This web site has been written and maintained by Daniel L.
Harris. He has been a very successful full-time professional in the commodities
industry for over 21 years. That includes over 12 years as a floor trader and Member of
the Chicago Mercantile Exchange. He was trading in the CME's Gold pit when prices hit
their all-time high in January 1980. He was also trading in the CME's S&P 500 pit
during the historic "Crash of 1987." He has also given group and personal
trading seminars to hundreds of commodity traders. He has managed individual accounts both
as a Commodity Trading Advisor (C.T.A.) and as a customer broker (A.P.).
Please note: This web site is NOT officially sponsored or endorsed
by any other persons or organizations. We do NOT claim to officially represent anyone
listed on this site! Our intention is to provide the trading public with convenient access
to non-proprietary information we feel is useful. We are NOT RESPONSIBLE for the content
of anyone else's information. And although we cannot guarantee it, the information we
provide is accurate to the best of our knowledge. Anyone having knowledge to the contrary
is encouraged to notify me so I can make the necessary corrections.
How To Contact Me
496 West Saint Charles Road
Elmhurst, IL, USA 60126-3128
Electronic Mail (E-Mail)
Our purpose is to provide daily free information for commodity traders worldwide. We look for what is valuable, timely, and helpful in order to (hopefully) make better informed investment decisions.
How To Get The Most Out Of This Site
We have several kinds of information available:
- Market commentaries and trading suggestions, both at the beginning and at the end of the day.
- Price quotes, both time-delayed and end-of-day, plus many previous days of data.
- Price charts -- daily, weekly, monthly, continuous, with technical indicators, etc.
- A large number of links to basic futures and options information.
- Information "About Us" and a link to us (email) for personal consultation and other services.
Things To Keep In Mind
- Please take time to connect to as many of our pages and links as possible. There is literally a wealth of information on the internet, and I have actually spent hundreds of hours looking for the best material for commodity traders. (I have tried my best to filter out the junk, but some of it may slip past me anyway.)
- Time is money. To help eliminate the long wait for my web pages to load for you to see (like many other sites), I have limited the "artwork" and fancy stuff on this site to just a few things. The other stuff on some web sites, while often very slick, can make you wait SOOO long for a page to load. My focus here is on providing you with good information, not art or entertainment.
- I recommend that you check this site regularly for updates and additional information. Knowledge is power, and wisdom leads to riches. What you don't know CAN hurt you.
- Remember, it's a proven fact that most people lose money trading commodities. And the reason is NOT the cost of commissions. It's because they put on losing trades. For example, if you MAKE $500 on a trade, what difference does it make if you paid $20 or $50 in commissions? What if you LOSE $500? Does it make much difference whether the rate was $20 or $50? I am amazed that so many people (especially brand new traders) utilize "discount" services, thinking that they are saving money. Full-service professional advice is available for a small additional cost, and can be worth many times the price. For example, if you needed to see a dentist, would you go to someone who advertised, "I'll drill any tooth for $10?" Or if you were arrested for a crime you didn't commit, would you hire a lawyer who advertised, "I'll take any lawsuit for $50?" When you hire any other professional, your first question is never, "How CHEAP are you?" It's always, "How GOOD are you?" Why should it be different when choosing a brokerage service and advice for your trading? It's a rule of economics that "you get what you pay for." When you go shopping in any store, there are only 2 reasons why they would give you a "discount" off their regular price -- either you are a "volume" buyer and are getting a large quantity discount, or you are getting a "low-quality" discount for "seconds" (i.e. defective merchandise) or end-of-season close-outs (like bathing suits in September or winter coats in April). The next time you see an ad for a discount brokerage company, ask yourself why they are telling you how cheap they are. People advertise quality when they have it to offer. Otherwise they can only sell you a cheap price.