How to manage Commodities Trading Account

Commodities mainly gold and silver has seen a viscous fall in last 2 days, Buy on Dips Theory have suddenly vanished and many traders are having huge MTM after getting stuck with longs at higher levels. Today Article we will discuss how can a trader effectively manage a Commodity trading account.

During our childhood we all heard of Turtle and Rabbit story where Rabbit a fast runner got of to an unsustainable quick pace and does some silly thing along the way and gets defeated by slow paced Turtle. So what we can learn from the Story, Most of traders i have interacted with trade in commodities  because they are volatile,move quickly  and quick money can be made in matter of days. As Human we always think about rosy scenarios, what if the trade goes against and instead of making "Huge" money you loose a big amount. Well in case of most of traders its always other way round ie. Loosing Huge Sum of Money.

Commodities can move..

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