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Bought beans
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buford
Posted 5/23/2019 08:46 (#7514910 - in reply to #7514892)
Subject: RE: Bought beans


Well, yeah I may be a little early but my thinking is that I want to be long beans sometime the next couple weeks provided the weather system doesn't make a major change. I would rather take a couple, three small losses then not be in when the trade realizes what is going on and some morning we open 30 , 40 higher and then trying to chase. At that time then all kinds of things happen and the volatility will be crazy. Clearing firms will be raising margins, etc and the market will be much harder to navigate. Thats my thought process right now. Besides, nobody seems to be bullish beans, so???
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