Today's heavy sell-off across the board in commodities, and especially soybeans, was due largely to liquidations by hedge funds, who are being forced to sell because their banks are making margin calls. I find it hard to believe that anyone waited until today to sell their soybeans and other grains. I have been short the soybean market since March 6th.
This underscores the fact that small individual traders like me have distinct advantages over large funds. They have the disadvantage of the Law of Large Numbers. I am much more nimble and able to enter and exit the markets quickly.
This underscores the fact that small individual traders like me have distinct advantages over large funds. They have the disadvantage of the Law of Large Numbers. I am much more nimble and able to enter and exit the markets quickly.
