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WWW.ONLINECOMMODITYTRADINGMCX.COM GoodWill Commodities, online commodity trading and broking service was started in Chennai 2008. Today, we are a truly dynamic and visionary commodity brokerage firm and a trusted name in commodities futures trading, offering the entire gamut of trading advisory services under one roof. Right from investing, trading, research, technical analysis and financial planning. We provide commodity traders with integrated, robust and reliable solutions to satisfy all their financial needs.
Why most traders fail?
Success in Commodity trading depends upon how we integrate the great 3M’s Mind, Method, and Money.
Most Commodity Trader concentrates more on the METHOD. They look for foolproof methods, technical tools and more often rely on other service providers to give daily market tips. Mostly commodities trading for them go through trial and error process which can result in considerable loss of both money and time.
The slogan goes like this, when there is Money no Proper METHOD, when there is MEHOD no MONEY, when there is both NO proper MIND SET…
We need to find a balance between all the 3M’s in trading to achieve success.
Successful traders differentiate themselves from others not with a robust trading system but with their mindset.
It is quite natural, initially all traders assume that their mind set is perfect so they pay less attention to that.
Trading in futures market is all about managing our funds properly. Money management plays an important role just because it’s the fuel for both METHOD and MINDSET.
ALL under one roof.
Just open a Commodity trading account with us and avail the following service.
1. Brokerage service with ODIN Trading Platform
2. Low Brokerage
3. Daily market advice through video presentation before the market opening.
4. Unlimited training for trading in Commodities.
5. MORE than all we will guide you, how to integrate the 3M’s in Trading. FOR FREE.
We understand you better, we are here to make you trade better, we will make you feel and realize how better and best you are compare with other traders. JUST BECAUSE GOODWILL is always better and PROVIDES BEST service compared to other Commodity brokers.
We have previously written about the different types of technical indicators, Lagging, Leading and Confirming but we are still running into traders who have not quite got the hang of it. So we decided to create this video to help those traders understanding the difference indicators and as a result put together the right indicators instead of for example 2 of the same kind.
Lagging indicators are best used as filters and trend determination. Moving Average is the most popular one and is only the one we use the most. The whole point of adding filters is to prevent you from trading noise and what better tool to use than a lagging indicator. Something that smooth price action out.
Leading indicators is used for entries. Examples of these are Stochastic and MACD. Many traders still make the mistake of adding several leading indicators thinking it will give them some sort of edge but we believe that all it does is confusing the trader.
Confirming indicators are used to increase the odds of success by for example using volume to confirm entry signals.
For more stock market education please feel free to visit our website