Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Theoria

No I used to be a grain trader at the Chicago Board of Trade. During a drought I’ve seen grain prices go from panic buying to panic selling in a couple of minutes. It’s only odd to someone who doesn’t trade. Put it this way...If the markets made sense and were easy to predict we’d all be billionaires.


13 posted on 09/17/2012 12:30:31 PM PDT by Blackirish
[ Post Reply | Private Reply | To 10 | View Replies ]


To: Blackirish
If the markets made sense and were easy to predict we’d all be billionaires.

Horsecrap. If the markets made sense, they wouldn't necessarily be easy to predict.

Grain futures trading on droughts is REAL. It makes sense. It's not easily predictable.

Whipsaw instability due to millisecond false-signal trades trying to inch out millions of dollars on false bids is not the same thing and it's not the same thing as legitimate automatic computer trading.

18 posted on 09/17/2012 1:54:13 PM PDT by sam_paine (X .................................)
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson