The Commodity Trader's Daily Magazine
and Learning Resource Center
NASDAQ, Dow Jones, E-Mini,
S&P 500 Stock Index, T-Bonds, Crude Oil, Heating Oil, Soybeans, Wheat, Corn,
Coffee, Sugar, Orange Juice, Live Cattle, Pork Bellies, Gold, Silver, Japanese Yen,
German Mark, Swiss Franc, Mexican Peso, etc.
Online trading, trading systems, trade recommendations, newsletters, investment books, computers & software,
managed accounts, etc.
Whatever your area of interest, we hope you will make this your first stop as a trader whenever you hop onto the Internet.
Our purpose is to provide daily free information for commodity traders
worldwide. We look for what is valuable, timely, and helpful in order to (hopefully) make
better informed investment decisions. We do not receive any compensation from any person
or organization listed on this site.
How To Get The Most Out Of This Site
We have several kinds of information available:
- Market commentaries and trading suggestions, both at the beginning and at the end
of the day.
- Price quotes, both time-delayed and end-of-day, plus many previous days of data.
- Price charts -- daily, weekly, monthly, continuous, with technical indicators,
- A large number of links to basic futures and options information.
- Information "About Us" and a link to us (email) for personal consultation and
Things To Keep In Mind
- Please take time to connect to as many of our pages and links as possible. There
is literally a wealth of information on the internet, and I have actually spent hundreds
of hours looking for the best material for commodity traders. (I have tried my best to
filter out the junk, but some of it may slip past me anyway.)
- Time is money. To help eliminate the long wait for my web pages to load for you
to see (like many other sites), I have limited the "artwork" and fancy stuff on
this site to just a few things. The other stuff on some web sites, while often very slick,
can make you wait SOOO long for a page to load. My focus here is on providing you with
good information, not art or entertainment.
- I recommend that you check this site regularly for updates and additional
information. Knowledge is power, and wisdom leads to riches. What you don't know CAN hurt
- Remember, it's a proven fact that most people lose money trading commodities. And
the reason is NOT the cost of commissions. It's because they put on losing trades. For
example, if you MAKE $500 on a trade, what difference does it make if you paid $20 or $50
in commissions? What if you LOSE $500? Does it make much difference whether the rate was
$20 or $50? I am amazed that so many people (especially brand new traders) utilize
"discount" services, thinking that they are saving money. Full-service
professional advice is available for a small additional cost, and can be worth many times
the price. For example, if you needed to see a dentist, would you go to someone who
advertised, "I'll drill any tooth for $10?" Or if you were arrested for a crime
you didn't commit, would you hire a lawyer who advertised, "I'll take any lawsuit for
$50?" When you hire any other professional, your first question is never, "How CHEAP
are you?" It's always, "How GOOD are you?" Why should it
be different when choosing a brokerage service and advice for your trading? It's a rule of
economics that "you get what you pay for." When you go shopping
in any store, there are only 2 reasons why they would give you a "discount" off
their regular price -- either you are a "volume" buyer and are getting a large
quantity discount, or you are getting a "low-quality" discount for
"seconds" (i.e. defective merchandise) or end-of-season close-outs (like bathing
suits in September or winter coats in April). The next time you see an ad for a discount
brokerage company, ask yourself why they are telling you how cheap they are. People
advertise quality when they have it to offer. Otherwise they can only sell you a cheap
by Harris Internet