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better luck in commodities?
- Thread starter dac8555
- Start date
Quote from Mike805:
Better luck?? WTF... listen to the guy that said you should do something other than trade.
Are you really asking if you'll be profitable in a commodity market rather than an equity market?
The answer is NO.
i dont think i phrased the question well.
If i can try to make a silly comparision...it would be like me always having driven a compact car...it is fine, but has its issues. it is small, and doesnt have ALL the qualities i am looking for. I am asking someone who has had a compact car AND a 4x4 truck, if they like the qualities of the truck better, and if those qualities are what i am looking for.
I think SOME commodities respond more to fundamental or macroeconomic changes better or more accurately, hence creating a more even trend. which is a feature that i would be looking for. For example, i had some shorts on yesterday, that actually went into the green for no apparent reason at all. no earnings, nothing. I was stopped out on a homebuilder under similar circumstances.
i like things to be a little more logical...helps in the strategy.
I am not sure i understand where the "quit trading" comments come from.
Quote from dac8555:
i dont think i phrased the question well.
If i can try to make a silly comparision...it would be like me always having driven a compact car...it is fine, but has its issues. it is small, and doesnt have ALL the qualities i am looking for. I am asking someone who has had a compact car AND a 4x4 truck, if they like the qualities of the truck better, and if those qualities are what i am looking for.
I think SOME commodities respond more to fundamental or macroeconomic changes better or more accurately, hence creating a more even trend. which is a feature that i would be looking for. For example, i had some shorts on yesterday, that actually went into the green for no apparent reason at all. no earnings, nothing. I was stopped out on a homebuilder under similar circumstances.
i like things to be a little more logical...helps in the strategy.
I am not sure i understand where the "quit trading" comments come from.
Like I said before... why don't you just open up an account and try?
Is that a problem for you to do?
Open up an account at greenstreet.com if you need to or something. Put in 2k, and see if you like it.
Or use a simulator, and any broker I'm sure will let you try trading them on sim.
There is your solution, no need to bother asking others what YOU think is better.
It only matters what you think.
Take the advice, and stop wasting time.
I am asking someone who has had a compact car AND a 4x4 truck, if they like the qualities of the truck better, and if those qualities are what i am looking for.
Plus... when you asked this question... does it really make any sense?
What are you looking for then.
Do you want what everyone has told you about futures, or do you want to stick with equities.
It just seems like you are asking others to make the decision for you. It won't make you a better trader what we think. Only what you think and can do.
Quote from dac8555:
i don't think i phrased the question well.
If i can try to make a silly comparison...it would be like me always having driven a compact car...it is fine, but has its issues. it is small, and doesn't have ALL the qualities i am looking for. I am asking someone who has had a compact car AND a 4x4 truck, if they like the qualities of the truck better, and if those qualities are what i am looking for.
I think SOME commodities respond more to fundamental or macroeconomics changes better or more accurately, hence creating a more even trend. which is a feature that i would be looking for. For example, i had some shorts on yesterday, that actually went into the green for no apparent reason at all. no earnings, nothing. I was stopped out on a homebuilders under similar circumstances.
i like things to be a little more logical...helps in the strategy.
I am not sure i understand where the "quit trading" comments come from.
Trading is not logical, rational, predictable, etc, etc... apply whatever cliche here. Some have suggested that if you need logic and rational behavior in the line of work you choose, then trading is not for you. I believe this as well as the fact that luck has little bearing on your success.
There is order in price movements, but the actions behind such movements are not understood until after the fact. Fundamental and macroeconomic events drive people to make decisions and hence buy and sell. It is a matter of perception that creates a price flow. This applies to a specialist driven stock or a currency future. The participants move the market, not the fundamentals or the macroeconomic events, these ideas instill beliefs in the individuals that choose to make a decision.
Your car comparison works in the sense that some are faster and some are more difficult to maneuver. Whatever you like to drive is what you should drive.
INTC and GOOG are good stocks to compare. What types of participants trade these stocks? Why?
The same questions apply to futures. Who trades them and why? What types of perceptions/beliefs, be it chart based or event based, move prices?
These questions can be asked and applied to any market anywhere.