How to trade in commodity becomes an important question
when traders don’t have reason to their losses.
Trading in commodity market has changed significantly after introduction of commodity exchanges (MCX and NCDEX). The Gold and Silver were said to be always rising and trusted investment instrument. However, recent crashes in price of Gold and Silver has changed traders perception about commodity trading.
Commodity trading requires proper knowledge of – how to trade in commodity. A trader must have understanding of Indian and International commodity market. He should be well able to analyze micro & macro economic data, industry data and map moves of market makers (operators). Price forecasting of commodity and emotional control needs to be polished.
In such a scenario a smart trader should join commodity trading courses.