Australian (ASX) Stock Market Forum

Beginner commodity trading

This small page I believe is a good start,

http://abrahamtrading.com/methodology

Also Curtis Faith and Michael Covel.

I use IB, but there can be differences in price using IB (weird but true, eg. by /100 or other way round) for some prices, from historical day vendors or even delayed / live prices such as futuresource).

IB seems abit different but only with a "few" contracts on how they price it (I have compensation code in AB), but great for their many types of orders, and cheap brokerage.

Also important to take into consideration is 'your' determined rollover date (software wise it is the next business day).
 
If a beginner wished to trade commodities, I'd reccommend using a Commodity ETC on the ASX. Similar to trading normal shares really.

GOLD = gold
ETPMAG = Silver
ETPMPT = Platinum
ETPMPD = Palladium

I'm still searching for a way to invest in Natural Gas. Any ideas?

Cheers
 
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