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brownsfan019

Trading the Grains - Soy, Corn, Wheat

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My brokerage is a Chicago-based firm and I trade through the Ninja Trader platform.

 

 

Who are you using? I'm based in London uk so am worried about picking a bad broker out there. Feel free to pm me if you don't want to say in the forum.

 

 

Thanks

Iwshares

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You need a futures broker to trade grains. That slippage is unacceptable and you will be broke very fast trading grains with that (almost 3 points) kind of slippage. Stop now before it's too late. The one thing you have to keep in mind with grains is that a news event will cause some significant gaps - so something like a flood being reported in the midwest can cause significant gaps.

 

Secondly, if this is your first foray into commodities after trading forex you sure picked a doozie! Corn is a little more liquid and moves a little slower - I would start there until you get a feel for grains as they are a very different beast from fx.

 

I could not find DOOZIE in my dictionary, Sir. Can you help improve my English vocabulary?

 

Thanks

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Who are you using? I'm based in London uk so am worried about picking a bad broker out there. Feel free to pm me if you don't want to say in the forum.

 

 

Thanks

Iwshares

 

Sent a PM

 

Don't want to be accused of foul play.

 

 

Phantom

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Just found this old thread.

I'd figure I bring it back from the dead, LOL

 

Here is my Corn trade from yesterday, April 27, 2012

Traded 4 contracts, quick $850.00

 

Starting to look at ZS and ZW as well...

Folks on this thread still trading these babies?

ZC_April_27_2012.thumb.png.620536382c7d0ec54862f699137930a4.png

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Good to know, but not to repeat I suppose :)

Thanks Enoch

 

Since the thread has come back to life I will explain what doozie means - it means its a motherfucker!

 

:rofl:

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Good to know, but not to repeat I suppose :)

Thanks Enoch

 

Doozie is slang derived from Duesenberg - a very expensive car from the 1920s. Nothing vulgar, just a little dated. I mean the word Doozie is not vulgar, the Duesenberg car, well maybe ;).

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