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How I Made One Million Dollars Last Year Trading Commodities

Benjamin Stone

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In this article, I'll share my story of how I made one million dollars last year trading commodities. I'll cover everything from my trading strategy to my risk management techniques.

How I Made One Million Dollars ... Last Year ... Trading Commodities

by Larry R. Williams

4.6 out of 5

Language	:	English
File size	:	3177 KB
Text-to-Speech	:	Enabled
Word Wise	:	Enabled
Print length	:	130 pages

My Trading Strategy

My trading strategy is based on technical analysis. I use a variety of technical indicators to identify trading opportunities. Some of my favorite indicators include the moving average, the relative strength index, and the Bollinger Bands.

I typically trade on a short-term basis, holding positions for a few days or weeks. I look for opportunities to buy commodities that are oversold and sell commodities that are overbought.

My Risk Management Techniques

Risk management is essential for any trader. I use a variety of risk management techniques to protect my capital. Some of my most important risk management techniques include:

Using stop-loss orders. A stop-loss order is an order to sell a commodity at a specific price. This helps to limit my losses if the market moves against me.
Trading with a small position size. I never risk more than 1% of my account balance on any single trade.
Diversifying my portfolio. I trade a variety of different commodities, which helps to reduce my overall risk.

My Trading Results

I've been trading commodities for over 10 years. In that time, I've had some great years and some bad years. But overall, I've been able to make a consistent profit.

In 2022, I made one million dollars trading commodities. This was my best year ever. I was able to achieve this by following my trading strategy and risk management techniques.

If you're looking to make money trading commodities, I encourage you to follow my tips. I've shared everything I know about trading commodities in this article. With hard work and dedication, you can achieve your financial goals.

How I Made One Million Dollars ... Last Year ... Trading Commodities

by Larry R. Williams

4.6 out of 5