Commodities · Basic
Commodities Basic
Metals & Energy Foundations
Commodities behave nothing like currencies, and traders who assume otherwise are usually surprised by contract sizes and overnight gaps. This track covers gold, silver, copper, and crude from first principles — what the contract is, who trades it, and where the risk actually sits.
By the end, you should be able to
- Describe how bullion and energy contracts are quoted, sized, and settled
- Identify the supply-and-demand forces specific to each commodity
- Compute tick value and margin for a metals or energy position
- Recognise why commodity volatility demands different sizing
Who this suits
- Beginners drawn to gold and silver specifically
- FX traders adding a commodities module to their knowledge
- Learners who want to understand MCX and COMEX contract structure
Syllabus
- 01
Module 1 — What a commodity contract is
- Spot, futures, and the role of the exchange
- Contract specifications, tick size, and lot size on MCX and COMEX
- Expiry, rollover, and why the calendar matters
- Physical settlement versus cash settlement
- 02
Module 2 — Precious metals
- Gold as a monetary asset: real yields, the dollar, and central-bank buying
- Silver's dual industrial and monetary character
- The gold–silver ratio as an analytical lens
- Indian import duty, rupee effects, and domestic premium
- 03
Module 3 — Base metals and energy
- Copper as a growth indicator and its China dependence
- Crude oil: OPEC+, inventories, and refining spreads
- Natural gas seasonality and weather sensitivity
- Why energy gaps overnight and what that means for stops
- 04
Module 4 — Charting commodities
- Reading continuous versus individual contract charts
- Session gaps, thin liquidity, and false breaks
- Volume and open interest basics
- Volatility-aware stop placement
- 05
Module 5 — Risk in a leveraged contract market
- Why a single metals lot can carry outsized notional exposure
- Overnight and weekend gap risk
- Correlation with the dollar and with equity risk appetite
- Sizing rules adapted to commodity volatility
What's included
- Recorded video modules with lifetime access
- Contract-specification reference sheets
- Weekly group doubt-clearing session
- Tick-value and margin calculators
- End-of-module knowledge checks
- Learner community access
What's deliberately excluded
- Buy/sell calls, tips, or trade signals of any kind
- Portfolio management, fund handling, or trading on your behalf
- Any assurance of profit, income, or a minimum return
- Brokerage accounts, demat services, or execution facilities
We teach method and risk discipline. What you do with that knowledge, and the capital you place at risk, remains entirely your own decision and responsibility.
Other levels in the Commodities track
Premium
Commodities Premium
Applied Commodity Analysis
Elite
Commodities Elite
Mentored Commodity Specialisation
