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Strategies & Market Trends : Grain Futures Trading -- Ignore unavailable to you. Want to Upgrade?

To: nicewatch who wrote (494)4/13/1999 10:03:00 AM
From: strenlich  Read Replies (1) | Respond to of 645
 
Thanks Guys. I think I understand. I am also having trouble as to the
terminology of trading. For example, today if I have no open position
on Soybean meal, and I want to go long if it takes out yesterdays high of 134.50, would I say(to my broker) Buy 2May Soybean Meal @ 134.60 on a Stop? I have made the assumption,perhaps erroniously that stops can only be used to exit an open position. Is this correct? Thanks again.
regards-strenlich-



To: nicewatch who wrote (494)4/17/1999 8:23:00 AM
From: Rich B.  Read Replies (1) | Respond to of 645
 
Good article about bean cost of production - farmers perspective.
agriculture.com
If we don't have severe weather problems this spring any weather rally will be short lived IMO. Rich


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