Commodity market trading - In a few months my record of transactions looked like the trading record of a small-scale stock exchange.
I felt I was doing all right. I appeared to be ahead. If I had carefully studied my statements I would not have felt quite so happy. I would have realized that, like a horse player, I was buoyed up and excited by small gains, and overlooked my losses. I completely ignored the fact that I was holding a lot of stock which was standing well below the price I had paid for it and looked like staying there. It was a period of wild, foolish gambling with no effort to find the reasons for my operations.
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Commodity options trading
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