Trading Techniques  |  MAY 2000

Long-Term Commodity Trades by Andre Zupans

Using Paper And Pencil, For Cotton Long-Term Commodity Trades by Andre Zupans Large commodity firms, commercial producers, and mature speculators know that capturing huge moves in commodity markets may take years. HereÕs that technique, demonstrated nicely. If you believe the news media, short-term traders and daytraders are everywhere. Certainly, their numbers have exploded due to the unprecedented bull market in stocks. Are they consistently successful? Doubtful. Transaction costs, overtrading, and small profits and large losses plague these short-term traders. Long-term trading eliminates most of these problems, a good strategy is required in order to be a successful long-term trader. Discipline and patience is also a prerequisite for making money in any time frame, but especially for long-term trading.

by Andre Zupans