10 basic rules of commodity trading
In recent times, the craze of commodity trading among people has increased tremendously with more and more people rushing to invest in commodities. But not all of them are able to get desired results due to many reasons. The lack of knowledge is one of them. If you are looking to invest in commodities, it is necessary to get your basics right. So, let’s find out what commodity trading is and what are the basic rules of commodity trading. What is Commodity Trading? Commodity trading encompasses the buying and selling of a wide range of instruments such as oil and gas, metals including gold and silver and soft commodities like cocoa, coffee, wheat and sugar. Commodity trading is as deep-rooted as the financial markets, and maybe even older than that. The first example of an organised exchange for trading commodities traces back to Amsterdam in 1530. Nowadays, the updated technology has made it to trade with just a few clicks of a mouse, but some commodities stay as prevale...