How to Make Money Trading Commodities (7 Steps)

Pull up a commodity price chart service on the Internet. You can use a free service like the one at TradeCharts.com, where you can click the tab on the left column marked 'Commodity Charts' and be taken to a selection of price charts for different commodities.
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Scan the charts for commodities that are bullish, which means trending upwards. You can spot these commodities because their price action will start at the lower left hand corner of the chart and travel into the direction of the upper right hand chart. Mark any commodities that are trending in this manner.
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Scan your list of upward trending commodities for a break in their price action. When a commodity has been trending strongly it will begin to pull back or pause its bullish movement. At this point, it will begin to consolidate into a trading range between two price levels. Mark down any commodities that are consolidating in their price action after a strong bullish move.
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Take note of any commodity whose price action has been consolidating in a tight trading range for at least four weeks or longer. This type of price consolidation takes place before a breakout entry is signaled when price rises up through the upper price level.
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Buy a position in a commodity as its price action rises up through its upper price level on strong price action. Strong price action is when the price bar moves up through the upper price level while closing in the top 20 percent of its price range. This confirms the entry into a breakout move.
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Place a stop-loss order under the lower level of the commodity's trading range. A stop-loss order will sell your position if the commodity's price reverses downward and touches that price level. Stop-loss orders act as a type of insurance to take you out of the market with a small loss where you might take a larger loss by not having a stop-loss at all.
Sell your position when it reaches three times your initial risk. For example, if your initial risk were $1,000, then you will sell when you position reaches $3,000.
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How to Earn the IB Diploma (6 Steps)

Attend a school certified by the International Baccalaureate. Only these schools can issue an IB diploma. The school is required to complete an authorization program that lasts nearly 2 years, which consists of a feasibility study and a campus visit. Each school has to be re-accredited every 5 years.
Take your Theory of Knowledge (TOK) course. This 100-hour course is designed to teach you how to examine evidence and assert your point of view in a rational argument.
Divide up your time in the creativity, action and service (CAS) component of the IB program. Generally, you will equally split your required 150 hours in one creative pursuit (such as theater or music), one sports activity and one community service activity.
Decide what topic you will investigate in depth, in consultation with an academic advisor. You will then prepare a 4,000-word essay on it.
Select your core classes from six different subject groups. You will be expected to do in-depth study in at least 3 of 6 groups and what is called 'standard' level in the remaining groups. Each group has an assigned numbers. Group 1 covers your own language, group 2 covers another language, group 3 covers topics under the heading individuals and societies (philosophy, economics, business, management, psychology, social anthropology, geography and history), group 4's topics are termed the experimental sciences (physics, chemistry, biology and environmental systems), group 5 covers mathematics and group 6 topics are arts and electives (dance, music, painting, film and theater arts).
Score at least 24 points towards your IB diploma. You will earn three for your TOK, CAS and your 4000 word essay. Your remaining points will be determined on how well you do in your subjects from the six groups. These points are granted based on how you do in the classes themselves and how you perform on an exam to be graded by someone other than your instructors.
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