Commodity market trading - Or a speculator can subscribe to one or more of the advisory services that issue forecasts frequently, usually weekly.

An outfit that makes a business of offering advice on the stock market has a better chance of selling its forecasts to a customer who keeps close watch on the market and acts frequently. So while one adviser may differ sharply with others as to what is going to happen and which stock is best to buy or sell, the advisers have the effect of working together in arousing speculators to act, and frequently. The great majority of the advertisements issued by advisory services and brokers are aimed at people inclined to do at least a little gambling. Does stock gambling pay? Of course most speculators sometimes guess right, and in a period of rapid rise in the average level of stock prices, as in 1954 and 1958, the odds are in favor of a speculator's being able to sell his stock for considerably more than it cost him. But is there proof that some method of speculating has worked well, on the average, over a period long enough to include all sorts of conditions?

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[tags]Commodity Trading Book[/tags]