What Are The Best Commodities To Trade

Discussion in 'General Trading Discussion' started by Khelo MCX, Aug 7, 2018.

  1. Khelo MCX

    Khelo MCX Member

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    Want to explore about share and commodity market
     
  2. Khelo MCX

    Khelo MCX Member

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    Kindly help me in this question, want to learn about stock and commodity market
     
  3. J_C_Anderson

    J_C_Anderson Senior Investor

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    Look at Gold, you can trade it using CME Futures (GC contracts) or Forex (XAUUSD).
    It is very predictable while using technical analysis, as for me Gold charts are more "freindly", than Crude Oil.
    You can also try to understand it`s fundamentals in connection with general market mood and behaviour.
     
  4. Frank Allan

    Frank Allan Member

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  5. David Ruiz

    David Ruiz Member

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    I think it is simple that Gold is the obvious option that you prefer to trade on when it comes to commodities. However, my preference is more to do with currency pairs. I feel it is easier with USD GBP prediction, it helps me with trading better. But not just this pair but many others as well. If we can work around forecast and predictions from experts, and also good money management then we can make good money!
     
  6. mn_sho

    mn_sho Member

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    gold is the first choice while trading commodity and can trade by using different methods like
    compare it with usdjpy
    commodity reports
    technical, use adx it works good ......etc
     
  7. neerupama vermani

    neerupama vermani Active Member

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    You can invest in gold and crude oil, they give the more profit as compared to other commodities.
     
  8. Phillip Mark

    Phillip Mark Senior Investor

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    One thing that defines commodity traders is; they usually select just a few commodities, based on their tolerance for risk, available capital, and professional knowledge.
    The actual trading of commodities involves more than dabbling in the stock market, so be prepared to devote some time to educating yourself not just on the commodity itself, but how it moves within the market
     

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