Eli Tesfaye
Senior Market Strategist
17 years of service
Open AccountEli started his career in the futures and options market while he was in graduate school finishing up his MBA in 2003. Eli specializes in Automatic trading strategies and systematic options trading strategies in futures market. He has been Series 3 license holder since 2005. Eli's is an avid reader, runner, and yoga practitioner.
Sector Focus
Energy, Agriculture, Equity Indices, Metals
Analysis Preference
In addition to scalping and swing trading, Eli lives and breathes three main options strategies to approach commodity markets. His favorite quote is from Bruce Lee who said, “I fear not the man who has practiced 10,000 kicks once, but I fear the man who had practiced one kick 10,000 times.” Focusing on handful option trading strategies and implement them skillfully. Also, Eli is great technical analysis specializing in western and eastern candlestick chart patterns. He also makes sure that there is a proper exit, stop, and profit objective in trade recommendations.
Strengths and Trading Philosophy
Most of Eli's strategies focus on risk management and position sizes relative to account size. He believes the key to being successful in trading the futures market is implementing proper money management discipline. Since it is unrealistic to expect each trade to be profitable, solid technical approach, proper money management, position size, and discipline give traders an edge and puts the probability of success on their side. He enjoys working with those who are new to the futures markets, as well as season traders, in identifying market opportunities and sound strategies.
Eli Tesfaye in the Media
- Marketplace - Copper is so hot that a mining firm turned down a $39B takeover bid
- Business Recorder - Gold Challenges $1900 Again After U.S. Inflation Ticks Up
- CNBC - Gold Scales 3 1/2 Month Peak on Subdued Stocks, U.S. Yields
- Investing.com - Soybeans Lead Ags to Super Week as Wall Street Hit by Fear
- CNBC - Gold Gains on Mounting Pandemic, Vaccine Worries
- CNBC - Gold Rises as Pandemic Worsens, U.S. Elections in Focus
- ‘King Dollar’ Drives Oil Into Bear Market, Hijacks Gold’s Safe-Haven Crown | Investing.com
- Precious Metals Spoofing Trials Show Too Much Deceit In Play For 'Little Guy'
- Oil Back Up As Supply Fears Ease, But Market Not Too Bullish Says Analyst - Ship & Bunker (shipandbunker.com)
- Oil up, rebounds on renewed gasoline demand, weak dollar (cnbc.com)
- Oil prices jump after U.S. crude, fuel stocks drop, dollar weakens | Reuters
- Oil Climbs Ahead Of OPEC+ Meeting Next Week (carandbike.com)
- Oil Rally's ahead of OPEC Meeting
- Oil climbs ahead of OPEC+ meeting next week | Reuters
- Crude oil is climbing ahead of the OPEC + meeting next week - Bollyinside - Today News
- Weak dollar, big U.S. crude exports buoy oil markets (cnbc.com)
- Weak dollar, big U.S. crude exports buoy oil markets | Reuters
- Oil Rebounds but Critics Think the Rally is Fleeing
- Weakening Dollar Boosting Crude Exports, Central Bank Demand for Gold (fxempire.com)
- Oil settles little changed after China eases COVID curbs, dollar dips | Reuters
- Enthusiasm For China Lockdown Easements Elusive As Oil Prices Remain Mixed - Ship & Bunker (shipandbunker.com)
- Oil hits lowest since January on creeping economic uncertainty – One America News Network (oann.com)
- International oil prices plummeted for two consecutive days, approaching the lowest point of the year-breakinglatest.news-Breaking Latest News
- Oil nosedives over 4.0 per cent amid economic jitters (financial-world.org)
- Oil hits its lowest level since January due to creeping economic uncertainty (oe-mag.co.uk)
- Oil prices slump to pre-Ukraine crisis levels on economic jitters | BOE Report
- Oil hits lowest since January on creeping economic uncertainty (thenews.com.pk)
- What does the Russian oil price cap mean for oil prices? - Marketplace
- Oil hits lowest since January on creeping economic uncertainty - TODAY
- What does the Russian oil price cap mean for oil prices? - Marketplace
- Oil rises to over $80/bbl as dollar slumps on slowing inflation | Reuters
- Oil prices jump by $3/bbl after Russia suggests reduction in output owing to the price ceiling | DH Latest News, DH NEWS, Latest News, NEWS, International , (eastcoastdaily.in)
- Second Week Of Oil Gains As Russia Comments Kindle Supply Fears - Ship & Bunker (shipandbunker.com)
- Oil rises $3/bbl after Russia signals output cut due to price cap | Reuters
- Oil rises 3% after Russia signals output cut due to price cap - The Globe and Mail
- Oil jumps over 3 per cent after Russia signals output cut in retaliation to price cap (financial-world.org)
- There's less natural gas hedging going on. Why? - Marketplace
- U.S. crude is playing a bigger role in pricing global oil