Filed under: online trading methods | Tags: commodities, commodities trading, Floyd Upperman
Floyd Upperman is an experienced trader who uses the Commitments of Traders reports the CFTC puts out to find trading opportunities in commodities and futures.
In this interview, I talk with Floyd about how he developed his trading skills, a recent sugar trade that made him thousands and why he’s most comfortable position trading. Although he will swing trade or even day trade when the time is right, Floyd finds he is able to read the market the most clearly when he is able to take advantage of trends lasting a few weeks.
Floyd admits that he still goes through periods where he is not as profitable as others, but also realizes that those times do pass and overall he is able to make up losses over the longer term with trades that do go in his favor. He has worked for years to refine his indicators and talks about what it took for him to reach his current level of proficiency in trading.
Read the commodity trading interview in full here.
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