commodity trading

10 Apr

Do You Need Advice With Your Trading Account?

in Blog, chart reading, commodity broker, commodity rules, commodity trading, Free 1 On 1 Consultation With Michael Seery, futures broker, Michael Seery, options broker, paper trading commodities, Seery Futures LLC, simulated trading

What Is Your Definition Of Adding To A Losing Position? My rule for adding to a losing trade differs from mainstream thinking because for this reason that if you buy soybeans and the trade goes against you adding to this trade would be adding to a loser, which is correct. However many traders won’t add to the soybean long position but they will buy gold or some other commodity without getting out of soybeans first.

10 Apr

When Do You Finally Exit A Trade?

in Blog, chart reading, commodity broker, commodity rules, commodity trading, Free 1 On 1 Consultation With Michael Seery, futures broker, Michael Seery, options broker, paper trading commodities, Seery Futures LLC, simulated trading

 WHEN DO YOU EXIT A TRADE?--The biggest question that I have been asked is when do I exit a winning trade and when do I exit a losing trade? The rule of thumb that I use is placing my stop loss at the ten day high if I am short or a 10 day low if I am long. The other rule of thumb is to place your stop loss at the 2% maximum loss allowed in your account for any given trade.

10 Apr

When Do You Enter A Trade?

in Blog, chart reading, commodity broker, commodity rules, commodity trading, Free 1 On 1 Consultation With Michael Seery, futures broker, Michael Seery, options broker, paper trading commodities, Seery Futures LLC, simulated trading

When Do You Enter A Trade?  What are your rules to initiate a trade on the long or short side of the commodity market? I have been asked this question many times throughout my career and my answer is simply to buy on a 20-25 day high breakout in price on a closing basis only or sell on a 20-25 day low breakout to the downside also on a closing basis.

10 Apr

Gold Explodes On Flight To Quality

in and Palladium futures, Blog, commodity broker, commodity trading, copper futures, futures broker, futures trading, gold futures, Michael Seery, options broker, platinum futures, precious metal futures, Seery Futures LLC, silver futures

Precious Metal Futures-- Precious metal futures had a wild trading day today with gold opening up sharply higher only to make new lows only to rally sharply at the end of the trading session ending higher by $19 dollars to close at $1,663 an ounce in heavy volume in New York while silver futures finished up only 15 cents to close at 31.66 an ounce.

10 Apr

Coffee Prices Slightly Higher

in Blog, coffee futures, commodity broker, commodity trading, cotton futures, futures broker, futures trading, lumber futures, Michael Seery, milk futures, option broker, orange juice futures, Seery Futures LLC, soft commodities, sugar futures

Coffee Futures--- Coffee futures this morning are holding on by the skin of their teeth up 100 points at 181.80 a pound in the July contract, however earlier the trading session was up over 400 points only to sell off in sympathy with the rest of the commodity sectors and by the end of the session might even reverse lower to a new fresh contract low.

10 Apr

Are Sugar Prices Headed Lower?

in Blog, coffee futures, commodity broker, commodity trading, cotton futures, futures broker, futures trading, lumber futures, Michael Seery, milk futures, option broker, orange juice futures, Seery Futures LLC, soft commodities, sugar futures

Sugar Futures- Sugar futures this morning are selling off over 50 points currently trading at 23.90 a pound breaking out of the 2 week tight trading range to the downside in sympathy with the other bio diesels and crude oil which are lower on today's trading session.

10 Apr

How Low Are Orange Juice Prices Going?

in Blog, coffee futures, commodity broker, commodity trading, cotton futures, futures broker, futures trading, lumber futures, Michael Seery, milk futures, option broker, orange juice futures, Seery Futures LLC, soft commodities, sugar futures

Orange Juice Futures—Orange Juice futures this morning are plummeting for the 3rd trading session down 800 points creating a new yearly low at 145.10 in the May contract with traders continuing to think prices are too high and continue to push prices even lower down to 130 – 135 level which happened several years ago.

10 Apr

Precious Metals Reverse Early Gains

in and Palladium futures, Blog, commodity broker, commodity trading, copper futures, futures broker, futures trading, gold futures, Michael Seery, options broker, platinum futures, precious metal futures, Seery Futures LLC, silver futures

 Precious Metal Futures--- The precious metals have reversed earlier gains this morning with gold trading on the lows of the trading session down $8 dollars at 1,636 an ounce after trading as high as 1,655 an ounce on the night session while silver futures also have reversed earlier gains trading down $.17 cents at 31.34 in a very negative trade in New York today.

09 Apr

S&P 500 Hits 3 Week Low

in Blog, commodity broker, commodity trading, dow jones futures, futures broker, futures trading, Michael Seery, NASDAQ 100 futures, option broker, S&P 500 futures, Seery Futures LLC

Stock Futures-- S&P futures tumbled today finishing down 15 points to close at 1375 which is a new three week low due to the unemployment report which was released last Friday morning with traders expecting 220,000 new jobs added but only received 120,000

09 Apr

What Type Of Trading Indicators Do You Use?

in Blog, chart reading, commodity broker, commodity rules, commodity trading, Free 1 On 1 Consultation With Michael Seery, futures broker, Michael Seery, options broker, paper trading commodities, Seery Futures LLC, simulated trading

 What type of trading indicators do you Use?  There are dozens of trading indicators which include short term and long term scenarios and  too many to mention in this article but there have been some basic indicators that are been around for many years such as the basic moving average, stochastic , RSI, and Bollinger bands which have become more popular in recent years.

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Trading Futures and Options on Futures transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Past performance is not necessarily indicative of future results.

Trading results obtained by a client while trading a demo account may not be indicative of the results obtained
when trading a live account due to the fact that trades are not sent to a regulated exchange but they are sent
to a simulated off-exchange server.

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