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TFC Commodity Trading Forum

Re: Dec Corn/Rolling Over/Artie
In Response To: Re: Dec Corn/Rolling Over ()

The important thing to remember is Corn's price action is or I should say "can be" like the Biotech stocks which is impulsive and dramatic and news related more than a lot of markets. So price can track sideways for periods of time and erode in price and then explode on a single headline and run straight up or straight down just like Biotech companies with major announcements which can be bullish or bearish. So you are always playing with fire or playing with a market that can go sideways and drive you crazy for long periods of time. There are better fish to fry unless you trade for the "RUSH" like so many do and always have. Spread trading it would make a lot more sense in order to smooth out the trends. Moore Research has a lot of data on Spread Trading and is only less than fifty bucks a month. Any commodity chart you see in a book etc will likely say MRCI on the bottom of it as they are the leaders in this commodity data field with most institutions getting their data from them. They are the "Big Dog" and worth subscribing to when trading volatile markets like this.