Even in today’s digital age, the noisy, fast-moving trading pits can still be found around the world for buying and selling hundreds of commodities. I had the privilege of spending every day on the floor of the Chicago Mercantile Exchange for 18 months as a technical analyst helping our firm’s traders identify commodity price trends to set buy and sell points. I can say that the lessons learned “in the pits” rival the knowledge gained in my MBA courses and help me become a successful money manager. With the possibility of a high inflation cycle around the corner, many investors are looking at adding commodity futures exposure to their portfolios. Before hiring an advisor to help you with commodities trading, make sure they are a “Chartered Market Technician” (CMT).

Source: Forbes March 09, 2021 18:22 UTC