Soybeans

[The Bear]

What are your thoughts on soybeans anyone?

I was long months ago on a swing trade at the beginning of the bull run...but got out early for a small profit.

At this point i'm reluctant to get in...I feel the move might have happened already.

[wsam29]

	Quote:	The Bear
	At this point i'm reluctant to get in...I feel the move might have happened already.

I did the same thing, went long July Beans on 30 Jan 07 around 748, exit my trade +8, went as high as 816, that's alot to leave on the table so to speak, but there are many psychological reasons for us leaving early in a trade.

If you keep thinking like that, you will miss the next move.

Forget about your last bean trade and just watch what is going on now.

[The Bear]

No it's true. Your right I keep looking at the bean trade. I need to stop looking. It was a daily swing trade but the thing that gets me the most is I was following it all summer, everyday, and I felt the turn...and I got in at a great spot.

Check it out:

OCT 4 2006

ENTRY: 555

[The Bear]

WSAM, it's funny I notice you live in T.dot. I live near YONGE + YORK MILLS

[wsam29]

birchmount & eglinton

[The Bear]

Oh no - your near that monster walmart. I went there the other day and spent all my time trying to find stuff. Then you have to wait in line for an hr. It is literally bigger than the Anchorage, AK airport.

[torero]

I'm just getting into agriculture futures. Anyone know the difference between soybean and soybean meals? Differences in trading characteristics? From seeing the chart, I see these trend very well. I'm still researching but interested into learning more. I hope this section will be more informative over time.

[cooter]

	Quote:	torero
	I'm just getting into agriculture futures. Anyone know the difference between soybean and soybean meals? Differences in trading characteristics? From seeing the chart, I see these trend very well. I'm still researching but interested into learning more. I hope this section will be more informative over time.

I stick with the big three: Corn, Wheat and Soybeans. On lock limit days, it's pretty volatile in the other grains, so it's worth my while.

I'm just curious what others are paying to trade these myself, seeing as I currently have a pretty sweet deal...

[cooter]

	Quote:	wsam29
	birchmount & eglinton

I must have spent a good 10 years of my life in and around the GTA myself, before moving stateside.

[notouch]

Corn hit it's 5% limit on Friday and gapped down again Monday. I believe it hit its limit again and is currently locked limit down so you can't sell. That's a bad situation for those locked in long positions.