Monday, March 3, 2008

Business Portal

Business Portal

How To Trade Mini-Futures Contracts Successfully

Posted: 02 Mar 2008 09:25 PM CST


an a person with limited funds; say a couple of thousand dollars, trade commodities? In a word, yes.

You don’t need $20,000, or even $5,000, to be a successful commodity trader. The mini-futures contracts were designed to fill the gap that exist between the high roller large accounts and those that only have a couple of thousand dollars to invest.

New traders are told to stay away from mini-futures because there is not enough contracts traded and you can lose all your money. That statement is true, and applies to trading standard commodity contract as well, if you plunge right in without first learning your craft. Mini futures provide excellent trading opportunities for the small trading accounts.
It does not take a trading genius to make money trading mini commodities, just a little common sense and patience. There is nothing mystical about trading commodities nor are there any great secrets to trading.

Standard and mini futures contract charts look all most identical.

The major difference is the volume of contracts traded is much less that that of a standard futures contract. It should be noted that standard size contract charts can be used to find trades for the Mini Futures market simply because the mini-futures, for all practical purposes, mirror the standard size contracts.

Currently there are four groups of futures contracts that trade the mini contracts.

 Agriculture. Long term trading

1. Wheat

2. Corn

3. Soybeans

 Currencies. Extremely risky

1. Euro FX mini

2. Japanese Yen mini

 Precious metals. Extremely risky

1. NY Gold mini

2. NY Silver mini

 Indexes. Extremely risky

1. Nasdaq 100

2. Russell 2000 emini

3. S&P 500 emini

A new trader should stick to the first category to learn the proper way to trade commodities. There is still a risk in the corn, wheat, and soybean markets but it is reduced a great deal with the mini contracts. The other three categories do have mini contracts. However, they can be extremely volatile and wipe out a trading account in a heart beat. Trading mini futures contracts can give new traders a chance to gain experience while building confidence and cash in on the fabulous profits being made in the futures markets. It does not take a small fortune to learn how to trade commodities.

Current margin (performance bond) required for a mini wheat contract is $400. One point (Cent) on a mini soybean contract = $10. With proper money management a new trader can slowly build their trading account and at the same time learn the craft of futures trading.

There are fortunes being made by commodity traders (speculators) every year. The best part about being a commodity trader is it does not matter if the markets are going up or down. You can make money even if the economy is in a recession. Overnight fortunes are very rare to non-existent in commodity trading. However, you must understand perfect trades do not happen every day and it will take some experience to spot them. Mr. Larry Williams, a recognized trading professionals, made the statement “You don’t have to take every trade; just the winning ones.” Patience is one of the key ingredients of successful trading.

It’s tough sitting on your hands and not jumping on every trade but it pays off in the long run.

Always remember. Commodity trading is an extremely risky business. The first rule of a successful commodity trader is Plan Your Trade! Trade Your Plan!

Save Time And Boost Efficiency With Boltless Shelving

Posted: 02 Mar 2008 06:35 AM CST


One of the most time consuming aspects of assembling shelving is dealing with the nuts, bolts, clips, dowels or screws that are often involved. These small but vital items may get lost or damaged while unpacking the shelving or when putting it together. Or the supplier may have given you the wrong ones, a fact that you only discover surrounded by shelves and their supporting apparatus strewn across the floor. There are many fiddly jobs in this world, but putting shelving up while dealing with these pesky little attachment items must be one of the fiddliest there is. So when people with experience of this kind of hassle hear of boltless shelving for the first time, it seems like a miracle, divine intervention and a technological breakthrough all wrapped together. How can this be possible, they ask? Well it’s all down to good design. Boltless shelving uses the inherent springiness in metal, which means that two pieces that are meant to be fastened together can have a clip structure built into each piece. When the pieces are brought together, usually with a little helpful persuasion from a rubber mallet, they click together into one nicely connected piece. And when you have a number of pieces all clipped in this way, you get a bracing effect. All the connected parts support each other and flex against each other to give a proper solid structure without the need for any other kind of fixing device. So there you have it.

Boltless shelving, also known as rivet shelving, rivet rack, wide span rack, double rivet shelving. This wonderful invention provides a major boost to the home DIYer and all kinds of business, small and large.

Like regular shelving, it is available with shelves made of particle board, sheet metal or wire, depending on its intended use and the environment it will be in. For instance, fire regulations may rule out particle board, so wire or sheet metal will be used in these cases.

Imagine the time you’d save putting one of these up in your garage, and then multiply that with the prospect of a massive warehouse or factory. Time is money, and you can therefore see the massive cost savings in terms of labour that boltless shelving offers. This convenience also makes boltless shelving attractive for office buildings. Here there may not be a handyman available and you’re relying on office workers without a toolkit of spanners and screwdrivers to install the shelving. Management won’t want them diverted from their office tasks for too long, so the fast assembly offered by boltless shelving is very attractive. The same goes for laboratories where there’s a need for storing glassware, samples and specimens efficiently. Public facilities like schools, colleges and museums often have a major need for an efficient storage system, and here boltless shelving really helps. Supermarkets are a very large user of boltless shelving systems. You will see this in the shopping area to hold a wide array of items. And if you go behind the scenes where items are stored in bulk, you will see row upon row of boxes of products, all stored with the ease and efficiency of boltless shelving.
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