Been pondering a really important question.
Ok, whne a farmer (for example) creates a futures contract to trde his grain, the contract in essence goes from him, out into the market place where it is bought and sold a bunch of times untill it eventually ends up in the hands of someone who wants to take delivery, right?
Now, during this process, the guy doing the buying is said to be "Long"
The guy doing the selling is said to be "Short"
So am I to understand this right, that only guys with big feet can buy, and futures can only be sold by midgets?
What must the staff at your brokerage house look like to accomplish this?