Sep

15

Trading the Grains, from anonymous

September 15, 2015 |

Most specs need to work on their skills of sizing up a market, whatever it is they trade. A successful spec should at all times have a pretty good idea how much of whatever they are trading is for sale, they need to know the size of the market. In the wheat market, one can expect a market and likely fill of 1/2 million bushels at every quarter cent, possibly several million bushels at the cent. Be very wary when you're in the grains looking at the highs of the day/move and there is nothing for sale. It's times like these that cause people to jump out of buildings.


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