Once in awhile in the course of my
elusive search for the all-mighty dollar, do I stumble
across a worthwhile endeavor. Common Sense Commodities
perhaps marks the end of my quest.I preface this statement as a
natural born skeptic. Mom always taught me: If it’s too good
to be true. RUN! Thus, when a friend of mine mentioned to me
about David Duty’s course in commodity trading and the
results he was experiencing, I immediately thought of the
used-car salesman’s credo: There is one born every second.I first contacted Mr. Duty by phone
three months ago and inquired about his methods and course
to trading commodities. After a brief conversation with Mr.
Duty, he explained to me that it is possible for someone
like myself to learn to trade with the right determination .
Yeah right I thought, but figured I’d give his free
introductory class a try.I am the first to admit, that at the
time, I didn't know the first thing about the futures
market, so I approached the seminar with the advantage of
complete ignorance. Up to then, all I had ever heard about
trading commodities is that it was for gamblers and I would
soon lose all my money. However, the allure of sitting at
the coffee shop and telling my cohorts that I was now a
commodities speculator along with the potentials to make
millions with a small amount of capital was too enticing to
pass up and fueled my intrigue.Upon arriving to the introductory
class, I fully expected in my minds eye to see Mr. Duty
dressed in a silk power suit, slicked back hair and draped
in gold Rolexes with rings on every finger. Boy, was I ever
off base.David is as down to earth and humble
as the farmers producing the commodities we were there to
learn to trade. Easy going and completely accessible. A
no-nonsense, no fluff kind of guy, David quickly put me at
ease and I was finally able to drop my guard a little.
Later, I would learn to respect and appreciate his demeanor
even more.David starts out by giving the class
a thorough history of the commodities markets along with a
complete outline of the course objectives we would cover
over the next four weeks. I was indeed impressed at how he
was willing to answer any question posed to him, no matter
how corny they might have seemed. One of the things that
struck me was his true love for the industry and genuine
caring about teaching others to be successful, that he
devotes a large portion of his personal time to instructing
others on the fine points of trading that have taken him
years of personal study, as well as trial and error to
perfect. You don't often find that in today's world.Over the next few weeks of attending
Common Sense Commodities, (one night a week for two hours)
the course took us through a comprehensive, yet, easy to
understand workbook that David wrote. The instruction
material is filled with many examples of graphs, term
definitions and straight forward explanations on how to
recognize trend shifts. Complete summaries at the end of
each lesson drive home the most important aspects through
the quizzes at the end of the chapters. The underlying theme
seemed to be treating the trading game like a business by
protecting your trading account at all times with stop
losses and knowing when to take your profits and go home.David preaches paper trading to all
his students. This is the technique of placing and following
your trades without any real money being dropped into an
account until you are certain you have learned the methods
of trading and are comfortable with the process. He repeated
constantly, "If you can't make money on paper first, then
never invest real money in the market." This seemed to make
perfect sense to me.The course stresses Technical
Analysis or trading using charts to spot market trends. The
beauty of this type of training, is the cross-over ability
into regular stock trading as well as commodities trading.
As a matter of fact, I've been using it on several stocks
I’ve been looking at, and what I learned in his
"commodities" class is working perfectly for me in the stock
market too.At the end of the course I felt as
if I knew just about everything I needed to know to venture
in the markets wisely and confidently. One of the most
remarkable aspects of Mr. Duty’s course is the fact that he
is willing to act as a consultant for follow up advice to
your questions. A few weeks after I finished the
course, I met with David over coffee to review a couple of
the trades I had placed and to get a couple of pointers. He
spent well over an hour with me at a little coffee shop that
he picked out and when I ask him what I owed him for this
"private lesson," he replied; "You can pay for the coffee."
People like this are hard to find. I'm glad I got to meet
him. For anyone looking to learn the
nuances of commodity trading in a concise and no-nonsense
format, I most strongly recommend they contact Mr. Duty to
learn when and where his next seminar will be. Two thumbs up! for Common $ense
Commodities.
R.C. Manning
Contributing Editor Bulletin Board Times
To order the full 450 page printed course in full color,
along with then hours of CD ROM video, for only $497.90 plus
shipping*, please click on the link below.