crude oil and natural gas trading

This course covers the following contents >

Basics of Commodity Trading

Understanding derivatives

Pricing on future contract

 Crude oil basics and application 

Process, steps,Skills, crude oil details, and reports for crude oil trading

Technical Analysis

- Technical Indicators

- Candlesticks

- Pivot points, Fibonacci and Trendlines 

-Option chain and its application to use for option trader (Process)

Crude oil fundamentals

Trading in crude oil with Technical Analysis 

Natural gas basic concepts 

Trading in natural gas with Technical Analysis

Trading phycology and qualities of good trader

Note:

Advice for traders to follow to be profitable:

1. Traders should use paper trading before doing live trading in crude oil and natural gas

2. He should be aware of fundamentals properly before trading with technical analysis

3. Traders should track reports and publish reports on different supporting websites for crude oil and natural gas so he can judge better way in his trades

4. The best strategy is support and resistance to take trade 

5. He should practice technical indicators on off line charts for best use in a live market and see the output

6. Maximum 3 to 5 indicators used and they should confirm trade

7. Always use stop loss and  if required trailing stop loss in case to be used as per profit 

8. Traders should use multi-frame analysis to get a broad view.

9. Trader should use a strategy with which he is comfortable while day-to-day trading

10. Trade when the market has momentum  and do not chase momentum

11. Stick to your trading plan

12. should avoid overtrading and do trade when trade is feasible