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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (26873)	8/1/2005 11:57:12 AM
From: Roebear	Read Replies (3) \| Respond to of 108784

Now in 90% PM's. I gotta be nuts. That's a good sign, lol!! PS, Yes, I am serious, I like to buy gritting my teeth. If it is obvious and easy, you missed the move...

To: isopatch who wrote (26873)	8/1/2005 12:38:14 PM
From: austrieconomist	Read Replies (1) \| Respond to of 108784

Commodities trading. I started the account three years years back with several thousand dollars. I determined that the inadequate capital had been causing me to trade improperly. When a short term move would go against me it would cause me to bail regardless whether the position had merit. A margin call is disconcerting, at least to me. I then boosted the capital to $7,000. The commodities bull market of the the last four years (I tend to play only the long side -- just my psychological make up) has boosted the account to a point where my one contract at a time trading style (the multiple position situation is relatively new to me) has no margin concerns for me. The sugar, October, 2006 with 14 months to play is a fundamental play. The December corn is a play on limited 2005 plantings and continuing drought. Plus long term prices (check monthly prices since 1998) suggested $2.00 was a worst case loss. The gold contracts were bought at times when I believe the long term factors are compelling and there were short term reasons to buy. Margin is calculated per contract and it is an aggregate calculation to the capital in the account. As in poker and in start-up businesses adequacy of capital improves the prospects of success. Current margins are posted below. customer1.barchart.com I apologize if this doesn't come up. It didn't for ne. The margins for any commodity should be readily available from any large broker or directly from the exchanges.