Global Capital Reserves: Grains Continue Downtrend

Friday, January 29, 2010

Grains Continue Downtrend

Frequently, on Fridays, grains will sell off. Traders don't want to hold positions over the weekend with the possibility that weather may change and impact prices adversely.

S Benard at 12:35 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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