This is a sample entry from Kirk Donsbach’s newsletter, The Cattleman’s Advisory, published on June 19, 2017. Weekly Cattle Commentary 06/16/2017 The week’s cash prices ranged between 128 and 134$, with the higher prices coming early in the week. Dressed sales 200 to 217$. Basis is 5-7$ over the June Live board. Estimated weekly slaughter… Read more.
After this past week we think it has become evident that the price of the live hog futures are having a very difficult time in keeping up with the ever increasing product market as well as with the live hog market.
Hello everyone! Welcome to edition #1 of what we hope will be the first of a long line of the newest newsletter to come from Daniels Trading and Daniels Ag Marketing. It’s called The Swine Times, and it will be dedicated to helping folks speculate and form fundamental opinions in the Lean Hog markets. By… Read more.
Market participants understand the importance of protecting their hedges. Approach the markets equipped with a number of hedging techniques! This guide is designed for sell-side producers and introduces a number of basic and complex hedging strategies to avoid unlimited risk on your hedges.
The #1 piece of advice I give to new brokers and new traders is “Don’t Spec Errors. “ In other words, if you entered a position due to an execution error, just close the position and move on. Do not treat the error as a speculative trade.
When stops are triggered on the CME Globex and ICE systems, they do not become market orders. For US futures electronic markets, Stop Orders are really “Stop with Protection Orders.”
Smart Stops Now that we covered the different types of stops in the previous article, let us focus on determining where to place them. Emotions run high when trading, especially in the faster moving futures markets like Crude Oil. Smart Stops are placed at areas that factor in market noise, thus recognizing the potential for… Read more.
Stops are a very important component to trading. In my opinion, the most destructive mistake when trading is NOT placing a stop. In this article, we will review types of stops. In the next article, we will go over placement techniques, and at the conclusion, you will understand how to implement stops no matter your… Read more.
Many traders discuss reward/risk as they are developing and executing a trade. However, few understand how to keep a positive reward/risk profile throughout the trade. For example, let’s follow Steve. He wants to purchase an E-mini S&P (ES) contract as he believes it will rise in price. He has $50,000 in his account and is… Read more.
This concept involves structuring, or carving, our account into capital segments so we can better manage our risk and gauge the effectiveness of our trading. While there is no one “right” way to accomplish this task, the mere understanding and implementation of this process is important. There are several ways we can structure our trading… Read more.