If it is and I believe it is, I do not believe it should be traded on the futures and options market where pure speculation can be used to drive up the price and essentially hold consumers hostage to their demands for the higher price. I believe there have been commodities removed before due to extreme situations.
Oil is virtually a necessity, and as such should not be subject to gambling (speculation). There is supposed to be a supply and demand market. There is no lack of present supply, only speculation of a lack. As long as this can be perpetuated, indefinitely,the sky is falling, the hurricane is coming, Iran is building a nuke, etc., the price can be artifically manipulated by "someone". This needs to stop, and the only way to stop it is to remove oil and gasoline from the Futures Market. No one should be allowed to play games with vital resources, for fun or profit.
I strongly agree with you. Oil is necessary to our every day lives and economy. I believe is is along the lines of water…if water didn't fall from the sky and had to be mined..these companies would charge the hell out of for it even though we need it for life. I think the oil companies should be government run for no profit…just make enough to reinvest in exploration.
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When gold prices go up… what other commodities tend to go up… or any stocks/options/futures price go up besides gold mining companies?
What other commodities, oil, currency, etc?
sometimes oil and silver it really depends…
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With enough knowledge, a person can start from $5,000 and have $20,000 by the end of the month. And I truly mean enough knowledge, because there is a very high learning curve. But once you reach that stage, the financial rewards are huge. I'm currently making $5,000 profit a month and I just learning about trading/investing in stocks, futures/commodities, and options as my main hobby about six months ago. I expect to have enough experience and strategy to be making $10,000 profit per month by the end of this year.
Aside from few people in Honolulu who I know also trade successfully, there is barely anyone that I know who has a passing interest in this stuff. So I'm honestly wondering, why don't more people get into trading/investing when the financial rewards are huge?
Anything with a high reward has a high risk and day trading is such an example. You can make hundreds, thousands and even millions in no time… but your can lose it also. Most of the success in day trading is based on luck. If you are lucky, keep at it. What's right for you isn't necessarily right for everyone. Keep records of your wins and losses and consider writing a book for another stream of income. That way you can get even more money selling your experiences whether they turn out positive or negative.
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Matt Buckley and Jud Pyle discuss Ameritrade Holdings Corp. (AMTD)
Duration : 3 min 59 sec
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I want to start trading stocks, options, commodities, futures – does anyone know of any good platform for that? Please help.
Start small and then build! Trying to trade everything in the laundry list of securities you laid out is a recipe for disaster. Start with stocks would be my advice, then move on into options as your experience and understand of the market grows. Then you can branch out further into commodities and/or futures if the situation warrants it. In order to actually trade, I would hook up with an online broker. Look for a mix of price as well as service to help make your decision. I like the discount brokers like Fidelity and Schwab, because they give you low costs (though not the lowest) with the best service, and a lot of great online tools to help you get started with investing. I'd check out both of their websites to see what you like.
I'd also ask one other question-why so gung ho about trading stocks? Do you already have a stable foundation of mutual funds built up? Stocks are sexy but also risky…make sure you build in a safety net.
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Why oil price is going up after US win the war and able to get involve in Iraq operation? Possible someones in power push-up the oil price intentionally for their own benefits / profits?
Why oil price going down when Bush is going to step down from being US president?
Why US oil companies are try to sell their oil mill in Iraq to China or other countries?
Because change of power in US?
Why regulators allow crazy speculation in oil price, commodities, future options… before this US financial crisis?
Will this USD700 billion bill-out able to save US economy while these group of regulators still in power?
How to control to ensure the fund is properly used and not just to bill out useless companies?…
This financial crisis is a financial scam? .. more to be happened?
Ask the democrats majority in congress, it went thru the roof under their promise to lower gas prices in 2006, can you say ELECTION YEAR, those silly Dem’s will do anything from destroying the countries economy to losing a war to win an election
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