Online commodity trading - A one stop shop for budding Traders

Online Commodity Trading - A one-stop shop for budding Traders Let's get this straight; commodity trading isn't for the timid. The air of mystery and reverence surrounds it, and nobody can guarantee successful and profitable outcomes. Deciphering the commodity markets requires power to assess situations and ability to draw sound conclusions, a virtue very few men possess. For beginners, getting on to the commodity exchange floors can be intimidating at first. It's here that having an online commodity trading account could come in handy. The online commodity trading account will not only ensure ease of access for traders with the availability of zillion research options, but will also allow them to buy or sell at a click of a mouse button. The growth of online commodity trading in India, and the advantages associated with it has almost killed the traditional trading practices, and with them, the traditional commodity brokers. The evolution from offline to online commodity trading has opened up new horizons and simplified the commodity trading process with the availability of real time quotes, charts, futures news, technical analysis programs and research available for the traders. With markets swinging both ways these days, the possibilities of rewards coupled with risks are endless. It is here that an online trading account, with the option of having commodity brokers server’s dual purpose of convenience and comfort. Among many other things, online commodity trading is also cheaper when compared to any full service brokerage firms. There are many things that must be considered while choosing online commodity brokers for trading and some of them are mentioned below. Solutions on offer: A trader expects his broker to not only place and execute orders but also offer range of solutions

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Don’t we disagree when some eminent Indians talk about taxing super-rich? Finance Minister P Chidambaram has said that there should be a debate on the idea. Since, the minimum threshold for being classified as the “super-rich guy” is not known yet, I assume that most of the country’s few poster boys running million-dollar turnovers (self-made or inherited) would easily fit into the class. But is it really going to help the rest or the economy? Don’t we know that, for some, paying taxes is expensive and worth avoiding? So, should we go-ahead to see more under-invoicing, evasion, round tripping of funds at a time when growth is much-less than quiet enough and affordability to lose more funds to tax havens is just poor. Then, is it the right way (at the right time) to rein in deficit? Of course, some argue that it is going to push us towards equity and inclusive growth. But, logic seems to be lost when Indian middle class is still far behind the rich—at least by USD 1,700 in per capita—and so that contradicts the idea of raising enough funds to make a difference. By the way, Warren Buffet says that “Risk comes from not knowing what you are doing”. What do you say?

Transcript of Online commodity trading - A one stop shop for budding Traders

Online Commodity Trading - A one-stop shop for budding Traders

Let's get this straight; commodity trading isn't for the timid. The air of mystery and reverence surrounds it, and nobody can guarantee successful and profitable outcomes. Deciphering the commodity markets requires power to assess situations and ability to draw sound conclusions, a virtue very few men possess.

For beginners, getting on to the commodity exchange floors can be intimidating at first. It's here that having an online commodity trading account could come in handy. The online commodity trading account will not only ensure ease of access for traders with the availability of zillion research options, but will also allow them to buy or sell at a click of a mouse button.

The growth of online commodity trading in India, and the advantages associated with it has almost killed the traditional trading practices, and with them, the traditional commodity brokers. The evolution from offline to online commodity trading has opened up new horizons and simplified the commodity trading process with the availability of real time quotes, charts, futures news, technical analysis programs and research available for the traders.

With markets swinging both ways these days, the possibilities of rewards coupled with risks are endless. It is here that an online trading account, with the option of having commodity brokers server’s dual purpose of convenience and comfort.

Among many other things, online commodity trading is also cheaper when compared to any full service brokerage firms.

There are many things that must be considered while choosing online commodity brokers for trading and some of them are mentioned below.

Solutions on offer: A trader expects his broker to not only place and execute orders but also offer range of solutions including assistance during trading hours, access to various market makers etc.

Type of products: An online commodity trading account will offer you several types of futures contracts for trading, including agriculture, currency, metal etc. Pick your broker who floats your boat and suits your needs.

Charges and commissions: Your commodity brokers could charge you in widely different ways. But make sure that commissions are based on round-turn rates. The commissions will mostly be based on the trading style of your commodity broker.

Online commodity trading in India has emerged out from nascence and is now expected to grow leap and bounds taking cues from its global counterparts. According to the trade analysts, after equity trading, commodity trading in India is the next big thing and investors must brace themselves or risk being left behind.