Thursday, March 7, 2013
This dynamism intensified competition strong among Chinese and Korean companies on these activities. In refining, the contrast is widening between Europe and the United States, where production capacity stagnated and Asia / Middle East which concentrate 80% of refinery projects. IFP expects a price of about $ 100 per barrel in 2013, after an average of $ 110 in 2012, but rising oil prices could resume in case of war with Iran or Syria. Oil Trading carries many benefits. More reports are available to traders to understand the market trends. These include among others, regular publications and the reports and forecasts of oil producing countries. In addition, this type of trading provides benefits up to 100%. Thus, this sector presents a great risk control.
Monday, April 5, 2010
Trading is a mind game. Having said that, each trading person has different mindset or personality. The most important factors that decide the personality is Emotion and Logic of the Brain. Some take decisions emotionally, and some take it logically, while some take it partly emotional and partly logical. Some have a very disciplined mind and some don’t have that mindset.
So, which one is the best personality to trade in Stock or Commodities Market? Once a trading Guru in USA, trained both ordinary civilians and some former US Marine Soldiers. He taught them to trade in stock markets using Technical Analysis and Fundamental analysis. He trained them in short term trading in Futures and Options. He taught the students where to book profit and where to cut loss of a trading positions. After some period of time, the Guru asked the students to trade on their own in real time with real money.
The results are some what astonishing. The former Marines performed well in the trading than the other students. The Guru analyzed the results and come to know that the former Marines are most disciplined and they followed the trading rules correctly with out fail. That is, because of the discipline they used to follow in military training.
This gives the conclusion that those who follow the trading discipline correctly without any emotion is likely to trade better in speculative Markets.
Are you the one who trades with discipline and logically?