS do U have any threat of thrashing the industry. There are some online provides for a path (pretend) account to coach your figuring out to purchase and advertising. submit to in techniques that's all approximately threat. The extra threat the extra income. Lowest threat = purchase gold. Gold funds or gold bars only. Medium = income monetary institution. severe = share figuring out to purchase and advertising. larger = Commodities, distant places funds and so on. I exceptionally much forgot approximately TIME. Do U have the Time to spend monitoring the industry, analyzing each and all of the records, information and so on. A industry is open some the place 24hrs an afternoon, 7 days each week and that all of them result you by some ability. stable success.

Answer 3

Open a brokerage account at Zecco and I will help you for FREE. (I am a Portfolio Manager)