Re: [RT] Commodities V. Stocks? Read Whats tradeable?

["ira" <mr.ira@xxxxxxxxxxxxx>]

In commodities, the most manipulated markets are 
those on the New York exchanges.  In fact I stopped trading them years ago 
and only do so on special occasions.  The higher the volumes and liquidity 
the less the chance for manipulation.   If you were going to start 
trading  a commodity I would suggest the bonds, the 10 year Note, or one of 
the currencies.  Either the Euro or the Yen.   Remember that the 
most volatility in the currencies can happen at night so there is some care that 
has to be taken there.   I think that the last place for a beginner to 
be is trading the E Mini, DJ $5 contract, NASD mini.  they are great 
contracts to trade electronically, but not for a beginner or a novice.  
Also as you go from the E Mini to the DJ $5 contract to the NASD mini the 
spreads get greater and the liquidity gets less.  The last thing you should 
trade is the S&P futures contract as a beginner.  I have left the 
grains and meats out as they are still traded on the old pit basis.  They 
are interesting to trade and far less treacherous then the NY 
markets.   Remember one thing in trading commodities that they can 
change the rules at any time.  They can change margin requirements, They 
can change whether you can take delivery on a commodity, and almost anything 
else they want to for the benefit of the members of the exchange.    

<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Sean Cassidy 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Thursday, September 19, 2002 1:50 
  PM
  Subject: [RT] Commodities V. Stocks? Read 
  Whats tradeable?
  
  I have heard and.....and it certainly seems 
  reasonable, that commodities are more likely to follow and trend and are less 
  manipulated than stocks. This seems to increase the likeliehood of success 
  tradingh them, is this true?
   
  Or the real question I want to ask, given a 
  $40,000 account, what asset class that has been discussed here, is the most 
  "tradeable". This being with a reasonable learning curve.
   
  I would love to have a discussion about this, im 
  tired of trying to chart the fact that the CEO of the company I own has a golf 
  course in his bathroom.To 
  unsubscribe from this group, send an email 
  to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour 
  use of Yahoo! Groups is subject to the <A 
  href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service. 







Yahoo! Groups Sponsor


  ADVERTISEMENT









To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx





Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.