This is a more basic question and shd hv been asked earlier..
Do you prefer the commodities market over cash/fno/currencies? if yes ,why ?
I'll prefer commodities over others anyday.
Reason being:
Equities(cash) are good for long term investors, being the buyers only market its most suited for that purpose only. Learning curve of equity is complicated and vast, to understand fundamentals and cycles of equities requires too much time.
FNO takes too much capital, still has low liquidity in option chain, and taking position in next or far month contract is nightmare, requires too much capital, option strategies also takes up too much capital and trading in option is to the disadvantage of retailers.
Currencies: Its good to trade currencies, but structural problem is that major events which took place in currency pairs took place after our exchange is closed, so it puts our traders to a great disadvantage, I wish if they are allowed to be traded just like commodities i.e up to 11.30 pm, they will be wonderful instrument to trade. Its a liquid market so its good to trade, but in india its yet to mature.
Commodities: Internationally traded commodities are the most liquid assets and therefore technicals works best here. Totally depend on demand and supply and its cyclical so tracking fundamentals is a bit easy and reduces the learning curve in comparison to equities. Larger trading hours gives more time to play swings and opportunities for jobbers/scalpers. Still our market is evolving but as I have tracked both the markets (with fa and ta) ease of understanding and trading is more in commodities than equities.