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Heard from a pit trader in the bean pit that this was one of the first times that you could sell the beans on the close and actually buy em back lower than where you sold em! Wheat also broke really hard at the close but I think we could trade substantially higher tonight. Can't support...

Depends. Sometimes the next contract month and sometimes they hedge years in advance. They are definantly a force in the market. The front month is dominated by speculaters while every other contract month is dominated by the commercials.

Hey don't listen to these people man they will be the people buying this market as it makes its multiple doller plunge! Dec/March getting absolutely no bid at all! Aussie number came out as bullish as bullish gets on the overnight and yet we still see dec/march sell off on the overnight with...

Bought a march/may corn spread @ -11'2. Closed at about -10'6. Looking to play the long side of corn from hear and I figure this is one of the best ways to do it. Also still looking at that march/july wheat. It seems to be forming a top around hear with guys starting to get interested in...

But does anybody know if I can trade mgex and kcbt wheat spreads electronically. I can't seem to get a straight answer from the people who work there or on there website. I know I can trade outrights through the pit but they don't say anything about electronic spreads or outrights. Anybody...

Ok do not listen to this guy because he is obviously someone who can't trade worth a damn and is therefore blaming it on the "quants and bots". These guys don't run the market and even in the markets like fixed income where they are very present that doesnt mean you can't make money in those...

You wont have to worry about resistance levels much longer. Wheat down 15 again after huge export numbers!

I know open e cry offers the Minneapolis and Kansas City wheat contracts through the pit but was just wondering if they offered them on the electronic platform? Also do they offer the calander spreads on there electronic platform for these 2 markets? Most of my trading is in the chi, minn...

The reason are as follows: We are just too damn high! dec/march spread getting no bid at all. corn/wheat spread at all time highs so wheat comes down or corn goes up. Bull trends end on the most bullish situations. I would recommend playing the spreads. Seems to be march has been the...

Hey shit happens! lol

What a hectic day! I would imagine my teachers probably aren't the happiest after me leaving class a million times but it turned out to be well worth it! Like I said bought a couple dec corn at 340 this morning and dumped them later on at 357. About $1700 profit there. Probably going higher...

Bean puts turned out like shit! Bought some dec corn at 340 today. We will see what happens!

What the hell? Are you kidding? You and all the others that posted yes on the poll must be the fools who keep taking the other side of my short 10.80 and 11.00 dec calls. Thanks its good to have liquidity:D !

Well good for all of you who can trade those complex products but I know I sure couldn't. Raw materials is what I trade best and can understand. A guy like me would have absolutely no use for a quant but i guess you guys can make good use of them. We all do what works best for us.

Bought one more 820 bean put today for 4 cents. So average is prob like 5'2. Looking to be more and more like a lottery ticket everyday but I honestly think that the report is going to be bearish tomorrow morning. Dec/March wheat spread getting no bid at all lately and could be signaling...

No and No! Wheat seems to be signaling a top hear soon with the dec/march spread getting no bid at all anymore. To much bullish news going on in this market. I would imagine that the report will be bullish but not to the extent everyone is thinking. Beans I think will get a bearish report...

Yes I am in high school but have probably had more market experience than 3/4 the people on et. Im not bragging about a 3.0 gpa I wish it was higher but I know I will be going to a state college so I don't really care. I can understand now why you would need quants. I thought they were just...

bean put closed at 4'6 today. Damn really taking premium out of it over the last few trading days. I only own one so not that big of a deal. Might try to buy one more tomorrow of we get any type of bid in these beans. Crop report out wednesday so guys will prob take some money tomorrow. We...

Hey sjfan wake up call! As an independent trader I dont have to express my thoughts clearly because im the boss and the buck stops with me! The quants do have to express thoughts clearly, yet another reason why you would not want to be one! Also you don't have to be a genius to be a good...

Yes I understand that and if thats all you want to do is be some bitch basically working for an investment firm that doesn't care about you at all then a quant might be a good choice but if you want to actually trade for yourself and be your own boss then I would not recommend the whole math...