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Old 07-26-2007, 06:44 PM
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Re: High Volatility and Long Liquidations

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For traders who are struggling with the index futures, perhaps look for a less volatile market to trade in. This market condition is not ideal for new traders and traders with small accounts. (it will easily wipe out your account!)
I recommend soybeans. I could have made bank today on beans but I didn't have time to take the trades I was so focused on YM. (Plus my little sons kept knocking on my office door. Gotta love 'em now though because when they get bigger you never see 'em.)

Anyway. Soybeans. They breakout and trend better than the indexes.


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