Global Capital Reserves: Grains Near Limit Down Most of Day

Friday, August 15, 2008

Grains Near Limit Down Most of Day

Grains not only opened lower, but remained near limit down through the trading session today. Both corn an soybeans traded much lower. I exited my long positions (corn and wheat) last night when trading moved lower after the opened at 7:00 pm EST.

S Benard at 12:14 PM

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S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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