The price of a futures contract is the result of a decision on the part of both a buyer and a seller. The buyer believes prices will go higher; the seller feels prices will decline. These decisions are represented by a trade at an exact price.
Once the buyer and seller make their trade, their influence in the market is spent — except for the opposite reaction they will ultimately have when they close the trade. Thus, there are two aspects to every trade: 1) each trade must ultimately have an opposite reaction on the market, and 2) the trade will influence other traders. Continue reading "The Psychology of Commodity Price Movement"→
Here's something you can use right away; it will help you enormously on the Internet and it has nothing to do with MarketClub.
Well maybe it has a little to do with MarketClub, because I am demonstrating the new Safari 4 browser using our website, MarketClub.com. Safari 4 is the new web-browser available to users for free by Apple. This new version has been under beta-testing for quite some time and could possibly be the fastest browser on the web today.