Perspective on Gulf Oil Spill

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This course is a broad overview and discussion of the salient subject areas that one will need to navigate to fully understand the commodity space.

Entering Orders
Common Mistakes
Rules and regulations
Markets and Exchanges

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Students will be introduced to what makes each of the commodity sectors tick from an international economic standpoint.

Grains - corn, wheat, rice
Metals - gold, silver, copper
Energies - crude oil, gas
Softs - coffee, sugar, cocoa

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This course sets the record straight about what is a predictive indicator and what is a lagging indicator in the commodity markets.

Studies in Price
Volume & Open Interest
Technical Indicators
Markets in Backwardation

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This course investigates why certain traders become great and why others blow up. Be prepared to journal extensively and learn about your strengths and weaknesses.

What You've Learned About Money
How Personality Shows Up in Trading
Ego and Self-Esteem in Trading
Self-Awareness

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The amount of oil that “spills” every 24 hours can produce enough gasoline for me to drive my car around the equator approximately 648 times – every day.

So far, I’m looking at over 8,400 trips through today.

At a leakage rate of 210,000 gallons of oil per day, that’s the equivalent of 5,000 barrels, or 5 NYMEX Light Crude futures contracts worth of physical.

Since April 22, that has equated to 65 contracts worth of physical.