An interesting site has come up to my attention worth noting. Commodity trading public tracking of portfolios. Like EA crossed with Facebook. I won’t review the site as the link below does, but did want to shine the spotlight on it for a bit since I used to be a commodity trader back in the early 2000’s. I did quite well until Orange Juice got the better of me (It’s not that I should have gone long on the contract, but that I moved my trailing stop. Big time no no. It was going to protect me and I unplugged it like BP’s oil spill). However, I am happy to say that I left the game with a small profit and tons of experience. What I didn’t know at the time despite my father’s warning of investing “indirectly” (for profit, rather than for results), was that the commodity market is a big time control network for the food industry (second link). Thus, I do not intend to touch that method of investing until there is accountability for the investment other than gain/loss profit. And this site I mentioned did an interesting job of putting together the trading and the profiling.
http://techcrunch.com/2010/07/12/etoro-who-doesnt-want-a-little-social-mixed-with-commodities-trading/
http://www.independent.co.uk/opinion/commentators/johann-hari/johann-hari-how-goldman-gambled-on-starvation-2016088.html#mkcpgn=twstdwytk
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