Macquarie made a recent statement about the current commodity blood bath.. “Unequivocally, the last 12 months has seen one of the biggest commodity sell-offs outside a global economic recession in history.”

As a trader of commodities one might assume this has been the worst period…however 2011,2012 and 2013 were actually one of the toughest. Compounding the problem was the implosion of MF Global. Actually this year so far has been challenging but commodity traders can make money in up markets or down. A great deal of money was made last year when crude oil fell and when the US dollar strengthened.

Regardless of all of that…what is most interesting to me ….what will be the effect of the end of QE2 and QE3. We are in some interesting times. Times like this one can make a great deal of money as well as lose it…One needs to trade with a plan regardless if it is stocks…commodities or even bonds…