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What should I know to trade commodities?
The asset, contract, economic forces and risk mechanics behind commodity markets.
- 01Economy & context · beginnerRead guide
Commodities
Commodities are standardised raw materials such as energy, metals and agricultural goods. Investment exposure often uses futures, so returns need not match a spot-price chart.
- 02Markets & trading · intermediateRead guide
Futures basics
A futures contract is a standardised agreement to exchange or financially settle an underlying exposure at a future date. Both sides carry obligations and post margin.
- 03Economy & context · beginnerRead guide
Inflation
Inflation is a sustained rise in a broad measure of prices, reducing the purchasing power of a unit of money. Different households and businesses experience different price baskets.
- 04Economy & context · beginnerRead guide
Exchange rates
An exchange rate is the price of one currency in units of another. Every quote is a pair, so a rise or fall must name which currency strengthened.
- 05Economy & context · beginnerRead guide
Interest rates
An interest rate is the price of borrowing or reward for lending over time, expressed under a stated convention. Different rates reflect term, currency, credit, liquidity and policy.
- 06Risk & returns · intermediateRead guide
Leverage
Leverage uses borrowing or derivatives so gains and losses apply to exposure larger than the capital committed. It magnifies sensitivity and can create forced action.
- 07Risk & returns · beginnerRead guide
What does volatility actually mean?
Volatility describes how widely and quickly prices move, not whether an investment is good or bad.
- 08Risk & returns · intermediateRead guide
Position sizing
Position sizing decides how much capital or risk to allocate to one exposure. It shapes portfolio damage when the thesis, price path or execution goes wrong.