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Commoditizing the world

Let's discuss commodities; With the latest Enron situation, it is important to understand the way things work. A commodity is anything useful, especially a transportable agricultural product or mining product. This comes from the Latin word "commoditas" meaning roughly advantage, convenience. So then what is a commodity? Well we consider Gold, Silver, wheat, corn, pork bellies, coffee, etc all commodities. If you look in the back of the WSJ or Investors Business Daily you will see a listing of all the commodities traded on the commodities exchange. Enron made some errors no doubt, but let's not judge all commodity markets in haste. Commodity trading works best when there is a stable instrument of trade. Sometimes the instrument of trade is actually the commodity. If you looked most countries of the world today you would find that there are three basic instruments of trade; money, as in currency, precious metals and gems, drugs; like cocaine, opium, and
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Distinguishing Traits Of Successful Traders That Can Help You Join The Winning Club

Even the most successful traders do not win on each of their trade entries. What it means is that you will also lose money, before maturing into a seasoned trader. By studying the distinguishing traits of those who are making money on trading literally everyday, you can learn a lot of things. It still does not mean that they do not lose money, but they have learnt to manage the wins and losses with different trade strategies. Studying them can possibly cut a year or 2 from your learning curve. Traits of Professional Traders Planned approach - They have planned their trading strategy in advance. They know - The entry cues Their risk per trade in dollars Trade management techniques Money Management Their exit plan Stick to a premeditated approach - Each move you make should be according to your strategies. Without proper planning, you can easily stumble into pitfalls like overtrading, mismanaging trades, not taking in profits when you should, taking too much
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Forex MegaDroid - The Trading Robot That Applies Two Trading Strategies

It is important for novice traders to gain the basic knowledge of Forex trading at the very beginning of their attempts. After you get the rough ideas of what those charts, tables and axis mean, then you should study in details about which trading style suits you the most. Currency trading involves completely different styles. People should opt for their own strategies, but basically there are two primary types of analysis: the technical and the fundamental. A few traders would choose one of the two, some will combine them, others just follow what the robot tells them. Forex Megadroid belongs one of the few automated programs that applies both trading strategies. Forex traders who choose to use technical analysis always base their analyzes on the currency market trend. They read charts and recognize the common patterns for the price movement. Different traders may employ various reporting system to make the analysis easy to read or update. For the users of technical analysi
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