Comex is a primary market for trading commodities like gold, silver, aluminum, and other metals. Comex Market will serve your alternative investment needs if you are looking to hedge your investment against inflation to secure your intraday trading position. Gold and silver futures contracts are quite viable options to meet your needs and yield good returns in a long time.
5 Comex Trading Tips
#1. Always Trade-in Fixed LotsWhile trading in the Comex market, it is essential to make sure that you trade as per the given tips in fixed lots. Don’t keep varying lots quite frequently for a single instrument to the transaction.
#2. Don't Overtrade
This is one of the most important things to remember while trading in the Comex market. It is essential to fix up the amount of your investment and strictly follow it. This looks quite simple, but if not followed with caution, you will lose all your capital more quickly.
#3. Follow Best Comex Trading Signals
Investing in the Comex market can be a tricky game, particularly for beginners. It is essential to have an experienced professional to give crucial tips on the functioning of the market. Therefore we recommend you to follow Best Comex Signals to get some Comex tips. This will help you to secure the investment.
#4. Don’t Focus on Stock Market
It is important to understand that the share market and the Comex market are two different markets, and therefore both require different strategies and tactics. Investing in the Comex market based on the stock market can result in huge losses of funds.
#5. Never Reveal Your Position
Never reveal your open position to any other trader in the market. This can mislead you from the right direction of trade. Also, don't share your recommendation with any other trader in the market.
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