One mistake that many traders make is that they always trade the same futures, no matter how erratically or unreliably they trade. This is a costly mistake, but people can throw away their money if they want to.
I am back to trading the grains today, mainly because they have good liquidity and strong momentum. I expected that there would be stiff support outside the current trading ranges that might push corn and soybean prices back within those very tight recent trading ranges. That is exactly what has happened today. If the momentum is strong enough, it make push margin requirement higher again.
I am back to trading the grains today, mainly because they have good liquidity and strong momentum. I expected that there would be stiff support outside the current trading ranges that might push corn and soybean prices back within those very tight recent trading ranges. That is exactly what has happened today. If the momentum is strong enough, it make push margin requirement higher again.
