Forward in Commodity Trading
Commodities / Commodities Trading Dec 22, 2009 - 01:24 AM GMTIn the world we live in, nothing is easy. No one is spared sorrow, pain, and sometimes anger associated with their mistakes. Lets face it …we all make mistakes. Mistakes in commodity trading are costly. However sometimes it is the best money spent if we learn from them. However…all too many commodity traders do not learn from their mistakes..they make the same ones over and over until they quit with disgust. It does not have to be this way.
If we one takes the mistakes heavily it can end up being a weight around his neck. It can be like a terrible disease putting us down. However one must move forward when commodity trading. True success can come this way.Learn from your mistakes. Myself and my partners have seen virtually every mistake..plus the ones we have made. We have evolved. Our methods have evolved. We do not know anything more than anyone else but we have an edge. We have a plan thought out with all potential occurrences…& hopefully we will be able to continue..
Think about the mistakes the Thomas Edison made. He basically ran out of options of mistakes and kept on trying. This is the key..keep on trying. Learn from the mistakes…and success can be had. We will only succeed if we persevere.
Due to the fact that many can not persevere it seems to some that trading success is elusive. Not true. Too many give up and quit trading or leave their commodity trading advisor.
This is probably not what people want to read. They want to read some secret tip. How to get rich without work. Well it does not work.
If you have discipline, patience, courage you can succeed in Commodity trading.'
Andrew Abraham
www.myinvestorsplace.com
Andrew Abraham has been in the financial arena since 1990. He is a commodity trading advisor and co manager of a Commodity Pool. Since 1993 Andrew has been a proponent of quantitative mechanical trading programs. Andrew's major concern is not only total return on investment but rather the amount of risk that one would have to tolerate in order to achieve returns He focuses on developing quant models that encompass strict risk adherence and correlation. He has been a speaker at conferences as well as an author of numerous articles. Andrew has spent years researching ideas that have the potential to outperform indices as well as maintain fewer draw downs.
Visit Angus Jackson Partners (http://www.angusjacksonpartners.com) Contact: A.Abraham@AngusJackson.com (mailto:A.Abraham@AngusJackson.com)
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