Posted on December 26, 2008 - by Chee Wan

BL TS system has done well in Commodity Trading

To rescue US economy, FOMC has cut interest rate from 6% to 0.25%, not much ammunition left. Japan which is the world’s 2nd biggest economy has suffered due to its strong yen. Even strong and stable Toyota has reported loss. China and Asia which have relied on US for most of their exports have started to show signs of weakness.

I say with confidence that 2009 will be a bad year for businesses, employees and global economy. We will see more cost cutting by firm in the form of retrenchments.

When people lose their jobs, they will spend conservatively. Some people may even have to sell stocks and property in order to raise cash for their daily expenses. Do you believe that in this kind of environment stock investments will do well?

Have you learned anything in 2009? If you have not, then learn that stock investment does not do well in all economy environment.

I think the current business cycle is moving downwards from the peak and we are still far from the bottom. I perceived that stock market is going to test its low and move down even much more in 2009.

I have since switched from stock investment to forex and commodity trading at the start of 2008. Here are some of my commodity trades.

14 trades were executed: 10 wins, 3 losses, 1 breakeven

Here are the trades on commodities from 1 Dec to 24 Dec: Read more…

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