CancelPost Comment

08/25/2011 @ 12:49pm Oats. I didn't realize anyone speculated in oats. Definitely stick with the big three. You're right about trading being emotionally draining. You learn pretty quickly if you have what it takes. You mentioned margin calls; in my opinion a trader is a fool to even get a margin call. My stops are placed way before that. I pretty much just place my stops, keep faith in my system, and let the market do what it may. You kind of have to be fatalistic about your money. You know you're going to lose some, but you have to believe (and have a system) that over time you'll make more. I haven't been trading a long time, and it isn't my full time profession but I do make money off it. Trading is like writing or playing golf. It's hard to do it well. I mean it's HARD. This was an interesting story Mike and I hope you try it again.

Report Abuse Reply
MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Big Picture: A look at the technicals
MORE FROM MIKE MCGINNIS more +

Planters rule the market? By: 05/17/2013 @ 12:11pm As the end of April approached, all the talk was about how slow the U.S. corn planting pace was ...

Old corn, soybeans end sharply higher By: 05/17/2013 @ 8:44am DES MOINES, Iowa (Agriculture.com)--Old-crop corn prices and soybeans finish stronger, as the ...

Farm markets lean higher By: 05/17/2013 @ 7:29am The CME Group's corn, soybean, and wheat markets are expected to start higher Friday. The ...