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Secure Trading Tips In Commodity Market
But the beginning of commodities commerce in correct organized means from nineteenth Century. In foodstuff it additionally covers the opposite valuable merchandise like mcx, gold, silver, copper etc.
Types of Market Traders
1.Position Traders - They are the long term traders. Who take position for a weeks or even months .
Way of Invesmtnet :
Mcx Trader : Gold , Silver
Equity Trader : Stock Cash , Option , Future
2.Brokers β A broker is a mediator between trader and exchange and provide a platform to buy or sell commodities.
Tip : Create your self account for trading to save brokerage money.
Commodity Market
Commodity market is the place where commodity products are buy and sell . The commodity product divide into two category :
Soft commodity :
The agriculture products such as wheat, sugar, soyabean, and other seeds are includes. The soft commodity is divided into soft trade goods and exhausting trade goods.
a. Soft Trade Goods : Wheat, Sugar, Soyabean
b. Exhausting Trade : Gold, ...
... Silver, Copper and Gas & fossil oil.
Hard commodity :
They includes gold, silver, copper and other precious metals and natural gas and crude oil.
Epic Research Secure Tips of Trading :
1. Start trading with fixed amount budget , minimum amount of 10000 is required for trading.
2. Demate account is compulsory for putting online bid on calls.
3. For long term success always trade with given Level, Stoploss and Target.
4. Take Advice to research market analyst and follow them.
βThe goal of a successful trader is to make the best trades. Money is secondary.β
Alexander Elder
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