{"id":8273,"date":"2021-05-07T19:35:06","date_gmt":"2021-05-07T16:35:06","guid":{"rendered":"https:\/\/roboforex.com/blog\/?p=8273"},"modified":"2026-05-26T10:57:18","modified_gmt":"2026-05-26T07:57:18","slug":"how-to-trade-commodities-guide-for-beginners","status":"publish","type":"post","link":"https:\/\/roboforex.com/blog\/blog\/2021\/05\/07\/how-to-trade-commodities-guide-for-beginners\/","title":{"rendered":"How to Trade Commodities: Guide for Beginners"},"content":{"rendered":"\n

Speculating commodities<\/a> is yet another opportunity for investors to make money. Such goods are most often resources that sustain the world economy, and any changes in the latter lead to commodity price fluctuations.<\/p>\n\n\n\n

Many traders are discouraged from trading commodities because trading principles are hard to perceive, while a simple habit of trading currency pairs<\/a> is strong. If you do decide to take up trading commodities, from this article you will get to know what these goods are, what influences their price, and how to trade them.<\/p>\n\n\n\n

You can visit the RoboForex Market Analysis<\/a> webpage for the latest Commodities forecasts<\/a>.<\/p>\n\n\n\n

<\/span>What are primary commodities?<\/span><\/h2>\n\n\n\n

In this article, I am going to use primary commodities<\/strong> and just commodities as synonyms. Commodities are raw materials meant for further processing and producing some products. Commodities include the results of agricultural work, such as grain, or mineral resources, such as oil, gas, gold<\/a>, and a much longer list of goods.<\/p>\n\n\n\n

This type of asset is characterized by lengthy trends<\/a>. Currency pairs get into flats<\/a> sometimes (which means the quotations demonstrate no clear direction), while oil demonstrates directed movements most of the time. This peculiarity is to be kept in mind when trading such assets. Experienced traders advise opening positions with at least a 6-months perspective.<\/p>\n\n\n\n

<\/span>What commodities are there?<\/span><\/h2>\n\n\n\n

All commodities can be split into categories, which are as follows.<\/p>\n\n\n\n

<\/span>Energy<\/span><\/h3>\n\n\n\n

Energy carriers are WTI<\/a> and Brent<\/a> oil, natural gas, fuel oil, gasoline, etc. Note that Brent<\/a> has been in a stable uptrend since April 2020. At that time, the quotations were as low as 16 USD per barrel while by now they have reached 70 USD.<\/p>\n\n\n\n

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Brent oil price chart<\/figcaption><\/figure>\n\n\n\n

Economic stimulation during the coronavirus pandemic made oil prices grow all over the world. Large banks have already started talking about the renewal of a long-term cycle of oil price growth with the aim above 120 USD per barrel. If you are particularly interested in this commodity, I recommend an article devoted to it:<\/p>\n\n\n\n

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How to Trade Crude Oil? Full Guide for Beginner Traders<\/a><\/blockquote>