Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

the Presidential election corn scam

Well here is the truth-the facts- about the scam of the 1st quarter Presidential election year corn price rally.. The current contract came into the 1st quarter at 664. It closed at 644. A LOSS of a thousand bucks a contract. It took at last day limit up move of 40 cents to narrow the loss from 3 thousand dollars to a mere $1000. These are the open and close price of the quarter. Undisputed facts.
Now the truth is corn could have increased in price in the 1st quarter for many reasons. But a 4 year election cycle would not have been one of them.
You may have also noticed that the stargazer stock theory fell flat on it's face as well. Do brokers think we are all stupid? Will they stoop to any means to get a commission $? Well as you know many think so highly of themselves that they even believe the manure they spread!
Traders don't let some carnival barker houscow you into some cockamamie trade premise. The price of corn has no correlation to election years.Stars don't control stock prices. One way to tell your broker is a churn and burn snake oil salesman is to consider the trade ideas he presents. If he is selling you spreads to double his commiisions and contradicting trade positions to pad his paycheck or comes up with some hogwash premise to trick you into a trade-you need another broker.