Meanwhile, the stock indexes are struggling to keep their heads above water. Yesterday's settlement price is the turquoise-colored line on the left chart. As long as crude oil prices remain strong, I don't believe stocks will be able to sustain a rally. I have been trading primarily the Dow and 10-year treasury indexes for the past two weeks, with a few grain trades thrown in for good measure.
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.