I lost around $8000 through commodities.

Investing involves risk. Is it physical silver, or a ETF etc?

The golden rule when trading but many people dont use it is the all important 'stoploss' its vital that when you put on any trade it makes no odds if you go long or short is straight away after placing the trade is put the 'stoploss' in place.

This will help preserve your trading pot and also one of the other big things traders do is have to much exposure percentage wise i only have a maximum of just 3% of my pot size in any one trade and only a maximum 15% of the trading pot invested at any one time,this with the stoplosses that i use i all ways live to fight another trading day and stay in the game.

Sorry to hear about your hit but the art is learn from it and move on.

My first "real and honest suggestion" would be that even though $8,000 is not a lot of money these days, find out exactly how much you lost, not "around" how much you lost.

My next real and honest suggestion would be to ask yourself why you are ready to subscribe to a project that you lost a chunk of change on.

And my final piece of real and honest advice would be to seek out and learn from a professional with a strong track record before playing in the stock markets.

When we send you the billion dollars, do you want it wrapped in gold paper, with a nice bow on top?

Life has just given you a lesson you paid $8,000 for, and you're not listening.

How much money will you have to lose before you realize you're a sheep playing a game with wolves?

Seriously, if somebody knew when to buy and sell - why should they tell you on a public forum? Why should they tell you at all? They're busy making their own fortune.

Who do you think is blessed with the knowledge of the future? Who do you think owns a fully accurate crystal ball?

How do you think anybody is poor, if you think the information to beat the commodities markets is so easy to come by?

Every time you place an order there's somebody on the other side. And judging by this one post of yours, that other person is probably a lot more informed than you are.

Unless you have some indepth -- and little-known -- fundamental knowledge of the commodity you're buying or selling, you have no edge over the competition -- which means you're gambling. Sometimes you can win, but your losers will eventually outweigh your winners.

Same goes for forex, stock day trading and all such ways that sharp operators take the money of naive babies such as you (and me, in the past). Commodities are more dangerous than the others because you can lose more money than you put into the game. At least learn enough to use commodities options contracts so you're not at risk of overnight bankruptcy.

You're on an Internet marketing forum, not a trading forum. Learn how to make money by adding value to people online, and you can get rich legitimately, by helping people.

see in business i also had a loss but the mistakes also happened from my side .....and in business in the earlier it happens but with that i learned a lot ....

Ah,that is true but you also did not say in what form you bought the silver so hence that is why i replied like i did,and yes you are correct about house values but since i bought my house in 1982 and has since long been payed for,it has risen price wise at the current rate of 15 fold albeit down from its height of 20 fold a few years down.Once again the art with property i guess is timing on the entry and exit point.

Anyway once again sorry to hear about your bad news.

Dude rajath, listen to rickstooker.

You might think about using options to limit your exposure to loss,
while still leaving the upside wide open.

Ouch, try to learn lessons fast.

Best wishes to you.

Yeah, I probably lost about $1000, but it came out of profits that I already made because I bought in awhile ago.

Anytime you try to make money for doing nothing, you are taking a risk.

On that note, I think the price will come back. Gold continues to do well, and the silver to gold price is still historically low.

The best thing to do is to thoroughly educate yourself about commodities trading. There are lots of online forums, financial websites, books that will teach all you need to know about trading. I was trading penny stocks for a few years because it's a small investment. I made a few thousand and it's less nerve racking than the big expensive commodities. And it teaches you about trading at a smaller scale until you can work up to the bigger trades.

At any rate the best advice I can give is never trade on the market until you have a thorough understanding of what you're doing, and even then you can't be sure what the markets will do. Just look at what happened 9/11 no one predicted that one. Never trade more than you can afford to lose and stay away from buying on margin. Good luck and please take some of the advice on this forum.

I know how you feel. I lost about 7000 in about 2 minutes trading forex. My suggestion would be to find a good mentor and do what he/she does

Have you considered researching managed futures?

An Introduction To Managed Futures

Without knowing the trading strategy or strategies you are using it would be difficult to assess whether or not an $8,000 loss in equity is normal for the strategy. For example, if your strategy has a $50,000 maximum drawdown then, in reality, an $8,000 drop in equity would not be a great cause for concern.

First, stop trading until you learn what you are doing

Second, erase any thoughts of trading until you "break even"

Third, while this forum is filled with extremely knowledgeable people and does have a number of saavy traders, its specialty is not trading. Finding a website that specializes in futures trading will most likely give you information more suited to your specific needs.

All The Very Best,


Tony

Someone can also trade one of the mini-contracts to test the waters with actual trading after you've latched onto a method/strategy you want to execute.

in order to profit from Stock trading you need proven to be profitable tools and system. Without a system don't even try..

That's pretty sad.

Investments do involve risks, that's the story...

That's pretty sad.

Investments do involve risks, that's the story...