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| Speculative markets are famous for doing the unexpected.
That's why most people--over 90%-fail with commodity speculation. Read that figure many times in many sources--and I believe it.
One of the best things you can do for a good price for your crops is to sell after a market has had a good "run-up." Markets go up on the charts and then drop back and then go on up. Each of these advances up are called "legs." Once at good price level sell about 1/3 each time market looks like "overbought." That'd be a leg up about the size of the previous one.
What markets "should do" has hurt a lot of people. The market is the boss. The market is reality no matter how screwy the price may seem.
Don McCullough | |
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