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5 Best Commodity Trading Strategies That You Should Follow

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5 Best Commodity Trading Strategies That You Should Follow

Do you want to know about commodity trading? Do you want to acquire some tips to become expert in trading? Everyone is engaged in commodity trading; some are a beginner or experienced traders. They are aware of the risk that is involved in the commodity market. You should know many things about commodity trading, especially if you are a beginner.

In this article, we will tell you the 5 best commodity trading strategies that you should follow, no matters whether you are a beginner or an expert trader.

Strategies for commodity trading by experts

Here are some of the top types of commodities traded strategies that you have to follow.

  1. Understand the commodity markets seasonality

The commodities market traders who lack knowledge and experience may ignore the seasonality involved in commodity markets. Every trader should follow this most important type of commodities traded strategy.

Traders must remember that seasonality is vital in predicting and determining the commodity’s price. This is possible because the commodities are real-world things, and their use and access are based on the season.

Several trading apps help you to predict and determine the prices by giving you a lot of information on seasonality.

  • Targets on a single commodity

There the many commodities available in the trading market for traders. , But it is suggested to ensure your success by focusing on the single commodity that belongs to the particular segments, such as base metals.

This is a useful and powerful commodity trading strategy that you never ignore while trading. If you follow this trick and only focus on single commodities, then it will help you to conduct in-depth research regarding price movements.

  • Study the markets and make a move accordingly

It is suggested that traders study the markets properly before making any decisions. As per the experts, the right time to buy the commodity is when the markets take to move from normal to bullish.

Traders must use the stop loss position to reduce the losses. Similarly, the good time to sell the commodities is when the market takes a good turn by holding the resistance on short positions with the stop loss.

  • Conduct the fundamental analysis

Commodity trading primarily depends upon supply and demand concepts. If the commodity demand is low, while it has an increased supply, then the commodity price will be declined.

It is suggested that traders get a clear understanding of supply and demand factors, which helps them to make informed decisions.

  • Breakout trading

According to the commodity trading strategy, the traders take the move at the start of market trends. This specific stage witnessed major price movements and high volatility.

If you follow this commodity trading strategy properly, then it will provide you the good chances to earn profits and minimize the commodity trading risks.

Conclusion

All the above-listed commodity trading strategies help traders. These strategies not only make sure to reduce the risks but also increase the chances of earning profits.

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Trollishly Tips for Event Marketing on Social Media

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Trollishly Tips for Event Marketing on Social Media

Turning a good idea into a sold-out event takes a lot of work. Additionally, marketing an event is 3/4th of planning one. Social media is right up there at the top of the list of marketing mediums that promote attendance, excitement, and involvement. The best part is that social media event marketing takes less time than you might anticipate.

You are capable of doing it. Getting into one of your events and finding it full of individuals is one of the best sensations on the planet. Social networking can assist in your journey. Knowing what to publish and where to upload it to social media event marketing is essential for reaching prospective followers or fans.

For example, take tiktok; if you are an event business owner active on tiktok, you can do it smartly. First, make sure to create videos that have all your best event designs and works. Then, post it at the right time when your audiences are active online. This will make a lot of viewers check on your video. You are also free to buy tiktok likes for that video to make it go viral quickly. Try the app and see how it works for you.

Tips for Event Marketing on Social Media

Here are some suggestions for effective engagement based on how leading businesses managed this pre-event SMM (social media marketing). Also, how you can incorporate the results into the social media strategy for your event:

1. Creatively Reveal Speaker Lineups or Unique Visitors

Around 14 percent of all social media posts regarding events were filled with excitement and anticipation. The proportion of this kind of tweet or posting before the event was indeed the highest.

Build buzz by revealing lineups or unique visitors in inventive ways or by using teaser clips and photographs. You could, for instance, publish your countdown clocks to the event—extra points for using eye-catching visuals to encourage sharing.

2. Post More About Registrations And Early Bird Bookings

Almost one in ten tweets on social media concerning events mention ticket sales: When they’ve made a decision, viewers want to push their friends to attend the event, and posting their tickets on social networks is a common way to achieve this.

The best way to generate buzz is to use urgency to encourage ticket sales by posting early bird ticket sale openings anytime, and registrations are close to expiring.

3. Focus on FOMO

Give away more products to folks who already have FOMO. People who are unsure about being capable of attending the event in person would feel serious FOMO (fear of missing out). Giving them new chances to participate in the event ease their anxiety. Social media competitions for ticket or travel awards might be made, or coupon codes can be distributed to followers. A VIP pass giveaway would be an excellent opportunity to stay beyond. To further increase your exposure, announce a qualification requirement to enjoy these privileges.

4. Stay Up With Backstage Activities

Before the event even begins, share pictures from backstage. Photos from the backstage area are excellent for revealing what goes on there. In addition, they are essential for observing what takes place before the stage is even constructed!

An excellent method to increase engagement and connection is to share these behind-the-scenes images and anecdotes before the event starts. According to our research, businesses and attendees engaged in exciting behaviors, such as sharing vacation itineraries for dream or destination events, publishing outfit photos from music festivals, and posting marathoner training schedules.

You could do the same when they are presenting their preparations. Give viewers a behind-the-scenes look at how the event is produced to make them feel like insiders. These fleeting glances can aid in developing a personal bond with potential guests.

Additional Tip: You may contribute to and influence the online discussion by creating the kind of content which event fans are currently uploading. Retweet enthusiastic participants’ tweets as well, as their posts serve as free advertising for future guests.

Tips for Posting With the Best Quality on Social Media

Consider ways to make it photogenic to entice participants to post pictures from the event. Here are some ideas for how to make your event photogenic:

1. Provide an Image Or Photo Booth

Make space for a photo booth and pay more attention to features that might make excellent Snapchat or Instagram photos. You can make them look alluring to reach the attention of global users. In this scenario, even Trollishly would help you with a tremendous reach. So offer a photo booth, it will help you in the best way.

2. Present Speakers’ Content

You could tweet or share significant statements from speakers at events with speakers, including conferences or fundraisers, to promote engagement. The hashtag for your event and a @mentioned of the speaker in the post can make this content go viral among both audience members and viewers at home.

3. Show Them Your BTS

Show fans what happens backstage with photos and videos. You may also make compelling multimedia updates to encourage interaction during the event. For example, share images and videos that take viewers behind the scenes at the event or that feature special interviews with guests. Photos work well on all social media platforms, Facebook Live video is a fantastic live resource, and Snapchat or Instagram stories are appropriate for sharing spontaneous experiences.

4. Engage Your Audience Using Q&A and Polls

To find out which performance, exhibit, or lecture was the most well-liked by guests, employ interactive content like Q&A or surveys. Have a staff member who will respond to any queries, problems, or remarks that people are sending your way. The fastest or most convenient polling option for this is Twitter polls.

Wrapping Up

Many thanks for reading! Please let us know if you have attended any events and feel similar findings apply to them. Does this match your expectations on the post about your event on social media? How do you attract your audience with information before, throughout, and after events? Your feedback in the comments section would be fantastic!

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